Arabic News Weekly Edition for Economics, 10/23/2000
Weekly Edition, Economics - Week of October 23, 2000
- Iraq, India hold joint commission meeting
Iraqi Vice President Yacine Taha Ramadan, whose visit to India earlier this month was postponed because of "certain circumstances," will now come here soon after a meeting of the Indo-Iraqi Joint Commission to be held before the end of November, the Press Trust of India reported, quoting an Indian Foreign Office spokesman. Iraq-India, Economics, 10/28/2000 - Morocco, Mali study civil service cooperation
Ways to enhance Moroccan-Malian cooperation in civil service fields topped talks held in Rabat Friday between Moroccan public administration and administrative reform minister, M'Hamed Khalifa and visiting Malian employment and vocational training minister, Makan Moussa Sissoko. Morocco-Mali, Economics, 10/28/2000 - 30 Moroccan SME projects get 100 million ff financing
Over 30 projects worth 100 million FF have been submitted to the Société Générale Marocaine de Banques in charge of the Small And Medium Enterprise (SME) financing line by the French Development Agency. Morocco, Economics, 10/28/2000 - King Mohammed launches construction works of Mohammadia industrial zone
Morocco's King Mohammed VI on Friday launched construction works of a 117-hectare industrial zone in Mohammadia, near Casablanca. Morocco, Economics, 10/28/2000 - Casablanca traditional fishing sector backs government Morocco-European Union, Economics, 10/28/2000
- Oil sector development prospects in Morocco probed
Industry, trade, energy and mining minister Mustapha Mansouri met in Rabat heads of the Moroccan oil industry (GPM) for a thorough scrutiny of development prospects for oil-product distribution in the kingdom. Morocco, Economics, 10/28/2000 - Mubarak, new life into Sinai
With the unleashing of the ever-streaming Nile waters into Sinai, a new leaf has been turned in the history of Egypt. Sinai, demographically considered a vacum for long, now turns into an inhabited, cultivated, industrialised and well-mined area with many schools and trading firms; a wholly integrated community whose members are bound to the land with the strings of patriotism and interest. Egypt, Economics, 10/27/2000 - The Syrian government to cancel subsidy for sugar and rice
Economic sources in Damascus said that the government of the prime minister Muhammad Mustafa Miro is inclined towards removing the government's subsidy to rice and sugar prices in the framework of the efforts to strengthen the local economy and ensure extra financial sources after the increase in the state's employees at 25%. Syria, Economics, 10/27/2000 - Egyptian - Jordanian business council begins today in Sharm EL-Sheik
The annual meetings of the Egyptian - Jordanian business council are to begin today in Sharm El-Sheik city under the chairmanship of the two heads of the businessmen councils in the two states Saeed El-Taweel and Hamdi El-Tabaa. Egypt-Jordan, Economics, 10/27/2000 - Libya reveals its plans for foreign investment
The C.W.C group said that Libya will reveal its five fold plan for the investment in the coming month during the foreign investment conference which will be held under the auspices of the government and organized by the group. Libya, Economics, 10/27/2000 - Egypt: Investors of Obour city stop all forms of dealing with Israel
The board of directors of Obour investors association in Cairo decided in an urgent meeting during this week under the chairmanship of Mostafa El-Sallab on a set of practical procedures to support the Palestinian people's uprising. Egypt-Palestine, Economics, 10/27/2000 - Increasing Egyptian exports to Japan by 150% during 3 years Egypt-Japan, Economics, 10/27/2000
- World trade promotion conference opens in Morocco
The third World conference of Trade promotion bodies opened in Maraakesh Thursday with several Moroccan and foreign experts attending. Regional, Economics, 10/27/2000 - Morocco presents off-shore oil drill tender to US operators
Morocco launched on Thursday in Houston an international tender for oil prospecting in the Rabat-Safi offshore 31,090 square km zone. Morocco, Business, 10/27/2000 - Arab Gulf economy is booming
The secretary general of the Organization of the Arab Petroleum Exporting countries OAPEC Abdul Aziz al-Turkey has expected that the Gulf economy will achieve a high increase of growth might reach 20%. Gulf, Economics, 10/27/2000 - Some 1200 Israeli prisoners instead of Palestinian workers
The Israeli industrialists society on Wednesday signed an agreement with the Israeli prisons administration which avails for employing " public right " prisoners to replace the Palestinian workers. Israel-Palestine, Economics, 10/27/2000 - Morocco proposes creation of joint funds to restructure enterprises in Islamic states
Morocco proposed the creation of joint funds to restructure small and medium-sized enterprises in Islamic states to enable them face up globalization. Regional, Economics, 10/27/2000 - Continuation of the sanctions threaten olive crop in Israel
The vegatabes and fruits farmers council in Israel warned of damage to thousands of tons of olives in case no labor is available to pick them within a week or 10 days. Israel-Palestine, Economics, 10/27/2000 - Syria, Egypt to sign an agreement on scientific, technological cooperation
Syria and Egypt are preparing to sign an understanding agreement on scientific and technological agreement between the two states especially in the area of information technology. Syria-Egypt, Economics, 10/26/2000 - Jordan, US sign a free trade agreement
The US and Jordan on Tuesday at the White House signed a bilateral agreement on free trade provides for, for the first time, items on protecting workers rights, the environment and electronic trade. Jordan-USA, Economics, 10/26/2000 - Dollar bonds to lure more investments, boost economy Egypt, Economics, 10/26/2000
- 40 Egyptian companies in COMESA fair tomorrow Egypt, Economics, 10/25/2000
- Israeli economy deterioration as a result of the uprising
The British daily Financial Times said on Tuesday that the events of the Palestinian Intifada (uprising) had shaken the Israeli economy in a way that shocked the Israeli politicians, who used to have no considerable account to the local economy. Israel, Economics, 10/25/2000 - New Headquarters in Morocco for Japan's Suzuki Morocco-Japan, Business, 10/25/2000
- Saudi- Iranian economic cooperation Saudi Arabia-Iran, Economics, 10/24/2000
- Mali's employment minister visits Morocco Morocco-Mali, Economics, 10/24/2000
- Arab organization to implement projects in Palestine
The Rabat-based Arab Organization for Industrial and Mining Development announced that it will carry out development projects in Palestine. Palestine-Regional, Economics, 10/24/2000 - King Abdullah heads for the USA
Jordanian King Abdullah II headed for the US on Monday in a visit which will last for several days during which he will attend, together with the US President Bill Clinton the free trade area signing agreement to be held today in Washington. Jordan-USA, Economics, 10/24/2000 - Arab states to liberalize air transport
The Arab Civil Aviation Organization will start as of next November implementing the first phase of an air-transportation liberalization program in the Arab world. Regional, Economics, 10/24/2000 - Morocco, Turkey hold joint economic commission
Morocco and Turkey opened on Monday works of their 7th joint commission to try to increase bilateral trade exchanges from $ 156 Mln posted in 1999. Morocco-Turkey, Economics, 10/24/2000 - European free-trade association delegation in parliament
The visiting delegation of the European Free-trade association held in Rabat Monday a work session with Moroccan MPS on means to consolidate cooperation between the kingdom and member countries. Morocco-European Union, Economics, 10/24/2000 - US ambassador calls for reducing deadlines for investment files handling
US ambassador to Morocco, Edward Gabriel, called for reducing the deadlines for handling investment requests in Morocco. Morocco-USA, Economics, 10/24/2000 - Two international groups vie for power plant project in Morocco Morocco, Business, 10/24/2000
- Morocco sees $ 14.99 bln in receipts in 2001
Morocco said Monday the state receipts will reach $ 14.99 billion (164.9 billion DH) under the 2001 appropriation bill, representing a 10 % jump compared to 2000. Morocco, Economics, 10/24/2000 - A decrease in the value of stocks and Shikal in Israel Israel, Economics, 10/24/2000
- Arab banking foundation allowed to increase capital by $ 20 million
The Algerian loan and monetary council, the highest monetary authority in Algeria, has approved a $ 20-million increase in the capital of the Bahrain-based Arab banking foundation. Algeria, Business, 10/24/2000 - Economic cooperation between Saudi Arabia and Iran Saudi Arabia-Iran, Economics, 10/23/2000
- Oualalou calls Europe to invest more in Morocco
Morocco's Minister of economy, finance, privatization and tourism Fathallah Oualalou urged Monday Europe, countries of the free-exchange association namely, to invest more in Morocco. Regional, Economics, 10/23/2000 - Phosphate and byproducts exports drop 4.4 pc end of august
Moroccan exports of phosphates and by-products posted a 4.4 PC drop in the first eight months of this year, standing at 843 million USD against 883 million USD for the same period in 1999. Morocco, Economics, 10/23/2000 - Morocco launches international tender for oil prospecting
Morocco launched on Monday in London the first international tender for oil prospecting in the Rabat-Safi offshore 31,090 square km zone. Morocco, Economics, 10/23/2000 - Morocco expects foreign debt downsizing to $ 15.3 bln
Morocco said it will downsize its foreign debt to $ 15.3 billion at the end of the year. Morocco, Economics, 10/23/2000 - Israel refuses recieveing Palestinian laborers
Israel decided on stopping Palestinian labor from entering Israel and to stop dealing with them in selling and purchasing to punish them for their the ongoing protest demonstrations. Palestine-Israel, Economics, 10/23/2000 - Textile, leather items exports up by 5.9 %
Morocco's exports of textile and leather items progressed by 5.9 % during the first eight months of the current year totaling some 19.28 billion DH ($1.75 billion) compared to 18.2 billion DH ($1.65 billion) a year before. Morocco, Economics, 10/23/2000