Arabic News Weekly Edition for Economics, 10/30/2000
Weekly Edition, Economics - Week of October 30, 2000
- Oil agreement between Iraq and Jordan
Jordan and Iraq on Friday signed an agreement which states to provide Jordan with 5 million tons of Iraqi oil in the year 2001. Iraq-Jordan, Economics, 11/4/2000 - Britain warns Iraq against opening oil pipeline to Syria
The Kuwaiti daily al-Anbaa issued on Friday said that Britain has warned Iraq against the consequences of opening the oil pipeline to Syria and considered this step as depriving the Iraqi people from humanitarian aids, especially if the exports process is made outside the framework of the oil for food agreement. Iraq-Syria, Economics, 11/4/2000 - US parliamentarians talks with Egypt on free trade area
Some 45 US representatives forwarded a letter to the US President Bill Clinton to open negotiations with Egypt on concluding a free trade area agreement between the two countries. Egypt-USA, Economics, 11/4/2000 - First Egyptian private channel on Nilesat 102
Egypt's Minister of Information Safwat Al-Sherif said that launching the first Egyptian private channel on the second Egyptian satellite Nilesat 102 is a new experience and a new thinking aiming at fulfilling more openness and more democracy, which characterize President Mubarak era. Egypt, Economics, 11/4/2000 - UN Palestinian refugees agency seeks new funds in wake of violence
The head of the main United Nations agency providing relief to Palestinian refugees (UNRWA) said earlier this week that the latest spate of violence in the occupied Territories had caused severe economic damage, and urged donors to increase their support in response. Palestine, Economics, 11/4/2000 - Arab fund for economic development grants Tunisia 14 million kuwaiti dinar loan
The Arab Fund for Economic and Social Development signed a loan agreement with Tunis worth 14 million Kuwaiti dinars to finance a project to develop Tunisian industrial areas. Tunisia-Kuwait, Economics, 11/4/2000 - Moroccan bank opens branch in Madrid
Morocco's BCM bank opened on Friday its representation in Spain with a head office in Madrid. Morocco, Business, 11/4/2000 - Morocco and Libya sign conventions on bilateral cooperation
Morocco and Libya signed in Casablanca Thursday two conventions to enhance cooperation in investment and environment and the minutes of the 5th session of the high joint commission held in Casablanca. Morocco-Libya, Economics, 11/3/2000 - Parliament committee probes fishery talks with EU
The productive sectors committee of the House of Representatives held a work-session to probe results of early rounds of talks between the kingdom and the European Union on fisheries. Morocco-European Union, Economics, 11/3/2000 - Moroccan tomato hit by a virus carried in Israeli seeds Morocco-Israel, Economics, 11/3/2000
- Jordanian bankers society stops exchanging Shekel Jordan-Israel, Economics, 11/2/2000
- Moroccan association calls for boycott of Israeli products Morocco-Israel, Economics, 11/2/2000
- Mubarak calls on COMESA Leaders to meet in Cairo
Egypt's President Hosni Mubarak invited leaders of COMESA countries to participate in the sixth summit in cairo next May. Egypt, Economics, 11/2/2000 - Remarkable decrease of dollar exchange rate against Egyptian pound
smael hassan the governor of the central bank of Egypt (CBE) said US dollar exchange rate remarkably declined against the Egyptian pound in exchange companies. Egypt, Economics, 11/2/2000 - Cooperation with EU to cover all fishery activities
Cooperation with the European Union will cover all fishery activities but not to the expenses of fish resources, said fishery minister Said Chbaatou Wednesday. Morocco-European Union, Economics, 11/2/2000 - Egypt: trade with Israel recedes to zero
The chairman of the federation of the Egyptian chambers of commerce Khaled Abu Ismael stressed in Cairo on Wednesday that the volume of trade exchange between Egypt and Israel will recede to Zero during the coming year, adding that this volume does not exceed now 50 million Egyptian pounds. Egypt-Israel, Economics, 11/2/2000 - ACSAD 's 2nd training course on the use of Remote Sensing techniques and GIS in Monitoring Combating Desetrification
The second training course on the use of remote sensing techniques and GIS in Monitoring and combating desertification was held in the Arab center for the studies of Arid Zones and Dry Lands " ACSAD" 's headquarters in Damascus on October 9 - 31, 2000. Syria, Economics, 11/2/2000 - Casablanca hosts colloquy on ethics in enterprise Morocco, Business, 11/2/2000
- Jordan, Germany sign two financial agreements Jordan-Germany, Economics, 11/1/2000
- Iraq to reopen oil pipeline through Syria
The Nicosia-based Middle East Economic Survey ( MEES) news bulletin said on Tuesday that Iraq and Syria have agreed to reopen the oil pipelines between the two states, closed since 1982, in this month ( November), and most expectedly in the mid of this month. Iraq-Syria, Economics, 11/1/2000 - COMESA Free trade area to turn Africa into economic power
Egypt's President Hosni Mubarak said the Free Trade Area of Common Market For Eastern and Southern Africa (COMESA) clears the way for developing African economy so as to keep pace with competition in the new World Market. Regional, Economics, 11/1/2000 - Syria, Turkey to set up a joint irrigation company
Well-informed economic sources told the London-based al-Hayat daily on Tuesday that Ankara and Damascus had agreed to form a joint company on irrigation and the company will be built on the border inside the Syrian lands, aiming at developing ways of irrigation in the country, in collaboration with the Turkish experts and that Damascus's share of the company's capital is 51%. Syria-Turkey, Economics, 11/1/2000 - Monthly, annual inflation rates down in august, total deposits higher
Average monthly and annual inflation rates dropped in August compared to July and August last year, a monthly report by the Cabinet Information and Decision Support Centre (IDSC) said Sunday. Egypt, Economics, 11/1/2000 - Moroccan-USAID cooperation to benefit tourism, agriculture and sea-products association
The USAID signed in Agadir Tuesday a memo of understanding with three professional associations in tourism, agriculture and sea-products. Morocco, Economics, 11/1/2000 - Coastal fishing confederation calls for balanced partnership with EU
The Moroccan coastal fishery confederation called for support to moves meant to secure a balanced partnership with the European Union in processing and marketing of sea-products. Morocco-European Union, Economics, 11/1/2000 - Jordanian- Egyptian businessmen refuse any form of cooperation with Israel
The council of the Egyptian- Jordanian businessmen has stressed its rejection of any sort of cooperation with Israel. It called on the Arab states to sever any relations or economic ties with israel. Regional-Israel, Economics, 11/1/2000 - Used-water processing model station operated in Agadir
A model station for the processing of used-water for use in agriculture was launched at the Drarga rural community in the Agadir region. Morocco-USA, Economics, 11/1/2000 - Agadir to have a Marina
The Moroccan southern Atlantic city of Agadir will have a marina that will include several tourism compounds. Morocco, Business, 11/1/2000 - Morocco, Quebec set up $ 50 million risk-capital
Morocco's "Caisse de Dépôt et de Gestion" (CDG) and Quebec's "Caisse de Dépôt et de Placement" (CDPQ) signed in Rabat Tuesday documents setting up a risk-capital fund of $ 50 million to help promote financing of small and medium enterprises (SME). Morocco-Canada, Business, 11/1/2000 - Thuraya satellite to reduce phone call price in Morocco Morocco, Economics, 11/1/2000
- Alexandria chambers of commerce refuses to deal with Israeli ships Egypt-Israel, Economics, 10/31/2000
- British ambassador stresses importance of cooperation in IT Egypt-UK, Economics, 10/31/2000
- Saudi Arabia Invites Malaysian Investors
Malaysian investors have been invited to explore business opportunities created through privatization programs in Saudi Arabia, Malaysian news agency BERNAMA reported. Saudi Arabia-Malaysia, Economics, 10/31/2000 - Iraq defies the embargo and resumes internal air flights
Iraq decided on defying the imposed air embargo on it in north and south by resuming internal air flights. Iraq, Economics, 10/31/2000 - Germany resumes aid for Syria for the first time in 10 years
German Chancellor Gerhard Schroeder spoke of granting Syria a loan of 27 million dollars in the framework of resumption to the German financial aid to Syria which stopped since 10 years. Syria-Germany, Economics, 10/31/2000 - King Mohammed launches container-terminal extension
Morocco's King Mohammed launched in Casablanca on Monday extension works of the East container-terminal in Casablanca harbor. Morocco, Economics, 10/31/2000 - Moroccan- EU fishery meetings to resume nov.8 in Rabat
Moroccan-European Union fishery talks wound up in Rabat Tuesday and will resume November 8 in Rabat. Morocco-European Union, Economics, 10/31/2000 - Moroccan-EU fishery talks enter second day in brussels
Moroccan and European delegations resumed in Brussels Tuesday talks behind closed doors on fishery cooperation. Morocco-European Union, Economics, 10/31/2000 - 925 million are the losses of the Palestinian economy due to the seige Palestine-Israel, Economics, 10/31/2000
- Belgium Extends 25 Mln Belgian Francs to Moroccan Social Projects
Belgium will extend Morocco 25 million Belgian francs to back social projects in Morocco. Morocco-Belgium, Economics, 10/31/2000 - For the first time, and investment Bank in Syria
President Bashar al Assad on Sunday issued decree no. 508 for the year 2000 provides for the establishment of a general banking establishment under the name of " Investment bank." Syria, Economics, 10/30/2000 - Arab - German Chamber of Commerce, fruit of mutual cooperation
Egypt's Prime Minister Atef Ebeid and German Chancellor Gerhard Schroeder yesterday attended the ceremony of laying down foundation stone of the Arab German Chamber of Commerce which represents the fruits of cooperation between the Egyptian and German private sectors. Egypt-German, Economics, 10/30/2000 - King Mohammed launches flea-market re-development
Morocco's King Mohammed VI launched in Casablanca Monday re-development and construction works of the city's flea-market "Kriaa," located in the "Al Fida" district in Casablanca. Morocco, Economics, 10/30/2000 - Jordan still bans meat imports from 8 European states
Jordan minister of health Tareq Sheimat said on Sunday that Jordan had banned the imports of meats and its by-products from 8 European countries since five years. Jordan, Economics, 10/30/2000