Arabic News Weekly Edition for Economics, 11/13/2000
Weekly Edition, Economics - Week of November 13, 2000
- Morocco-EU fishery talks, difficult and tense, says French minister
Talks between Morocco and the European Union on fishery cooperation are difficult and tense, said Friday French agriculture and fishery minister Jean Glavany adding the ministerial Council encouraged the Commission to carry on discussions. Morocco-European Union, Economics, 11/18/2000 - Drinking-water and sanitation projects get $ 62 million from Germany
Morocco and Germany signed in Rabat Friday several financing contracts worth $ 62.1 million destined to drinking-water and sanitation projects in the kingdom. Morocco-Germany, Economics, 11/18/2000 - Egypt against intellectual piracy
Regional manager of Commercial Software Producers Association, Mr. Simon Soil, affirmed that Egypt has achieved a big stride in software anti-piracy procedures and protection of intellectual property in comparison to other Middle East countries. Egypt, Economics, 11/18/2000 - Travel and expatriates receipts increase against drop in foreign investments and private loans
Moroccan finance flows in the first nine months of the year recorded increases of 11.7% in travel receipts and 11.6% in remittances by Moroccan Residents Abroad (MRA). Morocco, Economics, 11/18/2000 - Sudanese bank merges branches
The bank of Khartoum has decided to close 17 of its branches in various Sudanese provinces as well as to merge other 8 branches altogether as from next month. Sudan, Business, 11/18/2000 - SOMEPI passes solar-energy partnership with US ENERCORP
Moroccan firm "SOMEPI" and American "ENERCORP" signed in Washington Thursday a partnership agreement under which a plant manufacturing solar panels will be built and operated in the Casablanca area. Morocco-USA, Business, 11/17/2000 - Saudi Arabian trade mission in Indonesia
A Saudi trade mission led by head of the Chamber of Commerce and Industry Usman Al-Kurdy left is visiting Indonesia to enhance trade cooperation between private businessmen from the two countries. Saudi Arabia-Indonesia, Economics, 11/17/2000 - Europeans pledge 12.7 billion Euros to Euro-Med partnership for six coming years
European officials who attended the Marseilles Conference pledged 12.75 billion EUROS to Euro-Mediterranean partnership for the coming six years. Regional-European Union, Economics, 11/17/2000 - Preparations for the Saudi - Egyptian committee Egypt-Saudi Arabia, Economics, 11/17/2000
- US funds feasibility study on privatization of Moroccan airports
The US Trade and Development Agency (TDA) extended Morocco $ 200,000 Thursday to fund the feasibility study of Moroccan airports privatization. Morocco, Economics, 11/17/2000 - Morocco keen on more economic overture and investment promotion
Morocco is keen on economic overture and further consolidation of a climate favorable to private investment, said minister of social economy, small and medium enterprise and handicraft, Ahmed Lahlimi, said Wednesday. Morocco, Economics, 11/16/2000 - Lahlimi meets Eizenstat and other US officials
Morocco's Social economy, SME and handicraft minister, in charge of government's general affairs, Ahmed Lahlimi met in Washington Wednesday, in side-meetings to the Maghreban conference on trade and investment, several American officials. Morocco-USA, Economics, 11/16/2000 - Oil imports cost $ 1.14 billion end of september
Moroccan crude oil imports totaled $ 1.14 billion by the end of September when it stood at $ 580 million for the same period in 1999, an increase of 97.4 percent, figures of the Moroccan "Office des Changes" showed. Morocco, Economics, 11/16/2000 - UAE businessmen willing to set up joint ventures with Moroccan peers
Businessmen from the United Arab Emirates have voiced willingness to set up joint ventures with Moroccan peers and to contribute to enhancing cooperation between the two states. United Arab Emirates-Morocco, Economics, 11/15/2000 - Morocco asks EU to reconsider fishery proposals
Fishery minister, Said Chbaatou, and foreign affairs and cooperation secretary of state, Taieb Fassi Fihri, asked Tuesday the European Union to reconsider its counter-proposals of November 8 in Rabat to the Moroccan fishery offer. Morocco-European Union, Economics, 11/15/2000 - Beijin to import more, invest more in Morocco, ambassador says Morocco-China, Economics, 11/15/2000
- Kuwait denies to have paid salaries for Palestinian government employees
Kuwaiti minister of finance and communications Sheikh Ahmad Abdullah al-Ahmad al-Sabah has strongly denied statements made by the Palestinian minister of international co-operation Nabil Shaath on that Kuwaiti sums will be paid as salaries for the employees of the Palestinian government. Kuwait-Palestine, Economics, 11/15/2000 - European union ambassadors in Morocco visit Agadir region
The ambassadors of the European Union member countries in Morocco pay November 16-17 a working visit to the region of Agadir and Taroudant to show the union's interest for a close cooperation with the regions of southern Morocco. Morocco-European Union, Economics, 11/15/2000 - 2001 finance bill meant to meet constraints, minister says
Economy, finance, privatization and tourism minister, Fathallah Oualalou, said Tuesday the 2001 draft finance bill is meant to meet constraints caused by drought, oil price hikes, debt-alleviation and human rights dossiers settlement. Morocco, Economics, 11/15/2000 - Car-sales slightly picking up end of september
Car-sales in Morocco, irrespective of category, slightly picked up in the early nine months of this year, announced the Moroccan employers' association (CGEM) in its latest bulletin "Info-CGEM." Morocco, Economics, 11/15/2000 - No suicidal fishery agreement with EU, says minister
Sea-fishery minister Said Chbaatou said in Rabat Monday there will not be a "suicidal" agreement with the European Union (EU) on fisheries. Morocco-European Union, Economics, 11/14/2000 - Moroccan, Gabon decide to promote sme
Morocco and Gabon signed in Rabat Monday three conventions on the promotion of small and medium enterprise (SME) and consolidation of bilateral trade ties. Morocco-Gabon, Economics, 11/14/2000 - Spain funds $ 2.4 mln drinking water projects in Morocco Morocco-Spain, Economics, 11/14/2000
- Tuna-fisheries ought to contribute to development, fishery minister says
Sea-Fishery minister Said Chabaatou underscored in Marrakesh Monday the necessity for developing countries to rely more on tuna-fisheries in social and economic development. Morocco, Economics, 11/14/2000 - Palestinian economy losses US $ 6 million every day
The director general of the Arab labor organization Ibrahim Qweider has stressed that the Palestinian economy losses daily US $ 6 million since the beginning of the Intifada (Uprising) on September 28. Palestine, Economics, 11/14/2000 - Palestine calls for boycotting General Motors
The Palestinian government on Monday called for an international boycott of the products of the US General Motors to protest against its sponsoring of a recent High-tech seminar in an Israeli settlement. Palestine-USA, Economics, 11/14/2000 - Pan-Islamic Body Increases Bank's Capital
The Islamic summit, held over the weekend in Doha (Qatar), decided to increase the capital of the Jeddah-based Islamic Development Bank (IDB). Regional, Economics, 11/14/2000 - Northern provinces donated chinese construction engines Morocco-China, Economics, 11/13/2000
- EU response to Moroccan offer, no grounds for balanced partnership, minister says
The European Union response to the Moroccan offer made in Brussels does not translate commitment by the two sides to reach a new and balanced partnership, said Morocco's fishery minister Said Chbaatou. Morocco-European Union, Economics, 11/13/2000 - Ministry of SME amazed at calls for revision of SME draft charter
The ministry of social economy, small and medium sized enterprises and handicraft voiced amazement at the statement made by the federation of small and medium-sized enterprises (SME) calling for a substantial revision of the draft charter on SME. Morocco, Business, 11/13/2000 - Israel abrogates a contract with Turkey at US $ 60 million Israel-Turkey, Economics, 11/13/2000