Arabic News Weekly Edition for Economics, 12/11/2000
Weekly Edition, Economics - Week of December 11, 2000
- A Syrian, Egyptian and Lebanese memorandum of understanding to transport, market natural gas
In the presence of the Lebanese prime minister Rafik al- Hariri a memorandum of understanding was signed on Friday in Beirut between Syria, Egypt and Lebanon on the transportation and marketing of natural gas. Regional, Economics, 12/16/2000 - Standard and Poor's:Egypt's economy could stabilize its growth rate
Standard and Poor's said that the Egyptian government, in its endeavor to fulfill its commitment to a reform plan of the economy, adopted new guidelines based on transparency in public financing Egypt, Economics, 12/16/2000 - Libya discovers big gas reserves Libya, Economics, 12/16/2000
- President reviews development in mega projects
During the meeting Prime Minister Atef Ebeid presented a comprehensive report on the scheme of building a major port and infrastructure facilities to be carried out as scheduled. Housing Minister Mohamed Ibrahim Soliman reviewed the situation of eleven investment companies to which plots of land were given for development in the area. Egypt, Economics, 12/16/2000 - An independent body for running economic zones
Egypt's President Mubarak will preside over an expanded meeting on Monday for reviewing rates of performance and progress of northwestern Gulf of Suez project. Egypt, Economics, 12/16/2000 - Moroccan official Calls for IT Generalization by 2002
Morocco's Secretary in charge of posts and information and telecommunication technologies, Nasr Hajji, stressed on Friday night the importance of generalizing new information and communication technologies in Morocco in 2002. Morocco, Economics, 12/16/2000 - Nationwide 24 hour telecommunication strike on january 10
The national posts and telecommunications union announced a 24-hour strike for January 10 in the telecommunications sector. Morocco, Economics, 12/16/2000 - Senegalese scientist develops Islamic inheritance software
Cheikh Bamba Dioum, a computer scientist at the Senegalese Oil Seed Marketing Company (SONACOS), has developed "Defi Heritage," a software for the management of inheritance according to the rules of Islam Regional, Business, 12/16/2000 - Slight fall in tourists who visited Marrakesh in november 2000 Morocco, Economics, 12/16/2000
- Morocco to host conference on US-Africa energy partnership Morocco, Economics, 12/16/2000
- Al-Assad receives the EIB delegation
President Bashar al-Assad on Thursday in Damascus received at al-Shaab palace the deputy president of the European Investment Bank EIB Francis Mayor. Mayor was accompanied by the EU chief of mission Marc Piereni, the French Ambassador in Damascus and other EU officials concerned. Syria-European Union, Economics, 12/15/2000 - Memorandum on Lebanese- Egyptian gas pipeline
Egypt and Lebanon will sign by the end of the current week a memorandum of understanding over the project of installing the Egyptian natural gas pipelines from al-Arish city to Tripoli in North Lebanon through the waters of the Mediterranean and then from Syria, Turkey and Europe. Lebanon-Egypt, Economics, 12/15/2000 - Moroccan senate winds up 2001 draft finance bill scrutiny
The House of Advisors (upper house) is meeting in plenary sessions this Friday to wrap debates on the draft finance bill for the year 2001, a house release said. Morocco, Economics, 12/15/2000 - Yemenis are enthusiastic for American goods boycott campaign
The Yemeni society for protecting the consumer has completed its preparations to carry out the special campaign to boycott the American and Israeli good and commodities, including goods produced by multinational companies. Yemen-USA, Economics, 12/15/2000 - Ministers back EC in bid to wrestle fishery accord with Morocco before 2001
The fishery ministers' council of the European Union, meeting in Brussel December 14-15, voiced resolve to back the European Commission in efforts to reach by the end of the year a fishery agreement which satisfies the Union and Morocco. Morocco-European Union, Economics, 12/15/2000 - General Assembly adopts economic measures aimed at helping needy countries
The General Assembly on Thursday adopted a series of resolutions aimed at generating special economic assistance for individual countries and regions facing difficulties as a result of natural disasters or other problematic conditions. Regional, Economics, 12/15/2000 - French HBS Technologie Group opens unit in Casablanca
The French automobile and aeronautics Group HBS Technologie opened Wednesday a production unit in Casablanca. Morocco-France, Business, 12/15/2000 - US warns companies against breaking sanction with Iraqi on oil
The US on Tuesday told oil companies that it expects these companies to refuse Iraq's attempts to make these companies violate the UN sanctions by paying extra fees at an account outside the control of the UN. Iraq-USA, Economics, 12/14/2000 - Arab League prepares meeting for Arab boycott office of Israel
The General secretariat of the Arab League (AL) in coordination with the main office of the Arab boycott of Israel. Which takes Damascus as a headquarters started contacts and consultations to convene an emergency meeting for the Arab boycott office in Damascus within the few coming days with the aim to revitalize the main boycotting office and the branch offices in the Arab states. Regional-Israel, Economics, 12/14/2000 - Iraq resumes exports under UN oil-for-food scheme
After a 12-day suspension, the United Nations-administered loading of Iraqi crude oil has resumed at an oil platform in the south of the country, a UN spokesman announced Wednesday. Iraq, Economics, 12/14/2000 - Vast prospects to be launched by the Saudi- Yemeni coordination council
Economic circles expect that the meeting of the Yemeni- Saudi coordination council will launch vast prospects before the trade exchange movement and the investment partnership between the businessmen of the two countries. Saudi Arabia-Yemen, Economics, 12/13/2000 - Iraq's suspension of oil exports continues, UN says
Iraq's suspension of its oil exports under the United Nations oil-for-food program continued into its twelfth day even though the humanitarian scheme had been extended, the UN office overseeing the effort said on Tuesday. Iraq, Economics, 12/13/2000 - Iraq stops deliveries of crude to India Iraq-India, Economics, 12/13/2000
- Businessmen unions laments critical situation
The Moroccan businessmen association (CGEM) has lamented that several economic sectors are facing a critical situation. Morocco, Business, 12/13/2000 - New oil discoveries in Yemen
The Nicosia based Middle east Economic Survey ( MEES ) said in its Monday's issue that several international companies have shown interests in four new areas in Yemen, that were specified as a result of a border agreement with Saudi Arabia in June. Yemen, Economics, 12/13/2000 - Moroccan, European delegations part with no date for resumption of fishery talks Morocco-European Union, Economics, 12/12/2000
- Morocco, USA set up high-level joint commission
Morocco and the United States have set up Monday a high-level joint commission to promote economic, financial and trade partnership between the two countries. Morocco-USA, Economics, 12/12/2000 - President Wade voices hope Morocco would build new Dakar airport Morocco-Senegal, Economics, 12/12/2000
- Iraq agrees to extend the oil for food agreement
Iraq on Monday announced its consent to extend working in the oil for food agreement, signed with the UN for other six months. Iraq, Economics, 12/12/2000 - Malaysia woos Gulf states retirees
A Malaysian delegation is visiting the Gulf Arab states to attract prospective retirees to live in the country Gulf-Malaysia, Economics, 12/12/2000 - Important economic decisions expected soon in Syria
Sources of the Syrian government have learnt that the Baath Party leadership will resume meetings under President Bashar al-Assad to complete approving strategies and programs on comprehensive economic reforms. Syria, Economics, 12/11/2000 - Egypt, Libya, Iraq agree to establish a free zone area
Initially, each of Egypt, Libya and Iraq have agreed to a draft project to declare the establishment of a free market between the three states in the framework of the Arab economic unity council. Regional, Economics, 12/11/2000 - Jweili calls for Arab food-sufficiency Regional, Economics, 12/11/2000
- Iraq resumes oil exports
An Iraqi oil source said on Sunday that Iraq will resume its oil exports shortly to end thereby suspension of exports which started in the 1st of this month because of differences over oil prices with the UN. Iraq, Economics, 12/11/2000 - European Investment Bank resumes lending to Syria
The European Investment Bank ( EIB) the lending arm of the European Union- will resume operations in Syria on 14th December with the signing of a 75 million EURO loan for the electricity sector. The signature will take place during an official visit of Francis Mayer, Vice President of the EIB. Syria-European Union, Economics, 12/11/2000 - Gulf states, the EU to convene 12th meeting on free trade
It was decided to convene the 12th meeting of the joint cooperation committee between the Gulf Cooperation Council (GCC) member states and the European Union EU during April, 2001 in Brussels and this meeting to be coincided with the meeting of the political dialogue at the level of experts. Gulf-European Union, Economics, 12/11/2000 - Islamic Bank receives first contributions to Palestinian funds
Chairman of the Islamic Development Bank (IDB) Ahmad Mohammad Ali announced on Sunday that the bank has begun receiving contributions from the Arab countries in the Jerusalem and Intifada funds. Palestine-Regional, Economics, 12/11/2000 - 60 percent of Sheikh Zayed Canal constructed
Egyptian Minister of Water Resources and Irrigation Mahmoud Abu Zeid said 60% of Sheikh Zayed Canal and more than 53 % of the Mubarak pumping station was constructed. Egypt-United Arab Emirates, Economics, 12/11/2000