Arabic News Weekly Edition for Economics, 1/15/2001
Weekly Edition, Economics - Week of January 15, 2001
- Egypt - Iraq joint trade zone promotes economic, industrial relations
Economy and Foreign Trade Minister Youssef Boutros Ghali voiced readiness to visit Iraq as soon as possible at the head of an economic and trade delegation and with the participation of a number of Egyptian export firms. Egypt-Iraq, Economics, 1/20/2001 - Egypt, Iraq sign agricultural cooperation program Egypt-Iraq, Economics, 1/20/2001
- Egypt, Iraq sign free trade zone agreement
Egypt and Iraq on Thursday signed a protocol that would establish a joint trade zone between them and cancel all tariff and taxes on all goods and products exchanged. Egypt-Iraq, Economics, 1/20/2001 - China builds clothing factory in Morocco Morocco-China, Business, 1/20/2001
- France projects to write off debt of 15 African countries
French president, Jacques Chirac, announced here Friday after the closing of the 21 st Africa-France summit, that his country is planning to write off 10 billion Euro of bilateral debts owned by poorest countries. Regional-France, Economics, 1/20/2001 - Egyptian economy's robust, isn't in need of WB, IMF's aids
Egypt's Prime minister Atef Ebeid said the Egyptian economy is robust and doesn't need assistance from World Bank and International Monetary-Fund (IMF). Egypt, Economics, 1/20/2001 - Egypt rejects Israel's participation in a trade conference Egypt-Israel, Economics, 1/20/2001
- Egypt celebrates Toshka project
Egypt yesterday celebrated the fourth anniversary of "Toshka", the date when President Hosni Mubarak launched the biggest Egyptian national project. Egypt, Economics, 1/20/2001 - Morocco and EU to resume technical talks over fisheries
Morocco and the European Union are presently in touch to resume "technical" talks on fisheries by end of next week, EU sources said. Morocco-European Union, Economics, 1/20/2001 - Pollution costs Morocco 8% of GDP
Environment pollution and degradation costs Morocco 8% of its Gross Domestic Product, said Mohamed El Yazghi, minister of territory development, town planning, housing and environment. Morocco, Economics, 1/19/2001 - Jordan starts measures to erect an oil pipeline with Iraq
Jordan is intending to carry out the pipeline project to transport the Iraqi oil to Jordan at a length of 750 Kms and at a cost of US $ 350 million. Jordan-Iraq, Economics, 1/19/2001 - Saudi Arabia, Iran stress the need of developing bilateral trade relations
Saudi Arabia and Iran have stressed the need of developing bilateral trade relations and to provide necessary facilitation for imports measures in the two countries. Saudi Arabia-Iran, Economics, 1/19/2001 - Syrian premier confers with Oteiqa, JICA chief
The Syrian prime minister Muhammad Mustafa Miro on Thursday met the chairman of the Japanese International Cooperation Agency JICA and members of the accompanying delegation. Syria-Japan, Economics, 1/19/2001 - North African port authorities agree on exchange intensification
The administrative board of the north African port authorities union closed on Thursday their 28 th session and agreed to intensify exchange of computerized data. Regional, Economics, 1/19/2001 - Iraqi - Jordanian oil pipeline to be erected
Governmental sources in Amman said on Wednesday that the Jordanian Government gave the signals to start the implementation of the project to erect a crude oil pipeline to the Jordanian oil refinery of al-Zarqa. Jordan-Iraq, Economics, 1/18/2001 - Economic axis under Arab umbrella
Egypt's Minister of Information Safwat A1-Sherif said that Egypt moves on the economic axis under the Arab umbrella and in accordance with the resolutions of the Arab Summit and the Arab League. Egypt-Regional, Economics, 1/18/2001 - Egyptian industry credit to all Arabs
Iraqi Vice-President Taha Yassin Ramadan hailed progress of the Egyptian-industry, which he described as a credit to all Arabs, expressing his country's hope for boosting cooperation with Egypt in various fields. Egypt-Iraq, Economics, 1/18/2001 - Moroccan - Chinese commission meets in Beijing
An expert meeting will be meeting on Jan.18-20 to finalize draft agreements in tourism, infrastructure, and environment and review other projects in fiscal, railway and health sectors. The two countries will also be exploring new area for cooperation in trade, finance, agriculture, equipment, transportation, energy, mining, fish culture, youth and sports. Morocco-China, Economics, 1/18/2001 - World Bank extends Morocco $ 2.2 million loan
The World Bank has extended Morocco a $ 2.2 million loan destined to finance a sustainable coastal tourism development project, estimated to cost $2.6 million. Morocco, Economics, 1/18/2001 - Egypt to observe Toshka's fourth anniversary Egypt, Economics, 1/18/2001
- Libya agrees in principle to setting up free-trade area with Morocco
Libya has agreed in principle to the setting up of a free-trade area with Morocco, said secretary (minister) of the Libyan general popular committee of African unity, Abdesslam Triki. Libya-Morocco, Economics, 1/17/2001 - Syria announces the discovery of diamond mines
The state run Syrian daily Tishreen said in its Tuesday's issues that losses of the public sector in Syria for the year 2001 are estimated 75 billion Syrian pounds ( US $ 1.6 billion) at a time when a Syrian official announced that his country owns several diamond mines that can be exploited commercially. He called on foreign investors to invest in it. Syria, Economics, 1/17/2001 - Prince moulay rachid meets group of US investors Morocco-USA, Economics, 1/17/2001
- Interior minister meets head of Arab road safety organization Morocco, Economics, 1/17/2001
- King Abdullah of Jordan confers with JICA's chief
The Jordanian King Abdullah II on Tuesday reviewed with the Chairman of the Japanese International Cooperation Agency JICA K. Satio areas of cooperation between Jordan and Japan. Jordan-Japan, Economics, 1/17/2001 - EU hosts developing nations' meeting on energy
The European Union is hosting in May 2001, a conference on energy and its link with poverty ahead of the UN-sponsored meeting grouping the world's Least Developed Countries (LDCs). Regional, Economics, 1/17/2001 - Spanish socialists against reprisals for non-renewal of fishery agreement with Morocco
Spain's socialist labor party (PSOE) said it opposes reprisal threats against Morocco by some milieus which want to block the transit of Moroccan exports to Europe, in case no fishery agreement is reached with Morocco. Morocco-Spain, Economics, 1/17/2001 - Iraq abrogates custom fees with Egypt
Iraq's minister of trade Mahdi Muhammad Saleh said that Iraq has canceled all customs fees and imports licenses and lifted all customs restrictions in the trade relations with Egypt this week. Iraq-Egypt, Economics, 1/16/2001 - Syrian source denies smuggling of Iraqi oil
A high ranking Syrian official has described the news which talked about smuggling oil from Iraq to Syria as rumors that Syria has recently become used to. Iraq-Syria, Economics, 1/16/2001 - Morocco's trade deficit worsens by 41.5% end of October 2000
Morocco's trade deficit reached 38 billion DH ($ 3.79 billion) in the January-October 2000 period, worsening by 41.5% compared to the same period of 1999, says the latest newsletter of the Exchange Office. Morocco, Economics, 1/16/2001 - Number of Marrakesh Visitors Increase by 30% Morocco, Economics, 1/16/2001
- A plan to organize foreign labor force in Kuwait Kuwait, Economics, 1/15/2001
- Mubarak lauds high standard of new Cairo housing units
Egypt's President Hosni Mubarak Sunday lauded the high standard, the decorative works and the finishing of the housing units during his inspection of the National Mubarak Housing Project for Youth (NMHPY) . Egypt, Economics, 1/15/2001 - Mubarak approves broad lines of New State Budget
Egypt's President Hosni Mubarak approved, in principal the broad lines of new state budget that hits LE 123 billion against LE 112.6 billion in current budget. Egypt, Economics, 1/15/2001 - Moroccan fishing professionals refuse new agreement with EU as prodi says negotiations are not interrupted
Moroccan high sea fishing professionals started this Monday a strike to express refusal of a new fishery agreement with the European Union, while chairman of the EC, Romano Prodi, said Monday negotiations are only suspended, not interrupted. Morocco-European Union, Economics, 1/15/2001 - Morocco, EU sign 109 million euro-worth conventions
Morocco and the European Union signed here Sunday night three conventions, worth 109 million Euro (1.0 billion Dirhams or $ 95.2 Million) to go to the sectors of finance, health and low-cost housing. Morocco-European Union, Economics, 1/15/2001