Arabic News Weekly Edition for Economics, 2/26/2001
Weekly Edition, Economics - Week of February 26, 2001
- Israel and stealing of Arab waters
The document estimated the volume of the Israeli consumption of water resources which it controls including the Arab sources is estimated at 80% and said it uses these amounts for agricultural purposes. Regional, Economics, 3/3/2001 - Memorandum of cooperation between Bahrain, Iran Bahrain-Iran, Economics, 3/3/2001
- Economic cooperation high on agenda of Egypt, USA talks
Egypt's Prime Minister Atef Ebeid said the economic file of the Egyptian-US talks during President Mubarak's upcoming visit to the United States on April 2 includes a number of fundamental issues such as reactivating economic cooperation, increasing Egyptian exports to the United States and attracting US investments and technology. Egypt-USA, Economics, 3/3/2001 - Egypt promotes economic relations with EFTA
The standard of living and purchasing power of the European Free Trade Association (EFTA) countries give them a great trade weight despite their low population, said Hamdi Metwalli, First Undersecretary of Economy and head of Egypt's delegation to the negotiations with EFTA. Egypt-European Union, Economics, 3/3/2001 - Iraq's losses as a result of sanctions Iraq, Economics, 3/3/2001
- German companies, called on to invest in Egypt's railways
Egypt's Minister of Transport and Communications Ibrahim A1 Demiri met yesterday with the director of Frankfurt Airport's projects for talks on the possibility of implementing the third stage of Cairo Airport upgrading on the B.O.T system with a total cost of LE 3 billion. Egypt-Germany, Economics, 3/3/2001 - Kraft Foods International acquires Morocco's leading coffee company Morocco-USA, Business, 3/3/2001
- Morocco, Kuwait to set up high joint commission, diplomat
Morocco and Kuwait will set up shortly a high joint commission to look after the development of economic and trade exchanges between the two countries, Kuwaiti ambassador to Morocco, Souleyman Ibrahim Al Marjane announced Thursday. Morocco-Kuwait, Economics, 3/2/2001 - Morocco grants oil drilling licenses to foreign group
Morocco granted a South African-Swede Group three oil drilling licenses off the shores of the southern town of Tiznit. Morocco-South Africa, Business, 3/2/2001 - Iraq increases its imports though the Syrian ports
The Iraqi minister of trade Muhammad Mahdi Saleh has announced that his country decided to increase the volume of its imports through the Syrian ports and this decision is based on the care to strengthen and expand bilateral cooperation relations between the two "sisterly" states. Iraq-Syria, Economics, 3/1/2001 - India, Morocco agree to raise bilateral trade to over $1 billion
India and Morocco have agreed to raise bilateral trade turnover to over one billion dollar from the current level of around 450 million dollars by diversifying trade, Indian junior Commerce and Industry minister Omar Abdullah said. Morocco-India, Economics, 3/1/2001 - Egyptian-Italian talks to boost economic, investment, cooperation
"The Italian side expressed readiness to contribute to joint-venture projects in the fields of transport, overhauling railway utilities and building new airports and highways " Demeiri added. Egypt-Italy, Economics, 3/1/2001 - Agricultural cooperation between Israel, Ethiopia Israel-Ethiopia, Economics, 3/1/2001
- French Vivendi wins water, electricity management contract in Tangiers
French group Vivendi Universal won a contract for the management of water and electricity in the northern city of Tangiers for a 25-year period. Morocco-France, Business, 3/1/2001 - EU backs the Palestinians Palestine-European Union, Economics, 2/28/2001
- Moroccan-Indian-Made Computer Presented to King Mohammed VI Morocco-India, Economics, 2/28/2001
- Syrian President issues law on protecting author's rights Syria, Economics, 2/28/2001
- Bahraini- Iranian joint committee Bahrain-Iran, Economics, 2/28/2001
- Al-Hariri and Chirac meet Lebanon-France, Economics, 2/28/2001
- Egypt approves privatization of seven companies
The ministerial privatisation committee approves the sale of 90 per cent of shares of the Egyptian gypsum company at 83 million pounds on condition that the buyer retains all employees and pay 50 per cent of the price in cash. Egypt, Business, 2/28/2001 - $ 200 billion, Arab loses of brain- drain
A report by the Arab League estimated that the loses of the Arab states as a result of the migration of Arab intellectuals to outside at $ 200 billion, noting that the Western states are the greatest beneficiary from hosting a number of 450,000 Arabs of higher scientific qualifications. Regional, Economics, 2/27/2001 - Egyptian Iraqi Free Trade Zone agreement effective
Enforcement of an Egyptian Iraqi free trade zone agreement came into effect Monday in Iraq, where all customs outlets were notified of the laws and endorsement of the agreement by Iraqi leadership and parliament. Iraq-Egypt, Economics, 2/27/2001 - Bahrain - Morocco economic ties short of political relations, bahraini businessman
Economic relations between Bahrain and Morocco are short of the political ties binding the two Arab states, Bahraini businessman, Rached Ziyani, deplored. Bahrain-Morocco, Economics, 2/27/2001 - Egypt backs all Arab economic integration
Egypt's People's Assembly Speaker and Head of the Egyptian delegation taking part in the 38th session of the Arab Parliamentary Union said Egypt's stance has been and will always be based on backing all steps aiming at bolstering the march of Arab cooperation and economic integration. Regional-Egypt, Economics, 2/27/2001 - Japanese donation to Jordan Jordan-Japan, Economics, 2/27/2001
- Cairo Declaration of D-8 countries
We are convinced that Cairo Summit is held at a time that witnesses better economic situations of the D-8 member-states especially those suffering from financial crises that had earlier hit a number of developing countries. Although the D-8 member-states mostly enjoy today higher rates of economic growth, still they are facing a number of serious economic challenges. Regional, Economics, 2/26/2001 - Ebeid calls for Arab agreement to face world pharmaceutical blocs
Egypt's Prime Minister Atef Ebeid called on Arab pharmaceutical producers to conclude an agreement and boost inter-cooperation to face the world mega companies working in this field and also to liberalize trade in a way that pushes forward this strategic industry. Regional, Economics, 2/26/2001 - The D-8 Islamic states summit opened in Cairo
President Hosni Mubarak of Egypt on Sunday in Cairo opened works of the third summit of the 8 developing Islamic states which includes in addition to Egypt, each of Iran, Indonesia, Nigeria, Bangladesh, Turkey, Pakistan and Malaysia. Regional-Egypt, Economics, 2/26/2001 - Syrian- Jordanian al-Wahda dam project proceeds well Jordan-Syria, Economics, 2/26/2001
- New information technology, a priority sector for the government Morocco, Economics, 2/26/2001
- Economic cooperation between Egypt, Iraq
Iraq's minister of agriculture Abdul Illah hamid has stressed Iraq's care to strengthen economic relations with Egypt in all fields in the framework of the free trade agreement between the two states. Iraq-Egypt, Economics, 2/26/2001 - D-8 agree on easing entry visa procedures Regional, Business, 2/26/2001
- Free trade exchange on Agenda of Gulf states and European Union
The Bahraini daily al-Ayam published on Saturday in al-Manama said that the question of the free trade exchange between the Gulf and European groups is on the top agenda of the meeting, noting that it is expected that cooperation in the field of oil and natural gas and energy Gulf-European Union, Economics, 2/26/2001 - Stock market capitalization declines by 16.7% in 2000
Morocco's stock market capitalization reached 114.8 billion DH ($ 13.7 billion) in 2000, which is a decline of 16.7% compared to the previous year, said the monthly newsletter of the Casablanca bourse. Morocco, Economics, 2/26/2001