Arabic News Weekly Edition for Economics, 6/18/2001
Weekly Edition, Economics - Week of June 18, 2001
- Iraq to resume train trips to Turkey Iraq-Turkey, Economics, 6/24/2001
- LE 122 billion investments to modernize private sector in 10 years
The Egyptian Prime Minister Atef Ebeid on Thursday held a meeting with a group of industrialists on means of upgrading industry according to President Mubarak's directives to live up to the Egyptian-European partnership agreement. Egypt, Economics, 6/24/2001 - Ethiopian- Sudanese oil cooperation
One of the Ethiopian dailies said that Ethiopia intends to import 85% of its oil needs from Sudan as from next year. Sudan-Ethiopia, Economics, 6/24/2001 - Some 5 billion dollars loss of the Palestinians
The Palestinian authority estimated total losses of the Palestinians in various economic areas at more five billion USD. Palestine, Economics, 6/24/2001 - Al-Quds suffers from absence of housing strategy
Since it was occupied by Israel in 1967, the city of Al-Quds (Jerusalem) has been suffering from the absence of a housing strategy which drove over 20,000 Palestinians to live in the city suburbs and deprived them from the status of residents, says a report by general manager of Beit Al-Mal Al-Quds agency. Palestine, Economics, 6/24/2001 - Training programs to improve private sector performance
The Egyptian Center for Management of the Private Sector Development Program will offer a number of courses and workshops to improve the performance of the private sector in Egypt. Egypt, Economics, 6/24/2001 - UN relief agency seeks $77 million to help Palestine refugees
The major United Nations agency providing humanitarian relief to Palestine refugees (UNRWA) launched on Friday an appeal to donors for $77 million needed to bring food, medical supplies and other assistance to people in the West Bank and Gaza. Palestine, Economics, 6/24/2001 - Water and climate council calls for good management of water
The 9th session of the water and climate supreme council, held in Agadir this June 21-22, underscored the need for good management and rational use of water resources. Morocco, Economics, 6/24/2001 - Appeal for Supporting Al-Quds Hospitals
General manager of Beit Al-Mal Al-Quds agency said hospitals in the city of Al Quds need assistance as Israeli insurance companies are boycotting them. Palestine, Economics, 6/24/2001 - King Mohammed chairs 9th session of supreme water and climate council
"Time has come for us to radically change our perception of and attitude regarding water, through the management of the demand of this resource and the rationalization of its consumption" said King Mohammed VI. Morocco, Economics, 6/22/2001 - Syrian- Turkish economic committee discuss boosting cooperation
the minister of the economy Muhammad al-Imadi stressed Syria's desire to develop relations with Turkey, noting the common and varied interests linking the two countries Syria-Turkey, Economics, 6/22/2001 - Moroccan farmers' debts to be alleviated under convention
Morocco's King Mohammed VI, who was accompanied by Prince Moulay Rachid, chaired in Agadir Thursday noon over the signing ceremony of a convention on the alleviation of debts incurred by farmers. Morocco, Economics, 6/22/2001 - French companies raise investment in Egypt
A report released by the general authority' for investment and free zones (GAFI) said the total investments in Egypt worth l.e 126 billion until early 2001 including l.e 96 million for the Egyptian businessmen with a rate of 75%. Egypt, Economics, 6/22/2001 - Moroccan holding invests more than $ 43 million in China
The Moroccan Benjelloun holding has injected 500 million Dirhams (nearly $ 43.47 Million) in a factory in Xi'An, China. Morocco-China, Business, 6/22/2001 - Italian businessmen prospect Moroccan market
A delegation of Italian businessmen is currently visiting Morocco to explore investment and partnership opportunities in the kingdom. Morocco-Italy, Economics, 6/22/2001 - Boeing, Royal Air Maroc and Labinal set up joint venture
Boeing Company, Moroccan carrier Royal Air Maroc and French Labinal Snecma Group announced on Thursday at French Le Bourget aeronautic exhibition they are forming a joint venture in Morocco to manufacture wire bundles. Morocco-USA, Business, 6/22/2001 - USA increases contribution to investment promotion in Morocco Morocco-USA, Economics, 6/22/2001
- Moroccan textile industry holds 4th fair in Barcelona
The Moroccan association of textile and apparel industry held this June 19-21 its 4th fair (VETMA) in Barcelona to promote business relations between Moroccan and Spanish operators and Moroccan products and know-how in Spain. Morocco-Spain, Economics, 6/22/2001 - Moroccan bio-products exporters visit Germany
The delegation will take part in information days on access of biological food (of agricultural and animal origin) to the European market to be held June 24-28. Morocco-Germany, Economics, 6/22/2001 - Jordanian King in Singapore
King Abdullah II of Jordan has announced that he had discussed with the leaders of Singapore on Wednesday the situation in the Middle East and means of expanding economic relations between the two countries. Jordan-Singapore, Economics, 6/21/2001 - An airline between Baghdad and Istanbul
An official woman at the Turkish ( 13 F) company for flights said on Wednesday that the company will organize two trade flights between Istanbul and Baghdad this month, after the consent of the UN, and these flights will be organized regularly if it will prove a success. Iraq-Turkey, Economics, 6/21/2001 - UN food agency teams up with US university to help close digital divide
The United Nations Food and Agriculture Organization (FAO) launched on Wednesday a new initiative to close the digital divide between rich farmers in developed countries and poor rural communities in developing countries through the use of technologies that can increase food production. Regional, Economics, 6/21/2001 - Morocco: World Bank inaugurates new social-oriented strategy with morocco
The World Bank says it is focusing its country assistance strategy with Morocco on the struggle against poverty and unemployment that the Kingdom has firmly engaged but not completely won. Morocco, Economics, 6/20/2001 - Syria achieves a growth rate of 2.5 %
A report published by the Syrian daily Tishreen on Tuesday said that Syria has attained in the year 2000 an economic growth estimated at 2.5%. Syria, Economics, 6/20/2001 - Head of French employers: Morocco boasts considerable assets for foreign investors
Morocco boasts considerable assets for foreign investors, mainly for French enterprises which trust the Moroccan economy's vitality, said Ernest-Antoine Seilliere, head of the French employers association (MEDEF). Morocco-France, Economics, 6/20/2001 - Patten calls for a Mediterranean economic integration
The EU commissioner for foreign affairs Christopher Patten said the non- European Mediterranean states should reinforce their economic integration and to establish regional markets in order to make use of the free zone area with the European Union. Regional-European Union, Economics, 6/20/2001 - Algerian, Swiss oil cooperation
The Swedish group ( ABB ) for advanced technology has announced it had won a contract of a value of $ 70 million to develop an important oil pipeline in Algiers where its completion will take two years. Algeria-Switzerland, Business, 6/20/2001 - Government launches 3rd batch of drought effects-alleviation program Morocco, Economics, 6/20/2001
- Air France minimizes flights to Israel Israel-France, Economics, 6/20/2001
- Al-Assad issues a decree to found a Syrian trade center in Iraq Syria-Iraq, Economics, 6/19/2001
- Economic Unity Council pledges to boost Arab trade levels
The Economic Unity Council vowed to boost inter-Arab trade levels within the coming five years to 20 per cent of the total Arab foreign trade. Regional, Economics, 6/19/2001 - On water issue between Syria and Turkey Syria-Turkey, Economics, 6/19/2001
- Volkswagen branch to open plant in Tangiers free zone
A branch of German Volkswagen car-maker (Automative Wiring Systems Morocco) has purchased a land plot of 43,270 square meters at the Tangiers Free Zone to build a plan to manufacture car electric cables. Morocco-Germany, Business, 6/19/2001 - Moroccan carrier orders four Airbus a321
The Moroccan carrier Royal Air Maroc on Monday signed with the European plane maker Airbus a contract on a firm order for four A321. Morocco, Business, 6/19/2001 - UAE economy and trade minister expected this week in Morocco
The United Arab Emirates minister of economy and finance, Sheih Fahem Ibn Soltane Al-Kacimi, is expected next Thursday in Morocco to dedicate the 2001 Made in UAE-Fair to be held this June 22-25 in Casablanca. United Arab Emirates-Morocco, Economics, 6/18/2001 - A free trade zone between UAE, Iraq
The Iraqi minister of trade Muhammad Mahdi Saleh has stressed that his talks with several officials on Saturday in the United Arab Emirates UAE dealt with the establishment of a free trade area with the UAE and Iraq aiming at UAE exportation of commodities through its ports without customs fees and a licensing to Iraq. Iraq-United Arab Emirates, Economics, 6/18/2001 - Obstacles behind the establishment of the Arab common market
The economist Suleiman al-Munziri at the Arab league has warned against the consequences of the alternative regional economic projects currently proposed to replace the foundation of a united Arab economic entity and the common Arab market. Regional, Economics, 6/18/2001 - Cairo economic summit postponed
Worthy mentioning that the periodical Arab summit which was held in Amman in March of this year approved the convening of an Arab economic summit in Cairo in order to follow up the implementation of the economic resolutions adopted by the Arab summit in Amman. Regional, Economics, 6/18/2001 - Moroccan-Indian business council to meet on june 25 Morocco-India, Economics, 6/18/2001
- Italy to swap us$ 55 million Moroccan debt into investments
An Italian delegation is visiting Morocco to sign this Monday a bilateral agreement to swap a total of US$ 55 million of Moroccan public debt into investments, the Italian embassy announced. Morocco-Italy, Economics, 6/18/2001