Arabic News Weekly Edition for Economics, 4/8/2002
Weekly Edition, Economics - Week of April 8, 2002
- Iraqi- Algerian talks
The Iraqi government news agency has announced that the Iraqi Vice President Taha Yassin Ramadan discussed with the Algerian foreign minister Abdul Aziz Balkhadem, currently visiting Iraq "the American threats against Iraq and conditions in the occupied territories." Iraq-Algeria, Economics, 4/13/2002 - Moroccan-Dutch businessmen call to up bilateral cooperation
The two parties discussed cooperation and partnership perspectives in the fields of agriculture, processing industries, maritime transport, information technologies, banking and finance. Morocco-Netherlands, Economics, 4/13/2002 - King Mohammed dedicates dam near Agadir
Morocco's King Mohammed VI on Friday dedicated a dam in the commune of Tamri, near the Moroccan southern Atlantic city of Agadir. Morocco, Economics, 4/13/2002 - Private sector rejects all forms of normalization with Tel-Aviv
He said Israel should be isolated completely and full economic sanctions must be imposed on it Egypt-Israel, Economics, 4/13/2002 - US delegation visits Fez
An American delegation, headed by assistant to the US trade representative in charge of Europe and the Mediterranean, Ms. Catherine Novelli, visited Thursday the Moroccan city of Fez, and met economic operators, academics and civil society representatives. Morocco-USA, Economics, 4/13/2002 - UN praises local attempts to promote e-commerce
The Egyptian market is currently conducting trials to promote e-commerce in order to compete with international markets, a UN report said yesterday. Egypt, Economics, 4/13/2002 - Sudanese president confers with UAE investment delegation
Sudanese President Omar Hassan al-Bashir on Tuesday evening received the United Arab Emirates UAE delegation led by the minister of state for financial and industrial affairs Khalfan Bin Kharbash. Sudan-United Arab Emirates, Economics, 4/12/2002 - Washington determined to develop partnership with Morocco, US official
The United States is determined to develop a mutually advantageous partnership with Morocco, said Wednesday Ms. Catherine Novelli, assistant to the US trade Secretary in charge of Europe and the Mediterranean. Morocco-USA, Economics, 4/12/2002 - Hyundai exporting 6,000 cars for handicapped persons to Libya
Hyundai Motor Co. has won an order for 6,000 Verna compact cars for handicapped use in an international bid invited by the Libyan government, the South Korean auto-maker said Thursday. Libya-South Korea, Economics, 4/12/2002 - Moroccan-Indian trade exchanges probed
Means to enhance trade between Morocco and India were probed at a meeting Tuesday in Casablanca with Moroccan and Indian officials attending. Morocco-India, Economics, 4/12/2002 - National mega projects are right on track
Egyptian Minister of irrigation and Water Resources Mahmoud Abu-Zeid denied that the acute currently gripping the Egyptian economy has spilled over onto the country's mega projects Egypt, Economics, 4/12/2002 - Egypt, Britain discuss ways of boosting oil, gas cooperation
Egyptian Prime Minister Atef Ebeid received yesterday visiting executive chairman of the British Petroleum Company. Egypt-UK, Economics, 4/12/2002 - World Bank grant Momorocco two loans worth nearly $ 100 million
The world bank has extended Morocco two loans worth US$ 97.6 million. Morocco, Economics, 4/12/2002 - Morocco takes part in Hamburg economic forum for Africa
Morocco will take part in the 52nd Economic Forum for Africa, to be held Monday in Hamburg (northern Germany), with the participation of Maghreban countries, Sudan, and some 300 German companies. Regional, Economics, 4/12/2002 - Yugoslav business delegation to visit Morocco Morocco-Yugoslavia, Economics, 4/11/2002
- Iraq, Syria sign irrigation agreement Iraq-Syria, Economics, 4/10/2002
- Saudi - German technology cooperation
The second deputy for the Saudi Arabia's prime minister and the minister of defense and aviation on Tuesday in Jeddah met with the German minister of the economy and the technology Verner Moller and members of the accompanying delegation. Saudi Arabia-Germany, Economics, 4/10/2002 - Private sector expected to contribute 75pc of investments in coming 5-year plan
The ministry's current program focuses on increasing the contribution of the private sector in the development process. The sector is expected to contribute 70 to 75 per cent of the investments needed for the coming five-year plan, 2002-2007. Egypt, Economics, 4/10/2002 - Jordan and the Iraqi oil
Jordan has stressed that supplies of the Iraqi oil to it will not be affected by the decision taken by Iraq to stop its oil exports to the world for one month. A decision taken on Monday by Iraq in protest of the flagrant Israeli aggression against the Palestinian people. Jordan-Iraq, Economics, 4/10/2002 - Egypt committed to paying its share in Al Aqsa Intifada funds
Egyptian Finance Minister Hassanein Medhat reaffirmed Egypt's commitment to paying its share in A1 Aqsa and Intifada funds set up by the Amman Arab Summit to support the Palestinian people in the face of Israeli occupation forces. Egypt-Palestine, Economics, 4/10/2002 - Moroccan-Dutch businessmen probe investment opportunities
Dutch businessmen currently visiting Morocco, part of a commercial mission this April 7-12, led by foreign trade minister, Gerrit Ybema, held a series of meetings with Moroccan peers to probe possibilities of partnership. Morocco-Netherlands, Economics, 4/10/2002 - Foreign trade secretary calls businessmen to foster Moroccan-Brazilian partnership
Moroccan secretary of state for foreign trade, Abdelkrim Benatik, called Monday Moroccan and Brazilian businessmen to carry out partnership projects in order to foster bilateral cooperation and take advantage of the two countries' geographic location and trade liberalization. Morocco-Brazil, Economics, 4/10/2002 - Natural gas provides 85% of energy used in power generating
About 50 world companies invest $ 2 billion a year in Egypt whether in prospecting for oil or natural gas, said Sameh Fahmi the Minister of Petroleum Egypt, Economics, 4/10/2002 - King Mohammed appoints new general manager of phosphates company Morocco, Business, 4/9/2002
- Stability makes Morocco an investments hub, Korean official
The political and economic stability Morocco enjoys makes of it a hub of investments in North Africa, said Tuesday Samuel Lee, Director-General of the Korean Trade-Investment Promotion Agency (KOTRA). Morocco-South Korea, Economics, 4/9/2002 - Egypt's tourism minister calls for stronger tourism cooperation with morocco
Egyptian minister of tourism, Mahmoud Al-Baltaji, called Monday in Cairo, Moroccan tourism professionals, especially tour operators, to strengthen cooperation with Egyptian counterparts as part of a global strategy mirroring the two states' excellent relations. Egypt-Morocco, Economics, 4/9/2002 - New Chief for Morocco's Largest Private Holding
Bassim Jai Hokimi will be heading Omnium Nord-Africain (ONA), Morocco's largest private holding, in replacement of Mourad Cherif. Morocco, Business, 4/9/2002 - Ten Arab Petroleum Ministers attend annual Apicorp board meeting
The annual board meeting of the Arab Petroleum Investment Corporation (APICORP), an offshoot of the Organization of Arab Petroleum Exporting Countries (OAPEC), founded in 1975, will kick off Wednesday. Regional, Economics, 4/9/2002 - Iraq, Lebanon sign free trade zone agreement Lebanon-Iraq, Economics, 4/8/2002
- Syria - Iraq irrigation cooperation Iraq-Syria, Economics, 4/8/2002
- The Third Syrian International oil and gas conference, exhibition
The Third Syrian International Oil AND Gas Exhibition " SYROIL 2002" was opened on April 1st in Damascus's International Fair ground, through April 4th, featuring outstanding and extensive exhibition of Oil And Gas equipment and services. Syria, Economics, 4/8/2002 - Export deals to Iraq hit $ 3.8 billion
The volume of Egyptian trade exchange with Iraq till the 11th stage of understanding memo rose to more than $ 3.800 billion. Egypt-Iraq, Economics, 4/8/2002 - Netherlands to set up investment desks in Morocco
The Netherlands decided to create three investment desks to promote commercial relations with Morocco, Dutch minister of foreign trade, Gerrip Ybema, announced on Sunday. Morocco-Netherlands, Economics, 4/8/2002 - UNDP provides emergency assistance to Palestinian territories
UNDP/PAPP will immediately begin to repair essential access roads that have been demolished, damaged and destroyed buildings, downed electricity and telephone lines and uprooted water supply systems. Additionally, urgently needed medical supplies will be purchased and distributed to hospitals and other health care providers. Palestine, Economics, 4/8/2002 - U.S.-Morocco council on trade and investment meets in Rabat
The US-Morocco Council on Trade and Investment will meet April 10-11 to study means to upgrade bilateral cooperation. Morocco-USA, Economics, 4/8/2002 - Moroccan carrier activities recovering since February
The Moroccan carrier company (Royal Air Maroc) said its activity has been recovering since last February after the serious crisis entailed by last September's events. Morocco, Business, 4/8/2002 - Second stage of Toshka's electricity station costs LE 70 million
Egyptian Minister of Electricity and Energy Hassan Younis said the electricity sector is ready to provide the giant-national projects of Toshka and Owainat with power next October. Egypt, Economics, 4/8/2002 - Recession in the Israeli economy
The Israeli exports have lost export opportunities at a cost of more than 2 billion Shekels ( USD 422 million) because of the continued Palestinian Intifada and the deteriorated conditions in the occupied territories. Israel-Palestine, Economics, 4/8/2002