Arabic News Weekly Edition for Economics, 8/26/2002
Weekly Edition, Economics - Week of August 26, 2002
- Differences among western oil company regarding Saudi gas projects
The London- based specialized Oil Daily International said that differences erupted among the western companies which were chosen to complete large gas projects in Saudi Arabia, and many of them agreed to the Saudi conditions. Saudi Arabia, Economics, 8/31/2002 - King Mohammed participates in world summit on sustainable development Morocco-Regional, Economics, 8/31/2002
- UN figures show economic crisis leading to 'human catastrophe' in West Bank and Gaza
Releasing the first international economic statistics on the Palestinian economy since Israel reoccupied the West Bank earlier this year, the United Nations reported on Thursday that rising poverty and unemployment could spell a "human catastrophe" for the region. Palestine-Israel, Economics, 8/31/2002 - Chinese premier proposes creation of Moroccan-Chinese joint ventures
Chinese Prime Minister, Zhu Rongji, has proposed the creation of Moroccan-Chinese joint ventures to manufacture in Morocco China-made products destined to be exported to other countries. Morocco-China, Economics, 8/30/2002 - Qatar 's finance and investment conference to be held in London Qatar, Economics, 8/30/2002
- Earth summit: peace and stability necessary for sustainable development, say the Arab states
The Arab group taking part in the Earth Summit held in South Africa August 26-September 04 stressed Monday the importance of peace and stability in sustainable development. Regional, Economics, 8/30/2002 - Number of tourists visiting morocco drop by 13.7% in first half of 2002
The number of foreign tourists in Morocco decreased from 1.2 million in first half of 2001 to 1.03 million in the same period of 2002, scoring a 13.7% decrease, Direction of the Treasury and Foreign Finances said. Morocco, Economics, 8/30/2002 - Morocco, China sign package of agreements
Youssoufi expressed hopes for further cooperation between China and Morocco to make up for the deficit in their commercial exchanges. Morocco-China, Economics, 8/29/2002 - Some 6000 textile employees taught to read Morocco, Economics, 8/29/2002
- Royal Air Maroc Staff to Go on Strike August 29-30 Morocco, Business, 8/29/2002
- German youth delegation rejects visiting Israel, prefers Egypt
A delegation of German youth refused to visit Israel preferring Egypt to implement their voluntary program with participants from 20 European, African, Asian states. Egypt-Germany, Economics, 8/29/2002 - Five new projects including two for oil products, propylene
"The General Authority for Investment and Free Zones (GAFI) yesterday gave its approval for five new investment ventures under the free trade zone and other private system," said Mohammed El-Ghamrawi chairman of the authority. Egypt, Economics, 8/29/2002 - Moroccan economy poised to score steady growth in 2002, minister
Morocco's GDP growth should stand at around 4.5% in 2002, compared to 6.5% in 2001, Oulaalou told the press at a briefing on the country's economic juncture. Morocco, Economics, 8/29/2002 - Nearby agreement between Iraq, Russia
The Iraqi Vice President Taha Yassin Ramadan stressed on Tuesday that his country hopes to sign in the nearby future an agreement on economic cooperation with Russia for five years at a value of 40 billion dollars. Iraq-Russia, Economics, 8/28/2002 - The First Gulf electronic market to be launched in October Gulf, Economics, 8/28/2002
- Arab summit's economic decisions at chambers of commerce meet
The issues to be tackled during the 37th conference of Arab states chambers of commerce, industry and agriculture, to be held in Oman next October, will also be on the agenda, he said. Regional, Economics, 8/28/2002 - Jweili: Joint Arab customs law draft agreement
The secretary general of the Arab economic unity council at the Arab League Ahmad Jweili has announced that the council has already completed drafting the Arab customs law and the agreement that provides for avoiding double taxation and preventing escaping taxes imposed on income and capital. Regional, Economics, 8/27/2002 - Russia - Iraq economic cooperation
The Russian government has described Iran and Iraq as two traditional partners for Russia and that cooperation with them serve the Russian interests, rejecting a link between the economic cooperation program to be signed with Iraq and the possibility of launching a military act against this country by the USA. Iraq-Russia, Economics, 8/27/2002 - Trade exchange between Syria, Iraq
The Iraqi minister of commerce Muhammad Mahdi Saleh has announced that the total volume of trade exchange between Syria and Iraq in the framework of the UN imposed "oil for food" program and the free trade agreement signed between the two states exceed has exceeded 4 billion dollars since 1997. Iraq-Syria, Economics, 8/26/2002 - Syrian customs confiscates boat of smuggled tobacco
The Syrian naval customs on Friday confiscated a boat carrying 238 containers of smuggled foreign tobacco inside the Syrian territorial waters. There were four Lebanese on the board of the boat, who were arrested and brought before the judiciary for trial. Syria, Economics, 8/26/2002 - Al-Itihad: The first Saudi products exhibition in Iraq
Saudi Arabia will organize the first exhibition for its products in Baghdad on September 9 through 13. Iraq-Saudi Arabia, Economics, 8/26/2002