Arabic News Weekly Edition for Economics, 9/2/2002
Weekly Edition, Economics - Week of September 2, 2002
- Syrians allowed 500 US dollars per citizen, annually
The Syrian government has, for the first time, approved permitting selling US dollars to resident Syrians one time per year. Syria, Economics, 9/7/2002 - Ebeid speaks of positive investment atmosphere in Egypt Egypt-Regional, Economics, 9/7/2002
- International Business, Finance Forum in Morocco May 2003 Morocco, Economics, 9/7/2002
- India to resume wheat exports to Iraq
India will resume wheat exports to Iraq by early next month and samples are being readied to be sent to the Grain Board of Iraq (GBI) to be analyzed by the laboratories in Baghdad. Iraq-India, Economics, 9/7/2002 - Arab forum on money laundering fighting in Manama Regional-Bahrain, Economics, 9/7/2002
- Marrakesh Hosts International Information Meeting on WTO Legal System
An international meeting of information on the legal system of the World Trade Organization (WTO) will be held in Marrakesh September 13 with the participation of several WTO experts and Arab states' representatives. Regional, Economics, 9/7/2002 - Morocco's hard currency reserves, expatriates remittances, tourism receipts up
Morocco's hard currency reserves went up from 83.8 billion Dirhams (US$7.98 billion) on July 31, 2001 to 98.94 billion Dirhams (US$ 9.42 billion) on the same date in 2002, scoring a 18.1% rise, the exchange office said. Morocco, Economics, 9/7/2002 - Jordan: releasing an accused man in a Fraud case
A Jordanian judicial source said that the state security court in Jordan decided to release Ayman al-Shamaeylah, the main accused person in the 100 million dollar banks fraud case. Jordan, Economics, 9/6/2002 - Al-Sabeel: Jordan and the Iraqi oil Jordan-Iraq, Economics, 9/5/2002
- Joint natural gas project with Libya and Jordan discussed Egypt-Regional, Economics, 9/5/2002
- Australia to increase investments in Egypt Egypt-Australia, Economics, 9/5/2002
- E-commerce could hit $1.4 trillion, Egypt prepares
Online commerce is certainly not new to world markets. But B2B (business-to-business) transactions, conducted online, are rapidly spreading as an effective and efficient way of conducting business. Egypt, Economics, 9/5/2002 - Plan to market Egyptian cotton in US, Japan
"One of the most challenging obstacles hindering Egyptian cotton exports to these markets is that consumers there are not aware of the high quality of Egyptian cotton; nor can they differentiate it from other cottons", the minister explained. Egypt-Japan, Economics, 9/5/2002 - 12 Countries demand Egyptian natural gas
Egypt's Minister of Petroleum Sameh Fahmi said 12 countries are asking for importing Egyptian natural gas, noting the volume of these demands reached 60 billion cubic metres annually. Egypt, Economics, 9/5/2002 - Moroccan think tank predicts 5.8 pc growth rate in 2003
The CMC said in its latest newsletter that if weather conditions are less constraining in the coming campaign, the agriculture sector will continue its improvement trend and contribute to growth, assessing the evolution of the agriculture sector activity to 14.5 percent in 2003. Morocco, Economics, 9/5/2002 - Saudi Arabia, Libya economic and investment agreements
These include industrial, petrochemical, oil, agricultural, health affairs and the exchange of information relating to scientific researches and technical expertise between the two states as well as forming a joint committee representing Saudi Arabia-Libya, Economics, 9/4/2002 - Mubarak urges rich countries to promote global development
He also emphasised that it was a sad fact that the very little has been achieved along the road of sustainable development in the last decade, especially with dwindling assistance earmarked for this process. Egypt-Regional, Economics, 9/4/2002 - ILO chooses Moroccan textile-garments sector for pilot program on decent work
The program, to be implemented in cooperation between the government and social partners, is meant to help the sector take up the challenges tariff dismantling, competitiveness fostering, social dialogue promotion and competences promotion, in addition to new management and professional ties combining economic efficiency and social responsibility. Morocco, Economics, 9/4/2002 - King Mohammed at World Summit urge canceling debt, not wasting resources
the king in his speech at the opening session of the meeting of Heads of State and Government at the World Summit for Sustainable Development does not exempt the countries of the south in general and African countries in particular from self-examination and from making the best possible use of their riches and resources instead of wasting them in artificial conflicts Morocco-Regional, Economics, 9/3/2002 - New Rules for organizing Stock Exchange Market to be taken
In spite of the measures that have been belatedly taken, reaction in the market was not commensurated with the level expected by experts and officials as pessimism and caution are still characterizing the steps of dealers Egypt, Economics, 9/3/2002 - Jordan and Israel announce project to save Dead Sea
To save the Dead Sea from further shrinkage, Jordan and Israel announced that they were pursuing a $1 billion joint project to pipe water from the Red Sea, says a feature story posted on the website of the World Summit on sustainable development. Jordan-Israel, Economics, 9/3/2002 - E-government, why not a national project
Director of e-government in the ministry of information and communications, Ahmed Darwish, stressed that the project is considered a national project such as Toshka as it is expected to result in 900 thousand working hours Egypt, Economics, 9/3/2002 - Fees canceled on main lines of the Jordanian Aqaba port
Jordanian naval sources said that specialized sides canceled fees at the Jordanian Aqaba port which were imposed following the incidents of September 11 in the USA. Jordan, Economics, 9/3/2002 - South African investors willing to cultivate 60000 Feddans in Toshka Egypt-South Africa, Economics, 9/2/2002
- Ebeid reviews methods of modernizing administration in public enterprises sector
Egypt's Prime Minister Atef Ebeid yesterday held a meeting at which he reviewed methods to modernize administration in companies and factories of the public sector and joint companies in which public funds make part of their capital and private companies. Egypt, Economics, 9/2/2002 - Argentine trade delegation tours Maghreb in october
The four countries' annual imports from Argentina amount to an average of 400 million dollars, i.e. nearly 25 percent of Argentina's overall exports to the Arab states that totalled $1.3 billion in 2001. Argentina's imports from the Arab world were worth $ 100 million during the same year. Maghreb-Argentina, Economics, 9/2/2002 - Egypt website to attract foreign investments
The Arab-German Chamber for Industry and Commerce launced a website to promote foreign investments in Egypt in cooperation with the World Bank's Mega Organization. Egypt, Economics, 9/2/2002 - Suez Canal revenues to hit $ 2.5 billion
Egypt's Suez Canal Chairman Ahmed Ali Fadel expects Suez Canal revenues to rise to about $ 2.5 billion when work is completed to dig branch (kilo 7) that is 23 kilometers long and will be built at a cost of LE. 1.2 billion. Egypt, Economics, 9/2/2002 - Morocco's balance of payments posts a 43.5 billion dh surplus in 2001
Morocco's balance of payments posted a surplus of 43.5 billion Dirhams (nearly 4.14 billion dollars) in 2001. Morocco, Economics, 9/2/2002