Arabic News Weekly Edition for Economics, 2/10/2003
Weekly Edition, Economics - Week of February 10, 2003
- World Bank president in Morocco Morocco, Economics, 2/15/2003
- King Mohammed calls for promotion of domestic tourism
The king further underscored that domestic tourism "gives Moroccans an opportunity to discover and be proud of their country with its beautiful sites and a diverse history and culture." Morocco, Economics, 2/15/2003 - King Mohammed spells out strategy to attain ten million tourist/year by 2010
He further cited measures taken by the government to settle legal issues related to land ownership in many tourist resorts, adding that contracts for the development of these projects have been awarded to private companies to ensure speed and efficiency. Morocco, Economics, 2/15/2003 - Egyptian exports to Russia up by 140%
Egyptian exports to the Russian market, though very weak, increased by 140 percent scoring a total of $11.8 million against $4.9 million in 2000, said a report sent to Foreign Trade Minister Youssef Boutros Ghali. Egypt-Russia, Economics, 2/15/2003 - Moroccan-Mauritanian sea resources commission meets Morocco-Mauritania, Economics, 2/15/2003
- Morocco and Spanish local government of Catalunia to sign agriculture agreement
Morocco and the Spanish local government of Catalunia will sign next week an agreement on cooperation in agriculture, during an official visit to Morocco this Feb.17-19 by local minister of agriculture, stockbreeding and fisheries, Josep Grau. Morocco-Spain, Economics, 2/14/2003 - Some 45,000 Israeli companies closed in 2002 Israel, Economics, 2/14/2003
- Morocco and China agree to cooperate in railway infrastructure Morocco-China, Economics, 2/13/2003
- USA launches program for women entrepreneurs
The U.S. embassy in Rabat announced the start of the Middle East Executive Training program (MEET U.S. Program) of Business Development Training for women entrepreneurs and middle managers in Spring 2003. Regional-USA, Economics, 2/13/2003 - War against Iraq pushes Gulf citizens to seek tourism in Lebanon
Tourism industry has been witnessing great turnout in Lebanon because of the flow of the Arab Gulf citizens into Beirut in the hope of having a quiet Eid al-Adha vacation, away from the drums of war, beaten by the USA against their region. Lebanon-Gulf, Economics, 2/12/2003 - Morocco to import 800,000 tons of soft wheat
Morocco has launched a bid to import 800,000 tons of soft wheat to be delivered between April 10 and May 25, says the Moroccan grains and leguminous vegetables office (ONICLE). Morocco, Economics, 2/12/2003 - Arab businessmen federation calls for boosting inter- Arab trade
The federation of the Arab Businessmen has called for the need of taking effective measures to facilitate operations of persons and capital, and also commodity transfer among the Arab states in order to give a strong impetus for the inter- Arab trade and joint investments as measures conducive to the establishment of the common Arab market. Regional, Economics, 2/11/2003 - Moroccan and French car industry sign cooperation agreement
The Moroccan association of car industry and commerce (AMICA) and the French Federation of car distribution unions (FEDA) signed in Marrakesh on Saturday an agreement to exchange technical and marketing information. Morocco-France, Economics, 2/11/2003 - Preparations for Syrian- Egyptian higher committee
Meetings of the Syrian- Egyptian joint higher committee under the chairmanship of the prime ministers in the two states will be held on February 19 and 20 in order to increase trade exchange and economic cooperation and to eliminate obstacles deterring the implementation of signed agreements. Syria-Egypt, Economics, 2/11/2003 - Fashionfact: Fashion designers' promotion center set up in Morocco
A promotion center for young fashion designers will be opened next May in Marrakech in the presence of the three finalists in the 2003 Miss French-speaking Belgium contest, said in Marrakesh last week editor in chief of "fashionfact" magazine, Marc Weidmann. Morocco, Economics, 2/11/2003 - Aujourd'hui le Maroc: Morocco to launch new bid for second telephone license before end of year
Several factors make it difficult for new telecoms firms to operate in Morocco, among them the law 24-96, which bans the use of infrastructure other than the group's own, and a provision that the license might be withdrawn from a faulty contractor, the minister said, deeming it necessary that these laws be amended before liberalization. Morocco, Economics, 2/11/2003 - Head of UN agency warns not to let aid for Palestinians suffer due to focus on Iraq
The head of the United Nations lead agency for Palestinian refugees, Peter Hansen, yesterday appealed to the international community not to let the West Bank and Gaza slide down its list of priorities as the world focuses on a potential conflict in Iraq. Palestine-UN, Economics, 2/11/2003 - Ebeid : plans to convert dollar deposits into local currency mere rumors Egypt, Economics, 2/10/2003