Arabic News Weekly Edition for Economics, 2/24/2003
Weekly Edition, Economics - Week of February 24, 2003
- Walid Bin Talal made best Arab investor of 2002
Saudi Arabia's Prince Al Walid Bin Talal Al Saoud, President of the governing board of the Saudi Group Kingdom Holding Co., was awarded Wednesday the Prize of Best Arab investor for 2002. Saudi Arabia-Regional, Business, 2/28/2003 - Lack of political will behind weak level of inter-Arab investments, IDB chairman
Chairman of the Islamic Development Bank, Ahmad Mohamed Ali-Madani, said on Monday that the weak level of inter-Arab investments was due to "a lack of political will." Regional, Economics, 2/27/2003 - An economist draws unfavorable picture for Arab economics
An economist has stressed that the Arab economies, despite huge oil resources, suffer a structural weakness and a negative growth, a high unemployment rate and a deterioration in public finance. Regional, Economics, 2/27/2003 - 125 billion to be invested in water related projects
Drinking water and sewage systems will receive investment of LE 125 billion up to 2017, in order to increase water production to 30 million cubic metres per day and the daily sewage system capacity to 25 million cubic metres. Egypt, Economics, 2/27/2003 - Moroccan-Egypt fisheries commission meets Egypt-Morocco, Economics, 2/26/2003
- Morocco holds trade event in Guinea
A Morocco trade week is currently held in the Guinean capital city of Conakry with a dozen Moroccan exporting enterprises attending. Morocco-Guinea, Economics, 2/26/2003 - Standard And Poor raises ratings outlook for Morocco to stable
Standard And Poor Ratings Services on Friday said it raised its ratings outlook for Morocco. Morocco, Economics, 2/26/2003 - Egypt gives vacant land to citizens
The African Water Ministers Council meetings held last week in Cairo asserted the importance of boosting cooperation among African countries to realize African water security. Egypt, Economics, 2/25/2003 - Baghdad: war will obstruct trade agreements with the Arab states
The Iraqi trade minister Muhammad Mahdi Saleh has added a new dimension for the risks of any American war against Iraq, when he indicated yesterday the possibility that war will result in canceling all trade agreements finalized by Baghdad with the Arab states. Iraq-Regional, Economics, 2/25/2003 - Russian companies to help rehabilitate Syrian tire factory Syria-Russia, Business, 2/25/2003
- LE. 13 billion to build 7 new powers stations
Egypt's Minister of Electricity and Energy Hassan Younis recently affirmed that the Ministry's strategy during the forthcoming period will depend on self-finance in building the new power-generating stations in addition to the grants and easy loans. Egypt, Economics, 2/25/2003 - Morocco, Turkey probe free trade Morocco-Turkey, Economics, 2/24/2003
- Syrian, Greek cooperation agreements signed
Syrian Minister of Transport Makram Obeid discussed yesterday in Damascus with the Greece Deputy Foreign Minister Andreas Lofyrdores and an accompanying economic delegation means of activating the bilateral relations in the different fields of transport. Syria-Greece, Economics, 2/24/2003 - Syrian- Indian industrial cooperation
Syria's Industry Minister, Issam Al-Zaim, reviewed in Damascus on Saturday with an Indian delegation representing Kirloscar group of engineering and mechanical industries, chaired by Ra'oul Kirloscar, the possibility of cooperation in developing tractors manufacturing of small tractors. Syria-India, Economics, 2/24/2003