Arabic News Weekly Edition for Economics, 3/31/2003
Weekly Edition, Economics - Week of March 31, 2003
- Morocco, Egypt to create joint fisheries firm Morocco-Egypt, Economics, 4/4/2003
- RAM airliner reports 32% drop in overall traffic between march 22-28
The overall traffic of Moroccan carrier Royal Air Maroc (RAM) incurred a 32% drop in all destinations between March 22-28, compared to the same period in 2001, said a release from the company. Morocco, Business, 4/4/2003 - Moroccan, French employers unions convene to boost economic ties Morocco-France, Economics, 4/3/2003
- Morocco, Germany want to deepen financial cooperation
The German Ambassador said his country wants to make of Morocco one of its "privileged partners." Morocco-Germany, Economics, 4/3/2003 - Foreign currency reserves $ 500 million up Egypt, Economics, 4/3/2003
- Egypt seeks one billion loan from WB and ADB Egypt, Economics, 4/3/2003
- Egypt's energy sector faces challenges
Egypt's Minister of Petroleum, Sameh Fahmi said the petroleum sector faces challenges to maintain the oil output, increase export of natural gas, achieve surplus in foreign currency, and provide job opportunities. Egypt, Economics, 4/3/2003 - Failure of WTO agricultural negotiations: morocco expresses disappointment of African group
Morocco, chairman of the African Group at the World Trade Organization, expressed in Geneva on Wednesday the Group's disappointment following the failure of WTO's agriculture negotiations, warning against "negative repercussions" on other negotiations. Regional-Morocco, Economics, 4/3/2003 - LE120 million contract to develop small and medium-scale enterprises
The Ministry of Foreign Trade plan that was submitted to the seminar included several proposals for financial services and developing SMEs through greater efficiency of financial institutions, accurate follow-up and evaluation of projects. Egypt, Economics, 4/2/2003 - Torgoman: Cooperation between ESE and CMA a necessity
Sameh El-Torgoman, Head of Egyptian Stock Exchange said the coming period will witness a cooperation between the ESE and the Capital Market Authority (CMA) with the aim of increasing the volume of circulation inside the money market and offering the necessary liquidity Egypt, Economics, 4/2/2003 - Yemeni oil production increase
Yemeni oil exports during January and February this year have reached 285 million dollars in comparison with 180.7 million for the same period of 2002. Yemen, Economics, 4/2/2003 - Economy sustains heavy losses due to US-led aggression
"Egypt's economy has suffered heavy losses estimated at US$15 billion due to the on-going and unjustified US-British aggression against Iraq," economists told opposition newspaper al-Wafd. Egypt-Iraq, Economics, 4/1/2003 - Shura Council approves Egypt-EU association agreement
The Egyptian Shura Council approved yesterday under deputy speaker Abdel-Rahman Faroq the Egypt - EU partnership agreement. Egypt-European Union, Economics, 4/1/2003 - A French group offers L.E. 150 million investments in Egypt
In an important step reflecting the investment abilities of the Egyptian market in luring capital in spite of the current war that highly affecting the world investments movement, one of the international French companies offered I.E. 150 million, I00 of which For increasing the capital of Sinai Cement Company and 50 million for the capital reserve. Egypt-France, Business, 3/31/2003 - Moroccan conglomerate reports 6.6% rise in sales
Moroccan conglomerate (Omnium Nord Africain) reported a consolidated sales of 25.9 billion DH (US$ 2.6 billion) in 2002, posting a 6.6% rise compared to the 2001 sales (24.3 billion). Morocco, Business, 3/31/2003