Arabic News Weekly Edition for Economics, 4/14/2003
Weekly Edition, Economics - Week of April 14, 2003
- World Banks extends $ 31.5 million-loan to for Lebanon's historic cities Lebanon, Economics, 4/19/2003
- Egypt-Libya company to fit Libyan cities with Egyptian natural gas
Egypt's Minister of Petroleum, Sameh Fahmi said the coming few months would witness active Egypt-Libya oil cooperation due to putting into effect a number of agreements already signed by the two countries. Egypt-Libya, Economics, 4/19/2003 - Union of Arab trade, industry chambers to meet activate Arab joint market
The Union of Arab chambers of trade, industry and agriculture will meet next May in Manama (Capital of Bahrain) to activate the Arab joint market project and discuss the impact of war in Iraq, the Union's chairman, Khalid Abou Ismail, announced. Regional, Economics, 4/19/2003 - While Nueimi prepares to leave ministry of oil; Axon company gives up Saudi gas project
The executive director of the American Exxon- Mobile company, Lee Raymond, has stressed that his company has given up a project for boosting large investment in the Saudi oil. Saudi Arabia, Economics, 4/19/2003 - Saudi Arabia stops investment in Ethiopia Saudi Arabia-Ethiopia, Economics, 4/19/2003
- Ebeid, Shamekh discuss economic integrity projects between Libya, Egypt
Libya's Leader of the Revolution Colonel Muammar al Qathafi received Egypt's Prime Minister Atef Ebeid during his two-day visit to the Libyan capital for talks on cooperation between the two states as well as political and economic fields. Libya-Egypt, Economics, 4/18/2003 - Islamic trade center, Arab investors club agree to foster cooperation
ICDT and the Club of Arab Investors agreed to create an information center that will explore business opportunities in the Arab and Islamic world. Regional, Economics, 4/18/2003 - US Mosaic Foundation donates us $800.000 to arab micro-credits programs
US Mosaic Foundation disbursed on Wednesday US $800.000 to fund micro-credits programs in Arab states, through the Grameen Foundation USA. Regional-USA, Economics, 4/18/2003 - Saudi tour operators in Morocco shortly
A delegation of ten Saudi tour operators will be visiting Morocco this April 21-27 to learn more on Morocco's tourism assets and commercialize the destination in their country. Saudi Arabia-Morocco, Economics, 4/18/2003 - Banking sector nets $1.1 bln since,Jan Egypt, Economics, 4/18/2003
- Arab trade official praises Mubarak's call for Arab common market Regional, Economics, 4/18/2003
- American resort group short-listed for sea resort project in Morocco
US resort group, Kerzner international, was short-listed to carry out the Mazagan sea resort (near El Jadida) on the Atlantic Ocean. Morocco-USA, Business, 4/18/2003 - Over 44,000 audio tapes and 5,000 cds seized in tangier
The first instance court of Tangiers has ordered the seizure of 44,017 audio tapes and over 5,000 compact disks for non-conformity with the law on intellectual property and copyrights. Morocco, Economics, 4/18/2003 - Inter-Islamic trade under the spotlights
Globalisation leaves no choice to North and West African OIC member countries but to get together for a rational exploitation of their wealth and energies, Moroccan external trade Minister, Mustapha Mechahouri, told participants. Regional, Economics, 4/18/2003 - Morocco unveils plan to develop energy sector
The plan seeks to adapt the energy sector to Morocco's social and economic development, said the minister, adding the strategy revolves around securing energy products supply under any circumstances, revising the tariff system, generalizing electricity, preventing industrial risks and liberalising the sector. Morocco, Economics, 4/18/2003 - Italian credit available for moroccan SMEs
Moroccan Small and Middle-Sized enterprises can benefit from credits from the Italian government to finance up to 100% of their equipment, head of Italy's Investment Promotion Unit (IPU), Serena Massimi, said. Morocco-Italy, Economics, 4/17/2003 - Government at final stage of economic legal reforms
"Amongst the new legislation is a draft law for the capital markets, which aims to develop and activate the stock market and protect the rights of small shareholders," he added. Egypt, Economics, 4/16/2003 - Fisheries Projects Financed by Spain and Japan Dedicated
Several projects, financed by the Japanese International Cooperation Agency (JICA) were dedicated in northern Morocco part of the North African country's drives to develop the sector. Morocco-Japan, Economics, 4/16/2003 - US: WB and IMF process should be completely transparent and accountable
U.S. Treasury Secretary John Snow says that the International Monetary Fund (IMF) and World Bank have "crucial" roles to play in providing humanitarian relief to Iraq and "laying the groundwork" for that country's reconstruction. Regional-USA, Economics, 4/15/2003 - Egypt to promote Internet use by public and government Egypt, Economics, 4/15/2003
- Rapid sea line to be opened between Morocco, Spain Morocco-Spain, Economics, 4/15/2003
- Egyptian exports to India up by 150 per cent
Exports to India rose by 150 per cent in 2002 according to a report of the Egyptian-Indian working group, which was presented to the Minister of Foreign Trade Dr. Youssef Boutros Ghali at a meeting yesterday. Egypt-India, Economics, 4/14/2003 - Morocco's mining sales decreases by 3.4% in 2002
Morocco's mining sector posted a 19.3 billion Dirham (US$ 1.93 billion) sales in 2002, as compares to 19.9 billions (US$ 1.99 billion) the previous year, i.e. a 3.4% decrease, the energy and mining department said in a release. Morocco, Economics, 4/14/2003 - Fisheries office gets i-connection network with regional delegations
Morocco's Fisheries office (ONP) recently had its main offices connected to its 17 regional delegations through a new information system dubbed MAIA. Morocco, Economics, 4/14/2003