Arabic News Weekly Edition for Economics, 4/28/2003
Weekly Edition, Economics - Week of April 28, 2003
- Apicorp discusses Arab joint petroleum projects
The Arab Petroleum Investment Corporation (APICORP) holds its annual meeting with Minister of Petroleum and Mineral Resources, Ibrahim Hadad attending. Regional, Economics, 5/3/2003 - U.S., Australia to help rebuild Iraq's farm sector
The United States and Australia will jointly help rebuild agricultural production, the food delivery system and the agriculture ministry in Iraq, says J.B. Penn, U.S. under secretary of agriculture for farm and foreign services. Iraq-USA, Economics, 5/3/2003 - Morocco chairs IDB meeting on challenges to WTO ministerial meeting
Morocco chaired in Geneva Wednesday a meeting of the Islamic Development Bank (IDB) on the major challenges and stakes of the coming ministerial meeting of the World Trade Organization (WTO), to be held in Cancun (Mexico). Regional-Morocco, Economics, 5/3/2003 - Arab tourists earned Morocco $260 million in 2002
Arab tourists who visited Morocco in 2002 earned the country's treasury some 2.6 billion Dirhams (US$ 260 million), said Secretary General of the Moroccan Tourism Office (ONMT), Ayachi Aalla. Morocco-Regional, Economics, 5/3/2003 - Vivendi international contemplates greater participation in Morocco's phone operator Morocco, Business, 5/2/2003
- Okaz: Arab GNP decline by USD 100 billion annually
The secretary general of the Arab economic unity council Ahmad Jweili stressed yesterday that the Arab economy has been exposed to a frightening and strong shock because of the American military occupation of Iraq. Regional, Economics, 5/1/2003 - Libyan- Algerian economic cooperation
The assistant secretary for production affairs at the Libyan people's general committee, al-Baghdadi Ali al-Mahmoudi, and al-Hashimi Ja'boub, the Algerian minister of industry signed on Wednesday evening in Tripoli the Algerian- Libyan joint minutes of meeting on cooperation between the two states in various economic fields especially in the areas of mineral industries. Libya-Algeria, Economics, 5/1/2003 - EU grants Morocco us $69 mln for structural adjustment of transport sector Morocco-European Union, Economics, 5/1/2003
- World bank grants $95 mln loan to Algeria to fight rural poverty
WASHINGTON, Apr.30 (MAP)- The World Bank approved on Tuesday a US$95 million loan to Algeria to generate employment in low-income rural areas northwest and north-central Algeria, the WB announces in a release. Algeria, Economics, 5/1/2003 - Morocco proposes ministerial conference on agricultural negotiations
Morocco on Wednesday proposed the holding next June of a ministerial conference of the World Trade Organisation (WTO), exclusively devoted to multilateral agricultural negotiations, part of the Doha Cycle. Morocco-Regional, Economics, 5/1/2003 - Syrian premier confers with Gul on economic relations
Syria's Prime Minister Muhammad Mustafa Miro received today Turkish Deputy Premier and Foreign Minister Abdullah Gul and an accompanying delegation. Syria-Turkey, Economics, 4/30/2003 - UAE for boosting economic cooperation with France
Sheikh Mohammed Bin Rashid Al-Maktoum, Dubai's crown prince and the UAE defense minister, who is also the minister of finance and industry in the United Arab Emirates UAE discussed with the delegation representing the French- UAE friendship society led by parliament member Allan Marso cooperation relations between the UAE and France in various trade, industrial, economic and cultural fields. United Arab Emirates-France, Economics, 4/30/2003 - Morocco lay out new strategy to attract Arab tourists
A new strategy was adopted to attract Arab tourists to Morocco, particularly from the Gulf states, the Moroccan national office of tourism (ONMT) announced Monday at a seminar held in Rabat. Morocco-Regional, Economics, 4/30/2003 - Syrian Cabinet approves three private banks Syria, Economics, 4/30/2003
- New Syrian company for gas dealing founded Syria, Economics, 4/30/2003
- Inauguration of the internet prepaid system
Ali bin Masoud al-Sinaidi, Oman's commerce and industry undersecretary at the Commerce and Industry Ministry presided at the Omani International Exhibitions Center today over a celebration marking the launch of the prepaid internet card service. Oman, Business, 4/30/2003 - CBE governor discuss new banking system
Egypt's Prime Minister Atef Ebeid yesterday met with commercial bank directors and the governor of the Central Bank of Egypt (CBE), Dr. Mahmoud Abul-Oyoun, to study banking system development mechanisms. Egypt, Economics, 4/30/2003 - IEA energy ministers vow to combat oil supply disruptions
The International Energy Agency (IEA) says its member countries stand ready to counter any disruptions of oil supplies through the "judicious" use of emergency oil stocks, demand restraint and other measures. Regional-USA, Economics, 4/30/2003 - U.S. explains international hydrogen initiative
U.S. Secretary of Energy Spencer Abraham has called for an international partnership aimed at advancing research on and development of hydrogen energy technologies. Regional-USA, Economics, 4/30/2003 - Morocco earnestly committed to fighting computer pirating
Morocco is earnestly committed to fighting software pirating and is one of the most active countries in this realm, said Tuesday spokesperson of the North Africa Association of Business Software Association (BSA) software editors. Morocco, Economics, 4/30/2003 - IMF experts see rise in Moroccan currency over long period
The real value of the Moroccan currency, Dirham, rose by 21 percent between January 1991 and March 2001, mainly due to the heavy weight of the Dollar in Morocco's reference basket, said experts of the International Monetary Fund (IMF). Morocco, Economics, 4/30/2003 - Muscat signs agreement for oil exploration in its waters Oman, Economics, 4/29/2003
- Egyptian trade delegation in Khartoum for economic integration talks
An Egyptian trade delegation started a visit to Sudan for putting into effect economic integration between the two states, Egypt said. Egypt-Sudan, Economics, 4/28/2003