Arabic News Weekly Edition for Economics, 6/2/2003
Weekly Edition, Economics - Week of June 2, 2003
- Morocco woos expats for real estate investment Morocco, Economics, 6/4/2003
- Motorola wins a contract at USD 15.8 million in Iraq Iraq-USA, Business, 6/4/2003
- Arab banks hold international congress in montreal
The Union of Arab Banks (UAB), comprising nearly 300 banks and institutions from more than 20 countries, will hold its international congress in Montreal June 25-26 on "banking in a different world." Regional, Economics, 6/4/2003 - Moroccan bank launches international transactions online
The Moroccan Bank for Commerce and Industry (BMCI) launched in collaboration with French BNP Parisbas bank, Morocco's first portal to conduct international trade transactions, announced BMCI on Tuesday. Morocco, Business, 6/4/2003 - French-Spanish group buys 80% of Morocco's tobacco company
The bid made by "Altadis," a leading European tobacco manufacturer and selle Morocco-France, Business, 6/3/2003 - Al-Assad's wife inaugurates UNRWA's Loans program
The small business loans program was inaugurated in Damascus on Sunday with the attendance of Syria's First Lady, Asmaa Al-Assad. Syria, Economics, 6/2/2003 - Devon signs production sharing agreement in Syria
Devon Energy on May 31 in Oklahoma city announced that it has entered into an agreement to explore for oil and natural gas in Syria. Syria-USA, Business, 6/2/2003 - Gulfsands petroleum signs production sharing agreement in syria
Gulfsands Petroleum Ltd. announced on May 31 in Houston, Texas, that it had entered into a Production Sharing Agreement to explore for oil and natural gas in Syria. Gulfsands Petroleum and its partner, Devon Energy entered into the Agreement covering Block 26 in northeastern Syria with the Syrian Government and the Syrian Petroleum Company ("SPC"). Gulfsands Petroleum has a 20 percent participating interest while Devon Energy holds an 80 percent participating interest and is the operator. Syria-USA, Business, 6/2/2003 - New petrochemicals complex in northern Delta Egypt, Economics, 6/2/2003