Arabic News Weekly Edition for Economics, 7/7/2003
Weekly Edition, Economics - Week of July 7, 2003
- Prime minister sees modernization of public service as key to fulfilling economic aspirations
The prime minister, who made a report on his government's action at the House of Representatives, said the government has devised a comprehensive program meant to lay down the bases of a modern and transparent administration Morocco, Economics, 7/12/2003 - Egypt new strategy to sieze economic opportunities in Africa
Egypt is adopting a new strategy for enhancing economic and trade relations with the African countries, said Sherif Maged adviser to the Egyptian minister of foreign trade for African affairs. Egypt-Regional, Economics, 7/12/2003 - Agadir's festival of popular, nomadic music starts; US jazz musician to join
The first festival of Popular and Nomads Music of the region of Souss (southern Morocco) opened in Agadir (southern Morocco Atlantic city) on Thursday with the participation of some 600 musicians, artists and dancers from Morocco, Mauritania, Mali, America and Europe. Regional-Morocco, Economics, 7/12/2003 - Oliver Stone's Alexander to be shot in Morocco
Oliver Stone's film entitled "Alexander" will be shot as to September 22 in Marrakech, Essaouira and El Jadida (southern Morocco), producers announced. Morocco, Economics, 7/12/2003 - International festival of Mediterranean cinema next september
The international festival of Mediterranean cinema will be held from September 24 through October 1st in the northern town of Tetuan. Morocco, Economics, 7/12/2003 - Syrian- Lebanese insurance industry meet in Beirut Syria-Lebanon, Economics, 7/11/2003
- Mubarak, Abdullah inaugurate gas pipeline on July 27th
Jordanian minister of energy Muhammad al-Bayeynah said yesterday that the Jordanian King Abdullah II and the Egyptian President Hosni Mubarak will inaugurate on July 27th the Jordanian- Egyptian joint gas project between the two cities in Taba in Egypt and Aqaba in Jordan. Jordan-Egypt, Economics, 7/11/2003 - Iraqi resistance intensifies attacks: 4 Americans killed
Iraqi resistance intensified their attacks against the American forces during the past 24 hours and carried out a series of attacks that resulted in killing 4 American soldiers, whereas members of the Iraqi police in Falouja threatened to resign if the occupation units will not leave the city, considering their existence as "constituting a threat on us." Iraq-USA, Economics, 7/11/2003 - Banking fair, Investment prospects in Syria, Banking
Syria's Minister of Economy and Foreign Trade Ghassan Rifaee inaugurated yesterday the First Fair of Banks, Banking Equipment and Free Zones ( Batex 2003 ) at Damascus International Fair's land. Syria, Economics, 7/11/2003 - Bremer asks Congress for 1.2 billion for fixing the oil industry Iraq-USA, Economics, 7/11/2003
- Moroccan airliner, EADS Sogerma services to create overhaul center in marrakech
Moroccan airliner RAM and EADS Sogerma Services, one of the world leaders in commercial and military aircraft maintenance, signed here on Thursday a convention for the opening, as of November 2004, of a regional aircraft overhaul center in Marrakech. Morocco-France, Business, 7/11/2003 - Syrian Jordanian talks on import of cement
Jordanian minister of trade and industry Salah Eddin al-Bashir, received in Amman yesterday a Syrian delegation headed by, Assistant Minister of Supplies and Internal Trade, Aref Haj Yousef, Aref Haj Yousef. Syria-Jordan, Economics, 7/10/2003 - Syria - Turkey joint company to be established
Syria's minister of Industry, Issam al-Zaeem and Chairman of Turkish Gurish Group's Administrative Council, Idrees Yaman Turk signed yesterday in Damascus an understanding memorandum stipulating the establishment of a joint company aiming at renewing and expanding cement, sugar and fertilizers factories. Syria-Turkey, Economics, 7/10/2003 - STMicroelectronics, ONE, Eurinvest group, major investment conventions signed in Rabat
The Moroccan government signed this Wednesday three major investments conventions worth 2.9 billion Dirhams (US$ 306 million) with foreign private companies operating in micro-electronics development and design, natural gas-generated electricity and retail services. Morocco, Business, 7/10/2003 - Government surveys to expose quality of service; 53% satisfied with customs services
Morocco will launch an e-customs system dubbed BADR (Automated Base of Customs Online) to grant users easier access from any internet-connected computer, the Administration of Customs and Indirect Taxes (ADII) said. Morocco, Economics, 7/9/2003 - Biggest natural gas find in Egypt's Western Desert
Apache Corporation Monday said it discovered its most significant find to date in Egypt's western desert. Egypt, Economics, 7/9/2003 - Nissan to help Egypt's role in car manufacture
Prime Minister Atef Ebeid, discussed with Nissan car manufacture executive director, Carlos Ghosn, the domestic manufacture of cars and expansion in this domain at a strategic field. Egypt-Japan, Business, 7/9/2003 - Turkish commerce delegation continues visits to Syria Syria-Turkey, Economics, 7/9/2003
- Saudi final arrangements to join WTO Saudi Arabia, Economics, 7/9/2003
- New telecommunication investments hitting $ 286 million
Egypt's Ministry of Communications and Information Technology (IT) estimated investments of 5 international companies in Egypt in the telecommunications field until the year 2006 at $ 286 million. These investments will provide 884 career opportunities for the fresh graduates. Egypt, Economics, 7/9/2003 - Morocco signs documents related to Eurobond issue
Documents related to the Euros 400 million-worth EuroBond issue, that was launched by Morocco at the end of June in the international financial market, was signed here on Monday by finance and privatization minister, Fathallah Oualalou, and representatives of the BNP Paribas banks and Merrill Lynch, the two lead managers. Morocco, Economics, 7/9/2003 - Government resolved to make of online-administration a development factor, pm
Moroccan prime minister, Driss Jettou, said Monday the government is resolved to make online administration a reality and a factor of development and progress. Morocco, Economics, 7/8/2003 - July 8, 2003 Experts: Arab common market should be accelerated Regional, Economics, 7/8/2003
- Moroccan-Russian fisheries joint committee meets in rabat Morocco-Russia, Economics, 7/8/2003
- Egyptian banks set for applying Basel provisions
Egyt's Governor of the Central Bank of Egypt (CBE) Mahmoud Abul Oyoun said that the banking system sets for applying Basel 2 provisions till the year 2006 pertaining to the capital adequacy rate, appropriations and market hazards. Egypt, Economics, 7/8/2003 - 150M. Euro for second stage of Nubariya power station
The extraordinary meeting of the General Assembly of the Electricity Holding Company Monday approved under Egypt's Minister of Electricity and Energy Hassan Younis an agreement on a loan of 150 million euros offered by the European Investment Bank (EIB) to finance the second stage of the 750-megawatt Nubariya power station project. Egypt-European Union, Economics, 7/8/2003 - Four hydraulic power stations on Nile barrages Egypt, Economics, 7/8/2003
- France is a key market for Moroccan tourism, diplomat
France is still a key market for Moroccan tourism and it was not affected by the tragic events of May 16 in Casablanca, Morocco's ambassador to France, Hassan Abouyoub, told a Paris radio station. Morocco-France, Economics, 7/8/2003 - Morocco's rural electrification to reach 70% in 2004, minister
Electrification of Morocco's rural areas is expected to reach a rate 70% in 2004 when the General Rural Electrification Program (PERG) will have reached its third phase, said minister of energy and mining, Mohammed Boutaleb. Morocco, Economics, 7/8/2003 - Morocco moves to liberalize ports sector, minister
The Moroccan government is planning to liberalize the ports sector, minister of equipment and transport, Karim Ghellab, said Friday. Morocco, Economics, 7/7/2003 - Al-Assad confers with the Mayor of London
Syria's President Bashar al-Assad received on Sunday at Mayor of London city Gavyn Farr Arthur, Governor of London City Carol Blackshaw and an accompanying delegation. Syria-UK, Economics, 7/7/2003 - Turkish governor of Mersin in Aleppo
Aleppo Governor, Osama Adi, received in Aleppo on Saturday Governor of Turkish Mersin, Aref Attala Uglo, and an accompanying economic delegation Syria-Turkey, Economics, 7/7/2003 - EU to sign trade agreement with Middle East states Regional-European Union, Economics, 7/7/2003