Arabic News Weekly Edition for Economics, 7/21/2003
Weekly Edition, Economics - Week of July 21, 2003
- Al Ahram: CBE Governor: $ 2.7 billion of foreign currency since liberalizing the exchange rate
In an exclusive interview with the Central Bank of Egypt Governor (CBE) Mahmoud Abul Enein, Al Ahram discusses the top economic issues that occupy the concern of the Egyptian Public Opinion. Here are some excerpts: Egypt, Economics, 7/26/2003 - Morocco, US to hold 5th round of FTA negotiations in october
Morocco and the United States agreed to hold the 5th round of negotiations for a free trade agreement next October in Morocco, Morocco's delegate-minister of foreign affairs and cooperation and chief negotiator for an FTA with the US, Taieb Fassi Fihri announced Thursday. Morocco-USA, Economics, 7/26/2003 - 600,000 tons natural gas to be exported through Arish-Aqaba pipeline
President Hosni Mubarak and King Abdullah II of Jordan will open on Sunday the Arab gas pipeline which links the Egyptian city of AL Arish to the Jordanian city of AL Aqaba. Egypt-Jordan, Economics, 7/25/2003 - Arab Ministerial Meeting on WTO fifth ministerial meeting
Lebanese Deputy Premier, Issam Fares has stressed that activating the joint Arab work and putting conditions, laws and requirements which serve the Arab states' citizens and interests are the responsibility of all Arabs. Lebanon-Regional, Economics, 7/25/2003 - Arab businessmen, investors union to cooperate for exports upgrade
The Federation of Egyptian Investors Association in new cities decided to join the Arab Businessmen and Investors Union, which comprises private sector representatives from nine Arab states, including Egypt. Regional-Egypt, Business, 7/25/2003 - Egypt sets up first knowledge factory Egypt, Economics, 7/25/2003
- Syrian- Egyptian tourism cooperation Syria-Egypt, Economics, 7/25/2003
- Egypt to dig 200 water wells in Kenya
Nile Basin cooperation was Thursday the focus of talks between Youssef Wali, the Egyptian Deputy Prime Minister and Minister of Agriculture and Land Reclamation and Kenya's Water Resources Minister Martha Karu. Egypt-Kenya, Economics, 7/25/2003 - Africa's development impacted by lack of farm trade reform, UN report
Faltering global talks on farm trade reform and increased United States subsidies for its crop and dairy industries could impede Africa's efforts to achieve the goals of reducing poverty and hunger set by the United Nations Millennium Summit of 2000, according to the latest report of the UN Economic Commission for Africa (ECA). Regional, Economics, 7/25/2003 - Blast-damaged plant of Mohammedia refinery restarts activity
Production unit N. 3 of "la Samir" refinery in Mohammedia (40km north of Casablanca) that was out of order for about 8 months because of a blast that also damaged several other fittings restarted its activities again, la Samir said in a release. Morocco, Business, 7/25/2003 - Al-Watan: Saudi Arabia and the WTO negotiations
The Saudi Arabian daily al-Watan disclosed yesterday the main European demands from Saudi Arabia in order to join the World Trade Organization, which are still pending between the two sides. Saudi Arabia-European Union, Economics, 7/24/2003 - Textiles exhibitions inaugurated in Damascus Syria, Economics, 7/24/2003
- Morocco's water company projects to invest $ 2 billion by 2007
The Moroccan state-owned drinking water company (ONEP) said it is projecting to invest 20 billion DH (US$ 2.1 billion) in its 2003-2007 work plan in order to develop the supply of water resources nationwide. Morocco, Business, 7/24/2003 - Japan donates Morocco $1.8 million to complete fishing village
Japan has donated Morocco 18 million Dirhams (US$ 1.8 million) to complete the second phase of the Sidi Hsain fishing village in the northeastern province of Nador. Morocco-Japan, Economics, 7/24/2003 - Moroccan and US FTA negotiators cite important headway
Moroccan-US negotiations a free trade agreement started in Washington on Monday are making important headway, said Moroccan and US negotiators Morocco-USA, Economics, 7/23/2003 - Gulf products expo opens in Casablanca
The first Gulf Industries and Products Exhibition opened Monday in Casablanca in the presence of Moroccan external trade minister, Mustapha Mechahouri, and UAE minister of economy and trade, Cheikh Fahem Ben Soltane Al Kacemi Morocco-Gulf, Economics, 7/23/2003 - US volunteer corps financial experts in Morocco to promote economic growth
A US delegation of the Financial Services Volunteer Corps (FSVC) visited Morocco this July 13-18 in a mission meant to better target US technical assistance to the Moroccan financial and business sectors. Morocco-USA, Economics, 7/21/2003 - L.E one billion Egypt-China joint investment in Menya-governor Egypt-China, Economics, 7/21/2003
- Egypt-Russia business council plans for upgrade of trade exchange
Egyptian-Russian Business Council members held a meeting yesterday with the Plenipotentiary Minister for Trade Affairs at the Egyptian Embassy in Moscow on the means to upgrade trade exchange between the two countries and increase of the Egyptian exports to Russia. Egypt-Russia, Economics, 7/21/2003 - Second handling company operates in Moroccan airports
A second handling operator will start next January passenger services and luggage and passenger registration activities in Moroccan major airports. Morocco, Business, 7/21/2003