Arabic News Weekly Edition for Economics, 8/11/2003
Weekly Edition, Economics - Week of August 11, 2003
- Egypt, Libya $300 million oil and gas company
Chairman of the General Authority for Investment and Free Zones (GAFI), Mohamed Al-Ghamrawi, held talks with the visiting Libyan trade delegation on easing measures for trade exchange between the two states. Libya-Egypt, Economics, 8/16/2003 - Karkouk's oil exports will not exceed 300,000 barrels
The American army announced yesterday that exports through the oil pipelines from Karkouk oil field in northern Iraq to the Turkish port of Jeihan is estimated between 200 to 300 thousands barrels of oil every day in the first phases. A number which is less that the estimates of Turkish sources which said that the line pumps more than 450,000 barrels every day. Iraq, Economics, 8/15/2003 - Italy to build tourism complex northern Morocco
Italy will build a tourism complex in Assilah (northern Morocco) over a period of three years, said an Italian official in charge of external trade, underlining that his country intends to reinforce its presence in the Moroccan market through the 51 million Euro-worth project. Morocco-Italy, Economics, 8/15/2003 - $ 525 surplus in petroleum hard currency revenues Egypt, Economics, 8/15/2003
- Minister plan to export Egyptian citrus Egypt-Sri Lanka, Economics, 8/15/2003
- China to set up project in North Suez Gulf zone
The Chinese government decided to hold an exhibition of high-tech and pharmaceuticals in Egypt in September 8-25, said the Chinese ambassador in Cairo, Liu Xiao Minq. Egypt-China, Economics, 8/15/2003 - Report on activities between Syria, Lebanon
Lebanese Prime Minister Rafic Hariri was handed in Beirut yesterday a report on the performed works in the framework of cooperation and coordination between Syria and Lebanon by the secretary general of the Syrian - Lebanese higher council, Nasri al-Khouri. Syria-Lebanon, Economics, 8/14/2003 - Syrian- Algerian aviation agreement signed Syria-Algeria, Economics, 8/14/2003
- On Oman's monetary and banking status
Money supply M1 registered a rise of 11.9% to reach RO. 901,3 million at the end of June 2003, compared to RO. 805,7 million during the corresponding period in 2002. Oman, Economics, 8/14/2003 - Egypt- Libya complete elimination of customs fees and restrictions
Egypt and Libya have signed a trade and customs agreement for exempting commodities from all customs fees and removing all customs and non- customs restrictions with the aim to double bilateral trade. Egypt-Libya, Economics, 8/13/2003 - Syrian businesswoman elected member of the Syrian national committee of the International Chamber of Commerce
When asked about her perception of woman's role in the business world, Mrs. Halaby said that "feminism is an element that is often used against women in the Arab Society." She added "a woman is born feminine just as man is born masculine and virile. She does not lose her femininity when she works and she does not have to.." Syria, Business, 8/13/2003 - Oil to be pumped from north Iraq as from today
The American army announced yesterday that it was decided to start pumping oil in the main pipeline for exporting oil from northern Iraq to Turkey today and that the operation will take days before the possibility of resuming exports. Iraq, Economics, 8/13/2003 - Syrian trade delegation to head shortly for Baghdad
News reports said that a Syrian trade and industrial delegation will shortly pay the first official visit to Iraq months after the closure of borders between the two states. Syria-Iraq, Economics, 8/13/2003 - Turkish companies for boosting economic relations in Damascus Syria-Turkey, Economics, 8/13/2003
- Oman - Yemen encourage private sector cooperation
"A working session between Omani-Yemeni businessmen was held at the Oman Chamber of Commerce and Industry (OCCI) Salalah branch today, within the context of the current visit of Hadhrmout Governor to the Sultanate," the official Omani news agency ONA reported. Oman-Yemen, Economics, 8/13/2003 - Indian diplomat: Trade balance in Egypt's favor for first time since 1994
An Indian diplomat said that Egyptian-Indian trade in 2002 posted an increase of 45 % as India's exports to Egypt reached 28.5 % and Egyptian imports grew by 63 %, tilting the trade balance in Egypt's favor for the first time since 1994 by $ 46.25 million. Egypt-India, Economics, 8/12/2003 - president of Croatia in Libya Libya-Croatia, Economics, 8/12/2003
- Gas Pipeline between the Sultanate and UAE to complete in November Oman-United Arab Emirates, Economics, 8/12/2003
- New strategy to capitalize on the large pharmaceutical exports industry
Prime Minister Egypt's Atef Ebeid Sunday presided over a ministerial meeting which was attended by the Ministers of Foreign Trade and Health and representatives of health services, pharmaceutical production and serums at the various government, public and private organizations. Egypt, Economics, 8/11/2003 - Iraqi governor hold economic talks in Syria
Syria’s Minister of Economy and Foreign Trade Ghassan Rifaee, and Iraq's Governor of Nineveh, Ghanem Sultan al-Busso discussed means of activating the commercial, economic, tourist and agricultural exchange between Nineveh and the Syrian sides. Syria-Iraq, Economics, 8/11/2003 - UN agencies and NGOs appeal for $8.63 million to help victims of severe flooding in Sudan
The United Nations and non-governmental agencies in Sudan today appeal for $8.63 million to provide emergency aid to 100,000 flood-affected people in the eastern state of Kassala, and for other flooded areas. Sudan, Economics, 8/11/2003