Arabic News Weekly Edition for Economics, 9/1/2003
Weekly Edition, Economics - Week of September 1, 2003
- Efforts to boost Syrian-French Agriculture relations Syria-France, Business, 9/6/2003
- Casablanca region contributes 45% to Moroccan industry's GDP
The Casablanca region contributes with 45% of the Moroccan industry's GDP, generating an added-value of 25 billion DH (around US$ 2.5 billion), says the city's chamber of commerce, industry and services. Morocco, Economics, 9/6/2003 - Al-Assad inaugurates new premises for the 5th Damascus International Fair
Syria's President Bashar al-Assad opened on Wednesday evening the 50th Damascus International Fair "the Golden Jubilee" on the new fair grounds. Syria, Economics, 9/5/2003 - Economic Woman Forum opens in Damascus on Sunday Syria, Economics, 9/5/2003
- Syrian- Tunisian business cooperation Tunisia-Syria, Economics, 9/5/2003
- $ 500 millions surplus in balance of payment for the first time since 1997
Egypt's Prime Minister Atef Ebeid held yesterday a ministerial meeting to review the Cabinet's decision on transfer 75 per cent of the hard currency revenues of the commodity exports and services to the local banks in a bid to bridge the gap between foreign exchange supply and demand. The meeting discussed means of increasing the surplus in balance of payments which for the first time since 1997 scored $ 500 million surplus until last June. Egypt, Economics, 9/4/2003 - Egyptian exports to South Africa up by 21 per cent in 3 months Egypt-South Africa, Economics, 9/4/2003
- US Apache achieves biggest oil find
Egypt's Minister of Petroleum Sameh Fahmy said yesterday, that the Western Desert is witnessing a high activity for prospecting for oil and natural gas as its resources confirm that it is one of the oil richest areas in the 21 century. Egypt, Economics, 9/4/2003 - Brazilian businessmen delegation in Damascus
Syria's Minister of Immigrants Nasser Qadour met in Damascus yesterday a Brazilian businessmen delegation. Syria-Brazil, Economics, 9/4/2003 - Al Ayam: War in Iraq entailed $80 billion in losses for Arab region
With their small economies, the Arab states' losses as a result of war in Iraq reached 80 billion dollars, Bahraini minister of finance and economy, Abdellah Seif, told Bahraini daily Al Ayam. Regional-Iraq, Economics, 9/3/2003 - Arab states loses annual $1.5 billion in brain drain
The Arab states lose 1.5 billion dollars each year in brain drain, according to study published Monday in the Egyptian press Regional, Economics, 9/3/2003 - Morocco, Saudi Arabia set up two-million dollars poultry company
A Moroccan-Saudi poultry farming company was created with an overall $ Two-million investment, the Moroccan-Saudi Business council announced in a release. Saudi Arabia-Morocco, Business, 9/3/2003 - Textile represents 14% of Moroccan industrial output
The textile clothing sector represents 14 percent of the overall industrial production in Morocco with 8 billion Dhs (US $800 million) of added value, i.e. 15 percent of the industrial added value, the trade and industry chamber of Casablanca (CCISC) said. Morocco, Economics, 9/3/2003 - Expatriates remittances rise by 2.4% by end of july, 2003 Morocco, Economics, 9/3/2003
- Damascus seeks to reopen the Iraqi oil line; a stock market in 2004
Syria called yesterday for reopening the line to transport oil from Iraq at a capacity of 200,000 barrels daily that was closed by the American forces in April, while the Syrian Minister of Economy and Foreign Trade Ghassan Rifaee said that Damascus which steps towards implementing large scale economic reforms is planning to establish a stock market next year. Syria-Iraq, Economics, 9/2/2003 - Morocco, Syria set up business council
The Moroccan and Syrian employers federation, respectively the general confederation of Morocco's enterprises (CGEM) and the general union of trade chambers in Syria, set up in Casablanca this Monday a joint business council. Morocco-Syria, Economics, 9/2/2003 - Morocco, Mauritania sign energy and mining agreement Mauritania-Morocco, Economics, 9/2/2003
- No drop of foreign tourists in Morocco after may 16 terrorist attacks
No drop was registered in the number of foreign tourists visiting Morocco despite the terrorist attacks that hit Casablanca last May, noted on Sunday the French radio station (RFI) part of a special program on tourism. Morocco, Economics, 9/2/2003 - Morocco, Saudi Arabia set to up cooperation
He hoped there will be a fruitful cooperation with Moroccan professionals who have an experience in tourism, urging them to invest in mining, software design or in ready-to-wear which is quite developed in Morocco. Morocco-Saudi Arabia, Economics, 9/1/2003 - al-Rai: Jordan freezes 500 million dollars for former Iraqi officials
A Jordanian official source said that Jordan has frozen Iraqi assets estimated at 500 million dollars deposited in Jordanian banks in the names of "Iraqis who follow the former regime," or "in the name of the regime" during the war against Iraq. Jordan-Iraq, Economics, 9/1/2003 - World must act now to provide safe water, further delay entails great risk Ð Annan
With more than 2 million children dying each year from water-borne diseases, United Nations Secretary-General Kofi Annan on Saturday called on the international community to avoid further dangerous delays and move from pledges to action in order to halve by 2015 the proportion of people lacking safe drinking water and sanitation. Regional, Economics, 9/1/2003