Arabic News Weekly Edition for Economics, 10/6/2003
Weekly Edition, Economics - Week of October 6, 2003
- Rebuilding Iraq to take more than 4 years; World Bank: oil decisive in ensuring funds
The report expected that its statements depends on the situation inside Iraq in remark to the security and political condition as the estimates were made before the escalation of attacks against the occupation forces and were completed just a short time of a deteriorated security condition. For that reason, the report expected the needed time to execute the projects is longer than the period estimated at four years. Iraq, Economics, 10/11/2003 - Some 90 Italian companies to showcase their products in Morocco
Some ninety Italian companies operating in construction, electro-mechanics, textile, vocational training and telecommunications will participate, here next December 4-7, in the first Italian exhibition of the northern Italy region of Emilia Romagna. Morocco-Italy, Economics, 10/11/2003 - Morocco's trade deficit worsens by 18.3% by end of august 2003
During the period January-August 2003, Morocco's trade deficit worsened by 18.3% as compared to the same period last year, the exchange office said. Morocco, Economics, 10/11/2003 - Syrian - Malaysian communications agreement signed Syria-Malaysia, Economics, 10/11/2003
- Morocco, Ghana sign cooperation agreement in fisheries Morocco-Ghana, Economics, 10/11/2003
- Microcredit aids poor, especially women, UN envoy for developing countries says
The top United Nations advocate for poor countries said today that microcredit programmes are the most effective way to aid in development, particularly for impoverished women, and urged Member States to contribute to the funds that supply the money that backs the loans. Regional, Economics, 10/10/2003 - Egyptian subsidies to essential commodities Egypt, Economics, 10/10/2003
- Moroccan highway tolls exceed $ 40 million in 2002
Moroccan highway tolls reached in 2002 400 million DH (over US$ 40 million), increasing by 26% compared to the amount paid in 2001, says the state-owned company of Morocco's highways (ADM). Morocco, Economics, 10/10/2003 - U.S. issues new $20 bill featuring color, added security
The newly designed U.S. $20 bill went into circulation October 9, featuring subtle background colors and other new security features that aim to thwart potential counterfeiters. Regional-USA, Economics, 10/10/2003 - Iraqi minister to carry out Asian tour
Iraq's minister of commerce Ali Allawi will tour several Asian cities covering Japan, Korea, Malaysia, Singapore and Australia in order to gather international support for the rebuilding Iraq programs and to "acquaint governments of these countries and their business people on the requirements of the programs for rebuilding Iraq and the opportunities provided by the Iraqi economy for their economic activists." Iraq-Regional, Economics, 10/9/2003 - Hewlett Packard's CEO sees huge economic potential in Arab states
But I think he would also ask why there is so little cooperation in the land that taught the world what it knows about cooperation. Why is so much closed in a land that taught the world what it means to have an open society? Why do we have 22 separate Arab nations with their own rules and systems and barriers, when the rest of the world took its example and created prosperous trading blocs? Regional-USA, Economics, 10/9/2003 - Morocco, Turkey initial FTA agreement
Morocco and Turkey initialed a free trade agreement (FTA) that will boost bilateral trade and economic relations, the Moroccan external trade ministry said in a release. Morocco-Turkey, Economics, 10/9/2003 - Oman exempts Palestinian goods from customs tax
"The Sultanate has decided to exempt Palestinian products and commodities from customs duties and allowing import of Palestinian goods without any restrictions on their types or quantities," Oman's News Agency reported yesterday. Oman-Palestine, Economics, 10/9/2003 - Moroccan government to support farmers for 2003-2004 agricultural campaign
The Moroccan agriculture ministry announced this Wednesday a series of measures to support farmers in the 2003-2004 campaign and relaunch the drought-stricken agricultural sector. Morocco, Economics, 10/9/2003 - Syrian -Italian chambers of commerce meetings Syria-Italy, Economics, 10/9/2003
- Morocco mulls fresh initiatives to promote housing
Moroccan prime minister, Driss Jettou, unveiled here Monday a train of initiatives to promote the housing sector, take up the challenge of social housing and fight unhealthy housing. Morocco, Economics, 10/8/2003 - Two gas liquefaction plants for North Sinai
Egypt's Minister of Petroleum Sameh Fahmi yesterday gave the go -ahead for two natural gas liquefaction plants in North Sinai. Egypt, Economics, 10/8/2003 - Choice of Morocco location for Alexander the Great due to many reasons, oliver stone
The choice of Morocco as a shooting location for "Alexander the Great" was due to many reasons, most importantly Morocco's substantial help in addition to its geographical diversity, British director Oliver Stone said here Monday. Morocco, Economics, 10/8/2003 - French electric and optic connectors group to open plant in Morocco
French group "Souriau," a world leader in developing, making and marketing of electric and optic connectors for industrial and aeronautics companies will open on October 16 an assembling plant in the Tangiers Free Zone (northern Morocco). Morocco-France, Business, 10/8/2003 - Morocco's hard currency reserves up
Morocco's reserves of hard currency increased by 17.2% by the end of August 2003, in comparison with the beginning of the year, according to the exchange office's latest figures. Morocco, Economics, 10/8/2003 - Egypt-India industrial cooperation consolidated Egypt-India, Economics, 10/7/2003
- Morocco seeks fruitful partnership with Lithuania (minister) Morocco-European Union, Economics, 10/7/2003
- Egypt's extremely low exports to Russia double Egypt-Russia, Economics, 10/7/2003
- Professionals hold textile and apparel fair
The Moroccan association of textile and apparel industries (AMITH) is holding this October 13-18 a week-long fair simultaneously in Marrakesh and Casablanca. Morocco, Economics, 10/7/2003 - Iraq introduces new Dinar currency
The Iraqi Central Bank on Saturday issued a new Iraqi currency which will be put into circulation on October 15th. Iraq, Economics, 10/6/2003 - Syrian- Egyptian oil cooperation Egypt-Syria, Economics, 10/6/2003