Arabic News Weekly Edition for Economics, 12/1/2003
Weekly Edition, Economics - Week of December 1, 2003
- European Union - Syria Cooperation projects Day
head of delegation of the European Commission in Syria, Frank Hesske, explained that these shared interests include guaranteeing peace, stability and prosperity; strengthening the political dialogue, developing economic and financial cooperation, fostering the social, cultural and human dimension. One of the tangible results of these endeavors will be the establishment of a Euro- Mediterranean free trade area by the year 2010. Syria-European Union, Economics, 12/4/2003 - Iraq will increase oil production to two million barrels daily
The Iraqi oil minister Ibrahim Baher al-Aloum said yesterday that Iraq intends to increase its oil exports to two million barrels daily by the end of the first quarter of 2004. Iraq, Economics, 12/4/2003 - Morocco, Spain probe project of permanent link in Gibraltar strait
Morocco and Spain held in Madrid Tuesday the 35th meeting of the joint commission in charge of feasibility studies of the project of a permanent link between the two countries through the Gibraltar strait. Morocco-Spain, Economics, 12/4/2003 - Russian delegation in Russia to study the question of debts Syria-Russia, Economics, 12/4/2003
- Morocco cuts customs duties on soft wheat from 90 to 55% as of december 8th Morocco, Economics, 12/3/2003
- Moroccan airliner receives second Airbus a321 Morocco-France, Business, 12/3/2003
- Two major Moroccan banks merge
The "Banque Commerciale du Maroc" (BCM) and Wafabank, owned by the Kettani family, have decided to merge to form a major financial group, executives of the Kettani group and of the BCM announced here Monday. Morocco, Business, 12/2/2003 - Talks to expand Arab gas line to Turkey to supply European countries
Egypt's Minister of Petroleum Sameh Fahmi said that talks are currently running to expand the Arab gas line to Turkey to become one of the gas veins that supply the European countries. There are projects of gas lines that aim at linking gas between Turkey, Greece and Italy in the frame of future integration and amalgamation between the regional markets of the Balkan and the Mediterranean regions. Egypt-Turkey, Economics, 12/2/2003 - Egypt's electricity exports hit 847 million kilowatts per hour Egypt-Regional, Economics, 12/2/2003
- US company get Syrian oil survey contract
A contract for marine survey in the Syrian regional water was signed in Damascus on Saturday at the Oil and Mineral resources HQ between Syrian Petroleum Company and US Freetas Co. Syria-USA, Business, 12/1/2003 - Egypt gas invests in Nigeria
Egypt Gas, on Sunday signed a memorandum of understanding with a Nigerian company, whereby Egypt will pump gas to the Nigerian city of Lagos at an estimated cost of 200 million dollars, the Egyptian government said. Egypt-Nigeria, Economics, 12/1/2003