Arabic News Weekly Edition for Economics, 1/19/2004
Weekly Edition, Economics - Week of January 19, 2004
- King Mohammed vsits Jabal Ali Port in Dubai
Morocco's King Mohammed VI on his visit to the United Arab Emirates (UAE), visited Friday the port and the free zone of Jabal Ali in Dubai. United Arab Emirates-Morocco, Economics, 1/24/2004 - Morocco's airliner purchases new Boeing 737
Morocco's airliner, Royal Air Maroc (RAM), purchased Wednesday a new Boeing 737 800 and is awaiting delivery of another similar aircraft in mid-February. Morocco-USA, Business, 1/24/2004 - Dubai voices readiness to benefit Morocco of its experience in economy United Arab Emirates-Morocco, Economics, 1/24/2004
- al-Raya: Qatar, Syria for boosting bilateral relations
Syria's Minister of Tourism Saadallah Agha al-Qalaa stressed that the Syrian Qatari relations are developing due to the presence of mutual desire to find work mechanisms that contributes to the achievement of the tourist exchange between the two states. Syria-Qatar, Economics, 1/22/2004 - Iran to provide electricity to Iraq; damages to Iraqi electricity network due to US past actions are $8 billion
Iraq and Iran on Tuesday signed a memorandum of understanding to cooperate in the field of electricity, according to which Tehran gives support to Baghdad to rehabilitate its network and provide it with electrical power. Iraq-Iran, Economics, 1/22/2004 - Moroccan insurance sector achieves $1.3 billion in sales in 2003
The sales of the insurance sector in Morocco increased from 10 billion Dhs (US $1 billion) in 2000 to nearly 13 billion Dhs (US $1.3 billion) in 2003, that is a 30 percent rise, said the Moroccan federation for insurance companies. Morocco, Economics, 1/22/2004 - Piracy shuts down fourteen Moroccan movie theaters in 2003
Fourteen movie theaters were forced to shut down in 2003 because of piracy of films that are subsequently sold at cheap prices, the Moroccan TV channel "2M" reported Tuesday. Morocco, Economics, 1/22/2004 - Senegal calls on Moroccan businessmen to multiply contacts with their Senegalese counterparts, Morocco-Senegal, Economics, 1/22/2004
- WTO Chief Calls Saudi Arabia's Entry into WTO an 'Imminent Reality' Saudi Arabia-Regional, Economics, 1/22/2004
- Turkey, Lebanon to sign free trade agreement
Turkey and Lebanon expressed their will to sign an agreement for free trade between them in order to find a good environment to enhance their bilateral trade and investment ties. Lebanon-Turkey, Economics, 1/21/2004 - Number of victims of Skikda refinery increases
The number of the victims of the large explosion which shook on Monday in the largest oil refinery, in Algeria, in the coastal city of Skikda to the east of the capital Algiers, increased to 20 killed and 74 wounded. Algeria, Business, 1/21/2004 - BP investments in Egypt hit $ 12 billion
Minister of Petroleum Sameh Fahmi said that Egypt has all elements of attraction for investments in oil and natural gas exploration and drilling. Egypt-UK, Business, 1/20/2004 - Morocco's ONHYM and Malaysia's Petronas sign exploration contract
Morocco's "Office National des Hydrocarbures et des Mines" (ONHYM) and Malaysia's Oil Company "Petronas " signed, Monday, an agreement for deepwater exploration offshore Rabat-Sale Hauter Mer area. Morocco-Malaysia, Business, 1/20/2004 - Algeria: 6 killed in gas refinery explosion
The Algerian official TV announced the killing of 6 workers and wounding other 71 in an explosion which took place on Monday evening in a factory for liquification of natural gas in Skikda ( to the east of the capital Algiers ). Algeria, Business, 1/20/2004