Arabic News Weekly Edition for Economics, 2/16/2004
Weekly Edition, Economics - Week of February 16, 2004
- Syrian- UAE first tourism forum
Syria's Tourism Minister, Sa'dalla Agha al-Qal'a has stressed Syria's care to deepen the standing relations of cooperation with the UAE in the different domains. United Arab Emirates-Syria, Economics, 2/21/2004 - Egypt's custom duties exemption for imports from EU
The government has decided to put into effect measures to gradually cancel customs duties imposed on industrial commodities imported from the European Union (EU) according to the Egypt-EU partnership Agreement. Egypt-European Union, Economics, 2/21/2004 - Jordanian parliament approves the budget of 2004
The Jordanian parliament on Thursday evening approved the budget for 2004 estimated at 3.738 billion dollars with a deficit of 410 million dollars. Jordan, Economics, 2/21/2004 - Air transport liberalization necessary for the sector's growth, Minister
The liberalization of the Moroccan air transport is necessary to accompany the growth of this sector, said, here Thursday, the Moroccan minister of equipment and Transport who noted that this strategy is part of the kingdom's vision to attract 10 million tourists by the year 2010. Morocco, Economics, 2/21/2004 - Morocco calls for reorganizing markets to the benefit of small farmers
Head of the Moroccan delegation to the 27th annual session of the Governors Council of the Rome-based International Fund of Agricultural Development (IFAD) on Thursday called for re-organizing local markets to help small farmers market their products and reduce the intervention of intermediary subsidiaries. Morocco, Economics, 2/21/2004 - Romania requests purchase of Egyptian natural gas Egypt-Romania, Economics, 2/21/2004
- Morocco airline and African Bank plan to establish air CEMAC
The African Development Bank (ADB) and the Moroccan airline, Royal Air Maroc (RAM), are planning to establish an airline dubbed Air CEMAC within the Central African Economic and Monetary Community (CEMAC), Dakar-based Pan-African news agency "PANA" reported on Friday. Morocco-Regional, Economics, 2/21/2004 - Morocco reached 1,500 new internet subscriptions monthly
Minister of trade, industry and telecommunications, Rachid Talbi Alami, said the IT sector experiences considerable progress in the kingdom, with 1,500 new connections to the internet every month. Morocco, Economics, 2/20/2004 - Maher to sign Agadir agreement Egypt-Regional, Economics, 2/20/2004
- Belgian airline sign code-share agreement with Morocco's RAM Morocco-Belgium, Business, 2/20/2004
- Egypt, Morocco to beef up trade exchange, investments
The Egyptian-Moroccan Chamber of Commerce has called for the acceleration of setting up an Egyptian-Moroccan joint bank to materialize trade exchange volume increase. Egypt-Morocco, Economics, 2/19/2004 - Moroccan exporters complain from heavy transportation costs
Transportation costs reach up to 20% of exports expenses, complained in Casablanca Tuesday president of the Moroccan exporters association (ASMEX), Abdellatif Belmadani, citing other obstacles to exports such as complex procedures, irregular links, the non-respect of deadlines and the weak capacity, mainly in air transport. Morocco, Economics, 2/19/2004 - Syrian- Yemeni oil agreement signed Damascus Syria-Yemen, Economics, 2/19/2004
- Morocco calls for new impetus to inter-Arab trade Morocco-Regional, Economics, 2/19/2004
- Morocco announces 12% drop in external debt, 5.5% increase in growth rate
Moroccan minister of finance and privatization, Fathallah Oualalou, announced Monday that the Moroccan economy has posted in 2003 a 5.5% growth rate, a 1.2% inflation rate and a budget deficit accounting for 3.5% of the GDP. Morocco, Economics, 2/18/2004 - Morocco UAE sign several cooperation agreements
Morocco and the United Arab Emirates (UAE) concluded, in Abu Dhabi on Monday a package of cooperation agreements in various fields, at the end of the third meeting of the two states joint Commission (Feb 14-16). United Arab Emirates-Morocco, Economics, 2/17/2004 - Movenpick hotel chain eyes four or five more hotels in Morocco Morocco-Switzerland, Business, 2/17/2004
- Morocco to set up 'Energy Shops' to help rural entrepreneurs Morocco, Economics, 2/16/2004
- Egypt to provide Lebanon with energy Egypt-Lebanon, Economics, 2/16/2004