Arabic News Weekly Edition for Economics, 4/19/2004
Weekly Edition, Economics - Week of April 19, 2004
- Morocco and Norwegian company sign off-shore oil prospecting deal
Morocco signed this Friday with Norwegian company "Norsk Hydro Produksjon" an agreement under which the company will conduct reconnaissance and evaluation of oil potential offshore Safi, south of Casablanca. Morocco-Norway, Economics, 4/24/2004 - New Syrian dam inaugurated on the Euphrates
Syria on Thursday installed Tishrin Electro-Water Dam over the river of Euphrates in northern Syria to generate 630 megawatt of power. Syria, Economics, 4/23/2004 - Maghreban experts devise medical waste processing guide
A team of north African experts are drawing a guide for the processing of medical waste and a strategy to control contagious diseases in the five Maghreb countries (Algeria, Libya, Mauritania, Morocco and Tunisia). Maghreb, Economics, 4/23/2004 - 60,000 engineers needed to meet international companies demand
Morocco needs to train, in the 10 coming years, 60,000 engineers to meet the growing demand of foreign companies operating in the country, said head of the Rabat Mohammedia Engineers school, Ramdane Khalid. Morocco, Economics, 4/22/2004 - Sameh Fahmi: BP, Petronas willing to purchase Egyptian gas
Egypt's Petroleum Minister Sameh Fahmi said that the oil sector is currently studying proposals by the Malaysian Petronas in cooperation with the Egyptian oil and natural gas exploration company, Tharwa, to prospect for oil in the Mediterranean region. Egypt, Economics, 4/22/2004 - Handicraft contributes 19% to Morocco's GDP
The handicraft sector contributes 19% to the Moroccan GDP and exports of craftsmanship items generate six billion DHs (US$ 666 million) in hard currency, said handicraft and social economy minister, M'hamed El Khalifa. Morocco, Economics, 4/22/2004 - Morocco, Italy probe consolidation of fisheries cooperation
Means to reinforce Morocco-Italian cooperation in fisheries topped talks held in Rabat Tuesday between Moroccan fisheries minister, Tayeb Rhafes, and Italian under-secretary of Agricultural and Forestry Policy Paolo Scarpa. Morocco-Italy, Economics, 4/22/2004 - Over 25 oil prospecting companies operating in Morocco, minister Morocco, Economics, 4/22/2004
- Ebeid chairs consumer protection, anti-monopoly law meeting Egypt, Economics, 4/21/2004
- World Bank forecasts mideast economy to slow after healthy 2003
Middle East economic growth is poised to slow after resisting during the Iraq war to expand at the fastest rate in 12 years in 2003, the World Bank forecast Monday. Regional, Economics, 4/21/2004 - Damascus Refinery Company for petrochemicals inaugurated
In the presence of the Speaker of the Islamic Shura Council ( Parliament ) in Iran Mahdi Karrubi, the first phase of Damascus Refinery Company for Petrochemicals, which is specialized in the mineral oils refinery, was inaugurated in Damascus Countryside on Tuesday. Syria, Economics, 4/21/2004 - Some L.E. 117 million loans for youth to establish small projects
The Social Fund for Development (SFD) allocated L.E.117 million as loans for youth to establish new small project for creating around 13.000 job opportunities. Egypt, Economics, 4/21/2004 - France ready to import Egyptian agricultural products
French Agricultural Minister Herve Gaymard said on Monday France is ready to import Egyptian agricultural products and export them to the other European markets. Egypt-France, Economics, 4/20/2004 - Morocco signs oil exploration agreement with Danish Maersk Oil
Morocco's state-owned hydrocarbons and mining office (ONHYM) signed this Monday with Danish "Maersk Oil" an agreement granting the Danish company eight exploration licences off the Moroccan southern Atlantic shores of Tarfaya for eight years. Morocco-Denmark, Economics, 4/20/2004 - Morocco can save up to one million cubic meter of water per year, expert Morocco, Economics, 4/20/2004