Arabic News Weekly Edition for Economics, 4/26/2004
Weekly Edition, Economics - Week of April 26, 2004
- Cabinet to discuss anti-monopoly bill
The cabinet will discuss in its upcoming meeting on Tuesday "under Prime Minister Atef Ebeid the final version of anti-monopoly draft law to be then referred to the People's Assembly and Shura Council. Egypt, Economics, 5/1/2004 - Egypt, Jordan to set up customs- clearance zone in Nuweiba
Egypt and Jordan discussed Friday a proposal to set up a customs-clearance zone at Nuweiba to help accelerate processing of relief aid to Iraq via Jordan's Aqaba port. The proposal was discussed during a meeting on Friday between Minister of Transport Hamdi El Shayeb and his Jordanian counterpart Raid Abul Saud. Egypt-Jordan, Economics, 5/1/2004 - China oil corporation gets offshore oil prospecting licence in Morocco
China Offshore Oil Corporation has obtained an offshore oil drilling licence in Ras Tafeiney, on the southern Atlantic shore, near Agadir. Morocco-China, Economics, 5/1/2004 - Morocco to review law on ownership of public farming land Morocco, Economics, 5/1/2004
- Liaison officers For boycotting Israel, conference wrap up
The Conference also called on the Arab states and parliaments to exert efforts at the European Union to impose taxes on the Israeli products and to suspend the partnership with Israel until it responds to the international resolutions. Regional-Israel, Economics, 4/30/2004 - Two Moroccan banks announce merger
Two Moroccan banks, Banque Commercial du Maroc (BCM), and Wafabank, will formally announce next May 18 a merger that will create a mega bank, the second most important one in the Magreb and the 13th in all of Africa, in terms of assets. Morocco, Business, 4/30/2004 - Investments in Morocco rise by 7.5 percent
Investments conducted in Morocco in 2003 increased by 7.5 percent compared to last year, finance and privatisation minister, Fathallah Oulalou, said Wednesday. Morocco, Economics, 4/30/2004 - Universal Music France opens Morocco branch
Universal Music France has opened a branch in Morocco to produce Moroccan artists and develop new supply and distribution networks, sources at the multinational firm said. Morocco-France, Business, 4/30/2004 - Syrian- Turkish free trade zone agreement to be finalized
The Economic Syrian delegation, chaired by Deputy Minister of Economy and Trade Ghassan Habash, concluded on Wednesday the first session of talks regarding the means of establishing "a free trade zone Agreement " with the Turkish side. Syria-Turkey, Economics, 4/29/2004 - First Arab computer to be manufactured in Egypt
Egypt's Prime Minister Atef Ebeid Wednesday reviewed a plan to manufacture the first Arab computer in Egypt. Egypt, Business, 4/29/2004 - New gas find north of Port Said
The British Petroleum (BP) company announced a new natural gas find in north east Port Said. Egypt, Economics, 4/29/2004 - Arab countries probe inter-arab trade promotion
Means to foster trade exchanges between the Arab states topped a meeting held in Cairo Monday by the inter-Arab trade development commission, an affiliate of the Arab Economic Union Council. Regional, Economics, 4/28/2004 - Up to 90 percent of Moroccan offshore explored by foreign oil companies
Moroccan energy and mining minister, Mohamed Boutaleb said, here Monday, that between 85 and 90 percent of the Moroccan offshore is being explored by international oil companies. Morocco, Economics, 4/28/2004 - NDP : Privatization step to modernizing banking sector Egypt, Economics, 4/28/2004
- Over us $3 bn foreign capital flow in Morocco in 2003 Morocco, Economics, 4/27/2004
- European Union approves large National Financing Plan for Syria
The European Union is providing 53 million Euros to support co-operation actions in Syria, presented in the National Financing Plan for 2004. Four programs are planned focusing on the country's needs for institution building in the financial sector and Syria's municipalities development as well as for vocational education and training reform. In addition, the Tempus program continues, bringing the overall amount of EU assistance to Syria in 2004 to 55 million. Syria-European Union, Economics, 4/26/2004 - 1.4 million feddans for rice this season Egypt, Economics, 4/26/2004