Arabic News Weekly Edition for Economics, 5/10/2004
Weekly Edition, Economics - Week of May 10, 2004
- Syria, Iran for boosting industrial cooperation
Syria and Iran on Thursday agreed to launch two joint industrial projects in Syria the first is to establish car manufacturing near Damascus and the second is to produce glass. Syria-Iran, Economics, 5/15/2004 - Al-Assad issues two decrees on increasing salaries Syria, Economics, 5/12/2004
- Morocco's hard currency reserves exceed $12.5 billion by end of march 2004 Morocco, Economics, 5/12/2004
- Italy cancels 20 million Euro debt owed by Morocco
Italy has cancelled 20 million Euros of debts owed by Morocco, announced this Monday Moroccan delegate-minister for foreign affairs and cooperation, Taib Fassi Fihri, following a meeting with an Italian official. Morocco-Italy, Economics, 5/11/2004 - An explosion resulted in a large reduction in oil exports in Basra
Iraqi oil sources announced yesterday that oil exports from al-Basra port were greatly reduced after the blowing up of an oil pipeline to the south of Iraq on Saturday. Iraq, Economics, 5/11/2004 - BMW opens $60 million assembly plant in Egypt
The German BMW automobile company opened on Monday an assembly factory in the 6th of October city. Egypt-Germany, Business, 5/11/2004 - Egypt signs exploration deals with Dutch Shell, Italian company
Egypt signed two new oil exploration deals worth a total of $ 66 million, the Petroleum Minister said. Egypt, Economics, 5/11/2004 - Over 5 pct increase of Moroccan expatriates remittances Morocco, Economics, 5/11/2004