Arabic News Weekly Edition for Economics, 5/31/2004
Weekly Edition, Economics - Week of May 31, 2004
- Vegetal oil sector slowing down, four years after liberalization
Four years after its liberalization, the sector of vegetal oil is slowing down, with only giant companies managing to survive while the sector comprised 108 production units before 2000, says specialized magazine "Alimentarius." Morocco, Economics, 6/5/2004 - Libya resumes oil exports to the USA
The US under trade secretary William Lash announced on Thursday in Tripoli the resumption of the exportation of the Libyan oil to the USA and talked about discussions for Libya's purchase of Boeing planes. Libya-USA, Economics, 6/5/2004 - Syrian efforts to join OPEC
Syria on Thursday said it supports the policy of the Organization of Petroleum Exporting Countries OPEC and hoped to join the Organization soon. Syria-Regional, Economics, 6/5/2004 - Morocco denies disagreement over purchase by Vivendi of Maroc Telecom capital share
Morocco's finance and privatization minister, Fathallah Oualalou, denied Wednesday, an alleged disagreement between the Moroccan government and French "Vivendi" group over the latter's plan to buy 16% of Maroc-Telecom capital. Morocco-France, Business, 6/5/2004 - Morocco conducts one of world's most important solar energy programs, electricity office chairman
Morocco is carrying out one of the world's most important solar-generated electricity programs that will supply this form of electricity to 150,000 households by 2007, said, this Thursday, Ahmed Nekkouch, general director of the Moroccan state-owned electricity office (ONE). Morocco, Economics, 6/5/2004 - Syria continues measures in boycotting Israel Syria-Israel, Economics, 6/5/2004
- Morocco, Iran to promote agriculture, fisheries cooperation Morocco-Iran, Economics, 6/5/2004
- Morocco to increase share of solar energy in rural electrification
Moroccan Energy and Mining Minister, Mohamed Boutaleb, said Tuesday, the share of solar energy in the rural electrification program currently accounts for over 3 percent and will be increased to reach 8 or 10 percent by 2007-08. Morocco, Economics, 6/3/2004 - Finance minister: Morocco's Dirham currently stable, solid
Morocco's Minister of finance and privatisation, Fathallah Oulaalou, said Tuesday the national currency is currently "stable and solid." Morocco, Economics, 6/3/2004 - Three-bank Consortium to float Maroc Telecom stake
A group of banks composed of US Merill Lynch, French BNP-Paribas Corporate Finance and Attijari finances Corp were chosen to float a stake in the state-owned Maroc Telecom, the Ministry of Finance and Privatization said in a release. Morocco, Business, 6/3/2004 - Ebeid: Egypt's economy capable of scoring 5 % growth rate Egypt, Economics, 6/3/2004
- RAM pilots strike: transport minister says solution lies in dialogue
Moroccan minister of equipment and transport, Karim Ghellab, said only dialogue can solve the conflict between the pilots of the national carrier, Royal Air Maroc (RAM), currently on strike, and the company's administration. Morocco, Business, 6/3/2004 - World Cup 2010 Projects to be implemented, Official Morocco, Economics, 6/3/2004
- Arab economic entity emerges as a top-notch demand
According to analysts latest assessments, the volatile and crucial developments on the regional arena would virtually impose intractable burdens on the Arab states' economies in terms of deepening slackness, growing financial difficulties, low rate of investment and shrinking demand on products and services. Regional, Economics, 6/2/2004 - Consumer rights further boosted in Egypt
Consumer rights have growing global concern that has gained momentum since the establishment of the International Organization for Standardization (ISO) in 1947, aiming at providing correct information about consumer products. Egypt, Economics, 6/2/2004 - Mubarak's visit to Romania, Russia gains momentum
President Hosni Mubarak's recent visit to Romania and Russia reflected Egypt's keenness to maintain regular contacts and build bridges of cooperation with the outside wor1d, given the political weight and huge economic potentials of these two countries. Egypt, Economics, 6/2/2004 - Egypt calls on Arab states for cooperating to develop postal services Egypt-Regional, Economics, 6/2/2004
- Petroleum Minister: Natural gas liquefaction project in Damietta
"The liquified natural gas project, which will be set up in Damietta to export gas to Spain, would be inaugurated in November," said Sameh Fahmy, Egypt's Petroleum Minister. Egypt-Spain, Economics, 6/1/2004 - Egyptian, Qatari businessmen agree to activate trade cooperation
Egyptian and Qatari businessmen agreed Monday to boost trade and investment cooperation and launch more joint ventures. The two sides agreed in a meeting between the visiting Egyptian business delegation and Qatar's Chamber of Trade and Industry (CTI), that both countries enjoy great untapped potentials that can be fairly harnessed. Egypt-Qatar, Economics, 6/1/2004