Arabic News Weekly Edition for Economics, 7/19/2004
Weekly Edition, Economics - Week of July 19, 2004
- Economic group probes companies privatization program
The ministerial economic group, formed recently by the Egyptian Cabinet, will probe in its coming meeting the government's full concept of the privatization of the state-owned companies and the financial status of the would-be sold companies. Egypt, Economics, 7/24/2004 - $588 million Mazagan seaside resort project finalized
The Moroccan government and a group of investors signed in Rabat Thursday a convention on the construction of the 5.3 billion Dirham ($588 million) Mazagan seaside resort in El Jadida province. Morocco, Business, 7/24/2004 - FTA will not affect Morocco's ability to preserve public health, Zoellick
US Trade Representative Robert Zoellick has underlined that the "Morocco FTA will not affect that country's ability to take measures necessary to protect public health or to use the WTO solution to import drugs." Morocco-USA, Economics, 7/24/2004 - 25 percent rise of French tourists to Morocco in H1 2004, Official
The number of French tourists in Morocco has increased by 25 percent during the first half of 2004, as compared to the same period last year, said Thursday the National Tourism Office (ONMT) delegate in France. Morocco-France, Economics, 7/24/2004 - Syria asks the EU to help in developing agriculture
Syria's Minister of Agriculture on Thursday called upon the European Commission to extend help to Syria in the field of developing the agricultural sector due to the current climate conditions Syria is passing through. Syria-European Union, Economics, 7/23/2004 - Government earmarks $550-million to eradicate shanty towns
A national program to eradicate shanty towns in Rabat and nearby cities of Sale and Temara, to cost 5 billion Dirhams (around USD 555 million), was presented at a ceremony chaired, on Thursday, by King Mohammed VI of Morocco, who was accompanied by his brother, Prince Moulay Rachid. Morocco, Economics, 7/23/2004 - Poverty rate estimated at 13.7 percent in 2003, Minister
Minister for Social Development, Family and Solidarity, Abderrahim Harouchi, revealed, here Tuesday, that poverty rate in Morocco was estimated at 13.7 percent in 2003. Morocco, Economics, 7/23/2004 - Northern city of Nador to be linked by $250 million railway
The Northeastern city of Nador will be linked for the first time by a railway under a US$ 250 million convention signed, in Nador Tuesday, in presence of Morocco's King Mohammed VI. Morocco, Economics, 7/21/2004 - Egypt's exports surge by L.E. 4.3 billion
According to a recent report released by the Central Agency for Public Mobilization and Statistics (CAPMAS), the aggregate volume of Egyptian exports to world markets reached L.E. 4.3 billion in January 2004, against L.E. 2.9 billion in January 2003. Egypt's total imports soared up to L.E. 6.5 billion in January 2004, compared to L.E. 5.4 billion in January 2003. Egypt, Economics, 7/20/2004 - Syrian - Lebanese memo on civil aviation signed
Syrian and Lebanese transport ministries Monday co-signed a Memo of Understanding to start taking the necessary measures for setting up a joint Air Taxi company in cooperation with the private sector in the two countries. Syria-Lebanon, Economics, 7/20/2004 - Egypt, a regional hub for car industry
In line with Egypt's strategic location as a crossroad to three continents Europe, Africa and Asia, a host of executive measures are currently under way for transforming Egypt into a regional base for car industry and its export in the Middle East. Egypt, Economics, 7/20/2004 - Syrian-Iraqi enhanced banking relations
Syria on Sunday stressed keenness on supporting the Iraqi people in facing the critical circumstances that Iraq is passing through in a way that widely opens the door in front of developing bilateral relations, particularly on the economic level. Syria-Iraq, Economics, 7/19/2004