Arabic News Weekly Edition for Economics, 10/4/2004
Weekly Edition, Economics - Week of October 4, 2004
- Full liberalization of Moroccan economy not on agenda, Official
A full liberalisation of the Moroccan economy "is not on the agenda and even international institutions see that the level of our liberalisation is quite good," said Mohamed Bougroun, director of "l'Office des Changes." Morocco, Economics, 10/9/2004 - European, Gulf tourism to Egypt will not be affected by Taba explosions, Washington warns citizens
The European tourism and aviation companies said on Friday that its work will not be affected as a result of the series of explosions which took place against tourism resorts on the Red Sea in Egypt. Egypt-Regional, Economics, 10/9/2004 - Oil exceeds $ 53 a barrel
Crude oil barrel price registered a new record in New York yesterday of $ 53.25 over fears of Nigeria's exports halt and the production decrease of the American oil in the Mexican Gulf related to the bad weather conditions it experienced recently. Regional, Economics, 10/9/2004 - On the West Jamahiriya gas project Libya-Italy, Economics, 10/9/2004
- Berlyskony, Qathafi inaugurate large gas project
The Italian prime minister Silvio Berlyskony in Tripoli yesterday called during the inauguration of a huge gas pipeline linking the Libyan city of Mleita and the Italian Cecile Island, with the participation of the Libyan leader Muammar al-Qathafi to close the "file of the past considering that this project reflects the picture of friendship between the two countries." Libya-Italy, Economics, 10/8/2004 - Cabinet examines Morocco-U.S. FTA
The Free Trade Agreement (FTA) signed, June 15, between Morocco and the United States, was examined, here Thursday, by the Moroccan Government at the weekly cabinet meeting chaired by Prime Minister Driss Jettou. Morocco-USA, Economics, 10/8/2004 - Arab al-Yom: Syrian-Jordanian Free Trade Zone
" Syrian-Jordanian Free Trade Zone has became the main land port among Syria, Jordan, neighbouring countries and international ports due to the support that the Syrian and Jordanian governments are offering," Director General of the Syrian Jordanian Free Trade Zone Hasan Khairat said Thursday. Syria-Jordan, Economics, 10/8/2004 - Moroccan operators prospect opportunities in Spanish, Portuguese textile sector
The Moroccan Center for Exports Promotion (CMPE) is organizing Thursday a seminar to inform Moroccan operators on opportunities offered in the textile-clothing sector in Spain and Portugal. Morocco-Spain, Economics, 10/8/2004 - New records in oil price: $ 52 for one barrel, increase expected
Oil prices continued increasing in world markets and the price of one oil barrel reached $ 52 in new York for the first time amid fears the investors have for the approaching winter and a reduction in the American storage of intermediate oil products especially heating fuels. Regional, Economics, 10/7/2004 - Qathafi calls on Berliskony to open an Italian- Libyan gas pipeline
Tripoli announced yesterday it had extended an official invitation to the Italian prime minister Silvio Berliskony to take part in the inauguration ceremony due today of a gas transport pipeline from Libya to Italy. Libya-Italy, Economics, 10/7/2004 - Moroccan firms among Arab financial markets top 50
Moroccan firms were rated by "Dow Jones" among the top 50 firms operating in the Arab financial markets. Morocco-Regional, Business, 10/6/2004 - Off-shore gas rig installed in Libya
The rig is for the West (Libya) Gas project, through which 1000 million cupic feet of natural gas would be produced daily Libya, Economics, 10/5/2004 - Fahmi: Egyptian company wins two tenders in Libya, Saudi Arabia
A local oil company has been awarded the tender for a pipeline in Libya. Egypt-Libya, Business, 10/5/2004 - Countries commit to economic progress in Middle East/North Africa
Finance and other economic ministers from the Group of Eight (G8) countries and countries of the Broader Middle East and North Africa (BMENA) committed October 1 to work together to support market-oriented economic reforms in the BMENA. Regional, Economics, 10/4/2004 - Contract to manufacture the first Arab computer in Cairo
The Kuwaiti Khurafi group in Cairo signed with two Korean companies to manufacture the first Arab computer with Arab investments. Egypt-Regional, Economics, 10/4/2004 - Egyptian firms undertake $120 million Libyan power projects
Egyptian firms are currently undertaking executing power projects in Libya at a cost of $120 million to raise electrical tension among the Arab Maghreb states from 220 to 400 and 500 KV in a way that will enable them to launch a linkage with Europe via Spain and Morocco Egypt-Libya, Economics, 10/4/2004 - Snow calls for up to 100 percent debt relief for poor countries
To break the ongoing "lend-and-forgive" cycle that heavily indebted poor countries face, the international community should "significantly" increase grants and debt relief, says U.S. Treasury Secretary John Snow. Morocco-USA, Economics, 10/4/2004 - Egypt's investment, growth face challenges, says WB Egypt, Economics, 10/4/2004
- links of African rail way Libya-Regional, Economics, 10/4/2004
- Egypt, Ethiopia sign contract to manufacture irrigation, drainage equipment
Egypt and Ethiopia signed yesterday in Addis Ababa a partnership contract between the Ethiopian Ministry of Water Resources and Irrigation and the Egyptian Golden Trade company working in irrigation technology in Egypt's Toshka project. Egypt-Ethiopia, Economics, 10/4/2004