Arabic News Weekly Edition for Economics, 10/18/2004
Weekly Edition, Economics - Week of October 18, 2004
- OPEC calls on oil producers to increase production
Chairman of the Organization of Petroleum Exporting countries OPEC demanded on Thursday the oil producing countries to increase their oil production before the falls of winter in order to meet the increasing demands. Regional, Economics, 10/23/2004 - Al-Ghadban: losses of attacks against the oil sector toll $ 7 billion
The Iraqi oil minister Thamer al-Ghadban announced that the attacks which target the oil sector in Iraq cost the country losses estimated at $ 7 billion since March 2003 which witnessed the American invasion of Iraq, besides that these attacks obstruct meeting the requirements of exportation and the local market. Iraq, Economics, 10/23/2004 - Rural tourism a major development focus in Morocco, official
Rural tourism in Morocco "has become a major development focus to enable the rural world benefit of the large tourist poles of the country," said Moroccan tourism ministry Secretary General, Hassan Kacimi, noting that some of tourism revenues are used "to protect nature," for environment preservation is key to sustainable development of countryside tourism. Morocco, Economics, 10/23/2004 - Economic group discusses tomorrow tax draft, custom duties
The economic ministerial group will meet this week under Egypt's Prime Minister Ahmed Nazif to discuss reports on upgrading the national economic performance, pushing forward investments, taming prices and the new tax draft law. Egypt, Economics, 10/23/2004 - Mohieddien: Some state-owned companies for sale Egypt, Economics, 10/23/2004
- Moroccan-Mauritanian fisheries coordination in international market focus of joint commission
The Moroccan-Mauritanian joint commission on fisheries held a meeting, in Nouakchott Sunday, to discuss the coordination of the two countries' action in sea products marketing to face international challenges. Mauritania-Morocco, Economics, 10/19/2004 - Oil price registers a new record before receding
Oil price registered a new high record on Monday exceeding $ 55 for one barrel, coupled with a standard increase of heating fuels price and fears of the lack of supplies in winter. Regional, Economics, 10/19/2004 - Egypt enters world natural gas exporters club
Minister of Petroleum Sameh Fahmy highlighted that Egypt's oil sector has succeeded in joining the world natural gas exporters club despite the international challenges, atop of which are the major world discoveries, big reserves and difficult access to the world markets. Egypt, Economics, 10/19/2004 - Iraqi government stresses that the attacks obstruct plans to increase oil production
The Iraqi oil minister Thamer al-Ghadban admitted that the attacks which target oil industry will delay the government's plan to increase oil production. Iraq, Economics, 10/18/2004