Arabic News Weekly Edition for Economics, 11/15/2004
Weekly Edition, Economics - Week of November 15, 2004
- Oman celebrates national day: building a modern state
Oman on Thursday celebrated its 34th national day amid a developing progress started since 34 years under the leadership of Sultan Qaboos Bin Said that moved gradually through ambitious developmental plans relying on the Omani citizen as an effective partner and contributor to laying the foundation stones in building a modern state. Oman, Economics, 11/19/2004 - Stock exchange trading hits L.E. 2.3 billion in October Egypt, Economics, 11/18/2004
- First annual conference of the Arab Business Council to be held in Marrakech November 25-26 Regional, Business, 11/18/2004
- Rasheed in Washington for talks on FTA
US Trade Representative Ambassador Robert Zoelick said that his country appreciated the positive steps recently taken by the Egyptian government towards economic reform. Egypt-USA, Economics, 11/18/2004 - 6.8 million tourists visit Egypt from January to October Egypt, Economics, 11/18/2004
- Syrian wheat is internationally competitive
Syrian wheat managed to enjoy a good position at the world trade market facing a strong competition by the American, Australian and Canadian wheat. Wheat production in Syria surpassed by two fold consumption which led to a strategic surplus for export. Syria, Economics, 11/18/2004 - La Presse: EIB keen on working closer with Maghreban private sectors
The European Investment Bank (EIB) is opening two offices in the Tunisian and Moroccan capital cities to be able to work closer with the private sectors of the two Maghreban states Maghreb-European Union, Economics, 11/18/2004 - Sharp decrease in Syria's oil exports expected
Trade sources expected yesterday that Syria's exports of light crude oil for its contractors will be sharply decreased with the beginning of 2005 as a result of production recession from old oil fields. Syria, Economics, 11/17/2004 - Yemen joins the Gulf states banking network
The central bank of Yemen is supervising preparations necessary for Yemen's joining the united banking network of the Arab Gulf states Yemen-Gulf, Economics, 11/17/2004 - Program to modernize 100 factories following cancellation of quota system
The Industry Modernization Center started implementation of a major program to modernize some 100 factories working in textiles and ready-made clothes in a bid to confront foreign competition in a pre-step to cancellation of quota exports system as of 2005, said the center director Selim Al-Talatly. Egypt, Economics, 11/17/2004 - American administration asks the help of congress to invest in Libya Libya-USA, Economics, 11/17/2004
- Cairo proposes new measures for creation of Arab FTZ
Egypt has proposed new measures for the implementation of the Agadir declaration providing for the creation of a free trade zone between Egypt, Jordan, Morocco and Tunisia. Egypt-Regional, Economics, 11/16/2004 - Energy sector has developed in the last decade in Syria
A report by the Syrian Arab News Agency on Sunday said that the electricity sector in Syria has developed during the last decade in a big way due to its role in the process of development and the persisting need for its growth in all domains. Syria, Economics, 11/15/2004 - Qatar increases its natural liquid gas production
Chairman of Qatar's liquid gas company, Faisal al-Sweidi, announced the increase in the amounts of liquid natural gas to exceed expectations at "Qatar Gas 1" following a promotion and modernization operation this year. Qatar, Economics, 11/15/2004 - Egypt scores oil agreements record
Egypt scored a record in the oil agreements concluded with world companies in 2003/2004, totaling 25 agreements that cover a space of 170,000 km to dig 109 oil wells during the concession period, said Minister of petroleum Sameh Fahmy. Egypt, Economics, 11/15/2004 - Arab navigation company gains $ 79 million profits
The United Arab navigation company has attained profits of $ 79 million by the end of September this year in comparison with the profits estimated at $ 40 million for the same period of 2003. Regional, Business, 11/15/2004 - Trade exchange volume increases between Egypt, and Israel Egypt-Israel, Economics, 11/15/2004