Arabic News Weekly Edition for Economics, 11/29/2004
Weekly Edition, Economics - Week of November 29, 2004
- Nazif to open Egyptian-Chinese investment forum
Egypt's Prime Minister Ahmed Nazif opens Sunday the Egyptian-Chinese Investment forum, which aims to enhancing economic cooperation between both countries. Egypt-China, Economics, 12/4/2004 - Iraq aid program largest in USAID history, agency's head says
the estimated $5 billion program includes both immediate and ongoing assistance, and that USAID is supporting the process leading up to elections in January 2005. Iraq-USA, Economics, 12/4/2004 - Informal sector contributes 40 percent to Morocco's GDP
The Informal sector contributes nearly 40 percent to Morocco's GDP, that is the equivalent of 180 billion Dhs (around US $20 billion) per year, stated Morocco's minister in charge of Economic and General Affairs. Morocco, Economics, 12/4/2004 - Silicon Valley enterprises explore Moroccan market
A group of leading US high-tech enterprises and dozens of others from the Silicon Valley are exploring prospects of partnership with Moroccan researchers. Morocco-USA, Economics, 12/3/2004 - 63 trucks loaded with various commodities enter Palestinian territories Egypt-Palestine, Economics, 12/3/2004
- Need to reform local taxation system to attract foreign investments, King
Morocco's King Mohammed VI has announced that reforms will be carried out to modernize the local taxation system that will help, among other things, to attract foreign investments in Morocco. Morocco, Economics, 12/2/2004 - Khedr, Abul Naga to travel to Ethiopia, Mauritania for beef import
Egypt's Minister of Supply and Horne Trade Hassan Khedr said yesterday that the government will sign a number of agreements on importing beef from Ethiopia and Mauritania, in addition to the imported Sudanese beef, in order to meet local market needs. Egypt-Mauritania, Economics, 12/2/2004 - President Hosni Mubarak opens new harbor in eastern Port Said today
Egypt's President Hosni Mubarak opens today the new harbor that was built in eastern Port Said at the cost of nearly LE 1.8 billion. Egypt, Economics, 12/2/2004 - Syria- Norway Oil and Gas Exploration Contract finalized
A contract for the exploration of oil and mineral resources was signed Wednesday between the Syrian Petroleum Company ( SPC) and Norwegian D NOASA and English Dove Energy Oil Companies in the Region Seven. Syria-Norway, Business, 12/2/2004 - New offshore gas discovery reported
Egypt's Minister of Petroleum Sameh Fahmy said yesterday that Egypt has made a new offshore natural gas discovery in its deep Mediterranean waters, about 120 miles off the North Coast. Egypt, Economics, 12/2/2004 - Syrian Commercial Office opened in Milano Syria-Italy, Economics, 12/2/2004
- Suez Canal records highest revenue since its inauguration Egypt, Economics, 12/2/2004
- Syria Canada sign Oil Contract agreement
State-owned Syrian Petroleum Company (S.P.C ) and the Canadian Dublin International Petroleum Company signed a production-sharing contract allowing the Canadian firm to develop two oil fields in the Syrian north eastern city of al-Hasake, Tishreen and Sheikh Mansour fields. Syria-Canada, Business, 12/1/2004 - Maghreb states launch urgent call to EU to help combat locusts
Secretary General of the Maghreb Arab Union (UMA), Habib Boularès, launched, on Tuesday, an urgent call to the European Union (EU) to contribute to the fight of locusts in the Maghreb region. Regional-European Union, Economics, 12/1/2004 - Al-Ahram : Egypt-Spain trade exchange hits $ one billion in 2005 Egypt-Spain, Economics, 12/1/2004
- Moroccan phosphates and Brazilian fertilizers firms mull $ 265 Mln joint venture
Moroccan state-owned phosphates company (OCP) and Brazilian fertilizers company "Bunge fertilizantes" have agreed to start deep studies for the creation of a joint venture. Morocco-Brazil, Business, 12/1/2004 - On the direction of development projects in Syria Syria, Economics, 11/30/2004
- Positive atmosphere prevails on Syria- US money talks
A positive atmosphere has prevailed over the round of talks that took place in Bahrain yesterday between senior Syrian and US financial officials to deal with some pending issues. Syria-Bahrain, Economics, 11/30/2004 - Morocco, Brazil sign cooperation agreements
Visiting King Mohammed VI of Morocco and President Luiz Inacio Lula da Silva of Brazil chaired, on Friday, the signing ceremony of three cooperation agreements. Morocco-Brazil, Economics, 11/29/2004 - Morocco, Portugal sign package of cooperation agreements
Morocco and Portugal signed, on Friday, three cooperation agreements in cultural, financial and economic realms, at the end of the 8th session of their high joint commission that convened under the chairmanship of the two countries' prime ministers Driss Jettou and Pedro Santana Lopez. Morocco-Portugal, Economics, 11/29/2004 - Al-Ahram: Malaysian investments in Egypt hit $1.6 billion
Malaysia's Foreign Minister Syed Hamid Albar called for redressing the Malaysian-Egyptian balance of trade through pushing forward the Egyptian exports to his country whose exports to Egypt scored $ 400 million against imports worth $ 24million. Egypt-Malaysia, Economics, 11/29/2004