Arabic News Weekly Edition for Economics, 12/6/2004
Weekly Edition, Economics - Week of December 6, 2004
- New measures to boost Egyptian trade with USA via Israel
The Egyptian ministry of trade and industry said yesterday that Egypt has chosen 7 positions where industries and exports to the United States can be made according to a trade agreement it will sign with Israel and the USA on December 14. Egypt-USA, Economics, 12/11/2004 - Morocco-Mauritania-Senegal sea line and Tangier-Dakar road to operate next year
A sea line servicing Casablanca, Nouadhibou (Mauritania) and Dakar and a road linking Morocco's northern city of Tangier to Dakar will operate next year, Morocco's ambassador in Sakara Moha Ouali Tagma, announced this Friday. Morocco-Regional, Economics, 12/11/2004 - Nazif to address Shura Council today Egypt, Economics, 12/11/2004
- Maroc Telecom IPO oversubscribed 18 times
The total amount of subscriptions at Maroc Telecom's initial public offer reached 164 billion MAD (over US$ 16 billion), 18 times the amount of the initial offer (9 billion DH or over US$ 900 million), privatisation and finance minister Fathallah Oualalou, announced on Thursday at a press conference. Morocco, Business, 12/10/2004 - Rasheed to visit Saudi Arabia on January 10 Egypt-Saudi Arabia, Economics, 12/10/2004
- Morocco presents wind-generated electricity project for Clean development mechanism
Morocco will present at the 10th conference of parties to the UN framework Convention on climatic Changes, which opened Monday in Buenos Aires, a wind-generated electricity project in the southern Atlantic city of Essaouira, eligible for the Clean Development Mechanism. Morocco, Economics, 12/9/2004 - Morocco, Senegal set to reinforce private sectors' partnership Morocco-Senegal, Economics, 12/9/2004
- The Egyptian move in the African arena
African market is promising as Egypt's exports to COMESA never exceeded the $ 44 million in 1998, but it jumped to $ 267.4 million in 2003. Egypt-Regional, Economics, 12/8/2004 - Moroccan PM starts official visit to India
Moroccan Prime Minister, Driss Jettou, arrived in New Delhi Monday on a three-day official visit, for talks with Indian officials mainly aimed at boosting bilateral trade. Morocco-India, Economics, 12/8/2004 - Egypt, China sign four agreements for power, communications, software cooperation
Egypt and China signed yesterday four agreements for cooperation in power equipment manufacture, communications, software and distance education. Egypt-China, Economics, 12/8/2004 - EC proposes opening negotiations with Morocco on Galileo navigation system
The European Commission on Tuesday proposed negotiating directives to the Council on the conclusion of a cooperation agreement with Morocco on the development of Galileo, a civil satellite navigation system. Morocco-European Union, Economics, 12/8/2004 - Morocco's oil bill rises by 72.9 percent up to October 2004 Morocco, Economics, 12/8/2004
- Abul-Naga: transport major impediment to inter-African trade flow
Minister of International Cooperation Fayza Abul Naga said transport is the major hurdle to increasing the volume of inters- Africa trade. Egypt-Regional, Economics, 12/8/2004 - African countries agree to form federation of African chambers of commerce
The participating countries in the first conference of African chambers of commerce and industry agreed on Tuesday to form a federation grouping all African chambers of commerce. Regional, Economics, 12/8/2004 - Damascus meeting of the Arab Boycott office of Israel
The Damascus-based Arab Office for the Boycott of Israeli ( OABI) focused in its Monday's 73rd Conference on the Israeli infiltration into Iraq and on how to tackle companies that violated regulations of the boycott. Regional-Israel, Economics, 12/7/2004 - Egypt signs QIZ memo of understanding with US, Israel
Egyptian, American and Israeli officials will hold a three- way meeting in Cairo on Dec. 14 to discuss setting up Qualified Industrial Zones (QIZ), MENA learned. Egypt-USA, Economics, 12/7/2004 - Shell invests in billions of dollars in the Qatari gas
The British- Dutch Royal Dutch Shell group announced determination to spend $ 6 billion for establishing a factory to transform gas into a liquid fuel in Qatar. Qatar, Business, 12/7/2004 - Nazif: Egyptian market opens for all investors
Egypt's Prime Minister Ahmed Nazif said that the Egyptian market was open for all local and foreign investors to start business in Egypt without restrictions. Egypt, Economics, 12/6/2004 - French Total company returns back to Damascus
The Syrian minister of oil and mineral resources Ibrahim Haddad disclosed a request asked for by the French Total company to establish a partnership with the Syrian Oil company. Syria-France, Business, 12/6/2004 - Cairo-Ethiopia sign $50 million meat import agreement
Egyptian and Ethiopian companies signed Saturday in Addis Ababa a $50 million agreement to import meat products from Ethiopia, a source at the Egyptian Foreign Ministry said. Egypt-Ethiopia, Economics, 12/6/2004 - Kuwait is to build a port for containers at a cost of $ 1.2 billion
The Kuwaiti minister of public works Bader al-Humeidi said that work in establishing the port which will be held in Bobian islands situated between Iran, Iraq and Kuwait will start by the beginning of 2005. Kuwait, Economics, 12/6/2004 - Doha hosts trade and investment forum to enhance economic cooperation among southern countries
Doha forums for trade and investment was opened yesterday in collaboration with the G-77 countries and China and UNICTAD organization. The conference lasts for two days. Regional-Qatar, Economics, 12/6/2004 - Germany supports wind-generated energy plant in Morocco Morocco-Germany, Economics, 12/6/2004