Arabic News Weekly Edition for Economics, 2/28/2005
Weekly Edition, Economics - Week of February 28, 2005
- Morocco, Senegal sign health and sea transport agreements
Morocco and Senegal signed in Dakar this Thursday a package of cooperation and investment agreements in the sectors of health and sea transport. Morocco-Senegal, Economics, 3/4/2005 - Morocco, China to assess oil opportunities in Morocco
Morocco and China are to assess oil opportunities in the North African country under a Memorandum of Understanding (MoU) signed in Beijing on Thursday between the "Office National des Hydrocarbures et des Mines" (National office of hydrocarbons) (ONHYM) and CNOOC Morocco Ltd, a subsidiary of the China National Offshore Oil Company LTD. Morocco-China, Economics, 3/4/2005 - Syria's production of cotton more than million tones
Syria's production of cotton reached more than one million tones in 2004 with an increase totaling more than 150,000 tones, compared with the year before, Minister of Agriculture said on Thursday. Syria, Economics, 3/4/2005 - $14.975 billion in international reserves Egypt, Economics, 3/4/2005
- Syrian Civil Aviation Establishment buys 7 airbus planes Syria-European Union, Economics, 3/4/2005
- Syria imports olive oil from Palestinian territories
Syria's Ministry of Economy and Trade said on Wednesday it allowed the import of Olive Oil produced in the occupied Arab territories of Palestine. Syria-Palestine, Economics, 3/3/2005 - Mubarak inaugurates giant pumping station
On his trip to the ambitious mega-project of Toshka, in the south of the valley, President Hosni Mubarak gave the signal to inaugurate the operation of the giant Mubarak Water Pump Station's 24 units, one of the largest concrete construction sites in the world, to work with its maximum pumping capacity. Egypt, Economics, 3/3/2005 - Afriquia, SOMEPI seal up 'strategic merger'
Two Moroccan companies of oil products distribution, Afriquia and SOMEPI have sealed up a "strategic merger," it was announced, in Casablanca Wednesday. Morocco, Business, 3/3/2005 - Resignation of the Lebanese government renews pressure on the currency
Pressure renewed on the Lebanese Lira (currency) on Tuesday following the resignation of the government of Omar Karami, suddenly amid people's pressures following the shock resulted from the assassination of the former Lebanese prime minister Rafic Hariri. Lebanon, Economics, 3/2/2005 - Syria to raise per capita real income, economist
Senior Syrian economic official said on Tuesday efforts are exerted to find solutions as to raise Syrians standard living by increasing incomes and improving services quality and quantity. Syria, Economics, 3/2/2005 - Major Moroccan firms woo Western African market, gate to larger market
Moroccan leading companies are wooing the markets of the Economic and Monetary Union of Western Africa (UEMOA) which represents a basis to penetrate the larger market of 100 million inhabitants, the Economic community of West African States (ECOWAS). Morocco-Regional, Economics, 3/2/2005 - Morocco imported $ 2.6 billion of oil in 2004
Morocco's oil imports and supply of oil stood at USD 2.6 billion 2004, i.e. a USD 260 million increase compared to 2003, said Energy and Mining Minister, Mohamed Boutaleb. Morocco, Economics, 3/2/2005 - Moroccan MP calls Germany to convert debts into investments
A Moroccan MP has called Germany to swap Moroccan debts into investments to promote sectors of mutual interests. Morocco-Germany, Economics, 3/1/2005 - Scores of ambitious projects mark Morocco-Senegal partnership
Morocco and Senegal are involved in a series of ambitious economic projects such as Air Segal International (ASI), a road and a maritime ferry linking Tangier to the Senegalese capital, Dakar. Morocco-Senegal, Economics, 3/1/2005 - Qatar Company For Oil, Royal Shell establish Qatar Gaz-4 Qatar, Business, 2/28/2005
- Arab Bank problem in New York is settled
The Jordanian minister of Finance Muhammad Abu Hammour said that the case of the Arab Bank in New York, a branch of the Arab Bank in Jordan, is settled. This was after a difference lasted for more than two months between the bank and US Treasury Department. Jordan-USA, Business, 2/28/2005 - Syrian Commercial Bank to invest its reserves Syria, Business, 2/28/2005