Arabic News Weekly Edition for Economics, 4/11/2005
Weekly Edition, Economics - Week of April 11, 2005
- La Vieeco: Morocco optimistic to discover oil after Mauritania
Morocco is upbeat over discovering oil off-shore after neighbouring Mauritania did, said, in Rabat Friday, Managing Director of the Moroccan Office of Hydrocarbons and Mining (ONHYM), Amina Benkhadra. Morocco, Economics, 4/16/2005 - Syria exerts efforts to protect and boost fishing
A report by SANA warned on Friday against risks and challenges confronting the fishery resources in Syria and the danger of its disappearance from 180 km of Syrian coast line on the Mediterranean. Syria, Economics, 4/16/2005 - Morocco's FTA promotion in US, 'successful', diplomat
Morocco's ambassador to Washington, Aziz Mekouar has described as "successful" the recent tour in the United States by a Moroccan delegation made up of officials and businessmen to promote the free trade agreement (FTA) signed in 2004 between the two countries. Morocco-USA, Economics, 4/15/2005 - Reforms likely to change International Monetary Fund, U.S. says
Reform proposals aimed at making the International Monetary Fund (IMF) better able to face modern financial challenges would substantially change the way the so-called lender of last resort operates, a U.S. Treasury Department official says. Regional-USA, Economics, 4/15/2005 - Arab - Chinese businessmen conference wraps up deliberations
The participants in the Conference of Arab-Chinese Businessmen Cooperation Forum on Thursday stressed at the end of their deliberations the importance of cooperation between the Arab states and China in the field of trade and economy in the interest of both sides. Regional-China, Economics, 4/15/2005 - Egypt, China transport cooperation agreements
Egypt and China signed a number of agreements in the maritime and railway transport domains in Beijing on Tuesday. Egypt-China, Economics, 4/15/2005 - Japanese bank grants Morocco over $ 40 million loan to fund drainage program
The Japanese Bank for International Cooperation (JBIC) has granted the Moroccan office for potable water (ONEP) a loan of MAD 347,4 million (USD 40.8 million) to fund a program of liquid waste disposal. Morocco-Japan, Economics, 4/15/2005 - Over MAD 500m sales for Moroccan highway authority in 2004
The Moroccan Highway Authority (societe nationale des Autoroutes du Maroc -ADM-) achieved a turnover of MAD 562m (Euro 1 = MAD 11.06) in 2004, that is an increase of 14% in comparison to 2003, said Tuesday, ADM Director General. Morocco, Economics, 4/14/2005 - Morocco pleads 'sustainable solution' to illegal emigration
Morocco pleaded Tuesday for a "sustainable solution" to illegal emigration, saying "migration should be addressed in a global and integrated approach" based on openness, cooperation and shared responsibility. Morocco, Economics, 4/14/2005 - Nazif opens new Investment Services Complex
"Egypt enjoys the highest level of stability in the region," said Prime Minister Ahmed Nazif yesterday. He also noted that the political freedoms and reforms the country is implementing are not found on the regional level, being based on "self- solutions and not foreign pressures." Egypt, Economics, 4/13/2005 - Highway accidents decreased 6% in 2004
The number of highway accidents in Moroccan decreased 6% in 2004, totalling 1,493 compared to 1,588 the previous year, according to figures of the "Societe Nationale des Autoroutes du Maroc." Morocco, Economics, 4/13/2005 - New banks to open in Syria Syria, Economics, 4/13/2005
- Arab Trade Program lends Morocco US$ 25 million
The Arab Trade Financing Program (ATFP) lent Morocco US$ 25 million to promote foreign trade, under a convention signed, here Tuesday. Morocco-Regional, Economics, 4/13/2005 - Trade with Russia doubles
A source at the Russian Trade Representation Office in Cairo said yesterday that the volume of trade between Russia and Egypt doubled last year, hitting $834 million. Egypt-Russia, Economics, 4/12/2005 - Nazif: New tax, customs laws to improve investment climate Egypt, Economics, 4/12/2005
- Assahra Al Maghribya: 15 international oil companies prospect currently in Morocco Morocco, Economics, 4/12/2005
- Morocco intends to set up high-speed train service by 2015
Visiting Moroccan Prime Minister, Driss Jettou, announced Saturday that Morocco wants to establish a TGV (French high-speed trade service) by 2015 between Casablanca, Marrakech and Agadir. Morocco-France, Economics, 4/12/2005 - Nazif tackles upping investments of French Credit Agricole Banque in Egypt Egypt-France, Business, 4/11/2005