Arabic News Weekly Edition for Economics, 4/25/2005
Weekly Edition, Economics - Week of April 25, 2005
- $ 9.9 billion, the deficit of the Egyptian budget Egypt, Economics, 4/30/2005
- Chalabi vows to ensure flow of Iraqi oil exports
Ahmad Chalabi who assumes the works of the Iraqi oil ministry in addition of the post of the deputy premier in the new Iraqi government announced to work for ensuring the flow of exports and to execute contracts finalized by the previous government. Iraq, Economics, 4/30/2005 - Kuwaiti and Saudi businessmen upbeat over tourist investment in syria
Kuwaiti businessmen who took part recently at the gathering held in Syria to encourage tourist investments, voiced satisfaction over investment atmosphere, saying it is full of big facilities and encouraging impulse. Syria-Gulf, Economics, 4/30/2005 - Electricity demand is expected to reach 10 % in Syria
The EU grant of EURO 11 million to Syria to boost the electrical energy sector was due to the increased demand on electricity that equaled 9 percent annually during the last ten years and is expected to increase by 9,5 % and 10 % in the future, a report to SANA said yesterday. Syria, Economics, 4/30/2005 - Cabinet approves L.E. 187 billion state budget
The Egyptian Cabinet late on Wednesday approved a state budget proposal as well as the tentative investment plan for the FY 2005-2006, Cabinet Spokesman Magdi Radi said. Egypt, Economics, 4/29/2005 - Iran-India-China gas pipeline idea
"China's Ambassador to India, Sun Yuxi here Thursday said as far as the extension of the Iran-India gas pipeline to China is concerned, Beijing does not have any political problem with it, finding it a very good idea," the Iranian official news agency IRNA reported today. Iran-India, Economics, 4/29/2005 - Renault increases share in SOMACA capital to 54%
The French car group, Renault, increased its share in the capital of the Moroccan car-assembling company (SOMACA) from 34% to 54% for a value estimated at 4.5 million Euros. Morocco-France, Business, 4/29/2005 - Egypt to be major gas exporter by 2006 Egypt, Economics, 4/28/2005
- FTAs place Morocco within global economy, Minister
The conclusion of Free Trade Agreements (FTA) with the United States and with Turkey evidences Morocco's continued efforts to integrate global economy, said Tuesday, Moroccan Minister-Delegate of Foreign Affairs and Cooperation, Taib Fassi Fihri. Morocco, Economics, 4/28/2005 - Decrease in oil prices after Bush - Abdullah talks
Oil prices decreased in delayed dealings on Tuesday following the Saudi- American talks over means to keep the prices stable and the announcement made by Riyadh to that it will provide buyers with their needs of oil in addition to continuing technical sales operations. Saudi Arabia-Regional, Economics, 4/27/2005 - Pakistan - Iran gas line gets attentions
Local media on Wednesday quoted Pakistan's High Commissioner to Britain, Maleeha Lodhi as saying that the proposed multi-billion dollar gas pipeline from Iran to India via Pakistan would promote peace in the region, besides economic benefits, IRNA reported. Iran-India, Economics, 4/27/2005 - Water situation in syria: report
Syria's Minister of Irrigation Nader al-Bunni on Tuesday said Syria faces water shortage that ranges between 3 to 4 billions cubic meters ( bcm ) annually, but if "the country makes use of our share in the Euphrates River and other coastal rivers, we will indemnify that decrease." Syria, Economics, 4/27/2005 - Mohammed Shiwi: Cotton export contracts 2.610 million kantars, earn $ 243 million
Egyptian cotton export contracts to 32 countries reached 2.610 million kantars of various grades, earning some $243 million up till the end of last week, the 31st week of the export season. Egypt, Economics, 4/27/2005 - Syrian- Saudi Arabia transport cooperation
Syria's Minister of Transport Makram Obeid and members of the Syrian-Saudi businessmen Council Monday discussed means of activating Saudi role in investment projects in the field of transport in Syria. Syria-Saudi Arabia, Economics, 4/27/2005 - Creation of Moroccan-Algerian Chamber of Commerce
The Moroccan Federation of the Chambers of Commerce, Industry and Services and its Algerian peer signed, in Algiers Sunday, an agreement to create a joint Moroccan-Algerian Chamber of Commerce. Algeria-Morocco, Economics, 4/26/2005 - Saudi investor: Syria fit for investment
Saudi investor, Prince Waleed Bin Talal on Monday said his future investments in Syria would not be affected by any political pressure on her, but they will increase regardless of those pressures. Saudi Arabia-Syria, Economics, 4/26/2005 - Syrian-Saudi Arabian Business Council meets in Damascus Syria-Saudi Arabia, Economics, 4/25/2005