Arabic News Weekly Edition for Economics, 5/2/2005
Weekly Edition, Economics - Week of May 2, 2005
- Syria endorses free trade zone accord with Turkey Syria-Turkey, Economics, 5/7/2005
- Projects worth $ 620 billion from Riyadh to Washington
Saudi Arabia intends to propose investment projects to the American business sector estimated at a value of $ 620 billion. This will be during a visit by a Saudi trade delegation to the USA today. Saudi Arabia-USA, Economics, 5/7/2005 - Drinking water projects worth LE 501m. in Sinai, New Valley
An official said this year will see an end to a project to implement drinking water projects in Sinai and the New Valley at a capacity of 190,000 cubic meters daily at investments up to LE 501 million. Egypt, Economics, 5/7/2005 - Nuclear energy becoming a must to Morocco
Morocco is now forced to walk the nuclear energy path, though the nuclear option "remains open for the time being, for there is no political decision, yet" on the matter, said Khalid El Mediouri. Morocco, Economics, 5/6/2005 - Trade between Turkey and the Arab states growing fast
Turkey called upon all Arab states Thursday to establish joint projects with her particularly in trade, energy and transport fields. Regional-Turkey, Economics, 5/6/2005 - Syrian Cabinet licenses Bank of Oudeh in Syria Syria, Economics, 5/6/2005
- Over 80% of rural areas to get electricity this year Morocco, Economics, 5/6/2005
- Foreign Trade Council: accompanying measures are crucial for Morocco-US FTA success
Although the Morocco-US Free Trade Agreement (FTA) offers considerable opportunities to Moroccan textile exporters and an outlet to some agricultural produces, accompanying measures are crucial to benefit the most of the accord, believes Mohamed Benayad, head of the National Council for Foreign Trade (CNCE). Morocco-USA, Economics, 5/6/2005 - Countries offers to join Iran gasline
"Russia has offered assistance in building the multi-billion gas pipeline from Iran to India through Pakistan. Russian Ambassador to Pakistan Sergey Peskov said in an interview with 'The News' that Russians are prepared to join the consortium for the construction of the proposed gas pipeline project," the Iranian official news agency reported. Qatar-Iran, Economics, 5/5/2005 - Morocco's cost of oil imports almost double
Morocco's crude oil imports stood at MAD 4 billion in the first quarter of 2005 (nearly US$ 533 million) compared to MAD 2.68 million recorded during the same period in 2004, i.e. up 51%. Morocco, Economics, 5/5/2005 - Moroccan expatriates' remittances up 24.2% in Q1 2005 Morocco, Economics, 5/5/2005
- Women in Business International Forum 2005
The conference, which is held for the first time out of its HQ in London, will give an opportunity for 400 businesswomen and international delegations from all over the world to review women's active role in economy in the interest of the community as a whole. Syria-Regional, Economics, 5/4/2005 - Clashes between gunmen and American forces in Iraq
Armed operations continued and escalated with the taking oath ceremony of the first elected Iraqi government since 50 years. Iraq, Economics, 5/4/2005 - Younis: Egypt's total power capacity hits 20000 megawatts
"The total power capacity in Egypt has hit 20,000 megawatts, "Minister of Electricity Hassan Younis, adding that a strategy has been drawn up for the power sector from 2007-2022. Egypt, Economics, 5/4/2005 - Morocco's trade deficit widens by 32.9% in Jan-March 2005
Morocco's trade deficit widened by 32.9% in the first quarter of 2005, according to the latest figures released by the exchange office. Morocco, Economics, 5/4/2005 - Moroccan cinema to hold a pride of place at Cannes Festival
Moroccan cinema will hold a pride of place at the Cannes Festival on May 14 in the Moroccan cinema day. Morocco, Economics, 5/4/2005 - Energy security requires broad range of sources, U.S. says
Countries should consider a whole range of energy sources when they make their energy security plans, U.S. Secretary of Energy Samuel Bodman says. Regional-USA, Economics, 5/4/2005 - Egyptian natural gas reaches Jordan's houses soon Jordan-Egypt, Economics, 5/3/2005
- Bank of Syria and Overseas in Lattakia launched Syria, Business, 5/3/2005