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Arabic News Weekly Edition for Economics, 5/16/2005

Originally published

Weekly Edition, Economics - Week of May 16, 2005

  • Woman in Business International Forum convened today
    Woman in Business International Forum starts activity today under the patronage of Syria's First Lady Asma al-Assad. About 200 women from 27 Arab and foreign countries including 450 Syrian business women in addition to international well known politicians will participate in the forum, which is held for the first time outside Britain, due to its importance. Syria-Regional, Business, 5/21/2005
  • Shell Syria general manager Campbell Keir
    Shell has a policy worldwide to promote diversity. This policy is to encourage interaction in the workplace of Shell world, said Shell Syria general manger Campbell Keir in a statement to Arabicnews on Shell's Syria sponsoring of the currently a big event in Syria -- the International Forum on Women in Business held on May 21- 22. Syria, Business, 5/21/2005
  • Bouto in Damascus to attend women in business forum
    Former Pakistani Prime Minister said on Friday the Syrian woman is playing an important role in the society and she is now aspiring to make use of the chance available in field of business marketing locally and internationally. Syria-Pakistan, Business, 5/21/2005
  • Mrs. Hissa al-Sabah arrived in Damascus
    Chairperson of the Arab Businesswomen Council, Sheikha Hissa al-Sabah has expressed confidence that the Woman In Business International Forum which is scheduled to be held Saturday in Damascus will be a success with the presence of prominent and important personalities. Syria-Regional, Business, 5/21/2005
  • Syrian industrialist for improving production quality
    "We are committed to do all what we can to improve the quality of the Syrian product and its matching with the international standards in addition we will exert a genuine contribution to boost the national economy," Dibse said. Syria, Economics, 5/21/2005
  • Morocco, Algeria trade exchanges drop by 6.8pc
    Trade exchanges between Morocco and Algeria dropped from MAD 1.9 billion (USD 223 millions) in 2003 to MAD 1.77 billion (USD 208 millions) in 2004, i.e a regression of 6.8pc. Morocco-Algeria, Economics, 5/21/2005
  • Fahmi to visit China next June for oil projects cooperation Egypt-China, Economics, 5/21/2005
  • Call for reviving the private economic sector
    Minister of Economy and Trade, Amer Loutfi has said that Syria is working to build a competitive free economy with strong participation of the private sector. Syria, Economics, 5/20/2005
  • Telecommunications sector, keystone to Arab regional complemntarity, minister
    Telecommunications sector is keystone to the Arab regional complementarity, said Thursday, Morocco's Minister-Delegate to the Prime Minister in charge of General and Economic Affairs, Rachid Talbi Alami. Regional, Economics, 5/20/2005
  • World Bank approves four-year CAS for Morocco
    The World Bank (WB) Executive Board unanimously approved Thursday the new Country Assistance Strategy (CAS) with Morocco for the period 2005-2009, said a press release of the bank. Morocco, Economics, 5/20/2005
  • Kuwait to invest $ 4 billion in developing transport sector
    The first bids for these projects will be in July when companies working in Kuwait will submit bids for al-Sebyah road projects which will be carried out at three phases Kuwait, Economics, 5/19/2005
  • State's Wayne sees economic growth potential in middle east
    Given the proper economic environment, the wealth of human and productive resources in the countries of the Middle East and North Africa could generate dramatic economic growth over the next decade, according to US Assistant Secretary of State E. Anthony Wayne. Regional-USA, Economics, 5/19/2005
  • Amr Salama: Egypt, Ukraine cooperation to manfacture two satellites
    Egypt's Minister of Higher Education and Scientific Research, Amr Salama, said yesterday that the Egyptian space programme is proceeding according to schedule in cooperation with the National Space Agency of Ukraine. Egypt-Ukraine, Economics, 5/19/2005
  • Fahmi: First liquefied natural gas consignment exported toUS tomorrow
    The first consignment of the liquefied natural gas (LNG) will be exported tomorrow to US from Edko, Egypt. Egypt, Economics, 5/19/2005
  • Khulud Halaby: WIB to create intellectual, social and economic interaction
    The Syrian woman has won considerable rights that enabled her to be on equal footing with man in all ways of life. A manifestation of this fact is mirrored in convening the International Women in Business WIB Forum to be held in Damascus on May 20-22. Syria-Regional, Business, 5/18/2005
  • Al-Nueimi: No shortage in oil supplies
    The Saudi minister of oil Ali al-Nueimi said that the capacity for the crude oil production can be increased in several areas of the world should oil prices remain between $ 30 and 40 for one barrel. Saudi Arabia, Economics, 5/18/2005
  • US calls Saudi Arabia a moderating force in oil trade
    Tight oil supplies and high oil prices constitute a global challenge that requires a global solution, U.S. Energy Secretary Samuel Bodman says. Regional-USA, Economics, 5/18/2005
  • Four foreign banks compete to buy an Egyptian bank
    The International Bank of Egypt announced on Monday that a list of banks eligible for buying Bank Shares was prepared. Egypt, Business, 5/18/2005
  • Morocco, UAE launch $ 2bn project to develop Oued Bouregreg valley
    Morocco and the United Arab Emirates (UAE) signed, here Tuesday, a draft accord to launch USD 2 billion-worth "Amwaj" project in Oued Bouregreg valley that separates the capital Rabat from millennium-old Sale. Morocco-United Arab Emirates, Economics, 5/18/2005
  • Industry congress in syria to develop national industry, today
    More than 500 Syrian industrialists form the private sector are going to gather tomorrow in Damascus in the first industrial conference Syria is hosting to develop national industry and to discuss effect of Syrian-EU partnership on Syrian industry. Syria, Economics, 5/18/2005
  • Essaouira, first Moroccan city to become slum-free
    The Atlantic city of Essaouira has become the first Moroccan slum-free city, after the last shanty town was destroyed and its inhabitants relocated in modern flats. Morocco, Economics, 5/18/2005
  • Egyptian-Brazilian fertilizers petrochemicals projects
    Chief of the Egyptian-Brazilian Businessmen Council Ashraf Al-Atal said yesterday that investors from the two countries decided to set up joint projects to produce fertilizers, petrochemicals and equipment to meet needs of the local market and export to foreign markets. Egypt-Brazil, Economics, 5/18/2005
  • People's Assembly to study a report on stock markets Syria, Economics, 5/18/2005
  • International Women in Business Forum
    Founder of Businesswomen Assembly in Britain, Sulaiman Ahmad, said holding the International Women in Business Forum in Damascus 20-22 May reflects the great development of the Syrian businesswomen's role who proved high dynamism. Syria-Regional, Business, 5/17/2005
  • China to reduce textile exports to Morocco, Minister
    China has set up several measures aiming to self-regulate and limit its exports of textile products, said Monday visiting Chinese vice-minister for Commerce Yu Guangzhou. Morocco-China, Economics, 5/17/2005
  • Qatar Oil and ExxonMobil found a petrochemical project
    The Qatari Oil company and the American ExxonMobil have initialed an agreement for the establishment of a petrochemical factory at a cost of 2 billion dollars in Raas Laffan industrial city in Qatar. Qatar-USA, Business, 5/17/2005
  • On International Woman in Business Forum Syria, Business, 5/17/2005
  • Nadia Zein: WIB forum is an occasion to encourage investors, partnerships
    The Damascus International Women in Business WiB Forum to be held on May 22 through 22 will be a meeting place for considerable number of Syrian- Arab and foreign business women to put their business experiences together for common interests. Syria-Regional, Economics, 5/16/2005
  • 160 foreign oil and gas companies in conference in Egypt
    Egypt's Minister of Petroleum Sameh Fahmi will open tomorrow activities of the 2nd International Petroleum Conference organized by some Egyptian and American specialized associations. Egypt, Economics, 5/16/2005
  • China willing to take into account Moroccan textile interests, official
    China is willing to enhance economic relations with Morocco taking into account the economic interests of the North African country, especially in the textile sector, said Yu Guangzhou, Chinese trade vice-minister. Morocco-China, Economics, 5/16/2005