Arabic News Weekly Edition for Economics, 7/11/2005
Weekly Edition, Economics - Week of July 11, 2005
- Dubai large growth rate for non-oil foreign trade
Foreign non-oil trade of the Emirate of Dubai, in the United Arab Emirates, has increased at a rate of 41% in 2004 to reach 215.73 billion Dirham ( USD 58.74 billion) due to a real estate upsurge. United Arab Emirates, Economics, 7/13/2005 - UAE might converts 5% of its monetary reserves to EURO
AN official in the office of the central Bank of the United Arab Emirates UAE said that the UAE might convert 5% of its reserves of foreign currencies from US dollars to EURO. United Arab Emirates, Economics, 7/13/2005 - Lebanese tourist investments in Syria
Chairman of the Lebanese Tourist Syndicates Union, Pier al-Ashker, on Tuesday said that Syria in the forthcoming days will witness tourist projects by Lebanese investors, adding that Syria benefits from the Lebanese experience in the field of tourist industry. Syria-Lebanon, Economics, 7/13/2005 - Syrian coast's oil surveys operations
The Danish General Company started surveys and studies on the possibility of oil or natural gas deposits in the regional waters along the Syrian coast. Syria, Economics, 7/13/2005 - Need for Syrian-Italian economic relations Syria-Italy, Economics, 7/13/2005
- Qatar- Syria joint investment company
Syria's President Bashar al-Assad received Qatari Finance Minister Youssuf Mohammad Kamal on Monday. Al-Assad was briefed on the agreement signed today to establish a Qatari-Syrian holding investment company. Syria-Qatar, Business, 7/12/2005 - Libya to import 4 million tons of cement
Libyan officials discussed the "cement shortages in the Libyan market, especially that we are going to implement mega projects in the field of housing" Libya, Economics, 7/12/2005 - Libya -Algeria economic ties Algeria-Libya, Economics, 7/12/2005
- US, Iraq sign trade and investment framework pact Iraq-USA, Economics, 7/12/2005
- Libya removes customs fees on more that 3500 items
Libya has decided to removed customs fees on more than 3500 commodities imported to the country with the exception of 81 items. This is in a step that aims at liberalizing trade together with "protecting local products." Libya, Economics, 7/11/2005 - Notable increase in Tunisian tourism revenues
Tunisian tourism revenues increase during the first half of the current year by 11.6% in comparison with the same phase of 2004 to reach 981 million Tunisian dinars (USD 734 million). Tunisia, Economics, 7/11/2005 - Workforce to rise by 650,000
Egypt workforce is expected to rise by 650,000 to 19, 8 million during the 2005/2006 plan. Egypt, Economics, 7/11/2005 - Syrian-Lebanese borders in Dabosiya opened
General Director of Customs Basel Sanoufa has categorically denied that the Syrian-Lebanese borders in Dabosiya were closed to Lebanese trucks. Syria-Lebanon, Economics, 7/11/2005 - Exxon-Mobile sells its share in a private Syrian company
An industrial source in Damascus said that the American oil company Exxon-Mobile sold its share in a private joint company in Syria, especially because of the sanctions Washington imposed on Damascus. Syria-USA, Business, 7/11/2005