|
|
Article: Middle East Business Briefs
- Article from:
- Xinhua News Agency
- Article date:
- May 15, 1997
CopyrightCopyright 1997 Xinhua English Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
The following are business briefs from Middle East countries.
AMMAN Jordan's contracting industry is in recession, Jordan
Times
today quoted the Jordan Contractors Association (JCA) president Wael
Touqan as saying.
Only 500 out of 1,200 JCA members are now employed, said the
president.
Private and major public share-holding companies are tendering
projects requiring the participation of foreign companies and firms
not involved in the contractor business, he added.
The contracting sector has employed 13 percent of the country's
workforce and makes up 10 percent of Jordan's gross national
product,
Touqan said.
NICOSIA Cyprus is expected to import about 700 to 760 thousand
tonnes of grain in ...