PA plan would boost trade with Arab countries
ATFP World Press Roundup Article from Ma'an News Agency
October 12, 2012 - 12:00am


RAMALLAH (Ma’an) -- The Palestinian Authority economy minister hopes to boost revenues for the occupied territories through increasing trade between Palestine and Arab states. Jawad al-Naji told Ma’an on Friday after participating in talks at the Standing Committee for Economic and Commercial Cooperation that opening Arab markets to Palestinian products would boost the economy. The Organization for Islamic Cooperation-sponsored conference was held in Turkey.


Arab unemployment higher than previously thought
ATFP World Press Roundup Article from The Jerusalem Post
by Ilene Prusher - October 9, 2012 - 12:00am


The rate of unemployment among Arabs in Israel is much higher than previously believed, according to a new analysis by Professor Eran Yashiv, chairman of the Economic Policy Program at Tel Aviv University’s Taub Center.


Palestinians set first private sector minimum wage
ATFP World Press Roundup Article from Agence France Presse (AFP)
October 9, 2012 - 12:00am


RAMALLAH, Palestinian Territories — The Palestinian government on Tuesday approved a minimum wage of 1,450 shekels ($376, 290 euros) a month for the private sector, labour minister Ahmed Majdalani said. "This is an unprecedented decision... on which we can build," Majdalani told AFP, dismissing criticism that the rate was to low.


PA, Jordan sign agricultural cooperation agreements
ATFP World Press Roundup Article from Ma'an News Agency
October 5, 2012 - 12:00am


BETHLEHEM (Ma’an) -- The Palestinian Authority agriculture minister on Friday said a number of cooperation agreements signed with Jordan will benefit Palestinian producers. During a brief trip to the West Bank on Thursday, Jordanian Prime Minister Fayez Tarawneh signed a number of trade deals with the Palestinian Authority. Agriculture minister Walid Assaf said these included exchange of scientific expertise between the two sides to boost agricultural productivity.


PA budget crisis expected to worsen
ATFP World Press Roundup Article from Ma'an News Agency
October 3, 2012 - 12:00am


BETHLEHEM (Ma'an) -- The Palestinian Authority does not expect a significant boost in foreign budget assistance to follow a meeting of donor countries in New York last month. A report presented by Nabil Qassis, the Palestinian Authority finance minister, has received no significant response, a senior government official told Ma'an. The official, speaking on the condition of anonymity, said late Tuesday that the financial crisis would likely escalate widely in the coming weeks and months due to foreign aid shortfalls.


PA preparing to set minimum wage
ATFP World Press Roundup Article from Ma'an News Agency
October 3, 2012 - 12:00am


BETHLEHEM (Ma'an) -- The Palestinian Authority will announce a minimum wage on October 15, the minister of labor said Tuesday. Ahmad Majdalani declined to reveal figures, but told Ma'an that detailed discussions on monthly, daily and hourly minimum wages had been held for two months. Palestinian labor law regarding internships and probation contracts had also been considered, Majdalani said. "We are close to reaching an agreement on the minimum wages," he said.


PA finance ministry to cut fuel prices from Oct. 1
ATFP World Press Roundup Article from Ma'an News Agency
October 1, 2012 - 12:00am


RAMALLAH (Ma'an) -- The Palestinian Ministry of Finance announced Sunday that fuel prices are set to be reduced, a statement said. The price cuts, which will be implemented on Oct. 1, will see a liter of diesel reduced from 6.95 shekels ($1.77) to 6.70 ($1.70). A liter of benzene will now cost 7.60 shekels ($1.93), down from 7.98 shekels ($2), and a 12kg canister of domestic-use gas will be reduced to 64 shekels ($16), down from 65.


Palestinian authority aims to securitize $200 million of debt
ATFP World Press Roundup Article from Reuters
by Martin Dokoupil, Sylvia Westall - September 30, 2012 - 12:00am


KUWAIT (Reuters) - Palestinian authorities are aiming to securitize an initial $200 million of some $1.3 billion worth of government debt by the first quarter of 2013 to help reduce state borrowing from local banks, a top banker said on Sunday.


Qatar pledges millions in aid for Gaza rebuilding
ATFP World Press Roundup Article from Ma'an News Agency
September 26, 2012 - 12:00am


GAZA CITY (Ma'an) -- Qatar is planning to provide half a billion dollars in assistance to the Gaza Strip over the coming three years to rebuild infrastructure destroyed in Israeli attacks. In a visit to the enclave Tuesday, Qatari ambassador Muhammad al-Imadi said the Gulf country's emir created a special committee to distribute some $450 million for infrastructure, development and education projects.


Welcome to 'Fortress Gaza,' Home of the Newly Radicalized Hamas
ATFP World Press Roundup Article from The Atlantic
by Zvika Krieger - (Opinion) September 25, 2012 - 12:00am


Top officials in Hamas have confirmed this week that the group's leader, Khaled Mishaal, has decided to resign his post. Hamas official Salah al-Bardawil tried to dismiss any suspicions of internal discord: "He has decided to retire to make room for the younger members." But Mishaal's decision belies significant shifts within the organization.



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