Archives n°618 du 02/10/2003 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 618 - 10/02/2003

Gaelle Arenson

NULL

Editor in Chief

Skidmore, the King and Oil on Trial in Texas

Michel Gustin and John Paul DeJoria, the Americans from Skidmore Energy who claimed to have ?discovered? Morocco's oil before being pushed aside by leading Moroccan and Saudi personalities have been true to their word. (...) [347 words] [$7]

algiers

AMERICANS IN PORT SECURITY MOVE

The Bush administration has been imposing port security standards (ICS code) throughout the world since the Sept. (...) [81 words] [$2,1]

Americans in Motorways

Maghreb Confidential has learned that the U.S. engineering firm Genesis International (GI) has been commissioned by the public works ministry to draft the architectural plan for Algeria's future East-West motorway (1,216 km). (...) [100 words] [$2,1]

ITALIAN SHIPPING SHOWS ITS STUFF

The Italian shipping companies Grand Traghetti-Ginalvi (Grimaldi group) and Costa Container Lines, an affiliate of GF, have signed a joint venture agreement to beef up their presence in Algeria. (...) [74 words] [$2,1]

rabat

ROYAL PALACE TIGHTENS GRIP ON ONA

In a huge stock market operation called ?share rotation,? the royal palace's holding company, Siger, has tightened its grip on the flower of Moroccan capitalism, the Omnium Nord Africain/Societe Nationale d'Investissement (ONA/SNI), headed by Bassim Jai Hokaimi. (...) [109 words] [$2,1]

Uncertainty over Caisse d'Epargne move on BMCE

France's Caisse Nationale des Caisses d'Epargne, which is seeking a retail bank as partner in North Africa after its failure to tie up with UIB in Tunisia –it was bought by Societe Generale—has reportedly made an offer for 20% of Morocco's BMCE, a bank owned by businessman Othman Benjelloun. (...) [149 words] [$2,1]

BELGIAN BUSINESSMEN IN TOWN

Serge Kubla, economy minister in the Belgian region of Wallonia, visited Morocco between Sept. (...) [67 words] [$2,1]

tunis

GERMAN BUSINESS ON THE MOVE

The German economy and labor ministry has joined forces with AHK, the Tunisian-German chamber of commerce, and Afrika Verein Business Development to organize a visit by German businessmen in the environment technologies field to Tunis between Oct. (...) [73 words] [$2,1]

tripoli

FRANCOIS LOOS PUTS BACK VISIT

Franco-Libyan relations are still plagued by the fact that no settlement has yet been reached for families of victims of the downing of a DC10 airliner operated by UTA. (...) [138 words] [$2,1]

ECONOMICS/BUSINESS


	ALGERIA/GERMANY
	ARAB BANK AG
	ARAB BANK AG in Germany is organizing a roadshow for Algeria's Sonatrach in Frankfurt on Oct. (...) [38 words] [FREE]


	ALGERIA/FRANCE
	GAZ DE FRANCE
	GAZ DE FRANCE has contacted the authorities in Adrar in southern Algeria to offer jobs to local workers. (...) [52 words] [$2,1]


	ALGERIA
	SCANIA
	SCANIA has begun assembling its first truck cabin at its new plant at Oued Smar in Algiers. (...) [28 words] [FREE]


	FRANCE
	NAFTAL, CPA, NCA FRUITAL
	NAFTAL, CPA, NCA FRUITAL will take part in a seminar staged by the French Senate and CFCE on cooperative ventures. (...) [36 words] [FREE]


	MOROCCO
	HACHETTE FILLIPACCHI
	HACHETTE FILLIPACCHI has set up shop in Morocco. The French weekly Le Journal du Dimanche has been printed and distributed in the kingdom since Sept. (...) [61 words] [$2,1]


	ALGERIA
	SOCIETE GENERALE
	SOCIETE GENERALE is negotiating with Orascom to finance the 2nd part of its GSM license in Algeria ($360 million), according to our sources. (...) [27 words] [FREE]


	MOROCCO
	MAROC TELECOM
	MAROC TELECOM, which will be 51% owned by Vivendi in 2004, contributed 283 million euros ($325 million) towards the French group's pre-tax profit in the first half of 2003. (...) [61 words] [$2,1]

WHO'S WHO


	ALGERIA
	MOHAMED MEZIANE
	Named on Sept. 20 as Sonatrach's new chairman, Mohamed Meziane has two delicate issues to deal with against the backdrop of next year's presidential campaign. (...) [105 words] [$2,1]


	ALGERIA
	AHMED TALEB IBRAHIMI
	An ex-foreign minister under president Chadli Benjedid and head of the non-authorized Wafa party, Ahmed Taleb Ibrahimi, is being increasingly cited in Algiers and foreign diplomatic circles as president Abdelaziz Bouteflika's « fundamentalist challenger » in next year's presidential election. (...) [54 words] [$2,1]


	NORTH AFRICA/UNITED KINGDOM
	BEN BRADSHAW
	As Trade Partners UK prepares to send several business delegations to North Africa in late 2003 and early 2004, Britain's Foreign Office has been busy establishing direct contact with the region. (...) [76 words] [$2,1]


	FRANCE/MOROCCO
	LUC FERRY
	French prime minister Jean-Pierre Raffarin bumped into his education minister, Luc Ferry, in the lobby of the La Mamounia hotel in Marrakech last weekend. (...) [66 words] [$2,1]