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Maghreb Confidential /Archives

Archive n° 719 - 12/01/2005

Gaelle Arenson

NULL

Editor in Chief

Tunisia : Banking Market Still a Closed Shop

Like Morocco, Tunisia keeps a close eye on the arrival of foreign operators on its banking market. It dreads the idea that a “champion” could emerge to rake in the country’s deposits. (...) [326 words] [$4.7]

MOROCCO

Goodyear Maroc Hit by Lifting of Customs Barriers

The tire maker is suffering from over-capacity and may have to close. The U.S. chamber of commerce has sounded the alert. (...)

algiers

BHP, Statoil and Petro SA in GTL bid

BHP Billiton has begun talks with Norway’s Statoil and South Africa’s Petro SA on submitting a joint bid for a contract put out to tender in April by Algiers for the construction of a gas-to-liquid plant at Arzew. (...) [116 words] [$1.5]

Gulf investors in property rush

The Trust group from Bahrain, which has banking and insurance interests in Algeria, is presently constructing eight office buildings and a five star hotel in Algiers. (...) [66 words] [$1.5]

rabat

Loos in Morocco this week

French industry minister Francois Loos will be in Morocco between Dec. (...) [51 words] [$1.5]

RFI wants wider profile in Morocco

We understand Radio France International (RFI) is seeking to build up its audience in Morocco and has applied to the government for a FM band. (...) [51 words] [$1.5]

Get-together on ethical investment

Rabat was due to stage a third annual seminar on ethical investment on Dec. (...) [143 words] [$1.5]

tunis

IDB to set up shop

The Islamic Development Bank (IDB) is planning to open a branch in Tunisia. (...) [53 words] [$1.5]

Big turnout for Euro-Med business forum

The focus was on three economic sectors at the “Forum Euro-Mediterraneen de l’Entreprise” held under the patronage of president Zine el Abedine Ben Ali at the port of Al Kantaoui on Dec. (...) [207 words] [$1.5]

BIAT launches "Tunisie Titrisation"

The BIAT bank has won a green light from Tunisia’s Conseil du Marche Financier to inaugurate a company to manage and sell debt named Tunisie Titrisation which will allow the bank to mount the first securitization of debt operation in Tunisia. (...) [42 words] [FREE]

ECONOMICS/BUSINESS


	TUNISIA
	Tunisie Telecom
	Tunisie Telecom could be privatized sooner than planned. The Tunisian government is offering 35% of its equity but international companies bidding for it say they would like a majority in the firm soon. (...) [35 words] [FREE]


	TUNISIA
	Godarvari Fertilisers & Chemicals
	Godarvari Fertilisers & Chemicals and Gujarat State Fertilisers & Chemicals Ltd in India are going to join forces with Groupe Chimique Tunisien and the Compagnie des Phosphates de Gafsa to build a new phosphoric acid plant with a capacity of 360,000 tons per annum at Skhira. (...) [47 words] [$1.5]


	LIBYA
	Buraq Air
	Buraq Air, a new Libyan airline, has ordered six Boeing 737 airliners and will begin service to Dubai, Istanbul and Aleppo in 2006. (...) [24 words] [FREE]


	ALGERIA
	Agence Nationale Algerienne des Barrages
	Agence Nationale Algerienne des Barrages will shortly change its managing director. (...) [26 words] [FREE]


	CHINA/LIBYA
	Huawei Technologies Co. Ltd
	Huawei Technologies Co. Ltd has been awarded a $40 million contract from Libya’s second-ranking mobile phone operator, Libyana, to extend its network to serve one million additional subscribers. (...) [30 words] [FREE]


	ALGERIA
	Algerie Telecom
	Algerie Telecom will put 15% of its equity on sale for investors in February, 2006. (...) [33 words] [FREE]


	ALGERIA/UNITED STATES/JAPAN
	American Eagle Transport
	American Eagle Transport and Mitsui (US/Japan) have signed a JV agreement with Algeria’s Sonatrach to acquire three oil tankers on behalf of Hyproc Shipping Co. (...) [31 words] [FREE]


	ALGERIA/SWITZERLAND
	Swiss Rail
	Swiss Rail is organizing a seminar on Dec. 3 business opportunities in Algeria’s railway sector in conjunction with SNTF and the Swiss/Algerian Chamber of Commerce. (...) [43 words] [FREE]

WHO'S WHO


	ALGERIA
	Hadj Zoubir
	The former communications chief at Algeria’s DRS intelligence and security service, Hadj Zoubir, has been named security adviser to the Cevital group owned by multi-millionaire Isaad Rebrab, according to our sources. (...) [49 words] [$1.5]


	FRANCE/MOROCCO
	Albert Mallet
	The chairman of the Forum de Paris, Albert Mallet, is organizing a « Forum de Paris Euro Mediterranee » at UNESCO in Paris on Dec. (...) [57 words] [$1.5]


	FRANCE/MOROCCO
	Alain Juillet
	. Maghreb Confidential understands that Alain Juillet, the senior adviser to the French prime minister on business intelligence, will travel to Morocco in mid-December for a working session with the Association pour le Progres des Dirigeants (APD), a Moroccan business association set up by Spain. (...) [47 words] [$1.5]


	CHINA/TUNISIA
	Jing Zhiyuan
	The commander of the Chinese Army’s second artillery corps and a member of the Central Military Commission, Jing Zhiyuan, led a military delegation that visited Tunis on Nov. (...) [89 words] [$1.5]


	TUNISIA
	Ferid Tounsi
	. The CEO of the Centre de Promotion des Exportations, Ferid Tounsi, has been elected as the first secretary-general of the Agadir Agreement, a free trade accord reached between Morocco, Tunisia, Egypt and Jordan. (...) [65 words] [$1.5]