Archives n°757 du 05/10/2006 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 757 - 10/05/2006

Gaelle Arenson

LIBYA

Editor in Chief

Libya : Foreign Firms Step Aside for Local Investors

The days that Libya appeared to be brimming with opportunities or foreign investors could well be numbered. Libyan investors are being given priority in buying up businesses in the country, as a surge in the number of local equity funds, financed in part by oil money, clearly testifies. (...) [317 words] [$7]

ALGERIA

Crackdown on Over-Billing in Algeria

The Algerian authorities are investigating currency transactions and allegations of over-billing to get around strict rules on trade in services. (...)

algiers

Defence Ministry Investigates “Missing SIM Cards.”

Maghreb Confidential understands the defence ministry, which comes under the direct authority of president Abdelaziz Bouteflika, has been ordered to investigate cases of unregistered mobile telephone cards ending up in hands of terrorist networks. (...) [58 words] [$2,1]

Sonatrach Advises its Little Chad Sister

Chad’s oil minister, Emmanuel Nadingar, met with his Algerian counterpart Chakib Khelil last week in Algiers to look at Sonatrach as a possible model for a state-owned Societe Nationale des Hydrocarbures du Tchad that N’Djamena wants to set up. (...) [95 words] [$2,1]

rabat

Pushing Morocco’s Case on Western Sahara in Washington

The Consultative Royal Council for Saharan Affairs (COCAS), which was recently re-activated by king Mohamed VI, sent a major delegation to Washington early this week to try to sell Morocco’s project for self-rule in Western Sahara. (...) [138 words] [$2,1]

Changes in Lydec Contract Before Elections?

Some clauses in a contract awarded to Lydec, an affiliate of the Suez group, to manage the water, electricity and water treatment concession in Casablanca could be revised. (...) [88 words] [$2,1]

Rahal Group Takes Off

Two weeks after signing a partnership with the international juice producer Rostoy, Morocco’s Rahal group has moved into the airline catering business. (...) [76 words] [$2,1]

tunis

South Africa’s IDC Seeking Opportunities

The semi-public South African concern Industrial Development Corporation (IDC), which is deeply involved in the mining sector, is seeking to finance industrial projects in Tunisia. (...) [25 words] [FREE]

SITA a Trojan Horse in Air Transport?

Tunisair has reached an agreement with SITA (Societe International de Telecommunication Aeronautique) on outsource its communications systems with a 50/50 joint venture with the Zurich-based organization. (...) [112 words] [$2,1]

tripoli

New Contracts for Airbus?

Maghreb Confidential has learned that close associates of Saif El Islam, son of Muammar Kadhafi, are currently negotiating the purchase of new Airbus airliners, this time for Libyan Arab Airlines. (...) [99 words] [$2,1]

ECONOMICS/BUSINESS


	LIBYA/KUWAIT
	Alkhurafi
	Alkhurafi, a Kuwaiti financial company, has signed a contract with Libya to build a five star holiday resort at Tajura to the east of Tripoli. (...) [25 words] [FREE]


	MOROCCO
	Colorado
	Colorado, a Moroccan firm which manufactures and distributes paint and which belongs to the Berrada family, is to sell 35% of its equity on the Casablanca stock exchange in a placement organized by Safabourse, an affiliate of Caisse de Depot et Gestion (CDG), Attijariwafabank and the Societe Generale Marocaine de Banques. (...) [52 words] [$2,1]


	ALGERIA/CANADA
	Direction Generale de la Police Algerienne
	Direction Generale de la Police Algerienne has contracted Canada’s Forensic Technology to supply a center for identifying ballistic markings on bullets. (...) [27 words] [FREE]


	ALGERIA
	International Finance Corp.
	International Finance Corp., the private investment arm of the World Bank, is to invest $11. (...) [40 words] [FREE]


	MOROCCO
	Maroc Connect
	Maroc Connect, an affiliate of ONA, the holding company controlled by the royal family, has penned a $25 million contract with Alcatel for the installation of a new generation telecommunications system. (...) [31 words] [FREE]


	ALGERIA/GERMANY
	Knauf
	Knauf, a German building materials company, is to invest EUR 24 million in Algeria over the coming four years. (...) [39 words] [FREE]


	ALGERIA
	Agence Algerienne des Barrages et Transferts
	Agence Algerienne des Barrages et Transferts has just cancelled a $100 million contract it had awarded to a consortium consisting of Heitkamp Deilmann Hanikel GmbH and Insaat VE Ticaret AS/KOU. (...) [54 words] [$2,1]

WHO'S WHO


	TUNISIA/LIBYA
	Mounir Hassan
	(Tunisia/Libya) Tunisian journalist Mounir Hassan has asked Saif al Islam, son of the Libyan leader and a businessman in his own right, to help him launch « a major electronic journal in the Arab world, » at the initiative of Tunisian, Algerian and Moroccan journalists. (...) [97 words] [$2,1]


	LIBYA/UNITED KINGDOM
	David Owen
	(Libya/United Kingdom) Former British foreign secretary David Owen found himself acting as a new lobbyist of sorts for the Kadhafi family in Paris last week. (...) [66 words] [$2,1]


	LIBYA/TUNISIA
	Khaled Hamidi
	(Libya/Tunisia) The fiancé of Muammar Kadhafi’s daughter, Aicha, Khaled Hamidi, is going to set up residence in Tunis. (...) [35 words] [FREE]


	TUNISIA
	Jamel Mzabi
	(Tunisia) The nephew of the Mazabi group boss Moncef Mzabi, Jamel Mzabi, has taken over as manager of a brand new call center set up by the group. (...) [62 words] [$2,1]


	TUNISIA
	Mounir Charrad
	(Tunisia) The former chief executive of Artois Confection Tunisie, Mounir Charrad, has just turned his hand to the textiles wholesale business. (...) [37 words] [FREE]


	MOROCCO
	Karim Saadi
	(Morocco) The commander of auxiliary forces in Tetouan, Karim Saadi, testified before the Moroccan security services last week in a drugs case that led to the dismissal of Abdelaziz Izzou, director of security at royal palace, on Sept. (...) [39 words] [FREE]