Archives n°762 du 09/11/2006 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 762 - 11/09/2006

Gaelle Arenson

LIBYA

Editor in Chief

Libya : NOC Still a State Within a State ?

Will Shukri Ghanem, who was named boss of Libya’s powerful National Oil Corporation, six months ago manage to push through major changes at the state-controlled group? (...) [305 words] [$7]

LIBYA

Libya : France Seeks to Prevent Tax Evasion

The French Parliament is going to shortly approve a non-double taxation accord with Libya that will be aimed at preventing tax evasion (...)

algiers

The Pentagon Still Pushing

Despite Algeria’s huge acquisition of Russian military equipment, which involved converting Algeria’s debt to Russia into investment, American armaments firms haven’t given up on the Algerian market. (...) [111 words] [$2,1]

American Bankers in Algiers

A group of American banking experts is currently visiting Algiers under the terms of an agreement signed with the Banque Centrale d’Algerie to help tighten internal controls at Algerian banks. (...) [57 words] [$2,1]

Cevital Teams Up with Samsung

Algeria’s private Cevital group owned by tycoon Isaad Rebrab has signed a franchise agreement with South Korea’s Samsung to manufacture and distribute household appliances starting from next year. (...) [79 words] [$2,1]

rabat

Breakthrough for Islamic Banks?

Islamic banks are knocking on the kingdom’s door in the hope of taking part in a surge of investment by the Gulf countries in Morocco. (...) [107 words] [$2,1]

Hassan II Mosque Seeks Cash

The Hassan II mosque is going to put the concession for the management of its Turkish baths and hammams out to tender. (...) [69 words] [$2,1]

tunis

Loukil Takes over Citroen Affiliate

Mohamed Loukil, boss of the group named after him, has acquired Citroen Piece de Rechange Gros (Citroen wholesale spare parts) from its previous owner, Mohamed Habib Krifa. (...) [71 words] [$2,1]

Aziz Milad in Major Tourism Drive

TTS, a group owned by businessman Aziz Miland that operates in the hotels, leisure, banking, air transport, industry and agricultural sectors, has just launched two big tourism projects. (...) [87 words] [$2,1]

Mabrouk Brothers buy into BIAT

A year after acquiring a first block of shares (8.6%)in BIAT from Mohamed Driss, the Mabrouk group is continuing to snap up equity in the bank. (...) [86 words] [$2,1]

tripoli

Delays in Tamoil Privatization

Maghreb Confidential understands the process of privatising 60% of Tamoil is taking a lot longer than planned in view of its heavy debts - they amount to billions of dollars - and environmental problems linked to its network of service stations in Italy. (...) [117 words] [$2,1]

ECONOMICS/BUSINESS


	LEBANON/TUNISIA
	Saraya
	Saraya, a Lebanese-Saudi group headed by Saad Hariri, son of the late Lebanese prime minister Rafik Hariri, could launch a new tourism project at Tabarka in Tunisia. (...) [43 words] [FREE]


	MOROCCO
	Horizon Terminals Ltd.
	Horizon Terminals Ltd., an affiliate of Emirates National Oil Company, has joined with the Moroccan concern Afriquia SMDC and Kuwait’s Independent Petroleum Group in signing an agreement with Agence Speciale Tanger Mediterranee for a 25 year concession to operate the oil terminal at the new Tangiers port. (...) [58 words] [$2,1]


	FRANCE/ALGERIA
	Fromageries Bel
	Fromageries Bel (France) is putting together a sales network in Algeria following the commissioning of a first plant at Kolea in central Algeria, which cost it EUR20 million to build. (...) [30 words] [FREE]


	GERMANY/ALGERIA
	Infrastructure Consult Halle
	Infrastructure Consult Halle (ISC), a German consultancy, has won a EUR 520,000 contract (DR 50 million) from the Algerian water resources ministry to carry out a study on a pilot project to manage a water purification system. (...) [38 words] [FREE]


	TUNISIA
	Huard-Tunisie
	Huard-Tunisie, an affiliate of Tunisia’s Loukil group, is to form a joint venture with Italy’s Tubor Spa company to build radiators at Sfax. (...) [24 words] [FREE]


	FRANCE/TUNISIA
	IP Telecoms
	IP Telecoms (France) has re-located to Tunisia where it has set up IP Africa. (...) [14 words] [FREE]


	TUNISIA
	Horchani Dattes
	Horchani Dattes, a firm that produces, packages and markets dates, is planning to shortly have its dates certified as kosher. (...) [38 words] [FREE]


	FRANCE/TUNISIA
	Saric
	Saric, a Nantes-based company that specializes in thermal compression moulding, has opened an affiliate in the Tunis region named TUTT Plastiques. (...) [21 words] [FREE]

WHO'S WHO


	TUNISIA
	Sakhr El Materi
	Son in law of Zine el Abedine Ben Ali - he is married to the president’s daughter Nesrine - Sakhr El Materi has made his first public appearance. (...) [139 words] [$2,1]


	TUNISIA
	Neji Mhiri
	The boss of the giant furniture company Meublatex and the El Mouradi hotel chain, Neji Mhiri, is reportedly interested in acquiring the Magasin General supermarket chain that has been put up for sale by the government. (...) [70 words] [$2,1]


	LIBYA
	Sayed Kaddafedam
	The cousin of Muammar Kadhafi and elder brother of Ahmad Kaddafedam, the Libyan leader’s adviser and special envoy,Sayed Kaddafedam has returned to public life. (...) [138 words] [$2,1]