Archives n°764 du 23/11/2006 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 764 - 11/23/2006

Gaelle Arenson

MOROCCO

Editor in Chief

Morocco : Squeeze on Labor Market

A solution to Morocco’s problem of youth employment may be around the corner. The country’s economy is expected to grow at a rate of 7% in 2007 (of which 5% in non-agricultural work), sharply lifting demand for manpower. (...) [314 words] [$7]

TUNISIA

Freeze Between Tunis and Berlin

President Ben Ali refused to receive the German foreign minister who seized the occasion of a visit to Tunisia to criticize the lack of political freedoms. (...)

algiers

Emirates Bank Soon Open for Business

On the heels of Lebanon’s Byblos, Morocco’s Ettijara Maghribi and France’s CIC, the United Arab Emirates bank Essalem plans to start operating in Algeria in 20007. (...) [40 words] [FREE]

Cevital Calls on South Korean Steel-Maker

Isaad Rebrab, the boss of Cevital, the country’s biggest food and drinks group, has put out a call to the South Korean firm Posco to construct a methanol complex and a port at a cost of $10 billion. (...) [49 words] [$2,1]

rabat

Juppe Re-Activates his Moroccan Connections

Recently back in his old job of mayor of Bordeaux, Alain Juppe met with Andre Azoulay, adviser to king Mohammed VI,? (...) [63 words] [$2,1]

Gulf Pharmaceutical Industries Sets Up Shop

The United Arab Emirates doesn’t invest solely in real estate in Morocco. (...) [72 words] [$2,1]

Madrid Asserts Sovereignty over Ceuta Telecoms

The Spanish telecommunications operator Telefonica has begun work on installing an underwater optical fibre cable across the straits of Gibraltar to link the enclave of Ceuta in Morocco to Spain. (...) [61 words] [$2,1]

tunis

Dinar Takes a Knock

Tunisian financial circles are persuaded president Ben Ali made a mistake on Nov. (...) [74 words] [$2,1]

Boardroom Crisis at BIAT

The chief executive of the Banque Internationale Arabe de Tunisie (BIAT), Chakib Nouira, is locked in battle at present with one of his most powerful stakeholders, the Mabrouk group that holds a 30% stake in the establishment. (...) [117 words] [$2,1]

tripoli

Condi in Tripoli at Last

Maghreb Confidential understands that the long-awaited visit of the U. (...) [99 words] [$2,1]

Saif El Islam Sulking

Relations between the Libyan leader and his son and heir apparent, Saif el Islam, are reportedly strained at the moment. (...) [74 words] [$2,1]

Saif el Islam caused a serious stir in Tripoli by announcing the bankruptcy of Tamoil Europe in a broadcast on Al Jazeera. (...) [84 words] [$2,1]

ECONOMICS/BUSINESS


	UNITED ARAB EMIRATES/ALGERIA
	El Qudra Real Estate
	El Qudra Real Estate, an affiliate of the United Arab Emirates group El Qudra Holding headed by Mahmed Saleh al Yafei, is scheduled to shortly open an office in Algiers to oversee several projects, including the construction of low-cost housing. (...) [63 words] [$2,1]


	FRANCE/TUNISIA
	Calyon
	Calyon, the French investment bank, has reportedly been approached by Tunisian businessman Aziz Miled to assess exactly what he stands to win or lose if his airline, NouvelAir, merges with Karthago Airlines, a company headed by Belhassen Trabelsi. (...) [38 words] [FREE]


	ALGERIA
	SAS
	SAS, an international computer group, is to install an industrial risk assessment system for the Sonatrach oil company. (...) [18 words] [FREE]


	MOROCCO
	ONHYM
	ONHYM, the Office National Marocain des Hydrocarbures et des Mines, will shortly award five new oil exploration licences, two of which in the offshore. (...) [45 words] [FREE]


	MOROCCO
	Involys
	Involys, a Moroccan firm that specializes in publishing and integrating software, is to float on the Casablanca stock exchange. (...) [29 words] [FREE]


	FRANCE/MOROCCO
	Jacob Delafon
	Jacob Delafon (sanitary goods) wants to build up its presence in Morocco and has just opened a show room in the industrial zone of Moghogha in Tangiers. (...) [42 words] [FREE]


	CANADA/MOROCCO
	Innotelco Inc.
	Innotelco Inc., a telecommunications equipment firm in Canada, has opened a representation office in Tunisia where the telecoms sector is booming. (...) [35 words] [FREE]

WHO'S WHO


	TUNISIA
	Tahar Jebari
	A former adviser to Tunisia’s president on information systems security, Tahar Jebari, will now carry out the same work for Tunisair. (...) [50 words] [$2,1]


	LIBYA/CHINA
	Chen Pao-Lang
	The director of Taiwan’s Chinese Petroleum Corporation (CPC), Chen Pao-Lang, has just completed a highly successful visit to Tripoli and plans to come back in December to finalize a first oil exploration license awarded to his company in Libya’s third licensing round. (...) [71 words] [$2,1]


	EUROPEAN UNION/LIBYA
	Leonello Grabici
	The head of the North Africa unit at the European Commission’s external relations department, Leonello Grabici, will play host to a group of Libyan energy experts in Brussels on Dec. (...) [84 words] [$2,1]


	TUNISIA
	Moncef Sellami
	Moncef Sellami, the boss of One Tech, a Tunisian group specializing in cables and printed circuits, took a risk in early November when he acquired a 50% holding in his biggest client, FUBA Germany, and thus became its largest shareholder. (...) [78 words] [$2,1]


	LIBYA/SWITZERLAND
	Ziad Boufayed
	Libyan political opponent Ziad Boufayed has been imprisoned by the Libyan authorities one week after returning to live in the Jammahiriya. (...) [33 words] [FREE]