Archives n°809 du 15/11/2007 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 809 - 11/15/2007

Gaelle Arenson

MOROCCO

Editor in Chief

A British Holidaymaker Invasion ?

The Moroccan holiday trade was out in force this week at the World Travel Market, a fair staged each year in the suburbs of London. (...) [311 words] [$7]

MOROCCO

Soaring Price of Moroccan Security

Morocco, which experienced several terrorist attacks this year, will earmark 30% of its budget – or EUR 4 billion – to its security services in 2008. (...)

algiers

Rebrab in Retail Venture

The head of Algeria’s Cevital group, Isaad Rebrab, plans to open a hyper-market covering 7,000 sq. (...) [129 words] [$2,1]

Civil Protection Service’s Shopping List

Algeria’s Civil Protection agency has contracted the Italian firm Arima to supply inflatable boats worth EUR 658,000 euros and France’s Beauchat to deliver diving suits worth EUR 677,000. (...) [85 words] [$2,1]

rabat

ONA Withdraws from Veolia

Maghreb Confidential understands that ONA and Somed have sold their respective holdings of 16% and 33% in Amendis, an affiliate of France’s Veolia which operates the water, power and water purification concession in Tangiers-Tetouan. (...) [181 words] [$2,1]

Moroccan Military Brass at Dubai

Morocco sent a high-level delegation to the Dubai Air Show which ended on Nov. (...) [87 words] [$2,1]

tunis

Euro-Med Bank to be Headquartered in Tunis?

The government is pulling out all the stops to see that Tunis becomes headquarters of the future Euro-Mediterranean Bank to be integrated in president Nicolas Sarkozy’s plan for a Mediterranean Union. (...) [67 words] [$2,1]

Chaibi Group in Real Estate Move

Businessman Taoufik Chaibi has acquired the real estate business of Roger Bismuth. (...) [60 words] [$2,1]

Fragola Re-Shuffles Textile Cards

Italy’s uciano Fragola, boss of the Elder textile group, has cut back on his business in Tunisia after failing to establish a free trade industrial zone specializing in textiles. (...) [73 words] [$2,1]

tripoli

CASA 212s for Maritime Surveillance

According to our sources, EADS and Libya are in fairly advanced talks for the sale of two Spanish CASA 212 surveillance aircraft to Tripoli, which is in the midst of overhauling its maritime security system. (...) [80 words] [$2,1]

ECONOMICS/BUSINESS


	LIBYA
	Societe Generale
	Societe Generale (France) is one of five banks short-listed by Libya’s Central Bank to buy a 19% holding in state-run Al Wahda Bank. (...) [52 words] [$2,1]


	ALGERIA
	Teixeira-Duarte
	Teixeira-Duarte (Portugal) and ETRHB in Algeria, Tunisia’s Ozgun and ENYSE in Spain form the consortium picked by the Agence Nationale Algerienne d’Etudes et de Suivi de la Realisation des Investissements Ferrovaires (ANESRIF) to upgrade the Thenia-Tizi Ouzou line and its electrification up to Oued Aissi. (...) [45 words] [FREE]


	ALGERIA
	GE Healthcare
	GE Healthcare, the medical services arm of the U.S. group General Electric, is setting up operations in Algeria and has hired Dr. (...) [31 words] [FREE]


	MOROCCO
	Attijariwafa Bank
	Attijariwafa Bank in Morocco, which has just bought CBAO in Senegal (the latter also has a branch in Paris) from the Mimran group followed that up by forging an international cooperation partnership with UBS. (...) [43 words] [FREE]


	ALGERIA
	New Energy Algeria
	New Energy Algeria (NEAL) wants to build a 3,000 km power line between Adrar in Algeria and Aachen in Germany in partnership with Sonatrach and German companies. (...) [56 words] [$2,1]


	ALGERIA
	Turk Maritime
	Turk Maritime (Turkey) is to build a new shipyard in Algeria. (...) [28 words] [FREE]


	ALGERIA
	HSBC
	HSBC has inked an agreement with the Banque Exterieure d’Algerie that allows it to finance major projects in the country, particularly for Sonatrach and Sonelgaz. (...) [24 words] [FREE]

WHO'S WHO


	UNITED STATES/MOROCCO
	Shaun Donnelly
	The deputy U.S. representative for commerce in Africa and the Middle East, Shaun Donnelly, has urged American businessmen to seize investment opportunities in Morocco. (...) [90 words] [$2,1]


	FRANCE/LIBYA
	Francois Gouyette
	According to our sources, the present French ambassador in charge of the Euro-Mediterranean process, Francois Gouyette, has been tapped for the post of ambassador to Tripoli in succession to Jean-Luc Sibuide. (...) [107 words] [$2,1]


	TUNISIA
	Hamed El Karoui
	Suffering from heart trouble, former Tunisian prime minister Hamed El Karoui was flown to France in early November for an operation. (...) [36 words] [FREE]


	FRANCE/ALGERIA
	Abdelhamid Temmar
	An Algerian Chamber of Commerce and Industry to advise French and Algerian businessmen and “Algeria” sections in some French government departments could be set up in France. (...) [75 words] [$2,1]