Archives n°844 du 28/08/2008 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 844 - 08/28/2008

Gaelle Arenson

LIBYA

Editor in Chief

Political Sparks Fly After Summer Break in Libya

The autumn political season got off to a flying start in Libya. Saif el Islam announced in Sebha on Aug. (...) [335 words] [$7]

ALGERIA

Algeria Tightens Investment Screw

Algiers is to issue a decree giving the government a miminum 51% stake in local firms sold to foreigners or forming part of foreign partnerships. (...)

algiers

Kherfi, New Counter-Espionage Chief

As Maghreb Confidential anticipated late last year, Ahmed Kherfi has been officially named chief of the Direction du Contre-Espionnage after holding the post in an acting capacity following the death of general Smain Lamari in August, 2007. (...) [123 words] [$2,1]

Changes at Top at Newspaper

Algerian magnate Issab Rebab, owner of the daily Liberte, has proceeded with a major shakeup in the paper that was due to be confirmed on Aug. (...) [121 words] [$2,1]

Solution for Tonic Emballage?

In a report, consultant Andre Fructoso suggested setting up a holding company to house the 10 units of the bankrupt Tonic Emballage packaging group and assume their debts. (...) [99 words] [$2,1]

rabat

Lagardere Spies Broadcasting Opportunity

Two years after first awarding licenses in the private audio-visual industry, the authority in the sector, HACA, has advertised a new round. (...) [136 words] [$2,1]

Caisses d’Epargne Launch Real Estate Gambit

After its relative setback in banking (an abortive attempt to buy into BMCE), the Groupe Caisse d’Epargne is pressing ahead with an offensive on the highly promising Moroccan property market (it has already acquired a stake in CIH). (...) [64 words] [$2,1]

tunis

Ben Ali Limbering Up for Presidential Race in 2009

President Zine Abedine Ben Ali seized the opportunity of a partial renewal of the Senate to pack the house with former rivals who had become “opponents” of the regime, like Mohamed Moada, former secretary-general of the Mouvement des Democrates Socialistes, and Mondher Thabet, secretary general of the Parti Social Liberal. (...) [174 words] [$2,1]

Poulina's Foreign Connections

Ever since it floated on the stock exchange, the Poulina group owned by businessman Abdelwahab Ben Ayed has been seeking to forge partnerships with foreign groups. (...) [109 words] [$2,1]

ECONOMICS/BUSINESS


	LIBYA
	Italcementi
	Italcementi (Italy) has formed a partnership with the Libyan Mining Company to build a cement works in the Tobruk region in the north-east of Libya. (...) [44 words] [FREE]


	MOROCCO
	SNCF
	SNCF (France) has called on the Morocco-based company Fedaso to manage the billing operations of its freight branch. (...) [18 words] [FREE]


	ALGERIA
	Egis BCEOM International
	Egis BCEOM International (France) has contracted LEM in Algeria and Tecsuit in Canada to carry out a study on a project for an industrial zone and oil port at Ben Saf in the Ain Temouchent region of Algeria. (...) [38 words] [FREE]


	ALGERIA
	Daewoo Engineering and Construction
	Daewoo Engineering and Construction (South Korea) and countryman Korea Trade and Shipping plan to invest in the fisheries, shipping and tourism branches in Algeria. (...) [44 words] [FREE]


	ALGERIA
	Schlumberger
	Schlumberger and Enafor, the drilling unit of Sonatrach, have formed a joint company, Sahara Well Construction Services. (...) [44 words] [FREE]


	ALGERIA
	Aslan & Kuzu
	Aslan & Kuzu and Kur Insaat Ozta LD-SKN International have been pre-qualified by the Office de la Promotion et de la Gestion Immobiliere de Constantine in Algeria to build 5000 low-cost housing units at El Khroub under a contract worth DR 11 billion. (...) [42 words] [FREE]


	ALGERIA
	ZCIGC
	ZCIGC (China) has landed a contract to complete the construction of 1,520 housing units at Ain Benian near Algiers. (...) [26 words] [FREE]


	ALGERIA
	Saidal
	Saidal, the state owned Algerian pharmaceuticals group, has sold the stake it held in Pfizer Pharm Algerie to Pfizer Panama for DR 39,000 per share. (...) [25 words] [FREE]

WHO'S WHO


	TUNISIA
	Mounir Klibi
	The deputy general manager of Banque Franco-Tunisienne (BFT), Mounir Klibi, has been named boss of the group in succession to Chahir Zlaoui who had run the establishment since August, 2004. (...) [70 words] [$2,1]


	TUNISIA
	Sakher El Materi
	The son in law of president Zine el Abedine Ben Ali, Sakher El Materi, who is highly active in business (he holds the concession for Audi and Volkswagen cars and for Renault Trucks), is still grabbing the headlines in the financial press. (...) [162 words] [$2,1]


	MOROCCO
	Fouad Ali El Himma
	The politician with the greatest clout with king Mohammed VI, Fouad Ali El Himma, was named deputy secretary general of the new political movement “Authenticitge et Modernite” which speaks for five small center parties in Morocco: (...) [59 words] [$2,1]


	MOROCCO
	Abdeslam Aboudrar
	King Mohammed VI has appointed the ex deputy managing director of the Caisse de Depot et Gestion, Abdeslam Aboudar, as chairman of a central organization to fight corruption. (...) [42 words] [FREE]