Archives n°846 du 11/09/2008 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 846 - 09/11/2008

Gaelle Arenson

TUNISIA

Editor in Chief

Tunisian Bank Shake-Up: Unfinished Business

Five years after the privatization of Tunisia’s banking industry started with the partial sale of Union International de Banque (UIB) to France’s Societe Generale, the sector has yet to complete its make-over. (...) [314 words] [$7]

ALGERIA

Algeria: Orascom Turning Back on Telcoms?

Dzezzy (Orascom group) holds 63.2% of the mobile phone market but has cut investment by 40% this year despite 18% rise in revenue. (...)

algiers

New Hassi Messaoud Falls Behind Schedule

The new city of Hassi Messaoud is now scheduled to be completed in 2017 instead of 2015 following the cancellation of tender in April for a study on building and following up work on the future town. (...) [113 words] [$2,1]

The Ever-Expanding Security Market

A new security and country-risk concern has turned up in Algiers to open an office. (...) [52 words] [$2,1]

Horse Trading Over IVAL

Tunisia’s Mzabi group is currently in talks with SAIDA about selling its stake in IVAL, which owns the Fiat and Iveco concessions in Algeria. (...) [64 words] [$2,1]

rabat

Full Speed Ahead for Atcom Media Group

In the six months or so since it was set up, the media group Africa Teldis & Communication (Atcom), an affiliate of the Finance. (...) [153 words] [$2,1]

Consolidation in Debt Recovery Branch

FinFlousse.com (FFC), a debt-recovery firm that works mainly for the Societe Generfale Marocaine des Banques, is to take over its competitor, Soreffi Maroc. (...) [67 words] [$2,1]

tunis

Airbus to Set Up Shop

Airbus Industrie intends to build a plant in Tunisia under a new plan unveiled by Louis Gallois, chief executive of Airbus’ parent company EADS on Sept. (...) [119 words] [$2,1]

Local Funding for ETAP

The Banque Centrale Tunisienne has finally given a green light to Tunisian banks to take part fully in a drive by state-owned Entreprise Tunsienne d’Activites Petrolieres (ETAP) to raise USD 400 million to finance its share in a joint venture with British Gas. (...) [66 words] [$2,1]

Banque de Tunisie: Trabelsi’s Secret Plan

Ever since Belhassen Trabelsi, boss of the Karthago Group, bought a stake in Banque de Tunisie (BT) in March, financial circles have been wondering about his intentions. (...) [209 words] [$2,1]

ECONOMICS/BUSINESS


	ALGERIA
	Andrade Gutierrez
	Andrade Gutierrez, a Brazilian construction firm, and the consultancy Cowi have won a contract to build the future Transhumel viaduct in Constantine in Algeria. (...) [24 words] [FREE]


	TUNISIA
	AMC Ernst & Young
	AMC Ernst & Young, a firm headed by Noureddine Hajji, has just completed a study looking ahead to a strategy for Tunisian industry in 2016. (...) [54 words] [$2,1]


	ALGERIA
	Man
	Man (Germany) is to equip the new printing works of the Cevital group in Algeria. (...) [52 words] [$2,1]


	TUNISIA
	Badr
	Badr, a group owned by Tunisian businessman Abdessalem Ben Ayed that operates in the oil, construction and real estate sectors is diversifying into education by creating a vocational training institute. (...) [30 words] [FREE]


	TUNISIA
	AZ-France
	AZ-France, a company run by Philippe Pons that specializes in the wholesale trade of fruit and vegetables, has invested in livestock breeding in north-east Tunisia. (...) [43 words] [FREE]


	MOROCCO
	BPI
	BPI, a French management and human resources consultancy, has opened a North African affiliate in Casablanca named BPI Mediterranee. (...) [19 words] [FREE]


	ALGERIA
	Piaggio
	Piaggio (Italy) has been pre-qualified by the Algerian police to bid for a contract to supply 700 scooters. (...) [25 words] [FREE]


	ALGERIA
	Ladpharma
	Ladpharma, an Algerian pharmaceutical concern, is going to manufacture Herbprot-T, a medicine to prevent diabetics from developing leg ulcers. (...) [35 words] [FREE]

WHO'S WHO


	UNITED STATES/MOROCCO
	Christopher Ross
	U.N. secretary general Ban Ki-moon is about to name American diplomat Christopher Ross to the post of special envoy for Western Sahara. (...) [87 words] [$2,1]


	TUNISIA
	Fethi Hachicha
	After taking his distance from the family group founded by his father, Mohsen Hachicha - it deals in pasta, chemicals and plastics - Fethi Hachia is starting up his own group. (...) [50 words] [$2,1]


	TUNISIA
	Taoufik Baccar
	The governor of the Banque Centrale de Tunisie, Taoufik Baccar, is thinking of having Tunisia and Libya team up to create semi-public banking groups. (...) [51 words] [$2,1]


	TUNISIA
	Maledh Marrakchi
	The director-general of the Technologies and Communications ministry and former right-hand man of Montassar Ouaili successively at the Ecole Nationale des Sciences Informatiques and as state secretary for computer sciences, Maledh Marrakchi will join his mentor at Tunisie Telecom, in an executive post. (...) [44 words] [FREE]


	ALGERIA
	Sid Ali Boukrami
	A professor of international finance who was born in Mzab, Sid Ali Boukrami has been appointed chief of economic planning by president Abdelaziz Bouteflika. (...) [84 words] [$2,1]