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Maghreb Confidential /Archives

Archive n° 847 - 18/09/2008

Gaelle Arenson

ALGERIA

Editor in Chief

Security Services at Odds with Bouteflika?

As the days of the current regime appear to be waning, relations between the presidential clan (including Said Bouteflika, brother of president Abdelaziz Bouteflika) and the powerful secret services have become increasingly frosty. (...) [285 words] [$4,7]

ALGERIA

Algeria: New Taxes for Non-Residents

The Algerian government’s 2009 budget provides for a 20% tax on capital gains on the sale of shares or parts of businesses by non-residents. (...)

algiers

Has DCNS Lost Frigate Deal?

The summer proved to be rough for officials of French warship builder DCNS who have been working for nearly a year to land a contract from Algeria’s defense ministry for the FREMM multi-mission frigate. (...) [157 words] [$1,5]

Prospects Dim for ETRHB Newspaper Project

A plan floated several months ago by ETRHB, a group owned by the Haddad family, to publish a daily in French named Le Temps and another in Arabic, Ezzaman, has failed to win a green light from the government. (...) [113 words] [$1,5]

Breathing Fresh Life into New Town Scheme

A dozen projects were slated in 1999 for the new town of Sidi Abdellah west of Algiers. (...) [98 words] [$1,5]

rabat

A Suitor for Maroc Telecom

The president of Saudi Telecom, Saud Al Duweish, has reportedly approached Maroc Telecom with a proposal to buy it out. (...) [118 words] [$1,5]

Shake-Up and Expansion at Managem

After planting its flag in Gabon and Congo-Brazzaville, the Moroccan mining concern Managem has acquired two gold exploration concessions in Sudan. (...) [104 words] [$1,5]

Marjane Seeks Opportunities in Brazil

Marjane Holding (ONA) is planning to purchase more goods in Brazil for its own central buying offices. (...) [46 words] [$1,5]

Laraki Family in Tie with Berggruen Hotels

India’s Berggruen Hotels group, based in Mumbai, has signed a letter of intent with Filacom Ltd to set up operations in Morocco by investing USD 50 million in several three and four star hotels. (...) [81 words] [$1,5]

tunis

Baccar Places His Men

The governor of the Banque Centrale de Tunisie, Taoufik Baccar, has named three bankers close to him as bosses of state-owned loan establishments. (...) [110 words] [$1,5]

ECONOMICS/BUSINESS


	MOROCCO
	Tozzi
	Tozzi, an Italian construction company, plans to invest in a tourism project in Dakhla bay in Morocco. (...) [17 words] [FREE]


	ALGERIA
	Keolis
	Keolis (France), an affiliate of SNCF, has won a contract to operate the East line of Algiers’ future tramway under a deal worth nearly EUR 50 million. (...) [27 words] [FREE]


	LIBYA
	Huawei
	Huawei and ZTE, two Chinese mobile telephone groups, landed a contract worth USD 75 million to extend the cellular network in Libya. (...) [22 words] [FREE]


	LIBYA
	SNC Lavalin
	SNC Lavalin (Canada) has been selected for a USD 500 million contract to extend the Benina International airport that serves the city of Benghazi in Libya. (...) [45 words] [FREE]


	ALGERIA
	Pigier
	Pigier, a French vocational training institute, has plans to open a dozen private schools in Algeria between now and 2009 and around 50 by 2013. (...) [25 words] [FREE]


	MOROCCO
	Aluminium du Maroc
	Aluminium du Maroc has penned an agreement with India's Oberoi hotel chain to create a 50 hectare hotel complex in Marrakesh. (...) [22 words] [FREE]


	MOROCCO
	SGTM
	SGTM, the Societe General des Travaux du Maroc, was contracted by the Al Amine company to carry out the basic construction work on the Morocco Mall project located along the Casablanca coast road. (...) [33 words] [FREE]


	TUNISIA
	Continental
	Continental, the German car equipment manufacturer, is thinking of relocating its unit that makes car radios to Tunisia. (...) [24 words] [FREE]


	AFRICA
	Argan Capital
	Argan Capital (ex-BMCE Capital), an affiliate of Finance. (...) [57 words] [$1,5]

WHO'S WHO


	MOROCCO
	Keith Zakheim
	An American lobbyist who founded the Avalanche Strategic Communications firm in Hackensack, New Jersey, Keith Zakheim, has won a contract from the Washington-based Moroccan-American Center for Policy to promote Morocco’s image in the U. (...) [50 words] [$1,5]


	ALGERIA
	Slim & Moncef Othmani
	The tax collector is targeting big private Algerian companies. The Nouvelles Conserverie Algerienne (NCA) owned by the Othmani brothers, who are closely linked to Tunisian businessman Moncef Hachicha, have undergone an exhaustive tax inspection lasting several months. (...) [61 words] [$1,5]


	LIBYA
	Mohammed Ebsim
	After several months of turbulence, a new management team has taken over at Libyan Airlines. (...) [88 words] [$1,5]


	ALGERIA
	Belgacem Ait Saadi
	The managing director of the inspection division of Algeria’s finance ministry, Belgacem Ait Saadi, has been dismissed. (...) [39 words] [FREE]


	TUNISIA
	Farhan Faraidooni
	The chairman of the board of Sama Dubai, Farhan Faraidooni, recently ruffled a lot of feathers by stating there was no question of his group financing all of the “Porte de la Mediterranee” real estate project in Tunisia estimated at USD 25 billion. (...) [84 words] [$1,5]