Archives n°849 du 02/10/2008 @Maghreb Confidential

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Maghreb Confidential /Archives

Archive n° 849 - 10/02/2008

Gaelle Arenson

MOROCCO

Editor in Chief

Real Estate Market Looks Shaky

Experts are wondering whether Morocco’s property market is slipping into crisis or merely turning a little cool. Market professionals, whether they be solicitors, agencies or banks, have all noted a dip in business. (...) [302 words] [$7]

LIBYA

Libya: Still No American Ambassador

The U.S. Senate is blocking the appointment of Gene Cretz as ambassador until Tripoli pays its contribution to a fund for victims of terrorism. (...)

algiers

Belkheir in Poor Health in Paris

President Abdelaziz Bouteflika’s former chief-of-staff, Larbi Belkheir, who was “sent into exile” three years ago to serve as Algerian envoy to Rabat, has been treated in Paris for the past three weeks for abdominal pain. (...) [135 words] [$2,1]

Question Mark over Foreign-Controlled Projects

Sonatrach will henceforth hold a majority in petrochemical projects in Algeria, as it already does with refinery programs, following legislation on Sept. (...) [118 words] [$2,1]

Government Turns Up Heat on Car Makers

The government appears to still resent the fact that Renault and Peugeot decided to install car assembly plants in Morocco. (...) [88 words] [$2,1]

rabat

Fighting for Influence in Belium’s Islamic Community

King Mohammed VI has appointed the first president of the Counseil Superieur des Oulemas for the Moroccan community in Europe. (...) [66 words] [$2,1]

Kuwaitis Still Betting on Morocco

The Consortium Maroco-Koweitien de Developpement (CMKD) composed of the Kuwaiti Investment Authority, CDG, BP, Public Institution for Social Security in Kuwait, has just set up a new equity fund with an initial capital of DH 7. (...) [99 words] [$2,1]

New French Electronics Plant

Adetel, a Lyons-based French sub-contractor that specializes in electronics goods, is to inaugurate a new plant in Morocco under the name CMS Electronique. (...) [83 words] [$2,1]

Imtech to Equip Dutch Frigates

Imtech Marine & Offshore, an affiliate of Holland’s Imtech Marine Group, has won a contract to supply electrical equipment (“power automaton, power management, integrated digital ship’s bridge) for three Sigma multi mission frigates that are to be delivered to the Morocco’s Marine Royale. (...) [80 words] [$2,1]

tunis

Bidding to Open for Second Private Power Plant

Tunisia’s energy ministry will stage a meeting on Oct. 6 for potential investors in Tunisia’s second private power plant, a 1,200 MW facility at Haouaria (Cap Bon) that will export 800 MW to Italy. (...) [90 words] [$2,1]

ECONOMICS/BUSINESS


	ALGERIA
	Bruno P. Hartkohp
	Bruno P. Hartkohp (Germany) was retained by Algeria’s Direction de la Police Nationale to supply paper, film and other photographic goods under a EUR 636,000 contract. (...) [26 words] [FREE]


	TUNISIA
	Prodelec North Africa
	Prodelec North Africa, an affiliate of France's Prodelec Group in Tunisia that specializes in making serigraphic screens for the micro-electronic industry, has begun operating. (...) [54 words] [$2,1]


	TUNISIA
	Cooper Industries
	Cooper Industries (U.S.), a group that makes electrical and electronics goods, has opened a representative outset in Tunisia to sell its goods and see to after-sales service. (...) [37 words] [FREE]


	ALGERIA
	Enhyd & Stucky
	Enhyd & Stucky, an Algerian-Swiss consultancy has been contracted to oversee construction of the Timiaouine dam in the Adrar zone in southern Algeria under a 39. (...) [29 words] [FREE]


	LIBYA
	Libyan Investment Authority
	Libyan Investment Authority could buy a 10% minority stake in Telecom Italia worth between EUR 2 to 3 billion. (...) [55 words] [$2,1]


	ALGERIA
	Sonatrach
	Sonatrach (Algeria) has initialed a EUR 24 million contract with the Iranian concern Nastaran Electric to build a power network in southern Algeria, at the oil base of Haoued El Hamra. (...) [31 words] [FREE]


	LIBYA
	ENI
	ENI (Italy) has finalized an agreement with the Russian giant Gazprom to share operating the huge Elephant oil field in Libya. (...) [41 words] [FREE]

WHO'S WHO


	FRANCE/LIBYA
	Boris Billon
	President Nicolas Sarkozy’s Arab affairs adviser, Boris Boillon, was one of the rare French officials to attend a reception thrown at the Pavillon Dauphine in Paris on Sept. (...) [136 words] [$2,1]


	FRANCE/TUNISIA
	Jean-Marc Fedida
	Lawyer Jean-Marc Fedida who is reportedly close to legislator Arnaud de Montebourg and Anne Meaux, the head of the Image7 agency that is under contract to brush up Tunisia’s image in France, is going to work on the case of Tahar El Materi, president of the ADWYA laboratory (and uncle of Sakher El Materi, son in law of president Zine el Abedine Ben Ali). (...) [98 words] [$2,1]


	LIBYA/EUROPEAN UNION
	Benita Ferrero Waldner
	The European Commission in Brussels is putting the final touches to a first cooperation agreement with Libya. (...) [43 words] [FREE]


	ALGERIA
	Slim Othmani
	In response to an article about him in a recent issue, Slim Othmani wrote to say the company he ran NCA Rouiba, had not been subjected to a tax inspection. (...) [73 words] [$2,1]