Archives n°853 du 30/10/2008 @Maghreb Confidential

My Account

E-mail

Password

Reminder

Create an account

Maghreb Confidential /Archives

Archive n° 853 - 10/30/2008

Gaelle Arenson

ALGERIA

Editor in Chief

Algeria Fears The End of Oil Bonanza

Darkening clouds over the world economy and the sudden drop in oil price, which plunged to USD 60 per barrel last week - it has since climbed back to USD 68 - are causing a lot of nail-biting among economic planners in Algeria. (...) [351 words] [$7]

ALGERIA

Algiers in Jail Swap

Algiers has freed nine Libyan prisoners and is asking Tripoli to transfer Algerian convicts, including two on terrorism charges, to Algeria. (...)

algiers

Swiss Corp New NCA Partner

The equity fund Swiss Corp has bought a stake in the private Nouvelle Conserverie Algerienne (NCA) which is headed by Slim Othmani and operates on Algeria’s fruit juice market. (...) [178 words] [$2,1]

Accor on Desert’s Doorstep

The Accor group could take over management of the “Les Rostemides” hotel that overlooks the tourism city of Ghardaia on the edge of the Sahara desert. (...) [53 words] [$2,1]

Egyptian Advertisers Shy Away

Egyptian companies operating in Algeria could well reduce their advertising budget for the local press. (...) [84 words] [$2,1]

rabat

Morocco Opts for Italian Planes

France has struck out again when it comes to selling aircraft to Morocco. (...) [73 words] [$2,1]

Galeries Lafayette in Casablanca?

The Aksal group, the main stakeholder in the “Morocco Mall” project in Casablanca alongside the Saudi group Nesk, will meet in Marrakech on Nov. (...) [89 words] [$2,1]

Pizzorno Spreads Wings

The Moroccan empire of Francis Pizzorno, founder and president of the Pizzorno Environnement group, is growing. (...) [81 words] [$2,1]

tunis

British Consultants Shift into Higher Gear

The British group The Economist is intent on following in the footsteps of the Oxford Business Group which has been publishing its “Country Business Intelligence Reports” since 2003. (...) [193 words] [$2,1]

ECONOMICS/BUSINESS


	TUNISIA
	Groupe Bayahi
	Groupe Bayahi has acquired a 65.7% stake in Societe Tunisienne de Verreries (Sotuver) which had previously been the object of a takeover fight between Sevam (Societe d’Exploitation de Verrerie au Maroc) and France’s Saint Gobain. (...) [62 words] [$2,1]


	ALGERIA
	Sodielec
	Sodielec (France) has won a EUR 340,000 contract from Telediffusion d’Algeria to supply and install radio equipment. (...) [18 words] [FREE]


	TUNISIA
	Tunisair
	Tunisair is to outsource its accounting to Mercator in the United Arab Emirates. (...) [20 words] [FREE]


	TUNISIA
	The Djilani Group
	The Djilani Group has agreed to allow the Libyan Arab Foreign Investment Co (LAFICO) increase its stake in the affiliate Confection Ras Jabel (which has a registered capital of 30 million DR and employs a staff of 600). (...) [90 words] [$2,1]


	TUNISIA
	Banque de l’Habitat
	Banque de l’Habitat (BH, Tunisia) has been authorized to help Burkina Faso to create a lending bank based on its own formula. (...) [43 words] [FREE]


	LIBYA
	Naeem Holding
	Naeem Holding, the second biggest Egyptian investment bank quoted on the stock exchange, is to open a representation office in Libya. (...) [21 words] [FREE]


	LIBYA
	Hebei Zhongxing Automobile Co. Ltd
	Hebei Zhongxing Automobile Co. Ltd, which builds Chinese pick-up vehicles, has initialed a contract with Libya to export 5,000 units to the country. (...) [32 words] [FREE]

WHO'S WHO


	FRANCE/ALGERIA
	Larbi Belkheir
	The former chief-of-staff to president Abdelaziz Bouteflika and Algeria’s current ambassador to Rabat, Larbi Belkheir, is to shortly leave France after medical treatment. (...) [77 words] [$2,1]


	ALGERIA
	Amin Zaoui
	The director of Algeria’s national library, Amin Zaoui, was fired on Oct. (...) [68 words] [$2,1]


	ALGERIA
	Said Bouteflika
	The brother and adviser of Algeria's president has visited the family of diplomat Mohamed Ziane Hasseni in visible sign of support for the latter who has been indicted in France for alleged involvement in the murder of the opposition Franco-Algerian lawyer Ali Andre Mecili in 1987 in Paris. (...) [62 words] [$2,1]


	CANADA/LIBYA
	Raynell Andreychuk
	Canadian senator Raynell Andreychuk led a delegation of businessmen to Libya between Oct. (...) [55 words] [$2,1]


	LIBYA
	Farhat Bin Guidira
	The governor of Libya's central bank, Farhat Bin Guidira, is doing his best to promote Libyan investment abroad. (...) [75 words] [$2,1]