Archives n°854 du 06/11/2008 @Maghreb Confidential

My Account

E-mail

Password

Reminder

Create an account

Maghreb Confidential /Archives

Archive n° 854 - 11/06/2008

Gaelle Arenson

NORTH AFRICA

Editor in Chief

A French Banker's Strong Connections in North Africa

Although he was forced to step down as the powerful boss of France’s Caisse d’Epargne when it was discovered that a trader had lost EUR 750 million of the establishment’s money, Charles Milhaud will remain president of Oceor, the plum financial affiliate of the group, according to the Mediapart website. (...) [328 words] [$7]

ALGERIA

Algeria: ArcelorMittal is slashing costs to avoid layoffs at its Annaba unit

Algiers is asking itself whether a projected EUR 1.5 billion steelworks will indeed be built at Jijel. (...)

algiers

Sellal Calls on the US Water Expertise

Algeria urgently needs to build up its capacity to produce fresh water (desalination projects, dams) and would like the Americans to help in the endeavor, on the planning and construciton level and in providing technical assistance. (...) [114 words] [$2,1]

Rolling Mill Project at Oran

According to our sources, the Turkish steel company CIS has been given a green light by the Algerian authorities to build a rolling mill at Oran that will cost an estimated EUR 100 million and provide 1,000 jobs. (...) [145 words] [$2,1]

rabat

OCP in New Push at Jorf Lasfar

After inaugurating a phosphoric acid plant under the name Pakistan Maroc Phosphere - it is jointly owned with the Fauji group that manages pensions of the Pakistani armed forces -the Office Cherifien des Phosphates (OCP) will launch a joint venture later this month with Brazil’s Bunge at Jorf Lasfar. (...) [234 words] [$2,1]

IFC Joins Chaabi in Cement Project

The International Finance Corp., private investment arm of the World Bank, is to invest in building up the Chaabi group’s capacity to produce cement. (...) [134 words] [$2,1]

tunis

CEA To Train Tunisian Experts

The Societe Tunisienne d’Electricite et de Gaz (STEG), which is spearheading a project to build a nuclear power plant, has just sent 10 of its engineering staff to France’s Commissariat a l’Energie Atomique for a training course. (...) [108 words] [$2,1]

Trabelsi Heads Private Airline Venture

A merger between two private Tunisian carriers, Nouvel Air and Karthago Airlines, has left tycoon Belhassen Trabelsi as sole boss of the merged entity named Nouvelair. (...) [70 words] [$2,1]

Leila Wants to Develop Kerkennah Islands

On Oct. 29, the president's office decided on a plan to develop the Kerkennah islands in the Sfax region. (...) [70 words] [$2,1]

ECONOMICS/BUSINESS


	TUNISIA
	MCSA
	MCSA (France) has opened an affiliate in Tunisia specializing in manufacturing high precision mechanical and electronic sub-assemblies for the aeronautics industry. (...) [32 words] [FREE]


	TUNISIA
	Kooli
	Kooli (Tunisia) has opened a new unit to treat waste paper in Tunisia. (...) [47 words] [$2,1]


	FRANCE/NORTH AFRICA
	Chambre de Commerce Franco-Arabe
	Chambre de Commerce Franco-Arabe, which is chaired by former French foreign minister Herve de Charrette, recommended a new membership rate during a board meeting on Oct. (...) [53 words] [$2,1]


	TUNISIA
	Eurowind
	Eurowind (Sweden) is setting up its first affiliate outside of the EU in Tunisia. (...) [48 words] [$2,1]


	LIBYA
	Wangdee Engineering and Construction Co Ltd
	Wangdee Engineering and Construction Co Ltd (Thailand) has landed a EUR 30. (...) [20 words] [FREE]


	MOROCCO
	Credit Immobilier et Hotelier
	Credit Immobilier et Hotelier (Morocco) has retained Fiserve, an American company quoted on NASDAQ, to supply a system to detect money laundering that meets with new regulations of the Banque Centrale du Maroc. (...) [33 words] [FREE]


	TUNISIA
	Alcatel Lucent
	Alcatel Lucent has signed a partnership agreement to supply call center and Voice over IP solutions in Tunisia and Libya with the Tunisian concern TTE that belongs to the One Tech Group. (...) [32 words] [FREE]

WHO'S WHO


	LIBYA
	Issa Abdelmadjid Mansour
	Bloody riots that left two dead and 19 injured in the city of Koufra (in which the Toubou community is the biggest ethnic group) some 1,900 km south east of Tripoli have cast a spotlight on Issa Abdelmadjid Mansour, secretary of the Toubou Front for the Liberation of Libya. (...) [136 words] [$2,1]


	LIBYA
	Mustafa Zarti
	The executive general manager and vice chairman of the powerful Libyan Investment Authority, Mustafa Zarti, got married in Libya three weeks ago. (...) [75 words] [$2,1]


	TUNISIA
	Karel Lannoo
	A raft of financial services specialists were in Tunis last week to attend the Salon des Services Bancaires et de la Monetique. (...) [127 words] [$2,1]