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COMPANIES

MAGHREB CONFIDENTIAL n°1004 - 02/02/2012
TUNISIA
YKH Holding
YKH Holding, the Tunisian group headed by Tarek Hamila, is facing the prospect that it might have to abandon its core business, duty free. (...)  [133 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1004 - 02/02/2012
LIBYA
National Oil Company
National Oil Company (NOC) in Libya is planning to reopen its steam cracking unit in Ras Lanuf during the first quarter of 2012. (...)  [54 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1003 - 26/01/2012
LIBYA
Development Bank
Development Bank, a state-owned establishment in Libya, is thinking of launching an "industry support fund" with 20 billion dinars ($11. (...)  [44 words]   [FREE]
MAGHREB CONFIDENTIAL n°1003 - 26/01/2012
NORTH AFRICA
Dana Petroleum
Dana Petroleum is counting on doubling its output to 100,000 barrels per day by 2016 and on spending over GBP3 billion in doing so. (...)  [80 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1003 - 26/01/2012
ALGERIA
Wagon Pars
Wagon Pars, an Iranian manufacturer of train locomotives and cars, is thinking of building an assembly plant in Algeria to cover the North African and African markets. (...)  [64 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1002 - 19/01/2012
TUNISIA/FRANCE
UBCI
UBCI (Union Bancaire pour le Commerce et l'Industrie), the Tunisian subsidiary of France's BNP Paribas, has appointed Alain Biscaye as its new general manager. (...)  [97 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1002 - 19/01/2012
LIBYA/TUNISIA
Top Oilfield Services
Top Oilfield Services, an oil services company owned by Mohamed Fethi Somrani that operates on the Tunisian and Libyan markets, has set up an affiliate in Paris run by Mohamed Saleh Somrani. (...)  [70 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1001 - 12/01/2012
NORTH AFRICA
IPEMED
IPEMED (Institut de Prospective Economique du Monde Mediterraneen), the Franco-Mediterranean business think tank headed by Jean-Louis Guigou, its organizing its next breakfast seminar on February 10 on the theme of “Is German industry in the Mediterranean a model of co-development. (...)  [105 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1001 - 12/01/2012
MOROCCO
Monsanto
Monsanto has begun selling its weedkiller Roundup in Morocco at farming goods centers in the regions of Ait Attab in the center and Asilah in the north, according to our sources. (...)  [123 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1001 - 12/01/2012
MOROCCO
ST-Ericcson
ST-Ericcson has written to us concerning our article STMicroelectronics to wave goodbye? (...)  [35 words]   [FREE]
MAGHREB CONFIDENTIAL n°1000 - 05/01/2012
NORTH AFRICA
IFC
IFC (International Finance Corporation), its parent institution, the World Bank, and the Islamic Development Bank are all working on setting up an investment fund for infrastructure in the Arab world. (...)  [100 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1000 - 05/01/2012
TUNISIA
Banque d’Affaires de Tunisie
Banque d’Affaires de Tunisie (BAT), a unit of the State-owned Societe tunisienne de Banque which is run by Habib Karaouili, is working on a project to establish a €50 million equity fund. (...)  [72 words]   [$2,1]
MAGHREB CONFIDENTIAL n°999 - 22/12/2011
NORTH AFRICA
BearingPoint
BearingPoint is involving itself in the Desertec solar project. The Paris outpost of the consultancy is organizing a conference on Jan. (...)  [118 words]   [$2,1]
MAGHREB CONFIDENTIAL n°999 - 22/12/2011
LIBYA
Arrawafed Oil Services
Arrawafed Oil Services, a Libyan oil engineering and services company, has inaugurated a subsidiary under the same name in Sfax, Tunisia. (...)  [45 words]   [FREE]
MAGHREB CONFIDENTIAL n°998 - 15/12/2011
MOROCCO
ONE
ONE (Office National de l’Electricite) in Morocco could shortly be granted a EUR 290 million loan from the European Investment Bank (EIB) to extend its power transmission network. (...)  [104 words]   [$2,1]
MAGHREB CONFIDENTIAL n°998 - 15/12/2011
NORTH AFRICA
Ipemed
Ipemed (Institut de Prospective Economique du Monde Mediterraneen) has a new president, Jean-Louis Chaussade, managing director of Suez Environnement. (...)  [102 words]   [$2,1]
MAGHREB CONFIDENTIAL n°997 - 08/12/2011
TUNISIA
Tunisian Navy
Tunisian Navy, a normally discreet service, has called for bids to buy a decidedly unmilitary vessel: (...)  [136 words]   [$2,1]
MAGHREB CONFIDENTIAL n°997 - 08/12/2011
ALGERIA
Ubifrance
Ubifrance is organizing a trip to Algeria on January 23-24 to look into the prospects for franchising. (...)  [81 words]   [$2,1]
MAGHREB CONFIDENTIAL n°996 - 01/12/2011
TUNISIA
AFD
AFD (Agence Francaise de Developpement) is to finance an appraisal study of a plan to upgrade Tunisian hotels launched in 2005 by the Tunisian government. (...)  [79 words]   [$2,1]
MAGHREB CONFIDENTIAL n°996 - 01/12/2011
MOROCCO
Cargotec
Cargotec, a Finnish company, is going to deliver two new coal unloading cranes to the Jorf Lasfar Energy Co (JLEC) which operates the power plant at Jorf Lasfar on Morocco’s Atlantic coast. (...)  [86 words]   [$2,1]
 
MAGHREB CONFIDENTIAL n°1004 - 02/02/2012
MOROCCO
EIB
EIB, the European Investment Bank, seems particularly well-disposed towards Morocco’s royal palace these days. (...)  [147 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1004 - 02/02/2012
TUNISIA
Correction: Cérès Editions -
Correction: Cérès Editions - Following publication of an article entitled “Publisher Ceres goes out in style” in our January 26 edition (MC n°1003), Karim Ben Smaïl, the managing director of Ceres Editions, contacted us to say that the publishing company “is in very good health”. (...)  [90 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1003 - 26/01/2012
LIBYA
Libyan Central Bank
Libyan Central Bank (LCB) and the country's finance ministry are thinking of proceeding with an international bond issue to cover the country's budget deficit in 2012 (see Page 1). (...)  [102 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1003 - 26/01/2012
ALGERIA
Benamor
Benamor, an Algerian food and drink group headed by Mohamed Laid Benamor, plans to build a 2,000-bed holiday resort in the El Tarf region along the border with Tunisia. (...)  [95 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1002 - 19/01/2012
LIBYA/JAPAN
ANRE
ANRE (Agency for Natural Resources & Energy), which answers to Japan’s economy, trade and industry ministry and is headed by Yukio Edano, is seeking to build up its business ties with “new” Libya. (...)  [72 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1002 - 19/01/2012
TUNISIA/FRANCE
VDI Group
VDI Group, a French firm that deals in batteries, storage batteries and other consumables for the health sector, is beefing up its operations in Tunisia. (...)  [80 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1002 - 19/01/2012
TUNISIA
AB Serve
AB Serve, a French sub-contractor for car companies and automotive equipment firms, and which specializes in managing spares, has established an outpost in Tunisia. (...)  [40 words]   [FREE]
MAGHREB CONFIDENTIAL n°1001 - 12/01/2012
TUNISIA
Grimaldi
Grimaldi is beefing up its operations in Tunisia. The Naples-based shipping logistics group has teamed up with a Tunisian company, N-Younsi (which owns Genmar Tunisie, Con-Tra Tunisie and Royal Trading Rades) headed by Noureddine Younsi, to form the Societe Maritime Grimaldi Tunisie. (...)  [68 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1001 - 12/01/2012
LIBYA
Gide Loyrette Nouel
Gide Loyrette Nouel will be represented by its partner Hugues Scalbert at a conference on Libya’s reconstruction that’s being organized by Ubifance, and of which he’s a sponsor. (...)  [58 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1000 - 05/01/2012
LIBYA
Bull
Bull doesn’t seem to scare easily. The French computer giant was among companies that accompanied the junior minister for foreign trade, Pierre Lellouche, to Tripoli on Dec. (...)  [138 words]   [$2,1]
MAGHREB CONFIDENTIAL n°1000 - 05/01/2012
MOROCCO
ONICL
ONICL, the Office National Interprofessionnel Marocain des Cereales et des Legumineuses, has decided to maintain its suspension of import duties on durum wheat and soft wheat until the end of February. (...)  [89 words]   [$2,1]
MAGHREB CONFIDENTIAL n°999 - 22/12/2011
TUNISIA
Hachicha
Hachicha, a Tunisian family holding company founded by Mohsen Hachicha, has ventured into the hardware and furnishings sectors, a risky area because of competition from the black market. (...)  [90 words]   [$2,1]
MAGHREB CONFIDENTIAL n°999 - 22/12/2011
MOROCCO
Club Med
Club Med is continuing its convalescence after its annus horribilis in 2009 that prompted its Moroccan shareholder, CDG, to sell off its stake in the French group at the end of 2010. (...)  [60 words]   [$2,1]
MAGHREB CONFIDENTIAL n°999 - 22/12/2011
MOROCCO
Tasweek Real Estate
Tasweek Real Estate, a property concern based in Abu Dhabi, is putting its money on the Moroccan market and particularly on Marrakech, where it has just opened an agency. (...)  [98 words]   [$2,1]
MAGHREB CONFIDENTIAL n°998 - 15/12/2011
MOROCCO
Bearingpoint
Bearingpoint, which recently inaugurated its Moroccan bureau (MC 980) is eager to work with the country's authorities. (...)  [84 words]   [$2,1]
MAGHREB CONFIDENTIAL n°998 - 15/12/2011
NORTH AFRICA
IACE
IACE (Institut Arabe des Chefs d’Entreprises) in Tunisia has signed an agreement with the International Finance Corp. (...)  [74 words]   [$2,1]
MAGHREB CONFIDENTIAL n°997 - 08/12/2011
TUNISIA
EBRD
EBRD (European Bank for Reconstruction and Development) is about to conduct a sweeping review of Tunisia’s transportation sector to identify private companies that might want loans from it. (...)  [115 words]   [$2,1]
MAGHREB CONFIDENTIAL n°997 - 08/12/2011
ALGERIA
Cevital
Cevital, the group headed up by Issad Rebrab, hopes to be producing half of Algeria’s potato seeds, or 100,000 tons per annum, by 2015. (...)  [78 words]   [$2,1]
MAGHREB CONFIDENTIAL n°996 - 01/12/2011
TUNISIA/LIBYA
LAFICO
LAFICO (Libyan Arab Foreign Investment Company) has begun disposing of some of its property assets in Tunisia. (...)  [102 words]   [$2,1]
MAGHREB CONFIDENTIAL n°996 - 01/12/2011
ALGERIA
Azadea
Azadea, a Lebanese franchise operating mainly in the Gulf, plans to open a second Mango ready-to-wear shop in Algeria, in the Bab Ezzouar shopping mall. (...)  [74 words]   [$2,1]

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