Business – Page 149 – Medafrica Times

Iran opens up to European banks

December 20, 2013 Khalid Al Mouahidi 0

Iran is planning to use some European banks in handling its oil exports transactions. Tehran is expecting western countries to relax their sanctions before eventually […]

Oman : the decade deal

December 17, 2013 Khalid Al Mouahidi 0

Oman’s economy has received another major boost to continue growing after the signing of a three decade deal between the state and British Petroleum (BP) […]

‘’Air Algerie’’ adds 16 aircrafts to fleet

December 16, 2013 Geraldine Boechat 0

‘’Air Algerie’’ has affirmed that it will be increasing its number of fleets to further improve its services both internationally and domestically. Chairman Mohamed Salah […]

Iraq gets jets for defense purposes

December 13, 2013 Steven Addamah 0

Iraq has signed a deal worth $1,1billion to buy T-50IQ fighter jets to boost its air force capacity. Prime Minister Nouri al-Maliki represented Iraq while […]

Algeria : attracting Middle East investors and Kuwaitis in particular

December 10, 2013 Khalid Al Mouahidi 0

Algeria has embarked on a campaign to attract Arab investors after a reform of its laws. The President of the Algerian Chamber of Commerce and […]

Algeria: tax exemption to promote agriculture

November 15, 2013 Steven Addamah 0

Algeria is planning to increase the scope of its tax exemptions for certain domains and regions in its 2014 budget. The decision is in line […]

Libya prepares seafood exportation to the EU

November 12, 2013 Geraldine Boechat 0

The General Manager of Libyan Export Promotion Centre, Moneer Ali Assar, has revealed plans of their desire to compete for a place in the European […]

Mauritania gets first wind plant

November 7, 2013 Geraldine Boechat 0

Mauritania has commissioned its first wind turbine for the generation of electricity with Spanish company Gamesa. The deal will lead to the installation of 15 […]

Qatar Petroleum eyes international expansion to resist global competition

October 4, 2013 Geraldine Boechat 0

Qatar’s energy minister Mohammed Bin Saleh Al-Sada has stated that there are plans to make Qatar Petroleum (QP) a worldwide leading company in the sector […]