Algeria: Scandal at the top
In a report released by Saipem, an Italian oil service group claims that millions of dollars of its fund has been frozen by Algerian authorities […]
Business
Algeria: the government’s ban, Djezzy and the Russian Vimpelcom
Algeria is on the verge of nationalizing Djezzy as negotiations with Russian mobile firm, Vimpelcom, a major stake holder in the company continue. Vimpelcom has […]
Libya, Egypt & Sudan Mull Setting Up Mining Fund
Libya, Egypt & Sudan are considering the possibility of setting up a joint mining fund destined to finance projects in Arab countries and to study […]
Mauritania: fishing licenses granted to Algerian operators
A Memorandum of Understanding (MoU) between Mauritania and Algeria is at its final stages. The MoU is with regards to fishing licenses being granted to […]
Deutsche Bank gives Tunisians hope
Deutsche Bank has tipped the Tunisian economy to expand by 3% during the course of the year in a report it has recently released. The […]
Algeria, Turkey to Build Steel Plant in Oran
The National Agency for Investment Development (ANDI) and a Turkish company registered in Algeria as Tosyali Iron & Steel Industry-Algeria have signed an agreement to […]
Algeria: A Promising Market For Foreign Investors
Algeria has been described as an “emerging,” “stable” and “promising” market offering huge opportunities for foreign investors by the Bureau of Economic and Business Affairs […]
Tunisia: Qtel group becomes Ooredoo
Qtel group which has a controlling interest in Tunisiana has announced that it will change its brand to Ooredoo and its companies which also include […]
Libya, Turkey Determined to Boost Trade
Libya and Turkey have voiced determination to increase their trade by over 25% this year. The Turkish economic minister, Zafer Caglayan, said Ankara and Tripoli […]
Tunisia tops Thomas Cook’s destination list
Thomas Cook has announced that Tunisia is the biggest travel trend for people in the United Kingdom according to data gathered on its site between […]