ALGERIA. The Algerian government plans to privatise Algérie Telecom in the first half of the year, Communications Minister Boudjema Haichour said this week.The Minister stressed, however, that the state would maintain a majority stake in the firm. The government is seeking to partner with a foreign company in order to bring more technological added value. Companies interested in the estimated US$3 billion deal include Etisalat, France Telecom, Telefonica, Portugal Telecom and Deutsche Telecom. Algérie Telecom operates 3.5 million fixed lines, 4.0 million mobile lines and provides Intern
Posted: September 30, 2015
UAE. While the Kingdom of Saudi Arabia, UAE and Egypt can ride the drop in oil prices, growth prospects of Algeria and Nigeria will be severely compromised.
Posted: August 24, 2015
UAE. Fund will target well managed, mid-market businesses in Egypt, Morocco, Algeria and Tunisia; Abraaj raises US$1.37 billion for the African continent in 2015.
Posted: August 13, 2015
INTERNATIONAL. Monthly output up 120,000 b/d from June; Saudi Arabia supply climbed 100,000 b/d to 10.45 million; Angola, UAE and Iran increased by 50,000, 30,000 and 20,000 b/d.
Posted: August 12, 2015
UAE. Saudi Arabia and the UAE both witnessed the largest number of deals in 1H 2015, while Algeria led in terms of value.
Posted: August 6, 2015
ALGERIA. Alstom's share of the contract, awarded by EMA, Algeria's public transport operator, amounts to around 80 million euros. The completion is scheduled for 2018.
Posted: June 18, 2015
UAE. New study highlights the uptrends and downtrends in these emerging markets; The region is anticipated to witness around five per cent growth this year due to the gradual shift in investment to non-oil sectors.
Posted: June 15, 2015
UAE. Governments, employers and academic institutions in the MENA region all have a role to play to address labour market inefficiencies, develop national talent, and ultimately drive long-term sustainability into the 21st century and beyond.
Posted: May 11, 2015
UAE. 66% say their salary is lower than other companies in their industry, according to the latest Bayt.com and YouGov Salary Survey; A staggering 87% of UAE respondents have seen the cost of living rise in 2014, with 34% saying that it grew by more than 20%.
Posted: April 17, 2015
INTERNATIONAL. Despite progress in raising school enrolment over the past decade, one in four children and young adolescents are either out of school or at risk of dropping out.
Posted: April 16, 2015
UAE. The UAE is a typical example of how the growth of talents and skills is key to improving competitiveness; Algeria, Libya and Yemen rank in the bottom quartile globally, while most of the GCC countries rank among the top quartile globally.
Posted: April 10, 2015
JORDAN. According to data compiled by webteb.com, the intake of calories throughout the region has steadily risen in recent years, boosted by increased sugar, milk, and meat consumption.
Posted: March 17, 2015
UAE. Regardless of age and industry, the urge to learn is considerable in the Middle East and North Africa, according to a recent survey conducted by Bayt.com.
Posted: March 4, 2015
UAE. 43rd council to operate under the umbrella of Dubai Chamber; Positive step to boost economic cooperation and enhancement of trade and commerce between Dubai and Algeria.
Posted: January 20, 2015
UAE. 61% feel they deserve to work in a higher level position, and 50% state that a key reason for seeking employment is to be financially independent.
Posted: December 17, 2014
ALGERIA. Abraaj completes inaugural investment in Algeria and its first in the logistics sector in North Africa; brings significant experience from logistics investments in the Middle East, Latin America and South East Asia.
date:Posted: October 7, 2015
INTERNATIONAL. President Putin's recent moves in the Middle East-to shore up Bashar al-Assad's regime, and the agreement with Iran, Iraq, and Syria on intelligence and security cooperation-could contribute to Russian efforts to combat the myriad negative pressures on its vital energy industry.
date:Posted: October 7, 2015
IRAQ. Complex jurisdiction in which to operate, from a tax perspective, however the country still offers numerous investment opportunities, particularly in the energy and security sectors.