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: May 3, 2016
QATAR. Fund announces the acquisition of minority stakes in the capital of BS Invest in Tunisia, Cap Retail in Morocco, and Investex Algérie in Algeria.
Posted: January 27, 2016
UAE. Attraction and international mobility are key to national success and prosperity; UAE ranks number one in sustainability of retaining talent and night-safety of employees; Among global top 10 in use of social and virtual networks for career growth; Social mobility rankings within global top 10.
Posted: January 12, 2016
ALGERIA. Abraaj partners with the founders to strengthen CEPRO's market position, increase production, and diversify its product portfolio.
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.
date:Posted: May 26, 2016
UAE. The 85% rally since Brent hit a 12-years low in Jan was supported by multiple factors, mainly oil disruption from major exporters and production cut back by U.S. shale.