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: July 25, 2014
INTERNATIONAL. Investigators at the scene of the crash had concluded the airliner broke apart when it hit the ground, suggesting it was unlikely to have been the victim of an attack.
Posted: July 24, 2014
ALGERIA. "I can confirm that it has crashed," an Algerian official said, declining to give any details about what had happened to the aircraft on its way north.
Posted: July 15, 2014
UAE. 81% state finding a job is the biggest challenge, with banking and finance being the preferred industry to work in.
Posted: July 12, 2014
QATAR. Global spending on energy subsidies totaled US$492 billion in 2011. Middle East and North Africa countries alone accounted for nearly half of that amount, making the burden of subsidies on public resources quite substantial.
Posted: July 1, 2014
UAE. 55% claim that important decisions and vital meetings are not postponed till the Holy Month is over, according to the latest Bayt.com "Ramadan in the MENA Workplace" poll.
Posted: May 23, 2014
ALGERIA. "The worldwide conversion from paper identity documents to eDocuments is continuing and Gemalto expects that over 50% of passports in circulation in 2017 will embed a microprocessor."
Posted: May 21, 2014
KUWAIT. Based on industry estimates, healthcare spending in the region reached US$69.6 billion. In absolute terms, Saudi Arabia led the region with US$17.5 billion followed by the UAE's US$9.4 billion.
Posted: May 1, 2014
INTERNATIONAL. Only 2% of the Middle East's people live in free media environments; Significant deterioration took place in Jordan and to a lesser extent in Iraq and the United Arab Emirates.
Posted: April 23, 2014
UAE. DSC will undertake the civil construction portion of the project; The development comprises of multi-storey residential units which also contain commercial retail space in the capital city.
Posted: April 23, 2014
UAE. The Middle East and Africa (MEA) enterprise hardware market, comprising servers and external storage, remains in a passive state according to the latest figures released by International Data Corporation (IDC).
Posted: April 21, 2014
ALGERIA. The phone company is striving to reduce $27.5 billion of debt accumulated partly from acquisitions of assets in Italy, Algeria and Asia from Egyptian billionaire Naguib Sawiris.
Posted: February 24, 2014
UAE. 90% of jobseekers in the Middle East and North Africa, say companies should position themselves as great places to work, according to Bayt.com survey.
Posted: December 10, 2013
INTERNATIONAL. Output from Saudi Arabia fell to a five-month low of 9.63 million barrels a day last month from 9.71 million in October, according to OPEC's monthly report.
Posted: December 5, 2013
INTERNATIONAL. A new research report by Jones Lang LaSalle on Africa, reveals that, as the world's most rapidly urbanising continent, the Sub-Saharan African commercial real estate market is primed for a "once in a lifetime" positive growth opportunity.
Posted: December 3, 2013
ALGERIA. GDP growth is expected to slow to 2.7% in 2013 from 3.3% in 2012, reflecting continued decline in hydrocarbon sector as well as the impact of fiscal consolidation.
date:Posted: July 30, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.