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: January 18, 2013
ALGERIA. At least 18 foreign hostages were unaccounted for on Friday and their al-Qaeda-linked captors threatened to attack other energy installations after Algerian forces stormed a desert gas complex
Posted: January 17, 2013
ALGERIA. Algeria security forces stormed a gas complex in the southern desert where an al-Qaeda-linked group was holding foreign hostages.
Posted: January 16, 2013
ALGERIA. The attack at a gas field run by British oil giant BP, appears to be the first reprisal against Western interests for a French-backed offensive against jihadists in neighbouring Mali.
Posted: January 8, 2013
UAE. 38% of UAE respondents claim to receive very little or no company support towards achieving a healthy balance, according to Bayt.com and YouGov survey.
Posted: December 14, 2012
MOROCCO. Widespread embrace of World Bank-designed University Governance Screening Card (UGSC), a tool for evaluating institutional performance.
Posted: December 13, 2012
UAE. The 8 countries pushing for more sovereign control over web addresses includes Algeria, Bahrain, Iraq, Saudi Arabia, UAE, Sudan, China and Russia.
Posted: December 3, 2012
UAE. Industry is a regional leader in terms of current employee satisfaction, and respondent perceptions, according to Bayt.com and YouGov survey.
Posted: November 19, 2012
EGYPT. Naguib Sawiris, said it filed a US$5 billion claim against Algeria for allegedly damaging its investment in Djezzy, the country's largest mobile operator.
Posted: November 7, 2012
ALGERIA. The International Air Transport Association outlined five areas in which opportunities exist to further develop aviation in the Middle East and North Africa to benefit the region's economies.
Posted: October 18, 2012
KUWAIT. Kuwait Projects Co (KIPCO) said on Thursday it planned to enter into a "strategic partnership" with Japan's Orix Corp and that the companies were mulling a joint project in Algeria.
Posted: October 16, 2012
UAE. GITEX Technology Week 2012 helps Middle East businesses tap into emerging continent's latent ICT potential.
Posted: October 6, 2012
INTERNATIONAL. Saudi Arabia tops the list with committed investments of US$165 billion, followed by the UAE with US$107 billion. Algeria overtook Qatar and Iran as the third-biggest investor, with US$71 billion of potential spending.
Posted: September 20, 2012
ALGERIA. Launch of 3G services poised to accelerate broadband growth; However, an inefficient regulatory environment threatens the development of the telecommunications industry.
Posted: September 19, 2012
ALGERIA. "There is a lot of pressure on Algeria and its Government to cater to foreign investors and provide them with a proper investment and industrial environment."
Posted: September 7, 2012
MOROCCO. New office underlines IBM's continued expansion strategy in Africa.
date:Posted: May 18, 2013
UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries."
date:Posted: May 17, 2013
EGYPT. The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.