First Independent Mena Newspaper
Tunisian businessmen expressed interest Algeria’s furniture and interior design market and showed their willingness to develop partnerships with their Algerian counterparts in the sector. The director of the Tunisia program of ‘Export to Algeria,’ Riadh Bezzarga, said that the sector is “flourishing” in Algeria and it has a “great potential” to grow especially when the […]
Archaeologists in Egypt have made a great discovery. They have discovered the pyramid of one of the most influential person during the era of the pharaohs. According to the minister for antiquities, Mohammed Ibrahim, a pyramid dating back to more than 3,000 years which was built for an advisor to King Ramses II has been […]
OMV, the Austrian oil and Gas Company which is partly owned by Abu Dhabi, has recently posted a 25 per cent rise in revenues after the revival of its production in Libya which was forced to halt when the uprising gained momentum. The company’s overall oil and gas production increased by 5 per cent last year with much of […]
Libya has announced new oil and natural gas discovery in the Ghadames basin southwest of Tripoli, opening new prospects for the battered economy of the North African country. This new oil & gas find was made by the Libyan National Oil Corporation (NOC) and Algerian state-owned Sonatrach. The discovery consists of one oil field with […]
As Tunisia is at grips with a seemingly inextricable political situation, rating agencies continue to reduce its standings, in an unnecessary additional evidence that the country’s economy is not faring any better than politics. The latest of these agencies is Standard & Poor’s Ratings Services# which lowered Tunisia’s long-term foreign and local currency sovereign credit ratings […]
The drop of benefits prompted banks, fast earning mongers, to proceed to a wave of dismissals. In 2011, Barclays already split up with more than 4,400 employees, Crédit Suisse planned to expel 2,000 persons and Lloyds Banking Group, 10,000. The massive suppression of jobs is a trend that has affected the financial world for many […]
Longreach oil and gas limited, an independent oil and gas company holding exploration and near term development licences in Morocco, announced earlier this week that it has completed its 2D seismic program on the operated Sidi Moktar Licence, near Marrakesh, onshore Morocco. The program was completed according to the scheduled deadlines and budget, the company […]
Conergy has made its entry into the Tunisian solar market to begin its operation in North Africa. The German company has been allowed by authorities to install a solar plant in the desert area of Ben Guardane in Medenine. The plant will be covering 4,000m2 with a capacity of 210KW which will be used in […]
Economic transactions between Algeria and Spain has not seized to increase and it continues “to be more and more important,” according to the Consul General of Spain in Oran, José Manuel Rodriguez. Such fruitful relationships have led to the recent creation of an Algerian-Spanish Trade and Industry Circle (CCIAE) which will be located in El […]
Scientists are turning back towards Egypt’s ancient paintings to develop new technologies and enhance better medical devices. A pigment know as the Egyptian blue has been considered by the Journal of the American Chemical Society as having clues which can be used by modern scientists towards the development of new nanomaterials with potential uses in […]