First Independent Mena Newspaper
Swissport International, a global provider of airport ground services, has been awarded lately a 5-year ground handling licence for Oran International Airport. It is the 2nd contract bagged by the company in Algeria and the third deal gained in North Africa after securing similar licences for Morocco’s major international airports. With these contracts in pocket, […]
An agreement has been reached between Sonde Resources Corporation and the Joint Oil of Tunisia and Libya for the second phase of the exploration of the joint oil block in the Gulf of Gabes The agreement allows the company to defer the three exploratory well obligations into the second phase of the exploration period and […]
A Maltese business delegation has ended its visit to Tunisia and the meetings of the delegates with their Tunisian counterparts have already been described as a success. The visit which was organized by Malta Enterprise# in collaboration with the Maltese embassy in Tunis gave thirteen Maltese companies operating in a wide range of sectors including […]
The United States seeks to promote growth in North Africa through increasing regional integration and expanding trade relations, said U.S. assistant secretary for economic & business affairs, Jose Fernandez. In his opening keynote address at the U.S.-Morocco Business conference held Tuesday in Washington, Mr. Feznandez stressed the importance of North Africa for the U.S. administration […]
The governments of Tunis and Algiers have urged businessmen to capitalize on the investment opportunities given to them in a bilateral cooperation between two countries in order to promote trade and development. Both parties showed their willingness to promote dialogue in their relations and agreed on the elaboration of a roadmap for the development of […]
The Egyptian state oil firm has issued a tender to purchase around 500,000 tons of gasoil for delivery into Mediterranean ports between January and March next year according to a tender document. The tender is for 15 cargoes to be delivered in Alexandria, Egypt’s second largest city and El Dekheila. Bidding ends on the 18th […]
The Portuguese company Galp Energia (Petróleos de Portugal e Gás) announced it has acquired a 50 percent stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. The company acquired the shares under a farm-in agreement with the Australian company, Tangiers […]
Bejaia will be home to an oil terminal in 2015 destined to play a major role in the maritime area of Sidi Ali Lebhar according to the CEO of the Bejaia port company, Djelloul Achour. The project has obtained the Ministry of Energy and Mines approval and has been undertaken by Laboratory of Maritime Studies […]
Libya has offered its neighboring country, Tunisia, a financing assistance to promote its development. Considered as a duty by Chief Mohamed Magarief of the Libyan General National Congress, the 98 million Euros development assistance package also manifests the bond between the two countries. Libya believes that they are confronted with the same challenges as they […]
At the ongoing forum between Italian and Libyan counterparts, the latter has presented possibilities of establishing Italian businesses in the country. Libya is inviting them to invest in the country. On behalf of the government, deputy minister Ali Ahmed Elsaleh told the Italian investors about their plans and hoped that they will take part in […]