First Independent Mena Newspaper
The Palace of Nations is hosting the second national conference on tourism where the stakeholders will have an overview of the 2008-2012 activity report. The gathering was graced by the presence of several government officials and international dignitaries. President Bouteflika’s message addressed to the conference was read on his behalf by one of his advisers, […]
After signing a strategic partnership agreement in February, Huawei and Etisalat Misr have sealed a new contract that will provide the latter with the latest BTS3900 radio base station technology. The deal is meant to improve quality and speed to the Etisalat Misr’s radio network. The BTS3900 will help the Egyptian company to save expenditures […]
Forte Energy NL, an Australian-based minerals company formerly known as Murchison United NL, has sealed a contract with Wallis Drilling Africa. The deal will offer Forte Energy the license to drill almost 5,000m of NQ Aircore in the highly prospective areas close to the A238 prospect at Hassi Baida in Mauritania. The company specializes in […]
The Chief Executive Officer and owner of Cevital, Issad Rebrab has said that the company is expecting to increase its white sugar exportations by 20% this year. To reach its goal, it will be boosting its sugar refining capacity from 750,000 tons to 2,75 million tons. The company has always set its eyes on exporting […]
Air British Petroleum (BP) has penetrated the Tunisian aviation fuel sector through a commercial and technical service agreement with Tunisia’s national oil distribution company, AGIL. The agreement allows service coverage at seven airports, namely Tunis Carthage, Djerba, Enfidha, Tozor, Tabarka, Monastir and Sfax. This is the second agreement of this type being concluded by the company […]
Another discovery has been made by Repsol, a Spanish petroleum company. It discovered gas in Algeria around an area not far from the In Amenas plant which was attacked by terrorists in the beginning of the year. Even though the Spanish company is yet to release an official statement to give details about its finding, […]
Latelec manifested its desire to leave the shores of Tunisia, after a heavy loss due to frequent strikes caused by the revolution. An estimated loss of $22,5million has been registered by the French company which is a subsidiary to the group Latécoère. The company has plants in El Meghira and Charguia but the operations have […]
The economic partnership between Algiers and Paris is in the right direction and both partners are willing to improve on it in order to make it more conducive for national and foreign investors. Minister Rahmani is on a working visit to France to improve the cordial business relationship they share. He will be holding meetings […]
Tatneft, a Russian oil company, has agreed to begin its operations again in Libya after the circumstances of the uprising against Ghadaffi no longer permitted its staff to continue with their daily activities at the Mellitah energy complex. The company said that its staff members have begun returning to the plant which is located in […]
Emaar Misr has announced that it will be increasing its investments showing confidence in the Egyptian real estate market which they expect “to recover very soon in the middle to long term.” The company will be having its total investment portfolio stand at EGP 53billion during the course of the year. Presenting their investment plans, […]