North Africa United

Business

Morocco to auction 4G licences in 2012 - report

Morocco will launch a tender in the autumn to sell 4G licences in a move that may allow the entry of a fourth operator to the market, a business weekly reported on Friday citing the head of the...

Morocco: Exploring alternatives

Looking for fresh ways to revitalise Morocco’s tourism sector, the minister of tourism has suggested several alternative measures be taken this year to boost revenues and tourist arrivals. Both...

Myriem Bensalah Chaqroun, new president of the CGEM

The successor to Mohammed Horani, Myriem Chaqroun Bensalah, president of the company Oulmès mineral waters, is the first woman to be elected head of the employers. The eldest  child of the late...

3G in Algeria: Specification and the three telephone operators "ready," says Benhamadi

The specifications of the 3G and the three operators of mobile telephony "are ready" to launch this technology in Algeria, expected "in the coming weeks," even if the case of Djezzy persists, the...

Phosphates Exports Up 15.7% In April

Morocco’s phosphates exports rose 15.7% to reach over 4.26 billion dirhams in April, against 3.68 the same period last year, Morocco’s foreign exchange regulator Office des Change said. Phosphates...

Maroc Annonces: Pioneering Online Classified Ads in Morocco

Created 12 years ago, by founder Tadjne Filali,Maroc Annonces was the first online classified ads company in Morocco. Once a pioneer and today still a leader in the market, with 60K visitors per day...

Economy: Morocco, slowdown in economic growth, 6-year low

During the first quarter of 2012, economic growth in Morocco saw a net slowdown, sinking, according to the latest figures issued by the High Planning Commission (HCP), to just 2.2 per cent, the...

Jorf Lasfar Phosphate Hub

ADB and AFD fund the construction of the Jorf Lasfar industrial platform.Last Thursday, at the OCP headquarters, the signing of two agreements for loans from ADB and AFD to OCP for a total of about...

Tunisia to Build First Private Oil Refinery

The first private oil refinery in Tunisia is to be built this year. Minister of Industry Mohamed Lamine Chakhari said on Thursday that “the work of building a new oil refinery project will start in...

Salaries: Moroccans top in N.Africa

If the Egyptians had the highest wage increases in 2011, the Moroccan employees remain the highest paid. That at least is what emerges from the traditional Mercer survey on incomes in the world. Need...

Egypt gets US$1 bn from Saudis, clearing IMF hurdle

Saudi Arabia has transferred US$1 billion to Egypt's central bank, an Egyptian minister said on Thursday, in a move seen as helping Cairo secure a $3.2 billion loan from the IMF. Egypt has asked the...

TUI AG narrows loss as tourists return to N Africa

German travel and tourism group TUI AG said demand for holidays in North Africa was recovering, as it reported a smaller than expected second-quarter loss. "The situation in Tunisia is especially...

Tunisia economy grew 2 pct in first quarter-PM

Tunisia's prime minister said on Thursday the economy grew 2 percent in the first quarter of 2012, climbing back from a contraction a year ago. "Despite the difficult conditions the country has gone...

Qatar Telecom's Tunisian unit gets phone licenses

Qatar's largest telecommunications provider said Monday its Tunisiana subsidiary has won licenses to operate fixed-line and 3G mobile services in Tunisia, boosting the Gulf state's influence in the...
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