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| INVESTMENT
NEWS |
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| News |
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News
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7 | News found :
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Algeria willing to increase gas exports to European markets |
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17-06-2009-
ALGERIA |
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Algeria, the third largest gas producer in the world, is exploring ways to export 85 billion cubic meters per year over the next five years, against 62 billion cubic meters in 2009. |
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Unemployment hits record in Middle East |
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16-06-2009-
ALGERIA, PALESTINIAN AUTHORITY, CYPRUS, EGYPT, EUROMED, ISRAEL, JORDAN, LEBANON, LIBYA, MALTA, MOROCCO, SYRIA, TUNISIA, TURKEY |
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International Labour Organisation (ILO) predicts a 25% increase in unemployment in the MENA region in 2009 compared with 2007. A sombre outlook that could worsen if the global crisis deepens in the coming months. |
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Oil giant Sonatrach awards construction contracts to foreign operators |
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15-06-2009-
ALGERIA |
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Algerian oil company has granted oil and gas contracts to Japanese JGC Corp. and Swiss firm ABB. The contracts include the renovation of several oil and gas plants, and the creation of new ones. |
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Once neglected, real estate reaches new heights in Algeria |
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10-06-2009-
ALGERIA |
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Despite the global slowdown and new restrictive laws hitting foreign investors, the Algerian real estate sector lures more and more investment projects. |
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Gas: Algiers sees new export perspectives with Galsi pipeline |
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04-06-2009-
ALGERIA |
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Algerian Energy Minister declared that the construction of the Galsi pipeline will start in 2010. The 1,470 km-long pipeline will give Algeria the capacities to export up to 8bn metres of gas per year to Italy. |
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While global crisis affects FDI flows, MENA economies remain resilient |
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03-06-2009-
ALGERIA, PALESTINIAN AUTHORITY, CYPRUS, EGYPT, EUROMED, ISRAEL, JORDAN, LEBANON, LIBYA, MALTA, MOROCCO, SYRIA, TUNISIA, TURKEY |
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According to a study published in April 2009 by the UNCTAD, Middle East and North Africa countries have been relatively spared by the impact of the crisis compared with both developed and emerging countries worldwide. |
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Algerian government willing to tackle youth unemployment |
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02-06-2009-
ALGERIA |
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Prime Minister Mr Ouyahia recently detailed the new youth-focused economic approach of the Algerian government. The government presents the battle against youth unemployment as a strategic step to permanently reduce illegal immigration towards Europe. |
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World Bank: MED investment promotion institutions can do better |
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26-05-2009-
ALGERIA, PALESTINIAN AUTHORITY, CYPRUS, EGYPT, EUROMED, ISRAEL, JORDAN, LEBANON, LIBYA, MALTA, MOROCCO, SYRIA, TUNISIA, TURKEY |
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In its 2009 Global Investment Promotion Benchmarking, the World Bank takes good note of the improvements achieved by MENA promotion organisations. The region still ranks second to last, ahead only of sub-Saharan Africa. |
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North African banks remain sound but tough challenges lie ahead, S&P says |
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04-05-2009-
ALGERIA, EGYPT, LIBYA, MOROCCO, TUNISIA |
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According to Standard & Poor's analysts, poorly linked to the international financial system, the banking sector in North Africa has not been exposed to toxic assets. Despite the global slowdown, North Africa is likely to avoid economic recession. |
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OPEC : low oil price has a 'big impact' on investments |
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27-04-2009-
ALGERIA |
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According to OPEC's secretary general, M. Abdullah al-Badri, the fall in oil prices prevent OPEC producers from investing in production, with 35 out of 165 projects put on hold until 2013. |
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