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WORLD NEWS

 

WEEK ENDED FEBRUARY 19, 2001 - 101th ISSUE

Law & Trade Union in Tunisia

The finance commission of the Tunisian trade union UGTT released a report following an investigation on the allegations of embezzlement
against ousted secretary general Ismail Sahbani.

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BUSINESS AND THE ECONOMY

Algeria - Industry
$4 Billion Needed to Upgrade Algeria's Industry

The industrial sector in Algeria needs between $3.5 billion and $4 billion to restructure and modernize. This assessment was made by industry and restructuring minister Abdelmajid Menasra during a seminar on industrial policy issues organized by two UN institutions (UNPD and UNIDO) and Algeria's National Center for Textile and Leather Industries...
[continue here]
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Moroccan Banking
Head of CIH Says Reform is Well Underway

Crédit Immobilier et Hôtelier (CIH) chief executive Abdelouahed Souhail says that the real estate bank's reform program is well underway and that mismanagement scandals are a thing of the past...
[continue here]
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Market Insider
Moroccan Commercial Vehicle Market: 2000 Review

Industry data say the heavy trucks market declined in 2000. Shipment of trucks and buses declined by 11.0% to 4,118 units sold as of the end of December 2000 against 4,628 units in 1999...
[continue here]
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Algeria - Energy
TALKS OF MEGA MERGER IN ALGERIA

Algeria's two biggest companies, oil and gas producer Sonatrach and utility firm Sonelgaz are preparing a merger that will create a giant corporation employing hundreds of thousands of workers... [continue here]
[non-paying readers, click here]

Market Insider
Strong Growth of Cement Production in Morocco

Output of cement in Morocco rose 24.3% year on year with 623,982 tons sold as of the end of January 2001 compared to... [continue here]
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Investing
-SONASID - CDMC Expect 2000 Net Income Up 21.3%
-MAGHREBAIL- CDMC and Upline Recommendation: BUY

Morocco - Business Environment
Employers Federation study calls for the economy to build on existing strengths
[continue here]
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Algeria - Draft Media Law in Debate Government Spokesman Seeks to Lower Tension over Proposed Media Law
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