|
North
African Tourists
to
Morocco
(in thousand)
With about 73,000 visitors to Morocco in 2000, entries of
North Africans to Morocco was essentially flat against 1999
growing at only 1.1%.
Tunisians accounted for nearly 40% of all entries followed
by Algerians, Egyptians, Lybians and Mauritanians.
|
Week
ended July 21, 2001 - 111th. Issue
 Algeria-U.S.
Bouteflika in Washington:
A Low Key Visit
with No Real Achievements
Characterized by
the Algerian State-controlled press as a "turning" point
in the U.S.-Algerian relations, the visit of president Abdelaziz
Bouteflika to Washington attracted very little attention
and did not receive any media coverage. The outcome of the
visit was promises of more investments in the energy sector
and very little else. With the exception of the oil and
gas sectors, the United States seems to have limited interest
in other industries in Algeria. From the diplomatic front,
the 30-minute meeting with George W. Bush could hardly be
considered a diplomatic victory for a president that also
lost support from the EU due to his poor handling of Algeria's
domestic crises.
By Arezki
Daoud
[continue
here][non-paying
readers, click here]
Morocco
- Economy
Central Bank Issues
Cautious Analysis on the Moroccan Economy
Separate reports
from the Central Bank, Bank Al-Maghrib or BAM, and the
finance ministry provide some evidence of an economy in
search of growth. Continued drought and an unfavorable
import sector characterized by a rising energy bill are
showing to government planners that their bullish forecasts
on economic growth may be missed once again. Amid this
negative outlook, specific industries appeared to have
fared better than others. Best performing sectors are
manufacturing, construction and public works. The service
sector is also showing good results.
By Arezki
Daoud
[continue
here][non-paying
readers, click here]
|
Business,
Industry,
and Economic Analysis
|
Algeria
- Telecom
Egypt's Orascom
Wins Second GSM License
- Portugal
Telecom and Telefonica's Withdrawal: Bribery
or Good Business Sense?
Cairo, Egypt-based
Orascom has won Algeria's second GSM mobile telephony
license with a bid of $737 million, well ahead of
a rival $422 million offer from France Télécom
subsidiary Orange. Portugal Telecom and Spain's Telefonica
did not submit bids in the final phase of the selection
process. By Arezki
Daoud
[continue
here][non-paying
readers, click here]
|
Morocco
- EU
Toward
the Resumption of Fisheries Talks
The discontinuation
of talks between Morocco and the EU over a fishing
right agreement may not be the final chapter of a
difficult negotiation exercise. There is tangible
renewed interest on both sides to find a solution
to a problem that is contributing to a deteriorating
diplomatic relations between Morocco and the EU in
general. Status quo over fisheries is also contributing
to the rise of anti-Moroccan sentiment in some Spanish
regions that rely on the fisheries sector for their
livelihood.
By Arezki
Daoud
[continue
here]
[non-paying
readers, click here]
|
Tunisia
- Energy
Centurion
Update on Al-Manzah Well Drilling
Calgary-based
oil firm Centurion Energy International Inc. (TSE:
CUX) reported that drilling of the Al Manzah No. 3
well in Tunisia has reached a depth of 1,035 metres
in the transition zone just above the top of the target
Bou Dabbous reservoir.
[continue
here][non-paying
readers, click here]
|
Morocco
- Corporate
General Tire
Rescue Blocked by Continental
A proposed
rescue package for General Tire Maroc (GT), which
ceased production in December 2000 due to financial
problems and industrial disputes, is in stalemate
following the refusal of German shareholder Continental
to partially finance the recapitalization.
[continue
here][non-paying
readers, click here]
|
|
Morocco
- Infrastructure
Bouygues
Submits a Revised Proposition for Tangiers-Atlantic
Port Project
French civil
engineering giant Bouygues Travaux Publics has submitted
a revised offer for the construction of the Tangiers-Atlantic
port project. The new offer provides for the completed
port to be managed by Danish firm Maersk, in an effort
to allay Moroccan government concerns about Bouygue's
expertise in that area. No other information about
the proposal has been released, although there has
been speculation over a possible reduction in State
funding for the project.
[continue
here][non-paying
readers, click here]
|
Tunisia
- Politics/Media
RSF
Occupies Tourist Office to
Protest Bensedrine Arrest
Reporters
Sans Frontières (RSF) leader Robert Ménard
and 20 supporters occupied the Tunisian Tourism Office
in Paris on June 28th and 29th to protest the incarceration
of human rights activist Sihem Bensedrine.
[continue
here][non-paying
readers, click here] |
|
More?
click on the logo below...
|
|
(C)
The North Africa Journal - All Rights Reserved - 1997-2001
|
More
weekly news in partnership
with Upline Securities and
Credit du Maroc Capital
Pdf File of Weekly
CONTACTING
THE
NORTH AFRICA JOURNAL
The
North Africa Journal & Maghreb Weekly Monitor are
based in Boston, MA, USA. Although we are also available
by phone, we recommend email as the quickest way to
reach us. We
can easily be reached at journal@north-africa.com
regarding subscription issues or related matter
To
discuss business or advertisement opportunities, or
editorial issues please contact the publisher and editor-in-chief
at daoud@north-africa.com.
If
you have a request requiring immediate attention, please
contact us at:
Tel:
US+ 1-617-588-0193
Fax: US+ 1-413-383-9817
European fax: +44-870-126-5388 (UK)
25
New Chardon Street, BX 8012 ,
Boston, MA 02114, USA
|
|
