Latest News Maghreb & Middle East
Health
14/01/2020 at 16h16, by Africa Business+
Saham Group completes its withdrawal from healthcare in Morocco with the sale of Saham Pharma
Following the sale of several clinics in Morocco, the Saham Group conglomerate, owned by Moroccan tycoon...
Oil & Gas
14/01/2020 at 16h14, by Africa Business+
Spain’s Técnicas Reunidas ousts Chinese, Italians and Koreans for a new Sonatrach refinery
After a gas project completed in early 2019, the Madrid-based company in partnership with Samsung Engineering...
Maritime transport
14/01/2020 at 16h09, by Africa Business+
Global Ports and MSC finalise the acquisition of La Goulette cruise terminal
Goulette Shipping Cruise, a company owned by Al Karama Holding, a Tunisian state holding company, was...
Advisory
10/01/2020 at 16h38, by Aurelie Benoit
ONEE once again turns to Kamal Nasrollah’s team at Baker McKenzie
The Moroccan public service agency has called on the Casablanca-based law office for its latest project,...
Construction & Infrastructure
10/01/2020 at 14h38, by Africa Business+
Immorente to be advised by same firms for its first capital increase since its IPO
Immorente Invest will use its historical partners for its upcoming capital increase.
Maritime transport
10/01/2020 at 08h07, by Thibaud Teillard
Suez Canal Authority will build a terminal in Alexandria
An investment of 5bn Egyptian pounds (€280m) is materialising for the construction of a multi-purpose...
Agri-food industry
10/01/2020 at 07h59, by Gaëlle Arenson
Karim Trad and Anis Kallel at AfricInvest to carry out Land’Or capital increase (Hatem Denguezli)
As planned, the private equity firm is upping its stake in the Tunisian cheese producer through a capital...
Tourism
07/01/2020 at 15h50, by Africa Business+
Saved from privatisation, La Mamounia Hotel comes under the management of Dounia Taârji (Hassan II Fund)
La Mamounia of Marrakech will not change hands and will not be privatized. The hotel as well as other...
Building materials
06/01/2020 at 16h29, by Africa Business+
Despite going into administration, Delattre Levivier Maroc has still not found a buyer
In the face of poor profitability and mounting levels of debt, the company managed by Jean-Claude Bouveur...
Oil & Gas
06/01/2020 at 16h04, by Africa Business+
Sonatrach backs its Italian refinery with rare external financing (APICORP)
The pan-Arab oil fund APICORP, led by Libyan Ahmed Ali Attiga, is lending $250 million to finance maintenance...
Advisory
03/01/2020 at 11h00, by Aurelie Benoit
Advisory: Matouk Bassiouny law firm opens shop in Algiers
The North African law firm, which boasts more than 170 employees, recently opened an office in Algeria’s...
Maritime transport
02/01/2020 at 15h43, by Africa Business+
Wait and see period following a request to form a parliamentary inquiry committee regarding Arise in Mauritania
In late 2018, Arise Mauritania SA was awarded the concession to finance, construct and operate an extension...
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