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North Africa Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about North Africa Finance.
Latest North Africa Finance News
- Damac Properties Egypt announces construction tender award for Park Avenue Desert Road 24 Nov 2009 07:50 GMT
... Established in 1994, DETAC is one of the ... Administration building located at New Cairo, Misr insurance Building located at Nile Street, Giza etc ... Damac Properties has expanded rapidly into North Africa, Jordan, Lebanon, Qatar and Saudi Arabia. 2008 ...
- Iraq's Parliament endorses new investment law to allow foreigners to own land 24 Nov 2009 00:11 GMT
... BAGHDAD/DUBAI: Iraq’s Parliament passed an investment law on Monday that would allow foreigners ... senior real estate analyst, Midde East and north Africa at UBS in Dubai. The new law, ...
- Morocco - Drop in foreign farm investment 24 Nov 2009 01:01 GMT
... Morocco - Drop in foreign farm investment  Morocco has the resources to press ... officials said. Foreign investment in the north African country had fallen by a third in ...
- Scientists: Global warming's effects speeding up 24 Nov 2009 03:11 GMT
... WASHINGTON (AP) — Since the 1997 international accord ... glaciers in Europe, South America, Asia and Africa are shrinking faster than before. And it's ... policy wonks. Now biologists, lawyers, economists, engineers, insurance analysts, risk managers, disaster professionals, commodity traders, ...
- Govt Yet to Okay Sale of Oil Wells to Italian Firm 24 Nov 2009 06:10 GMT
... we recognise the very large, multi-billion dollar investment which is required to develop the Albert ... is the latest in a string of African acquisitions by Eni in recent years. The ... 70 countries, among them in West and North Africa. Eni is Italy's largest industrial company with ...
- Analysis: Turkey's Ottoman mission 24 Nov 2009 05:12 GMT
... 2004. Turkish conglomerates are also stepping up investment in a region where their presence is ... construction, is seeking projects in the Gulf, north Africa and Europe “east of Vienna”. “It’s a ...
- The Best Energy Investments in the World 24 Nov 2009 01:36 GMT
... most respected and listened-to authorities in the investment advisory business. He spends the bulk of ... and economic muscle in places such as Africa, Venezuela, and Bolivia. These countries potentially hold ... a monthly analysis on the trends and stocks Marin likes, you can get on board as ...
- Ugandan oil deals 'serve foreign firms' 24 Nov 2009 05:10 GMT
... with similar deals from northern Iraq to Libya, Uganda’s government had signed deals that leave ... business in the country,” it said. East Africa’s third-largest economy hopes to join major oil- ... deals inked with Kampala, based on its investment and oil price projections. “Since it’s internationally ...
- Why Afghans Dig Empire Graveyards 24 Nov 2009 04:31 GMT
... American blood-letting in Afghanistan is generally explained in ... and the sea-routes to South Asia and Africa. The United States now controlled those sea-lanes ... on research and development. The U.S. health insurance industry employs 30 times as many administrative ...
- ONE ON ONE: African Development Bank seeks capital infusion 23 Nov 2009 18:13 GMT
... It’s not rare for the words Africa and development to be heard in the ... key to attracting both domestic and foreign investment. Egypt is the AfDB’s largest country office ... currency loan agreement worth €53.3 million to finance 23 percent of the Gabal El-Asfar Wastewater Treatment ...
- Egypt's Beltone Financial sets up Libya subsidiary 23 Nov 2009 03:12 GMT
... months TRIPOLI, Nov 22 (Reuters) - Egyptian investment bank Beltone Financial has begun operations in ... investment culture," Hilal said. The oil-rich North African country remains largely unaffected by the global ... Libya offers the best growth prospects in North Africa," Sara Hassan, Middle East and North Africa ...
- Libya to make four IPOS in 2010, sell state firms 23 Nov 2009 01:32 GMT
... over the past period." Libya, home to Africa's biggest proven oil reserves, has attracted a wave of investment since international sanctions were lifted in 2004, ... has 10 listed companies, mostly banks and insurance companies, but also a tobacco company and ...
- French and Spanish firms aim to give Gide a run for its money in Morocco 23 Nov 2009 10:17 GMT
... in setting its sights on the North African country, with the past few years seeing ... experience and knowhow. Sablé agrees that more investment by foreign firms is needed. “There’s a lot of project finance work and we have some magic circle firms, ...
- Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
... investors are hungry for shares in unlisted African firms and could provide the needed shot ... they will also need reassurance that their investment would be safe in a continent where ... 2002. The United Kingdom's CDC group-a development finance institution-last week announced that it would invest $5 ...
- UPDATE 1-Egypt's Citadel lists shares, eyes rights issue 23 Nov 2009 11:32 GMT
... CAIRO, Nov 23 (Reuters) - Cairo-based private equity firm ... its investments in Middle East and East African countries, especially those with big domestic markets ... months. In addition, it has been seeking finance for investments from regional sources and development organisations, ...
- Egypt's Citadel lists shares 23 Nov 2009 14:11 GMT
... Cairo, Nov 23 - Cairo-based private equity firm Citadel ... its investments in Middle East and East African countries, especially those with big domestic markets ... months. In addition, it has been seeking finance for investments from regional sources and development organisations, ...
- Egypt's Citadel Capital lists shares 23 Nov 2009 17:27 GMT
... Cairo, Nov 23 - Cairo-based private equity firm Citadel ... its investments in Middle East and East African countries, especially those with big domestic markets ... coming months. It has also been seeking finance for investments from regional sources and development organisations, ...
- Iraq passes key investment law, focus on housing 23 Nov 2009 15:53 GMT
... * Iraq's investment law allows foreign firms to own land ... senior real estate analyst, Midde East and north Africa at UBS in Dubai. The new law, ...
- Egypt's Citadel Capital plans share listing 23 Nov 2009 11:50 GMT
... Egyptian private equity firm Citadel Capital plans to ... expand. According to a report from Egyptian investment bank HC Capital, Citadel intends to undertake ... Hassan Massoud to head the firm's East African office as it pursues growth opportunities across ...
- Van Eck Has Plans For Egypt, Kuwait ETFs 23 Nov 2009 08:58 GMT
... ETF issuer Van Eck is planning to launch two ... East with an ETF for tracking Egyptian stocks and one for Kuwait's equity market. Both ETFs ... all are thinly traded. The Market Vectors Africa ETF (NYSE: ) is the most liquid ...
- Obama in China, China in Africa 23 Nov 2009 05:53 GMT
... Chinese economic leaders are just returning from Egypt, where a two-day forum on China-Africa Cooperation was held. China has agreed to increase ... goods flood Africa. In addition, some Chinese investment comes at a high price — last ...
- Apollo Hospitals plans facility in Africa 23 Nov 2009 13:34 GMT
... is planning to build a hospital in Africa in the next two years. Talks are ... also on with Tanzania, Uganda, Malta and Libya, said an official of the group. The ... The group did not give details of investment or the size of the facility saying ...
- Visa Celebrates Landmarks in Egypt 23 Nov 2009 15:50 GMT
... hosted a special dinner reception for all Egyptian client financial institutions to celebrate achieving five ... encouraged banks to approach new fields of investment and expand retail banking services. This has ... Elhousseiny, Visa General Manager North and West Africa. “Visa products can promote transparency and accountability, ...
- PREVIEW-Out of Africa, into Euronext for PPR's CFAO 23 Nov 2009 17:24 GMT
... up to $1.5 billion by listing its Africa-focused distribution unit CFAO in Paris next week, raising ... analysts said CFAO would make a strong investment, particularly at the proposed purchase price of ... singling out a 'pretty weak' environment in Algeria. ((For a story on European IPOs, click ...
- AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
... Philippines 9.875%, 1/15/19 1.20% 7)Citigroup/Deutsche Bank Commercial Mortgage 1.18% Trust Series 2006-CD2, Class A2 5.408%, ... Security Type Breakdown Portfolio % Corporates - Non-Investment Grades: Industrial: Basic 4.63% Consumer Non-Cyclical 3.74% ... 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% Other Finance ...
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