Foreign Investment projects 2006
Country Company
Morocco Alain Crenn (France)
Morocco Iberdrola (Spain)
Morocco Dkode (Portugal)
Lebanon CMA-CGM (France)
Lebanon Supreme Council for Economic Affairs and Investment (Qatar)
Tunisia LCH Consultant (France)
Turkey Tesco (UK)
Turkey Dubai International Properties (United Arab Emirates)
Egypt Calyon (France)
Egypt Beymen (Turkey)
Morocco TUI (Germany)
Syria Credit Line (Russie)
Morocco Sos (Spain)
Algeria Landmark Minerals (Canada)
Turkey BSH (Germany)
Algeria Tunisie Leasing (Tunisia)
Source:Animaweb.org
Industry
Tourism, catering
Energy
Textile, Clothing Luxury
Transport, storage, construction, public works, water & utilities
Other commercial, financial, service activities
Consulting and services to companies
Retail
Other commercial, financial, service activities
Other commercial, financial, service activities
Other commercial, financial, service activities
Transport, storage, construction, public works, water & utilities
Energy
Agro-business
Energy
Electronic components
Other commercial, financial, service activities
Investment
Alain Crenn to build a tourist complex near Marrakech
Iberdrola to invest in combined-cycle electricity generation plants and wind farms in Morocco
Dkode has opened a new plant in Morocco
CMA-CGM will build a regional office in Lebanon for 12 million $
SCEAI buys BLC shares for an amount of 236 million $
LCH Consultants will open an office in Tunis
The retailer plans to open six stores in 2006, to reach a total of 12 by the end of the year
A pair of 150-metre towers being constructed in Istanbul
Canyon buy up to 100 percent of Egyptian American Bank for $505 million
Three Moroccan private companies have teamed up with TOY, to set up an airline in Morocco
Construction of an oil refinery and a petrochemical plant for 2,7 billion US$
The group, leader on the olive oil sector, is planning the construction of a cookies plant
Landmark invest in uranium prospecting in the Hoggar region
BSH plans to invest 200 million euros in 2006 in a new dishwasher plant in Turkey
Tunisie Leasing is launching its Algerian leasing subsidiary
Investments projects in the MEDA countries in 2005
In the year 2005, the MEDA countries received a total of 686 Investments projects.The Investment projects are shown below in
Investment projects per Industry
9% 6% 3%
8% 13%
10%
19%
13%
8% 11%
Agro-business
Textiles
Data processing software, IT, Telcom
Banks, Financial , Consulting and Commercial services
Automotive, aeronautical,Machinery&Metals
Pharmacy, Chemistry , Bitotechnology
Energy
Tourism , catering
Other
Transport, public works &Utilties
Investments Projects Per Country (2005)
Turkey Algeria
11 % 13 %
Cyprus
Tunisia 1%
11 %
Egypt
15 %
Syria
6%
Palestine
1%
Israel
Morocco
14 %
16 %
Malta Lebanon Jordan
1% 4% 7%
Algeria Cyprus Egypt Israel Jordan Lebanon Malta Morocco Palestine Syria Tunisia Turkey
Algeria Cyprus Egypt Israel Jordan Lebanon Malta Morocco Palestine Syria Tunisia Turkey
Investors per country
22%
42%
5%
16%
4%
2%
6% 1%
2%
France Germany Italy
Netherlands Sweden Switzerland
UK USA Others
Finland had only 2 Investments from Nokia in 2005
Source : Animaweb.org
estment projects are shown below in the pie charts.
Cyprus
1%
Egypt
15 %
Israel
14 %
ria Tunisia Turkey
ria Tunisia Turkey
Foreign Investment projects December 2005
Country Company Industry
Morocco Eolane (France) Electronic components
Turkey Arcelor (France Metals, work and recycling of metals
Jordan Kempiski (Germany Metals, work and recycling of metals
Turkey BNP Paribas (France) Other commercial, financial, service activities
Egypt BNP Paribas (France) Other commercial, financial, service activities
Morocco BNP Paribas (France) Other commercial, financial, service activities
Tunisia BNP Paribas (France) Other commercial, financial, service activities
Algeria Tunisie Leasing (Tunisia) Other commercial, financial, service activities
Turkey BSH (Germany) Electronic components :
Algeria Landmark Minerals (Canada) Energy
Syria Credit Line (Russie) Energy
Morocco TUI (Germany) Transport, storage, construction, public works, water & utilities
Algeria Wink Global Ventures (USA) Other commercial, financial, service activities
Israel SAP (Germany) Data-processing, software and services
Israel Marvell Semiconductors (USA) Electronic components
Turkey Renault Trucks (Sweden) Car manufacturers or suppliers
Jordan DHL (Germany) Transport, storage, construction, public works, water & utilities
Morocco Europages (France) Consulting and services to companies
Morocco Eurogate-Contship (Italy) Transport, storage, construction, public works, water & utilities
Jordan Peace Bridge Co (Israel) Textile, clothing, luxury
Jordan Sonoran Energy (USA) Energy
Egypt Blom Bank (Lebanon) Other commercial, financial, service activities
Jordan Investors Bank (Bahraïn) Glass, wood, paper, minerals, ceramics
Turkey Willard Group (Russie) Consulting and services to companies
Jordan Sceai (Qatar) Other commercial, financial, service activities
Algeria Bouricha (Tunisia) Data-processing, software and services
Jordan Crown Holdings (USA) Agro-business
Jordan Global Finance House (Others) Other commercial, financial, service activities
Morocco Bourbon (France) Transport, storage, construction, public works, water & utilities
Syria Aref Investment (Kuweit) Other commercial, financial, service activities
Syria Energy
Oil and Natural Gas Corporation Limited (Inde)
Tunisia Attijariwafa Bank (Morocco) Other commercial, financial, service activities
Tunisia Data Group (Inde) Data-processing, software and services
Israel Reckitt Benckiser (UK) Chemistry, plasturgy
Morocco Francisco Gil Gomes (Spain) Agro-business
Morocco Sirh (France) Agro-business
Morocco Ares (France) Consulting and services to companies
Israel Inconnu (Non available) Transport, storage, construction, public works, water & utilities
Turkey Vodafone (UK) Telecoms and internet operators
Tunisia DAMAC Properties (United Arab Emirates) Other commercial, financial, service activities
Tunisia Sitem (France) Mechanics and machinery
Egypt Al-Kharafi (Kuweit) Tourism, catering
Jordan Bank Audi (Lebanon) Other commercial, financial, service activities
Jordan Andalucia Resorts (Spain) Tourism, catering
Jordan Transport, storage,
Bonyan International Investment Grou (United Arab Emirates) construction, public works, water & utilities
Jordan Ghassan Naqal (Kuweit) Transport, storage, construction, public works, water & utilities
Morocco Emaar Properties (United Arab Emirates) Tourism, catering
Syria Emaar Properties (United Arab Emirates) Transport, storage, construction, public works, water & utilities
Tunisia Simest (Italy) Other or not specified
Tunisia Andium (France) Telecoms and internet operators
Tunisia KIPCO (Kuweit) Telecoms and internet operators
Tunisia World Textile Company (Algeria) Textile, clothing, luxury
Turkey Tourism,
Dubai International Properties (United Arab Emirates) catering
Turkey DP World (United Arab Emirates) Transport, storage, construction, public works, water & utilities
Israel News Corp (Australia) Other commercial, financial, service activities
Algeria Cetelem (France) Other commercial, financial, service activities
Tunisia Doncaster (UK) Electric, electronic and medical hardware
Lebanon Addison McKee (USA Metals, work and recycling of metals
Egypt Huawei (China Electric, electronic and medical hardware
Tunisia Oxymetal (France) Metals, work and recycling of metals
Algeria Clextral (France) Mechanics and machinery
Tunisia GFCL (Inde) Chemistry, plasturgy
Egypt Oracle (USA) Electric, electronic
Egypt Vicat (France) Glass, wood, paper, minerals, ceramics
Morocco Rostoy (Spain) Agro-business
Tunisia 1st American Petroleum (USA) Energy
Morocco Nokia (Finland) Electric, electronic and medical hardware
Tunisia Reap Tunisia (UK Energy
Israel Transwitch (USA Electronic components
Syria Transgas Oil Russian Company (Russie) Energy
Israel Motorola (USA Electric, electronic and medical hardware
Israel RSA Security (USA Data-processing, software and services
Turkey Tchibo (Germany Distribution
Tunisia Pierre Fabre (France Drugs
Turkey Cauval Industries (France) Furnishing and houseware
Source:Animaweb.org
Investment
Arrived in Morocco in 2004, the company has hired 50 new people
The firm takes 20% of Erdemir capital
Building of an hotel for 100 million US$
BNP opens 25 new agencies
BNP opens 10 new agencies
BNP opens 16 new agencies
BNP opens 15 new agencies
Tunisie Leasing is launching its Algerian leasing subsidiary
BSH plans to invest 200 million euros in 2006 in a new dishwasher plant in Turkey
Landmark invest in uranium prospecting in the Hoggar region
Construction of an oil refinery and a petrochimic plant for 2,7 billion US$
Three Moroccan private companies have teamed up with TUI, to set up an airline in Morocco
The firm starts the construction of 850 housing in Beni Messous and Boumerdès
SAP develops its R&D facility and hires 300 staffs
The company plans to recruit 70 new employees
Renault Trucks opens a training centre in Turkey
DHL Signs Landmark Agreement for a 4,000 square metre Regional Hub at Queen Alia Airport
The European firms directory will open an office in January
The firm wins the call for tender for the exploitation of the Tanger-Méditerranée terminal with CMA CGM and MSC
The socket producer opens a plant in a private free zone
Sonoran invests 13 million USD in the Azraq oil field
BLOM Buys Misr Romanian Bank in a deal valued at $97.8 million
Construction of a mould cement blocks plant
The group opens a new PR agency in Istanbul
The firm has bought Lebanon's BLC Bank for $236.3 million
A Discovery group subsidiary opens a Tunisian office
Creation of a third can production line in an Amman factory
Launching of 2 real estate projects, the Royal Village and a tourist resort on the Dead Sea
Bourbon wins the Tangiers harbour towage franchise contract
The group launches USD 4 billion Development City in Damascus
Petro-Canada sells for $676 million its Syrian activities to ONGCL and China National Petroleum Corporation
The bank purchase 33% of the stakes of the Banque du Sud with tue Banco Santander Group
The group will create a informatic centre in partenrship with Telnet-Databox
The company Israeli subsidiary is arranging for the transfer of production of most of the company’s brands to Israel
The fish cannery producer will invest 3 million euros in a new anchovy factory
A fish oil refinery opens in Agadir for 7 million euros
The group creates a subsidiary in Morocco with 200 new jobs
Tshuva sells 2.5% of Delek to foreign investors for US$40 million
The group win the call for tender for Telsim for US$4.55 billion
The firm announced a $120 million project to build a luxury apartment tower in Downtown Beirut
The firm invests 1,2 million euros in automatic doors engines
The Kuwaiti group Al Kharafi invests over USD 310 million in a tourist resort and marina in Port Ghalib
The bank has opened six operational branches this year
The firm has acquired 44% of Al Quds Readymix Company
Construction of five housing and commercial towers in Amman for US$565 million
Kuwaiti-Jordanian holding to develop Queen Alia Airport for USD 600 million
Emaar and the Moroccan ONA will invest euros 272 million through their JV
Emaar launches real estate mega projects in Syria for 3.9 billion US$
Acquisition of 2% of Biat by Simest, a company controlled by the Italian Ministry of Productive Activities
The firm, which employs 29 people, will create 20 new jobs in 2006
New launch of a company with a capital of USD 100 million for mobile telecommunication
The firm invests 4 million euros in integrated textiles
The firm to invest five billion dollars in projects in Istanbul
The firm has bought a large piece of coastal land in north-western Turkey to build a container terminal
News Corp buys 67% of Polar's Maximedia for US$4m
Cetelem has been granted permission by the Council of Currency and Credit to establish a subsidiary
The firm invests Euro 3.5 million in electric cables
The firm opens a plant in Kingsview Industrial Park with a US$6.5 million investment
The firm launches a regional technical assistance and training center in Cairo
Oxymetal sets up activities in Tunisia
Clextral merges its activities and creates 10 new jobs
Construction in La Skhirra of a phosphoric acid plant
The firm has officially opened its Global Product Support center based within Egypt's Xceed contact center
Vicat buys a 7.5% stake in the local Sinai Cement from Denmark’s FL Smidth
The juice manufacturer builds a factory with the Rahal group in Tangiers
Tunisia has issued a new oil drilling permits to the firm
Nokia opens its regional hub in Casablanca
The company receives a permit to prospect oil in South Tunisia
Mysticom sold for $5 million to Transwitch
Russian firm to set up new oil refinery in Syria for 2 billion US$
The firm invests US$10 million in BroadLight
Israeli start-up Cyota sold to RSA Security for $145m
The coffee distribution company will open 100 new shops in Turkey by 2010
Creation of a joint-venture with Société des Industries Pharmaceutiques de Tunisie
The firm invests 40 million euros to manufacture armchairs with Yatas
Foreign Investment projects November 2005
Country Company Industry
Turkey Cowi (Denmark) Consulting and services to companies
Egypt Akzo Nobel (Netherlands) Chemistry, plasturgy
Algeria Neobus (Brazil) Car manufacturers or suppliers
Turkey DaimlerChrysler (Germany) Car manufacturers or suppliers
Tunisia Rencast (France) Car manufacturers or suppliers
Israel Swiss bank (Switzerland) Biotechnologies
Israel Unilever (USA) Agro-business
Egypt Danone (France Agro-business
Egypt Orken Salt Company (Germany Agro-business
Israel Coca-Cola (USA) Agro-business
Algeria Danone (France) Agro-business
Morocco Dion (France Aeronautical, naval and railway equipment
Tunisia Eni (Italy) Energy
Jordan Seven Stars (Spain) Other commercial, financial, service activities
Algeria Repsol (Spain) Energy
Jordan Transport, storage, construction, public works, water & utilities :
Grand Real Estate Company (Kuweit)
Source:Animaweb.org
Cowi has opened a subsidiary in Turkey for consulting
The firm has acquired a controlling 60% share in Egypt's leading powder coatings manufacturer, Coatech for Chemical Industry SAE
The bus manufacturer from Brazil to set up factory in Algeria
Daimler Chrysler relocates part of its bus production in Turkey
Creation of aluminium injection unit for automotive parts
Swiss bank invests $500,000 in Israel's GammaCan cancer immunotherapy developer
Unilever Israel to invest 2.1 million euros in Haifa plant
The group to acquire Olait company
The firm along with World Company for Development and Real Estate Investment started the establishment of a factory manufacturing mineral water and syr
Coca-Cola Israel takes over Tabor Winery
Construction of a factory in Algiers with a Tunisian company, Sotubi
Creation of Dion Aéronautique Maroc in Tangier
ENI invests 330 million US$ to extend its Transmed gas pipeline
Creation of a new TV station and establishment of its Arabesco subsidiary
Repsol enters up to 23% in the firm Polymed to do oil exploitation in Skikda
Construction of 2 towers and a tourist resort on Dead sea
facturing mineral water and syrups
Foreign Investment projects September 2005
Country Company Industry
Morocco Stequal (France) Mechanics and machinery
Algeria Mittal Steel (Inde) Glass, wood, paper, minerals, ceramics
Morocco Bel (France) Agro-business
Morocco Pakistan Maroc Phosphore (Pakistan) Chemistry, plasturgy
Morocco Metabo (Germany) Mechanics and machinery
Morocco Bunge Fertilizantes (USA) Chemistry, plasturgy
Tunisia Al Kabidha (United Arab Emirates) Aeronautical, naval and railway equipment
Palestinian Authority Global Investment House (Kuweit) Other commercial, financial, service activities
Egypt Mitsubishi (Japan) Car manufacturers or suppliers
Egypt Dallah Al Baraka (Saudi Arabia) Tourism, catering
Morocco Tethys Oil Ab (Sweden) Energy
Morocco Giescke & Devrient (Germany) Transport, storage, construction, public works, water & utilities
Syria Energy
East & West Oilfield Services (United Arab Emirates)
Tunisia OMV Aktiengesllschaft (Austria) Energy
Algeria Champion (France) Distribution
Algeria Amerada Hess (USA) Energy
Algeria Nokia (Finland) Electric, electronic and medical hardware :
Cyprus Millfield Plc (UK) Other commercial, financial, service activities :
Egypt Gaz de France (France Energy
Egypt Cementos La Union (Spain Glass, wood, paper, minerals, ceramics
Israel Tata Consultancy Services (Inde Consulting and services to companies
Israel Starbucks (USA) Distribution
Israel Oracle (USA Data-processing, software and services
Israel Storm Ventures (USA) Data-processing, software and services
Israel AHMSA (Mexico Metals, work and recycling of metals
Jordan Fincorp (Oman Consulting and services to companies
Jordan Asteco (United Arab Emirates Tourism, catering
Morocco Rostoy (Spain Agro-business
Morocco (France
Agence franco-marocaine d'assurances Other commercial, financial, service activities
Morocco CESCE (Spain Other commercial, financial, service activities :
Morocco Tata Motors (Inde Car manufacturers or suppliers :
Morocco Dell (USA) Electric, electronic and medical hardware :
Morocco Creuzet Aéronautique (France Aeronautical, naval and railway equipment
Morocco Samaniego (Spain) Tourism, catering
Morocco International Paper Co. (USA) Glass, wood, paper, minerals, ceramics
Syria Pipe Metallurgical Company (Russie) Metals, work and recycling of metals
Tunisia Energy
Al Thani Corporation (United Arab Emirates)
Tunisia British Gas (UK) Energy
Tunisia Inconnu (Spain) Glass, wood, paper, minerals, ceramics
Turkey AFK Sistema (Non available Other commercial, financial, service activities
Turkey Bank Hapoalim (Israel Other commercial, financial, service activities
Turkey Canwest (Canada) Other commercial, financial, service activities :
Turkey Robert Bosch (Germany Car manufacturers or suppliers
Turkey Ofer (Israel Energy
Turkey Shell (Netherlands Energy :
Turkey Grundfos Group (Denmark Electric, electronic and medical hardware
Algeria Discovery Informatique (Tunisia Data-processing, software and services
Algeria Deutz (Italy) Car manufacturers or suppliers
Egypt Shell (Netherlands Energy
Lebanon EVER Group (France Data-processing, software and services :
Syria Nissan (Japan Car manufacturers or suppliers
Israel State Bank of India (Inde Other commercial, financial, service activities
Egypt Al-Kharafi (Kuweit Glass, wood, paper, minerals, ceramics
Egypt Carrefour (France Distribution
Source:Animaweb.org
Investment
The spare parts manufacturer recently acquired a part of Acre
The firm is to acquire 11 Algerian Units
The group invests Euro 2.6 million in a new company in Tangiers
Construction of a phosphoric acid and fertilizer plant for 200 million euros
The German industrial equipment giant is entering Morocco with SMEF as a partner
Construction of a phosphoric acid plant for 200 million euros
The firm enters in the Karthago Airlines capital
GIH has bought a 5 per cent stake in Al-Quds Development & Investment Bank
Cooperation agreement with Arab Organization for industrialisation of tramway and metro manufacturing
The firm launches largest tourism project in the Egyptian North Coast
The company signed an agreement with Eastern Petroleum (Cyprus) and ONHYM for an the Bouanance offshore permit
The company will open 7 new money sorting centers in the next few year
The firm received a licence from the Petroleum & Mineral Resources Ministry
The company will invest 100 million euros in the Ashtart oil field
Champion will open its first supermarket in Algiers
The group will invest 500 million dollars in the next 2 years to double its extraction capacities
Nokia will be in Algeria by the end of the year
Strategic alliance with the world’s largest independent offshore financial advisory
Gaz de France becomes operator in Egypt via a new gas licence
The cement company has decided to double the size of its Egyptian operation
Indian IT major will open up in Israel within six months
Starbucks to make a comeback in Israel after its 2003 failure
Creation of an Oracle R&D centre in Israel
US fund is making its first investment in an Israeli IT security start-up
Mexican co to invest $160m in Timna copper mines
Fincorp has acquired a 20% stake in Osool Investment, a new brokerage and asset management company based in Jordan
A Dubai-based company to develop by 2008 a resort near Aqaba with six five-star hotels, shops, offices, recreational facilities, housing and a traditional souk
Moroccan-Spanish JV for fruit juice packaging
The group is going to open new insurance offices
A Moroccan insurance company opens its capital to foreign equity
Tata Motors plans to invest in a production of 2,500 buses per year
Call center for a producer of micro-computers
Creation of two branches in Morocco
Tourism resort in Bouznika with marina, housing, commercial and leisure hub and hotel
The company to buy a 65% stake in a Moroccan packaging company
TMK to Open Representative Offices in Syria by the end of 2005
Emirati operator granted oil exploration rights in Tunisia
British Gas to reinforce its investment in Tunisia
Privatisation of the Tuniso-Algerian cement company SOTACIB, sold to a Spanish industrial group
AFK Sistema launches Turkish subsidiary
Hapoalim to buy control of Turkey’s C Bank for $113m
Canada's biggest media company to acquire a stake in a second Turkish radio station
The company to build a new factory in Bursa
The Israeli tycoon acquires a discounted stake in Turkish oil refining company
Turkish Govt sells Tupras to Koc/Shell group for US$ 4.14 bn
The Danish pumps manufacturer inaugurates a new assembly plant in Istanbul
The company is opening a subsidiary in Algeria in October 2005
Tractor construction since March 2005 with a 24 millions euros investment
Building of a $1,000 million export refinery at Ain el-Sokhna near Suez
Merger with the local group Arachnea to provide e-commerce solutions
Nissan opens first showroom in Syria with 40 staffs
SBI likely to open a branch in the Israeli diamond exchange in November 2005
Emak, subsidiary of the Kuwait group, has bought last May the National Company for Paper Industry
Carrefour has opened its 3th hypermarket in Egypt
tional facilities, housing and a traditional souk
Foreign Investment projects August 2005
Country Company Industry Investment
Israel Microsoft (USA) Data-processing, software and services MSN-Israel has acquired 51% of the rights in getprice.co.il
Israel Veolia (France) Building & utilities
Transport, storage, construction, public works, water with 2 Israeli companies of a desalinisation plant
Tunisia Telinfor (Spain) Telecoms and internet operators Telinfor creates in Tunis a e-learning center for medical secretary
Syria INA (Croatia) Energy INA signed an agreement to develop Jhar gas field
Israel Fujitsu (Japan) Electronic components Wireless technology co Asocs raises $8m in a financing round, led b
Israel Inconnu (UK) Electric, electronic and medical hardware Laser Detect Systems raises $2 million from various British investors
Syria Henry Moskowitz (USA) Tourism, catering Henry Moskowitz buys Jerusalem’s Windmill Hotel outright
Tunisia Zodiac (France) Chemistry, plasturgy Zodiac invests 3,2 million euros in the "Chemistry, plasturgy " sector
Tunisia Autronic (USA) Electronic components Autronic invests 1,5 million euros in the "Electronic components " se
Tunisia BKS cables (UK) Electronic components BKS cables invests 2,0 million euros in the "Electronic components"
Tunisia Tunera (Germany) Electronic components Tunera invests 0,8 million euros in the "Electronic components" sect
Tunisia Pronal (France) Car manufacturers or suppliers Pronal invests 0,9 million euros in the "Car manufacturers or supplie
Tunisia General Bateau (Italy) General Bateau invests 7,0 million euros in the "Aeronautical, naval and railway equipment " sector
Tunisia Cair (France) Drugs Cair invests 0,6 million euros in the "Drugs " sector
Tunisia Botto shoos (Italy) Textile, clothing, luxury Botto shoos invests 2,5 million euros in shoe production
Tunisia Transcom (Sweden) Telecoms and internet operators The company will open by the end of the year its 44th call center with
Tunisia Edatis (France) Creation of the E marketing group Tunisian subsidiary
Other commercial, financial, service activities
Cyprus Hatlapa (Germany) Mechanics and machinery Creation of a technical and logistic support centre in Limassol
Syria Other commercial, financial, service activities
Tiger Real Estate (United Arab Emirates) Construction of an international trade center in Damascus for 120 m
Turkey General Electric (USA) A
Other commercial, financial, service activities GE subsidiary bought 25.5 percent stake in Garanti Bank for $1.55
Algeria Glass,
Orascom Cement Industry (Egypt) wood, paper, minerals, ceramics Establishment of a new subsidiary in Algeria under the name of Cim
Morocco Suez (France) Suez now utilities
Transport, storage, construction, public works, water &possess 51% of Lyonnaise des Eaux de Casablanca
Algeria El Watania (Kuweit) Telecoms and internet operators : NMTC would invest $1 billion by year-end to upgrade its services
Egypt Inconnu (Inde) Chemistry, plasturgy New 350 million US$ Indian investments in fertilizer production plant
Egypt Glass,
Magnesium International (Australia)wood, paper, minerals, ceramics $350 million project to build a large-scale magnesium smelter at Ain
Israel Emblaze (UK) Data-processing, software and services The firm announced the creation of Emblaze VCON Ltd, holding 70%
Israel Seymour Pierce Ltd (UK) Data-processing, software and services Formula Telecom raises $7.5m on London’s AIM
Jordan Aeronautical, naval and railway equipment Al Baddad to set up $15m maintenance centre for Russian planes in
Al Baddad International Group (United Arab Emirates)
Lebanon Transport, storage, construction, public works, water signs deal with harbor to transship goods from Far East to t
Swiss Mediterranean Shipment Company (Switzerland) The firm & utilities
Malta Heath Lambert (UK) The
Other commercial, financial, service activities firm has entered into a joint venture with Maltese Jatco Insuranc
Tunisia Hayat (Kuweit) The
Other commercial, financial, service activities group recently acquired 60% of the Universelle de Bourse form
Cyprus Heineken (Netherlands) Agro-business Heineken acquires Ivan Taranov brewery for 560 million US$
Egypt Société Générale (France) The
Other commercial, financial, service activities French bank is buying 70% of Mibank for 344 million euros
Egypt Textile, clothing, luxury
Emaar Properties (United Arab Emirates) Dubai property giant plans four-billion-dollar Cairo scheme
Egypt Inconnu (Pakistan) Textile, clothing, luxury Pakistani project worth $1.5 million is slated to open this year
Egypt Inconnu (Inde) Textile, clothing, luxury An Indian-Egyptian joint venture will open a $2.5 million garnment pr
Israel Electronic
Siemens Venture Capital (Germany) components Siemens invests $2m in the chip roducer Dune Networks
Israel Isaac Dabah (USA) Textile, clothing, luxury The businessman has bought 23 percent of Delta Galil Industries fro
Morocco Intel (USA Electronic components Intel has announced the opening of its office in Morocco, to serve th
Syria Energy
Foreign Petroleum Exploration Company (Kuweit) The firm signs an agreement to excavate oil and gas in southwest T
Israel Hewlett-Packard (USA Electric, electronic and medical hardware HP will pay $230 million to buy Scitex Vision, a unit of Israel-based S
Lebanon Landmark (Kuweit) Tourism, catering Building of a 5-star hotel for US$149 million
Morocco Energy
Petro Canada exploration (Canada Petro Canada exploration has signed a exploration contract in the Ba
Egypt Devon Energy (USA) Energy The company obtains 2 oil deals with the Australian Santos Ltd
Egypt ONGC Videsh (Inde Energy The company obtains a exploration contract in the Suez Gulf
Israel Lightspeed / Pitango (USA) Data-processing, software and services OpTier raises $9.5 from Carmel Ventures, Lightspeed Venture Partn
Jordan Orascom (Egypt) Telecoms and internet operators Fastlink has signed a licence agreement to rollout fixed line services
Egypt Teikoku Oil Co (Japan) Energy The company obtains 2 oil deals
Turkey Nestle (Switzerland) Agro-business Nestle opens a storage and distribution centre in Gebze, north-weste
Turkey Rauch (Austria) Agro-business Austrian juice and beverage brand, Rauch is launching activities in t
Morocco Pentrilo (Spain) Chemistry, plasturgy Spanish painting material and paint roller manufacturer Pentrilo is to
Source:Animaweb.org
MSN-Israel has acquired 51% of the rights in getprice.co.il
uilding with 2 Israeli companies of a desalinisation plant
elinfor creates in Tunis a e-learning center for medical secretary
NA signed an agreement to develop Jhar gas field
Wireless technology co Asocs raises $8m in a financing round, led by Japanese electronics giant
aser Detect Systems raises $2 million from various British investors
enry Moskowitz buys Jerusalem’s Windmill Hotel outright
odiac invests 3,2 million euros in the "Chemistry, plasturgy " sector
utronic invests 1,5 million euros in the "Electronic components " sector
KS cables invests 2,0 million euros in the "Electronic components" sector
unera invests 0,8 million euros in the "Electronic components" sector
ronal invests 0,9 million euros in the "Car manufacturers or suppliers " sector
he "Aeronautical, naval and railway equipment " sector
air invests 0,6 million euros in the "Drugs " sector
otto shoos invests 2,5 million euros in shoe production
he company will open by the end of the year its 44th call center with 80 jobs
reation of the E marketing group Tunisian subsidiary
reation of a technical and logistic support centre in Limassol
onstruction of an international trade center in Damascus for 120 million US$
GE subsidiary bought 25.5 percent stake in Garanti Bank for $1.556 billion from Dogus
stablishment of a new subsidiary in Algeria under the name of Ciment Blanc d'Algerie with a US$170 million investment
uez now possess 51% of Lyonnaise des Eaux de Casablanca
MTC would invest $1 billion by year-end to upgrade its services
ew 350 million US$ Indian investments in fertilizer production plants in Egypt
350 million project to build a large-scale magnesium smelter at Ain el-Sokhna port
he firm announced the creation of Emblaze VCON Ltd, holding 70% of the new company
ormula Telecom raises $7.5m on London’s AIM
l Baddad to set up $15m maintenance centre for Russian planes in Aqaba
he firm signs deal with harbor to transship goods from Far East to the Arab world
he firm has entered into a joint venture with Maltese Jatco Insurance Brokers
he group recently acquired 60% of the Universelle de Bourse form the Alliance group
eineken acquires Ivan Taranov brewery for 560 million US$
he French bank is buying 70% of Mibank for 344 million euros
ubai property giant plans four-billion-dollar Cairo scheme
akistani project worth $1.5 million is slated to open this year
n Indian-Egyptian joint venture will open a $2.5 million garnment production facility
iemens invests $2m in the chip roducer Dune Networks
he businessman has bought 23 percent of Delta Galil Industries from the Sara Lee for $27.7 million
ntel has announced the opening of its office in Morocco, to serve the North Africa region
he firm signs an agreement to excavate oil and gas in southwest Tadmur (Palmyra
P will pay $230 million to buy Scitex Vision, a unit of Israel-based Scitex Corp.
uilding of a 5-star hotel for US$149 million
etro Canada exploration has signed a exploration contract in the Bas Draa oil sector
he company obtains 2 oil deals with the Australian Santos Ltd
he company obtains a exploration contract in the Suez Gulf
OpTier raises $9.5 from Carmel Ventures, Lightspeed Venture Partners and Pitango Venture Capital
astlink has signed a licence agreement to rollout fixed line services in the Kingdom
he company obtains 2 oil deals
estle opens a storage and distribution centre in Gebze, north-western Turkey
ustrian juice and beverage brand, Rauch is launching activities in the Turkish market
panish painting material and paint roller manufacturer Pentrilo is to build a plant in the Moroccan city of Tangiers
Foreign Investment projects July 2005
Country Company Industry
Jordan Bureau Veritas (France) Consulting and services to companies
Turkey Gemplus (France) Data-processing, software and services
Egypt Petronas (Malaysia) Energy
Egypt Tourism,
Elian for Finance company (Saudi Arabia)catering
Egypt Intralot (Greece) Transport, storage, construction, public works, water & utilities
Algeria Viveo (France) Data-processing, software and services
Morocco Boccard (France) Distribution
Tunisia Geodis (France) Transport, storage, construction, public works, water & utilities
Morocco Sofilog (France) Transport, storage, construction, public works, water & utilities
Morocco Norsk Hydro (Norway) Energy
Algeria Other
Drive Communication (Saudi Arabia) commercial, financial, service activities
Jordan Arab Emirates)
Ittihad tourism company (United Tourism, catering :
Turkey Nol group (Singapore) Transport, storage, construction, public works, water & utilities
Algeria Atlas Copco (Sweden) Car manufacturers or suppliers :
Israel Intel (USA) Electronic components
Egypt Arabian Oil (Japan) Energy
Egypt Other commercial, financial, service activities
Dubai Properties (United Arab Emirates)
Egypt EastNets (UK) Other commercial, financial, service activities
Palestinian Authority Aramex (United Arab Emirates) Other commercial, financial, service activities
Israel Intel Capital (USA) Data-processing, software and services
Algeria Accor (France) Tourism, catering
Turkey Fiat (Italy Car manufacturers or suppliers
Morocco Siemens (Germany) Electric, electronic and medical hardware
Tunisia Energy
Atlas Petroleum Exploration Worldwide (UK)
Tunisia Energy
Austria's Geo-Stat Technology Limited (Austria)
Israel City Pass (France) Transport, storage, construction, public works, water & utilities
Algeria Transport, storage, construction, public works, water & utilities :
Orascom Cement Industry (Egypt)
Lebanon Royal Air Maroc (Morocco) Transport, storage, construction, public works, water & utilities
Cyprus Safmarine (France) Transport, storage, construction, public works, water & utilities
Tunisia (France)
Compagnie Marseille RéparationAeronautical, naval and railway equipment
Lebanon Tabourian Group (Syria) Agro-business
Turkey Toyota (Japan) Car manufacturers or suppliers
Algeria Comete Engineering (Tunisia) Consulting and services to companies
Algeria LDM Networks (USA Data-processing, software and services
Israel NGN Capital (USA) Electric, electronic and medical hardware
Morocco Stratic /Trans Atlantic (Canada) Energy
Algeria Group Limited (Saudi Arabia
Pharaon Commercial InvestmentGlass, wood, paper, minerals, ceramics :
Egypt (Kuweit)
Al-Manar Financing and Leasing Tourism, catering
Israel Inconnu (USA) Tourism, catering
Morocco Transport, storage, construction, public works, water & utilities
AIG African Infrastructure Fund (USA)
Egypt Crédit Agricole (France) Other commercial, financial, service activities
Egypt Inconnu (Morocco) Chemistry, plasturgy
Morocco Somefor (France) Chemistry, plasturgy
Jordan Borges (Spain) Agro-business
Algeria SCMR (France) Distribution
Algeria Danone (France) Agro-business
Israel Apax Partners (UK) Electric, electronic and medical hardware
Egypt Savola (Saudi Arabia) Chemistry, plasturgy
Morocco Telefonica (Spain) Telecoms and internet operators
Morocco Tourism, catering
Diar Real Estate Investment (Qatar)
Malta CMA CGM (France) Transport, storage, construction, public works, water & utilities
Morocco Teuchos (France) Aeronautical, naval and railway equipment
Syria Kingship (Germany) Agro-business
Morocco Renault (France) Car manufacturers or suppliers
Malta Combino Pharm (Spain) Drugs
Algeria Kellogg, Brown and Root (USA Energy
Israel Other commercial, financial, service activities
Farouk Systems (Palestinian Authority)
Algeria CMA CGM (France) Transport, storage, construction, public works, water & utilities
Morocco Aircelle (France) Aeronautical, naval and railway equipment
Egypt China Textile Machinery (China Textile, clothing, luxury
Morocco Quest international (NetherlandsData-processing, software and services
Morocco RBE Design Studio (Canada) Data-processing, software and services
Morocco Tests e Performance (France) Data-processing, software and services
Egypt Inconnu (Germany) Electric, electronic and medical hardware
Egypt Santos (Australia) Energy
Egypt Bank of Piraeus (Greece) Other commercial, financial, service activities
Israel Arie Ehrentreu (UK) Other commercial, financial, service activities
Egypt IFC (USA) Other commercial, financial, service activities
Tunisia Other commercial, financial,
Arab Islamic Insurance Company (United Arab Emirates) service activities
Israel Sequoia Capital (USA) Other commercial, financial, service activities
Turkey Saudi Oger (Saudi Arabia) Telecoms and internet operators
Jordan Telecoms and internet operator
Fouad Al Ghanem and Sons Group of Companies (Kuweit)
Israel Leon Charney (USA) Tourism, catering
Tunisia Casino (France) Tourism, catering
Israel Cisco (USA) Electric, electronic and medical hardware
Algeria Casagrande (Italy) Glass, wood, paper, minerals, ceramics
Algeria Espina (Spain) Transport, storage, construction, public works, water & utilities
Source:Animaweb.org
Egypt China Textile Machinery (China Textile, clothing, luxury
Morocco Aircelle (France) Aeronautical, naval and railway equipment
Egypt Bank of Piraeus (Greece) Other commercial, financial, service activities
Egypt IFC (USA) Other commercial, financial, service activities
Egypt Santos (Australia) Energy
Egypt Inconnu (Germany) Electric, electronic and medical hardware
Israel Arie Ehrentreu (UK) Other commercial, financial, service activities
Israel Sequoia Capital (USA) Other commercial, financial, service activities
Israel Leon Charney (USA) Tourism, catering
Jordan Telecoms and internet operator
Fouad Al Ghanem and Sons Group of Companies (Kuweit)
Morocco Quest international (NetherlandsData-processing, software and services
Morocco RBE Design Studio (Canada) Data-processing, software and services
Morocco Tests e Performance (France) Data-processing, software and services
Tunisia Other commercial, financial,
Arab Islamic Insurance Company (United Arab Emirates) service activities
Tunisia Casino (France) Tourism, catering
Turkey Saudi Oger (Saudi Arabia) Telecoms and internet operators
Israel Cisco (USA) Electric, electronic and medical hardware
Algeria Casagrande (Italy) Glass, wood, paper, minerals, ceramics
Algeria Espina (Spain) Transport, storage, construction, public works, water & utilities
Investment
The Royal Scientific Society (RSS) and Veritas will set up a electronic testing laboratory
Gemplus et Universal Kart are working together to offer to banks personalisation services for EMV cards
2 billion US$ Malaysian investments in oil, gas fields
Setting up a joint investment company between the Egyptian Orascom company, the Saudi Elian for Finance company and the UAE Majed al-Fateem compa
The worldwide leading company on betting and Lottery management is to develop and modernize Egypt’s National Post Office Network
The bank data processing specialist opens a subsidiary in Algeria
The French company specialised in installation and equipments will open an office in Casablanca by the end of 2005
Being in Tunisia for the past 10 years, Géodis opens its subsidiary
Sofilog creates a 23 hectare warehouse in Casablanca for 18 millions euros
Hydro has signed a 25-year exploration contract for the northwest Safi offshore permit
Drive Communication creates a subsidiary in Algeria
Agreement to establish 12m euros hotel at Dead Sea signed
The group has established a new organisation in Turkey to handle their business activities, APL Transportation & Logistics Ltd Sti
The firm opens a new customer centre in Algeria with 29 employees
Intel is planning to set up another chip plant in Israel with an investment of about $4 billion
Japan's largest oil producer Arabian Oil is to sign an accord with Egypt to start extracting crude oil in 2007 as part of a $270 million investment in the Middle E
Dubai Properties has signed a joint venture with Cairo's The Arab Company for Brokerage and Real Estate Services
EastNets Opens Office in Cairo Smart village
The firm has announced that it has bought Al Khazen Distribution, the only independent publication distribution company in Palestine
GigaSpaces raises $2m from Intel Capital and BRM Capital
Creation of "Siyaha", a joint stock company owned with Mehri Group (50%) and 270 millions euros investment
Tofas, the joint venture between Fiat and Turkish conglomerate Koc Holding, to invest 170 mln euros in new car model
The royal family sells its 49,5% shares in Siemens Maroc to the German group
Tunisia grants oil exploration licenses to Atlas Petroleum Exploration Worldwide and Canada's Arogas International
Tunisia grants oil exploration licenses to Geo-Stat Technology Limited and the U.S. Pascal Petroleum Co. in partnership with the Tunisian Institution for Petro
Realisation and operating of the next Jerusalem trolley
OCI takes a share in the El Hamma desalination plant
Royal Air Maroc launches a line Casablanca-Beirut
Safmarine establishes its presence in Cyprus
Signature of a partnership agreement with the Menzel Bourguiba shipyard renamed CMR-Tunisie
The firm buys Sannine Mineral Water for 11,5 million US$
Toyota will increase its production capacities with a 146 million euros investment
The engineering and design department opens its first 3 subsidiaries abroad in Algeria, Burkina Faso and Saudi Arabia
LDM Networks opens representative office in Algeria
Colonoscope co SightLine raises $10m
Stratic et Transatlantic Petroleum just obtain an exploration permit, Guecif-Beni Znassen, north of Morocco
The Algerian cement industry investments promotion company signed a contract with the firm regarding the purchase of 35% of its stake
Purchase of real estate assets owned by Tabarak Group in Egypt
Tirat Bat-Sheva hotel sold to US investors for $11.2m
The American fund has bought 15% of the shares of Veolia Maroc for 40,1 million US$
CALYON Bank Egypt, a Crédit Agricole subsidiary, inaugurates a new branch for its retail customers
Egypt, Morocco agree to invest $105 million in new JVs in several domains, of which a plant for production of PVC
Creation of a new company, called Somefor Peintures Maroc with the Bensalah group
The group starts the building of an olive oil plant in Jordan with local partners
SCRM has chosen to open a sales and consulting office in east Algiers
Opening of a new warehouse in the eastern part of the country
Mobile satellite antennae co RaySat raises $27m
Savola Group Consortium Acquires Egyptian Fertilizers Company
Meditelecom, lead by the Spanish operator Telefonica, has won the second fixed telephone line license
Qatar will invest 170 million US$ in tourist project in Tanger-Tétouan area
The group will invest 10 million euros in the Marsaxlokk harbour
Aeronautics research center to be set up in Casablanca
Joint venture with a Syrian businessman to create the first private brewery
The automotive manufacturer has invested 30 million euros in Logan production
Based at Hal-Far Industrial Estate, the firm will be a state of the art production facility for the production of finished dosage form
Kellogg, Brown and Root has been selected to develop one of the main oil field in Berkine basin
The hairdresser Farouk Systems sets up Israeli subsidiary at $2m investment
The firm will invest $160 million in projects for developing dry and container ports in Alger, Oran and Djidjelli
The aeronautic equipment supplier will open a new production plant specialised in composite materials assembly
A Sino-Egyptian company began construction of a no woven fabric project worth 12.5 million US dollars
A Quest international subsidiary, creates an office in Casablanca Tecknopark
RBE Design Studio creates an office in Casablanca Tecknopark
Tests e Performance creates an office in Casablanca Tecknopark
Establishment of an Egyptian-German company to produce heavy-duty oil-pumps
The firm has been awarded an oil exploration block in Egypt as part of a joint venture with Devon Energy Corporation and Teikoku Oil Company
Bank of Piraeus completes ECB Acquisition, with 69% of its shares
IFC signed an agreement to invest $3 million for a 20% equity stake in Egypt Factors
IFC signed an agreement to invest $3 million for a 20% equity stake in Egypt Factors
The company has taken-over BEST Re, a Tunisian Islamic insurance company
The Israeli branch of US venture capital fund Sequoia Capital has raised a $199 million third fund for investment in Israel
Oger Acquires 55% of Turk Telekom for $6.55 Billion
The third GSM operator, Umniah Mobile Company, is reported to have launched commercial servic
Nissan Khakshouri signed an agreement yesterday to sell his half of the Club Hotel group for $144 million
Opening of the second supermarket of the corporate name Géant
Cisco to buy Sheer Networks for $120m
Building of a large scale concrete pipe facility
Partnership with Foremhyd to build sea water desalination single pieces work stations
A Sino-Egyptian company began construction of a no woven fabric project worth 12.5 million US dollars
The aeronautic equipment supplier will open a new production plant specialised in composite materials assembly
Bank of Piraeus completes ECB Acquisition, with 69% of its shares
IFC signed an agreement to invest $3 million for a 20% equity stake in Egypt Factors
The firm has been awarded an oil exploration block in Egypt as part of a joint venture with Devon Energy Corporation and Teikoku Oil Company
Establishment of an Egyptian-German company to produce heavy-duty oil-pumps
IFC signed an agreement to invest $3 million for a 20% equity stake in Egypt Factors
The Israeli branch of US venture capital fund Sequoia Capital has raised a $199 million third fund for investment in Israel
Nissan Khakshouri signed an agreement yesterday to sell his half of the Club Hotel group for $144 million
The third GSM operator, Umniah Mobile Company, is reported to have launched commercial servic
A Quest international subsidiary, creates an office in Casablanca Tecknopark
RBE Design Studio creates an office in Casablanca Tecknopark
Tests e Performance creates an office in Casablanca Tecknopark
The company has taken-over BEST Re, a Tunisian Islamic insurance company
Opening of the second supermarket of the corporate name Géant
Oger Acquires 55% of Turk Telekom for $6.55 Billion
Cisco to buy Sheer Networks for $120m
Building of a large scale concrete pipe facility
Partnership with Foremhyd to build sea water desalination single pieces work stations
any and the UAE Majed al-Fateem company at a total capital of $ 150 million
Post Office Network
of a $270 million investment in the Middle East
mpany in Palestine
ership with the Tunisian Institution for Petroleum Activities
se of 35% of its stake
on and Teikoku Oil Company
on and Teikoku Oil Company
Foreign Investment projects June 2005
Country Company Industry
Morocco SQLI (France) Data-processing, software and services
Egypt Apachi (USA) Energy
Turkey Lafarge (France) Glass, wood, paper, minerals, ceramics
Egypt Al-Kharafi (Kuweit) Glass, wood, paper, minerals, ceramics
Morocco Italcementi (Italy) Glass, wood, paper, minerals, ceramics
Egypt Dallah Al Baraka (Saudi Arabia) Other commercial, financial, service activities
Turkey Fortis (Belgium Other commercial, financial, service activities
Morocco L'Annuaire universel (France) Telecoms and internet operators
Algeria Bonna Sabla (France) Transport, storage, construction, public works, water & utilities
Tunisia Mitsubishi (Japan) Car manufacturers or suppliers
Algeria General Electric (USA Transport, storage, construction, public works, water & utilities
Israel BBDO Consulting (Germany Consulting and services to companies
Israel E
York Capital Management (USA) lectric, electronic and medical hardware
Morocco Dana Petroleum (UK) Energy
Morocco Banks, media and (Kuweit)
The Moroccan-Kuwaiti Development Consortium other services
Algeria Korea Telecom (South Korea) Telecoms and internet operator
Turkey Ulric de Varens (France) Textile, clothing, luxury
Israel E
HarbourVest International (USA) lectric, electronic and medical hardware
Cyprus Russneft (Russie) Other commercial, financial, service activities
Egypt Chemistry, Arabia)
Saudi Basic Industries Corporation (Saudiplasturgy
Egypt Chemistry, Arabia)
Saudi Basic Industries Corporation (Saudiplasturgy
Algeria Tunisie Leasing (Tunisia) Other commercial, financial, service activities
Israel Other commercial, financial, service activities
Chenzhen Capital Group (China)
Morocco Marais.com (France Telecoms and internet operators
Morocco Veolia (France) Transport, storage, construction, public works, water & utilities
Morocco Lyonnaise des Eaux (France) Transport, storage, construction, public works, water & utilities
Israel UBS (Switzerland Chemistry, plasturgy
Israel Network Appliance (USA Electric, electronic and medical hardware :
Egypt Other commercial, financial, service activities :
Majid Al Futtaim (United Arab Emirates
Egypt Banks, media and other services
Majid Al Futtaim (United Arab Emirates)
Morocco Maersk Logistics (Denmark Transport, storage, construction, public works, water & utilities
Egypt British Gas (UK Energy
Egypt Italcementi (Italy) Glass, wood, paper, minerals, ceramics
Egypt Al-Rabata (Kuweit) Transport, storage, construction, public works, water & utilities :
Algeria Honeywell (USA) Aeronautical, naval and railway equipment
Morocco Lesieur (France) Agro-business
Egypt Lada (Russie Car manufacturers or suppliers
Morocco KIA Motors (South Korea) Car manufacturers or suppliers
Algeria Weatherford ltd (Canada Energy
Algeria Hyundai (South Korea) Furnishing and houseware
Algeria CFLG (China Glass, wood, paper, minerals, ceramics
Syria Al-Hareth (Austria Metals, work and recycling of metals
Israel Axa (France) Other commercial, financial, service activities
Egypt Vodafone (UK) Telecoms and internet operators
Turkey Banca IMI (Italy) Other commercial, financial, service activities
Lebanon Habanos SA (Cuba) Agro-business
Jordan Company (Kuweit
Kuwait Finance and InvestmentTransport, public works, real estate, utilities
Lebanon Maktoob (Jordan) Data-processing, software and services
Jordan Microsoft (USA Data-processing, software and services
Morocco Auchan (France) Distribution
Jordan Sun Microsystems (USA) Electric, electronic and medical hardware
Egypt Abbot (Italy) Energy
Egypt Ayok (Italy Energy
Egypt BP (UK) Energy
Tunisia Medoil (UK) Energy
Syria Soyuzeneftgas (Russie) Energy
Egypt Inconnu (Saudi Arabia) Glass, wood, paper, minerals, ceramics :
Syria Other commercial, financial, service activities
Qatar International Islamic Bank (Qatar)
Lebanon MTC (Kuweit) Telecoms and internet operators
Jordan InterContinental (USA) Tourism, catering :
Morocco Tourism, catering
Dubai International Properties (United Arab Emirates
Morocco Inconnu (Others) Agro-business
Algeria Transmet (France Electric, electronic and medical hardware
Tunisia Sagem (France Electric, electronic and medical hardware
Israel Zoran (USA Electronic components
Israel Accel Partners (USA Electric, electronic and medical hardware
Israel Markstone (USA Textile, clothing, luxury
Palestinian Authority Tourism, catering
Radisson Hotels & Resorts (USA)
Israel Inc. (USA
Boston Communications GroupData-processing, software and services
Israel eBay (USA) Data-processing, software and services
Morocco Heiploeg Shellfish (NetherlandsAgro-business
Syria Altadis (France Agro-business
Lebanon Arla food (Denmark) Agro-business
Algeria Unibra (Belgium) Agro-business
Egypt Iffco (Inde Chemistry, plasturgy
Morocco Demos (France Consulting and services to companies
Turkey Last Digital Limited (UK Data-processing, software and services
Jordan Oracle (USA) Data-processing, software and services
Jordan Conti (Turkey Electronic ware
Lebanon Capital trust (USA) Other commercial, financial, service activities
Egypt Optic Communications (USA) Telecoms and internet operators
Morocco Tasa Inversiones (Spain) Tourism, catering
Turkey Renault (France) Car manufacturers or suppliers
Source:Animaweb.org
Investment
SQLI will double the number of its salaries with 30 new jobs
Apachi will soon start the production of natural gas in the western desert with a total investment of 2 billion US$
Lafarge will build a factory in Istanbul in partnership with the Dalsan Inssat group
Selling of the paper Al-Ahliya company to the Saudi Emac, owned by the Kuwaiti Kharafi
The group will inject 160 million euros in its Agadir, Marrakech and Safi facilities to double the production capacities of Ciments du Maroc
The main shareholder (64,8%) of the Saudi Egyptian financing Bank decides to apply to its capital increase, holding 85,9% of its shares
The number of Fortis Bank branches will increase from 170 to 300
The answering service 39.12 starts its Moroccan office with 60 jobs
The company enter in the capital of the Trans canal centre/Hydro canal subsidiary
Beginning of the vehicles assembly in Tunisa with Société tunisienne d'industrie automobile
GE announces plans for largest desalination plant in Africa
BBDO Consulting creates its Israeli branch
Hapoalim sells most of Gilat holding to the fund York Capital and Mivtach Shamir
Global Resources Holdings just sells the 35% shares it possessed in Safi Offshore to Dana Petroleum
Moroccan-Kuwaiti Consortium increases its capital to 85 million euros help finance prospective investments in tourism, housing and financial services
KT to form broadband Internet Joint Venture in Algeria with Algerie Telecom and Daewoo
The perfume maker creates 2 subsidiaries in Turkey and Dubai to enter Middle East
Koor Industries Completes Sale of 39% of Telrad Networks to Fortissimo Capital Fund, HarbourVest International Private Equity Partners and Poalim Ventures
Russneft had bought Cyprus-registered Broadwood Trading & Investments
SABIC will set up a new project for the production of ammonia and urea in $700 million
SABIC will set up a new project for the production of ammonia and urea in $700 million
The firm enters in the Algerian Maghreb Leasing capital
The main Chinese private equity firm creates a fund with an Israeli partner
Axia Net Media, Vinci et Marais.com invest 47 million euros in the building of 3000 km optical fiber network
Redal, Veolia subsidiary, in charge of Rabat water, electricity and cleansing, will invest 360 million euros by the end of 2008
The firm to supply the energetic needs of eastern Casablanca will 20 million euros in 2006 and 2007
UBS buys Israel Chemicals shares to tune of 70 million US$
Network Appliance acquires Dan Avida's Decru for 272 million US$
Establishment of a giant Egyptian-UAE-Saudi business alliance
MAF to invest 500 million US$ in a commercial resort
sport, storage, construction, public works, water & utilities
BG Group is putting together $880 million in project financing for its second liquefied natural gas (LNG) uni
The group has signed an agreement to acquire 68% of Egypt's ASEC
Egypt & Kuwait to Set Up $1 Billion Container Port in Egypt in Damietta port
Honeywell (civil and defence aeronautical) is opening a facility in Algeria
Creation of a table oil refinery in Aïn Harrouda for 6 million euros
AvtoVAZ’s will build a new plant in Cairo with Lada in the third quarter of 2005
KIA Motors just opens a test facility called Chellah Motors in Rabat
Weatherford and Enafor (Algeria) create a joint venture, Oil Field Machinery Shop and Inspection Services
Launching of a new subsidiary in Garidi to produce home appliances
Cevital (Algeria) creates a joint venture with CFLG to start producing glass in June
Privatisation of the Hama steel-works management bought by al-Hareth
Axa and the Israeli investment company Tamir Fishman announced that they will launch placement funds for Israeli market
Vodafone Egypt Allocates 128 Million euros for the development of its Network
The Italian bank signed a letter of intention to purchase 20 percent of Global Securities
Creation of a joint venture with the Zeidan group to commercialise cigars in Europe, Asia and Middle East
Gulf Investment House and the Kuwait Finance and Investment Company have signed an agreement to fund the $500m Jordan Gate and Royal Village
Maktoob.com and Aramex International have jointly taken over Lebanon-based virtual shopping site Adabwafan.com
Microsoft and Oracle officially inaugurate their "incubators" on the Amman university's campus
The 18th ACIMA supermarket, created by Auchan and Cofarma, opens in Marrakech
Sun Microsystems announced plans for establishing the Levant region's first-ever Sun Centre of Excellence
Signature of an agreement with BP and the Italian Abbot for $63 million concerning the digging of three wells in the Mediterranean
Signature of an agreement with the Italian Ayok as well as two Croatian and German companies for $16 million concerns digging seven wells in the Western Saha
Signature of an agreement with British Petroleum for $140 million concerning the digging of six oil wells in the Mediterranean and extend Saqqara field
The exploration company set up to compete for oil and gas assets in the Mediterranean basin has been awarded a prospecting contract
The firm has signed a partnership agreement with Texas-based Gulfsands Petroleum for a 50 per cent stake in an oil field
Formation of a Saudi-Egyptian mining company to handle production of raw iron in Egypt
The bank has applied for permission of the Syrian banking regulatory authorities to set up operations in Damascus
Phone operator MTC will run one of Lebanon's two mobile phone networks
Opening of the Aqaba InterContinental Hotel
The division of Dubai Holding announced the launch of a $2 billion tourism development in Morocco
Opening of one the biggest flour mill by Middle East investors
Joint venture to create Medisteel, the first medical implants factory
The first Sagem plant has been inaugurated. It will generate 1000 jobs
Zoran complete the purchase of Oren Semiconductor for 44,6 million US$
Accel Partners, Gemini Israel Funds, and Magnum Communications Fund, invest 17 million US$ in Outsmart
Markstone Capital Partners Group LLC acquired 20% of Nilit Ltd
Radisson chain mulls a hotel in Gaza
The firm announces that it will acquire start-up PureSight for $5.8 million
eBay buys Shopping.com for $620m cash
Aquiculture : a giant farm will be created in the Dakhla bay for 10 million euros
Building of a new tobacco plant in Lattaquié which will be ready by the end of 2005
Creation of a joint venture to commercialise its products which local production will be multiply by 2 over the next 5 years
Unibra will invest € 15 million in the construction of a new brewery that will be operational by 2006
The Indian Farmers Fertiliser Co-operative Ltd (Iffco) proposes to set up a modern phosphoric acid plant for 1 billion US$
Demos is opening offices in Casablanca and Rabat
Launch of a new, full-service Web Hosting Centre in Istanbul
The firms announces the opening of a permanent office and training centre in Jordan
The electric household appliances manufacturer invests 10 millions euros in Al Qastal Industrial Zone
The firm inaugurated a new residential project in Beirut Central District
The firm has announced the launch of operations at its contracted call centre in Cairo
Fadesa sells lands to Tasa inversiones for 15 million euros
Renault will build Clio III three and 5 doors in its Bursa facility, investing 216 million euros
oduction capacities of Ciments du Maroc
al increase, holding 85,9% of its shares
nvestments in tourism, housing and financial services
Vest International Private Equity Partners and Poalim Ventures
on euros by the end of 2008
The firm inaugurated the extension of its custom warehouse in Aïn Harrouda
ent funds for Israeli market
ment to fund the $500m Jordan Gate and Royal Village
of three wells in the Mediterranean
for $16 million concerns digging seven wells in the Western Sahara
oil wells in the Mediterranean and extend Saqqara field
as been awarded a prospecting contract
Foreign Investment projects May 2005
Country Company Industry
Turkey Azego (France) Electronic components
Morocco Emteyco (Spain) Tourism, catering :
Algeria Orascom Cement Industry (Egypt) Glass, wood, paper, minerals, ceramics
Algeria Portek (USA) Transport, storage, construction, public works, water & utilities
Algeria Entreprose Contracting (France) Energy
Morocco Fruit of the Loom (USA) Textile, clothing, luxury :
Algeria SNC Lavalin (Canada) Energy
Turkey Amica (Poland) Furnishing and houseware
Algeria Nestlé (Switzerland) Agro-business
Israel Apax Partners (UK Telecoms and internet operators :
Egypt BP (UK) Energy
Algeria Frasabank (Lebanon) Other commercial, financial, service activities :
Algeria CNPC (China) Energy
Algeria Gulf Keystone (USA) Energy
Israel Vantage Point Venture Partners (USA) Other commercial, financial, service activities
Jordan Batelco (Bahraïn) Telecoms and internet operators
Lebanon Al Baraka Bank (Saudi Arabia) Other commercial, financial, service activities
Lebanon Tourism, catering :
Gulf Finance Investment Company (Saudi Arabia)
Lebanon FA Hotels & Resorts (Kuweit) Tourism, catering
Morocco Savola (Saudi Arabia) Agro-business
Morocco Roca Corporación Empresarial (Spain) Furnishing and houseware
Egypt Inconnu (Taiwan) Transport, storage, construction, public works, water & utilities
Egypt ENI (Italy) Energy
Egypt Inconnu (Taiwan) Transport, storage, construction, public works, water & utilities
Israel IDX Systems Corporation (USA) Data-processing, software and services
Israel Kodak (USA) Data-processing, software and services
Turkey Takkt (Germany) Consulting and services to companies
Jordan Inconnu (Saudi Arabia Consulting and services to companies
Lebanon Rafad (Kuweit) Tourism, catering
Malta Aon (USA) Other commercial, financial, service activities
Morocco Kerzner (South Africa) Tourism, catering
Turkey Carrefour (France) Distribution
Israel Arnon Milchan (USA) Car manufacturers or suppliers
Israel Ki-Bi Mobile (UK) Data-processing, software and services
Jordan Al Qamar Investment (Qatar) Tourism, catering
Jordan Golden Coast Investment (Egypt Tourism, catering
Morocco Inconnu (Spain) Agro-business
Morocco Renault (France) Car manufacturers or suppliers
Morocco Inconnu (United Arab Emirates) Transport, storage, construction, public works, water & utilities
Syria Inconnu (China) Other or not specified
Syria Vimpex (Austria Electronic components
Syria Stratic (Canada) Energy
Tunisia Accor (France) Tourism, catering
Egypt Inconnu (Inde) Chemistry, plasturgy
Egypt Aacom (France Data-processing, software and services
Egypt Sociedad Química y Minera (Chili) Chemistry, plasturgy
Morocco Anschutz Morocco Corp. (Canada) Energy
Morocco Direct Petroleum Morocco Inc. (USA) Energy
Source:Animaweb.org
Investment
Azego, the electronic components producer, will open a subsidiary in Turkey
Construction of the Cité due Lac resort for 160 million euros
Algerian Cement Company , subsidiary of Orascom, finishes the building of a new cementary production line in M'Sila for 187 million US$
The firm now owns 49% of the shares of a joint venture with the Entreprise Portuaire de Béjaia
Etterkib, a Sonelgaz subsidiary, is opening 49% of its capital to let Entreprose in
FOL announces a 160 million US$ investment in its new textile plant in Skhirate
SNC Lavalin is increasing to 20 per cent its stake in the $450 million project to build a new power plant at Skikda
Leading domestic home appliances producer builds a factory in Turkey
The water subsidiary of Nestle creates Taberkachent, a joint stock company in partnership with the Zahaf brothers fizzy drinks group
The Saban-Apax-Arkin consortium buys the 40% remaining Bezeq public shares
Egypt extends the duration of two oil concessions to BP committing BP to invest at least $615m over seven years
Frasabank to open a bank in Algeria with a capital of 35 million US$
A new 300 million euros condensate refinery will be built in Skikda
The company extends its activity in Algeria with a 65 million US$ investment
Opening of the firm Israeli branch to begin direct investment in Israeli companies
Batelco Jordan wins the second fixed line licence in the Kingdom
The bank is to raise its capital from 8 to 20 million US$
Creation of the Sannine Zenith winter sport resort for 1,4 billion US$
IFA plans a resorts in Lebanon
The company increases the production capacities of its Berrechid factory by 30% with 1 million euros
Roca plans to build a valves and fittings assembly unit in Morocco
Taiwanese firm wants to invest in East Port Said Bank for 94 million euros for a joint venture with local authorities
ENI and BP have signed an agreement for the development of a second 5 million-tonne-a-year liquefied natural gas train at Damietta
A Taiwanese firm wants to invest in East Port Said Bank for 94 million euros for a joint venture with local authorities
IDX to acquire Israel's RealTimeImage for US$15.5 million
RTI sold its graphic arts division to Kodak Polychrome Graphics in May 2004
The office and warehouse equipment mail-order specialist intends to start operating a new subsidiary in Turkey by the end of this month
Launching of ArabLawInfo.com, the largest and most rapid growing legal database in the Arab world
Rafad buys the Emilton touristic resort in Maameltein for 6 million US$
The US broking giant's specialist captive management and consulting arm is to open Aon Insurance Managers Ltd
In 2004, the Company with SOMED and CDG, announced the creation of a joint venture that will own a casino resort
Carrefour has conclude a deal with Fiba Holdings to buy its stakes in two retailers Gima et Endi
The Hollywood film producer closes 50% purchase of Automotive Equipment for US$40 million
Ki-Bi Mobile Technologies raises £10m in London institutional placement
The firm will establish a 320 room hotel in Aqaba special economic zone
The firm will establish a 250 room hotel in Aqaba special economic zone
Shellfish Farmers from the Canary Islands to Invest 7.0 million euros in Morocco in the construction of a factory
Renault buys Fiat shares in Somaca and possesses now 54% of this firm
Opening of the Rabat Mega Hall which construction have been financed by emirati investors
US$ 6.7 million to be invested in new Chinese factories in north Damascus
Building of a communications systems factory by the General Telecommunications Co of Germany
Stratic Energy of Canada has initialled a production sharing agreement with the Syrian Petroleum Company
Accor starts the construction of 4 new resorts for 62 million euros
Construction of a urea factory in Um Zaghbou by Indian investors for 600 million US$
The joint venture started in 2004 with Nilesoft is a success
The Chilean giant announced the building of a fertilizer factory in Egypt in 2005
Morocco granted to the company an oil exploration contract for the north-eastern region
Morocco has granted the company an oil exploration contract for the north-eastern region
of a new cementary production line in M'Sila for 187 million US$
e Portuaire de Béjaia
ct to build a new power plant at Skikda
ny in partnership with the Zahaf brothers fizzy drinks group
invest at least $615m over seven years
by 30% with 1 million euros
s for a joint venture with local authorities
5 million-tonne-a-year liquefied natural gas train at Damietta
os for a joint venture with local authorities
operating a new subsidiary in Turkey by the end of this month
database in the Arab world
m is to open Aon Insurance Managers Ltd
a joint venture that will own a casino resort
retailers Gima et Endi
ent for US$40 million
orocco in the construction of a factory
y emirati investors
unications Co of Germany
th the Syrian Petroleum Company
h-eastern region
Foreign Investment projects April 2005
Country Company Industry
Tunisia Actis (UK Energy
Algeria Inconnu (United Arab Emirates) Agro-business
Morocco Vedior (Netherlands) Consulting and services to companies :
Morocco Cyber Tour&Travel (Tunisia) Tourism, catering
Algeria France Telecom (France) Telecoms and internet operators
Jordan Transport, storage, construction, public works, water & utilities
Jordanian-Kuwaiti Holding Company (Kuweit)
Syria Dharamsi Morarji Chemicals Ltd (Inde) Chemistry, plasturgy
Tunisia Wanadoo (France Telecoms and internet operators
Turkey Benetton (Italy) Textile, clothing, luxury
Algeria Villar Mir (Spain) Chemistry, plasturgy
Egypt Four Seasons (Canada) Tourism, catering
Algeria Spinneys (United Arab Emirates) Distribution :
Egypt Spinneys (United Arab Emirates) Distribution
Egypt Movenpick (Switzerland) Tourism, catering
Jordan Spinneys (United Arab Emirates Distribution
Lebanon Fahd el Adel (Saudi Arabia Tourism, catering
Syria Spinneys (United Arab Emirates) Distribution
Syria Rotana (United Arab Emirates) Tourism, catering
Algeria Aventis (France) Drugs
Israel SciGen (Singapore Biotechnologies
Jordan Hariri (Lebanon Other commercial, financial, service activities
Morocco Banchereau (France) Agro-business
Morocco Silver Food (France Agro-business
Algeria Société Générale (France Other commercial, financial, service activities :
Egypt JLM Industries Inc. (USA) Transport, storage, construction, public works, water & utilities
Israel GIMV (Belgium) Other commercial, financial, service activities
Jordan Tourism, catering
Kempinski Hotels & Resorts (Switzerland)
Morocco Motorola (USA) Telecoms and internet operators
Turkey Deutsche Bank (Germany Other commercial, financial, service activities
Turkey Fortis (Belgium) Other commercial, financial, service activities
Algeria Byblos (Lebanon Other commercial, financial, service activities
Turkey Yazaki (Japan) Car manufacturers or suppliers
Algeria Peugeot (France Car manufacturers or suppliers :
Tunisia Enfidha (Italy) Other or not specified
Tunisia Citibank (USA Other commercial, financial, service activities
Tunisia Ipcc (Iran) Chemistry, plasturgy
Tunisia NIEF Plastique (France) Chemistry, plasturgy
Tunisia Leoni (Germany) Car manufacturers or suppliers
Tunisia Mechanics and machinery
Compagnie Marseille Réparation (France)
Tunisia BioMena (Canada Drugs
Tunisia COS Tunisie (Italy) Telecoms and internet operators
Tunisia M2C Maghreb Call center (France Telecoms and internet operators
Tunisia Mezzo (France Telecoms and internet operators
Tunisia Interstrap (France Textile, clothing, luxury
Tunisia Club Méditerranée (France) Tourism, catering
Tunisia Bouygues (France Transport, storage, construction, public works, water & utilities
Tunisia Qatar Airways (Qatar Transport, storage, construction, public works, water & utilities
Tunisia CRH Plc (Ireland) Glass, wood, paper, minerals, ceramics
Algeria BHP Billiton (Australia Energy
Algeria BP (UK) Energ
Algeria Gulf Keystone (United Arab Emirates Energy
Algeria Shell (Netherlands) Energy
Palestinian Authority Volvo (Sweden) Car manufacturers or suppliers
Israel Siemens (Germany) Electronic components
Jordan Data-processing, software and services
Injazat Technology Fund (United Arab Emirates)
Morocco Webhelp (France) Telecoms and internet operators
Turkey Other
Dubai Islamic Bank (United Arab Emirates) commercial, financial, service activities
Turkey Concorde Hotel (France) Tourism, catering
Lebanon BHV (France) Distribution
Lebanon Casino (France Distribution
Syria Accor (France) Tourism, catering
Algeria Euzebiose Filhos (Portugal) Transport, storage, construction, public works, water & utilities
Morocco Turkish Airlines (Turkey Transport, storage, construction, public works, water & utilities
Jordan Estarta Solutions (USA) Data-processing, software and services
Tunisia Sellbytel (Germany) Consulting and services to companies
Turkey EFG Eurobank Ergasias (Greece) Other commercial, financial, service activities
Algeria Swissport Int.Ltd. (Switzerland) Consulting and services to companies
Egypt Intel (USA) Electric, electronic and medical hardware
Israel Airspan Networks Inc. (USA) Electric, electronic and medical hardware
Israel Juniper Networks (USA Electric, electronic and medical hardware
Morocco Lafarge (France) Glass, wood, paper, minerals, ceramics
Turkey Daewoo (South Korea) Car manufacturers or suppliers
Tunisia Alcatel (France) Consulting and services to companies
Source:Animaweb.org
Investment
Actis has announced an investment of 30 millions US$ in Candax Energy Inc to purchase Centurion
New joint venture of Staem with the Société nationale de tabacs et d'allumettes
Vedior will enter the Moroccan market in September 2005
The group has started a joint venture with the travel agency Ulysse Voyages
France Telecom which obtained a GMPCS license in Algeria last November has just started its service
JKHC will build a $200 million cement factory in Jordan
Building of a factory producing 500 000 tons per year of tri super phosphate
The French Internet provider has chosen to enter the Tunisian market in collaboration with Planet
The group announced that it has agreed to acquire a 50 percent stake of Benetton Turkey's operation from Boyner Holding
Villar Mir which owns the fertilizer company Fertiberia, had bought for 123 millions euros 66% of Alzofer and Fertial and is going to build the world's largest am
A second Four Seasons hotel opens in Cairo at Nile Plaza
Spinneys investment in Algeria over the next 12 months
Spinneys investment in Egypt over the next 12 months
The company has opened the first luxury five-star resort and spa on the Mediterranean coast of Egypt at El Alamein
Spinneys investment in Jordan over the next 12 months
A group of Saudi investors bought Beyrouth Carleton Hotel for 41 million US$ and will invest 15 more million US$
Spinneys investment in Syria over the next 12 months
The Damascus Rotana hotel will be the newest addition to this regional chain when it opens during Summer 2005
Construction of an insulin production plant by Saidal with the collaboration of Aventis
SciGen Limited announces the establishment of a wholly-owned subsidiary company in Yavne for the Hepatitis B vacci
Hariri launches major real estate development company in Jordan for 108 million euros
Partnership with Lesieur Cristal to build a halal cold meats factory at the Nouasseur technopark
Silver Food to build a fish transformation factory in the Settat district
The bank is to open 10 new offices every year up until 2007
The firm announces its participation in the construction and operation of a chemical terminal in Alexandria
GIMV announces that it has committed $10 million to Genesis Partners III, a fund focusing on information and communications technology
The firm prepares the opening this year of a second Jordanian property, the Kempinski Ishtar Resort Hotel & Spa at the Dead Sea
Motorola opens its new after-sale service centre in Casablanca in cooperation with Lacom
The company buys 60% of the Bender Securities stake
Fortis to buy 89.3% of Disbank stake for 985 million euros
Byblos has purchases a 51% stake in Al Rayan Bank for US$ 12 million
The automotive equipment manufacturer has announced that it will relocate part of its production to Slovakia and Turkey
Peugeot Algérie just opens its new commercial representation called le Grand garage de Télemly
Creation of the Italian industrial park in Enfidha where 180 foreign (mostly Italian) firms will be housed, with the creation of 18,000 jobs
Citibank Tunisie adds 6 million euros to its capital
Creation of an Iranian and Tunisian triple superphosphate factory
Nief creates 40 jobs and invests 2,5 million euros to build plastic components for Timelec
Leoni, specialised in electrical cables for the automotive industry, invests 14 million euros in a new automatic production line
The CRM buys, in conjunction with Pireco, the Société tunisienne de construction et de réparation mécaniques et navales in 2004
Creation of Biomena for 35 million euros in order to produce cheap drugs
The firm creates a call center in Charguia and will recruit Italian speaking people
M2C creates 22 new jobs for its telemarketing activities in France
Creation of a new call center by the 3 Suisses subsidiary with 300 jobs
The company, specialising in wrist-watch straps, relocates to the Bizerte Free Zone in 2004
Opening of a new resort in the south of Agadir in 2004
Creation of a joint venture with Colas to produce and sell bitumen emulsion
Qatar Airways opens an office in Tunis and will operate a direct flight Tunis-Doha
The firm buys Sempa and owns 49% of Ciment de Gabès in 2004
BHP wins 2 blocks in the Illizi area and the Berkine area
BP wins 3 blocks in the Illizi area
The company wins 2 blocks in the south east of Constantine and the Béchar-Oued Namous area
Shell wins 2 blocks in the Gourara area and the Reggane area
Volvo, Sony-Ericsson and DeLaval will establish production or development branches in an industrial park on the West Bank
Ki-Bi Mobile Technologies, a supplier of SIM cards for handsets, receives multimillion dollar investment by Siemens and Emblaze
The venture capital fund announces a substantial investment in EJADA, the recently-launched integrated IT services and solutions provider
Webhelp opens its third call center in Morocco and creates 150 new jobs a 4rd one will be create this summer with 200 jobs
DIB opens new representative office in Turkey
The Concorde Resort-Spa Hotel in the Kundu region in Antalya, southern Turkey, will open in the summer of 2005
Opening of a 18 000m² BHV shop
Opening of a 11 000m² Géant Casino supermarket
Construction of a 230 room Sofitel in Syria which will be opened by 2008
The company creates a joint venture, specialised mainly in public works with SNTP
Turkish Airlines opens an office in Casablanca and launches its Casablanca-Istanbul airline
Estarta Solutions launches Microsoft Innovation Center with a government eTaxation product in Jordan
The company opened an office in Tunis on Feb 1st, with 150 employees, to serve the French market
Eurobank buys HC Istanbul Menkul Deðerler (securities) for US$25 million
The leader in ground assistance and based at Zurich airport, creates a joint venture in Algeria
Intel to set up a regional center in Egypt for the design and development of Intel products
Airspan buys ArelNet, a firm specialised in in wireless VoIP, for US$8.7m
Juniper Networks buys Israeli start-up Kagoor, a firm specialised in IP communications services, for US$67.5m
Lafarge invests Euro147 million in the improvement of its Tangier Mekenes and Safi factories
Daewoo to establish forklift truck base in Turkey with Sanko holding
Alcatel announces the creation of a new support centre for its sub-Saharan and north African clients
going to build the world's largest ammoniac plant
ations technology
solutions provider
Foreign Investment projects March 2005
Country Company Industry
Egypt Mobil Affiche International (France) Consulting and services to companies
Egypt Al-Kharafi (Kuweit) Glass, wood, paper, minerals, ceramics
Morocco Renault (France) Car manufacturers or suppliers
Morocco Energy
China National Offshore Oil Company (China)
Morocco Renta Corporacion (Spain Tourism, catering
Tunisia Patch International (Canada) Energy
Turkey Ikea (Sweden) Furnishing and houseware
Turkey PSA Peugeot Citroën (France) Car manufacturers or suppliers
Jordan Global Investment House (Kuweit) Other commercial, financial, service activities
Morocco Tata Chemicals Limited (Inde) Chemistry, plasturgy
Turkey Sociedad Química y Minera (Chili) Chemistry, plasturgy
Turkey Inconnu (France) Tourism, catering
Israel Matthew Bronfman (Canada) Distribution
Israel Ferring (Switzerland) Drugs
Egypt Shell (Netherlands Energy
Israel PlayTV (USA) Data-processing, software and services
Turkey Telia Sonera (Sweden) Data-processing, software and services
Egypt Chemnti (Italy) Glass, wood, paper, minerals, ceramics
Egypt Nuqul Group (Jordan) Glass, wood, paper, minerals, ceramics
Morocco Pininfarina (Italy) Car manufacturers or suppliers
Turkey Century 21 (USA) Consulting and services to companies
Palestinian Authority Emaar Properties (United Arab Emirates) Tourism, catering
Egypt KBR (USA) Chemistry, plasturgy
Egypt Al-Moqbel Company (Saudi Arabia) Tourism, catering
Jordan Jordan Kuwait Bank (Kuweit) Other commercial, financial, service activities
Morocco Auchan (France) Distribution
Morocco De La Loire BMP (France) Mechanics and machinery
Tunisia British Gas (UK) Energy
Egypt ACE International (USA) Other commercial, financial, service activities
Egypt Barclays (UK) Other commercial, financial, service activities
Egypt Calgary Centurion (Canada) Energy
Egypt Globeleq (UK) Energy
Egypt Inclusion Group (Netherlands) Data-processing, software and services
Egypt Inconnu (Denmark) Drugs
Egypt Pfizer (USA) Drugs
Egypt Hutchison Ports Holdings (Hong-Kong) Transport, storage, construction, public works, water & utilities :
Israel Winbond Electronics Corp (Taiwan) Electric, electronic and medical hardware
Israel Lightspeed / Pitango (USA) Data-processing, software and services
Morocco Barceló (Spain) Tourism, catering
Syria Gail (Inde) Energy
Turkey Brenntag (Germany) Chemistry, plasturgy
Turkey TUV Suddeutschland (Germany) Car manufacturers or suppliers
Turkey Fusion Telecom (USA) Telecoms and internet operators
Algeria BNP Paribas (France) Other commercial, financial, service activities
Algeria Société générale (France) Other commercial, financial, service activities
Morocco Boeing (USA) Aeronautical, naval and railway equipment
Morocco Logesta (France) Transport, storage, construction, public works, water & utilities
Turkey BP (UK) Energy
Egypt Hero (Switzerland) Agro-business
Israel Agere Systems (USA) Electronic components
Israel Intel (USA) Data-processing, software and services
Israel Isaac Katan (USA) Tourism, catering
Lebanon Cedars for Textiles (Syria) Textile, clothing, luxury
Morocco Snecma (France) Aeronautical, naval and railway equipment
Morocco Multicom (Belgium) Telecoms and internet operators
Morocco Bonneterie de Champagne (France) Textile, clothing, luxury
Turkey Global Securities (USA) Energy
Turkey Stoof International (Germany) Car manufacturers or suppliers
Egypt Inconnu (USA) Other commercial, financial, service activities
Egypt RWE Dea (Germany) Energy
Algeria Promosalons (France Consulting and services to companies
Syria Inconnu (Kuweit) Other commercial, financial, service activities
Tunisia Société Générale (France) Other commercial, financial, service activities
Turkey Mercedes-Benz (Germany) Car manufacturers or suppliers
Turkey Metro (Germany) Distribution
Turkey Toptel BV. (Netherlands) Telecoms and internet operators
Algeria Sogreah (France Consulting and services to companies
Algeria Orascom (Egypt) Telecoms and internet operators
Algeria Orascom (Egypt) Telecoms and internet operators
Egypt Sogreah (France) Consulting and services to companies
Egypt Oil and Natural Gas Corporation (Inde Energy
Egypt Accor (France) Tourism, catering
Israel Deutsche Bank (Germany) Other commercial, financial, service activities
Israel Alcatel (France) Electronic components
Jordan Jaguar (UK) Car manufacturers or suppliers
Jordan InnoKAT (United Arab Emirates) Data-processing, software and services
Morocco Fadesa (Spain) Tourism, catering
Source:Animaweb.org
Investment
The company specialised in poster advertising creates subsidiary in Algeria and is working with local advertisers
The firm increases to 130 million euros its share in a paper and carton-manufacturing project in the north-western Suez
RCI Bank, the financing arm of Renault, is set to launch a subsidiary in Morocco
The firmtakes 2 onshore leases in the south of Morocco
Construction of half a dozen resorts and 2 golf courses on the Atlantic coast for a budget of 370 million euros
Patch buys 40% of the Medjera block in the north of Tunisia
Ikea plans to open 3 more shops (in Izmir, Ankara and Istanbul) within 4 years investing 108 million euros
The company will produce small commercial vehicles, built in Bursa with Fiat and the Turkish car manufacturer Tofas
Global Investment House has completed the acquisition of a 13.3 per cent stake in Al-Isra Private Universi
Tata to invest US$ 38 million into Indo Maroc Phosphore S.A
The company opens a chemical treatment plant in Turkey
The French to build a thermal resort in Turkey at a cost of 28.5 million euros
Bronfman takes over 75% of IKEA Israel from the Co-Op for Euro 24.8 million
The US Savient Pharmaceuticals announced that it will sell its global Israel biologics manufacturing business to the Swiss company, Ferring
The firm buys 30% of four licensed areas in Western Egypt run by the Oil Resource company
PlayTV to acquire Pixel Technologies, a provider of cross-platform entertainment technology
The company will acquire a further 27% stake in the GSM operator Turkcell for USD 3.1bn, increasing its ownership to 64.3
The company will invest US$ 172 million along 10 years in the Suez Company For Cement controlling 39.9% of it shares
A Jordanian investment of $80 million will be channelled into setting up a new paper production factory in Egypt
The firm announces the opening of a company in Morocco
The firm plans to increase the number of its offices in Turkey to 150 in 2005 from the current 84
Emaar has decided to establish a new company — Emaar Palestine — in the Palestinian Authority
A local/US consortium unveils plans to develop the country’s biggest ammonia plant in the Gulf of Suez
The company unveils plans for an estimated US$64 million residential development in Cairo
The bank's capital was raised from 40 million to US$ 56.4 million
Construction in Rabat of the biggest Moroccan supermarket at a cost of 25 million euros
The equipment manufacturer specialising in electromechanic sub-assemblies for the aeronautic industry creates a subsidiary, Atlas Production
BG Tunisia is to develop a liquefied petroleum gas (LPG) plant and to built a pipeline between the cities of Sfax and Skhira and doubles its Tunisian investme
ACE acquires Egypt’s Commercial International Investment Company (CIIC) for insurance for US$6 million
The Barclays International Group banks' purchases stake in the Egyptian contributor, Banque de Caire, in Cairo Barclays
The company has started exploration for oil and natural gas in three regions in the Nile Delta and Kom Ombo for US$120 million
The firm has acquired all the share in the Sidi Krier power project
Creation of the first company for the development of electronic bill payment with the National Postal Authority
Joint Egyptian-Danish firm for producing insulin in the feddan-Abu Za’abal Pharmaceuticals City
Pfizer to expand its US$18 million production facility near Cairo and increase its capital shares from 10 to 33 million euros
The world's largest port operator agrees to develop and operate two terminals
Taiwan's Winbond buys NSM Herzliya unit for $75m
The start-up Transparency Software raises $6 million from Pitango Venture Capital and Lightspeed Venture Partners
Barceló invests 15 million euros in Morocco with the opening of 3 hotels by 2007
The firm said it will set up a joint venture company with a Syrian company for city gas distribution projects in Syria
Brenntag creates a new distribution company in Istanbul: Brenntag Kimya Tic. Ltd
Turkish-German Consortium to invest 1 billion Euro in Vehicle Technical Inspection Centre Network
Fusion acquires a majority stake in LDTS, telecommunications carrier licensed to provide services in Turkey
BNP Paribas Algérie increases its capital by 5 million euros and opens a bank in Blida
Société Générale Algérie increases its capital by 1 million euros
Joint venture between the subsidiary Aleon Training and Royal Air Maroc to open an aeronautic training center
The Altadis subsidiary, specialising in transport, invests 3 millions euros in Morocco
BP and Turkish Petroleum Corporation will begin an oil search in the Eastern Black Sea for US$ 100 million
Hero buys Vitrac, the Franco Egyptian agri-industrial company
Agere confirms acquisition of Modem-Art, the Israeli cellphone-chip company, for US$ 145 million
Intel Capital, Intel Corporation's strategic investment program, invests in start-up Safend
US consortium buys Elite's Ramat Gan site for US$ 44 million
Production of different types of raw material for textile industry
Creation of the Hurel-Hispano subsidiary specialising in composites for the aeronautic sector
Multicom transfers some of its activities and knowledge to Morocco
Bonneterie de Champagne, going through bankruptcy proceedings, relocates parts of its activity to Morocco
The State sells 14.76% of its Tüpras shares for US$ 446 million to GS, Nordic Pacific, Singapore Inv and other investors
The armoured car constructor decides to invest US$ 40 million in Turkey, rather than going to Poland
Launching of Egypt's First Private Mortgage Co. by the World Bank, the Egyptian American Bank and various other investors
RWE Dea wins concession contract in Egypt for gas and oil fields in the Egyptian Nile delta for US$ 7 million
Promosalons, French events organiser, to create a subsidiary in Algeria
Kuwaiti investment companies will open the first Islamic Bank in Syria with capital of 148 million euros
After spending 75 million euros to buy 52% of UIB at the end of 2003, Société Général is going to invest again
Mercedes Benz to have a vehicle-body facility in Canakkale, where they will also provide maintenance services for buses and trucks
Metro Group to make 300 million euros investment in Turkey in the coming years opening 4 new supermarkets
Toptel BV to invest in Turkey's telecommunications market through Toptel Telekomünikasyon Ýthalat Ihracat Ticaret Ltd.
Sogreah, the water, energy and urban development specialist opens a subsidiary in Algiers
Orascom to invest 270 million euros in its mobile network and to build a submarine line between Marseille and Algiers
The Egyptian company Orascom gets a Algerian fixed telephone licence
Sogreah, the water, energy and urban development specialist opens a subsidiary in 2004
Indian company receives an oil exploration contract
Accor to open a hotel in a Cairo suburb with two others planned in 2006
Deutsche Bank wins tender for sale of Leumi shares at 200 million euros
Alcatel negotiaties buying Native Networks for 45 million euros
Jaguar invests another 1.5 million euros in Jordan
InnoKAT launches FUSION, a regional IT company focusing on solutions for financial services with a development centre in Amman
Fadesa Maroc/Anjoca and Martin Casillas/BCN Med Land are chosen to realise the Tangier City Center project
ompany, Ferring
ry, Atlas Production
and doubles its Tunisian investments
Foreign Investment projects February 2005
Country Company Industry
Israel Accel Partners (USA Data-processing, software and services
Israel Intel (USA) Data-processing, software and services
Israel Shamrock (USA Data-processing, software and services
Israel Telvent Investments (Spain) Data-processing, software and services
Israel Lauder (USA Tourism, catering
Israel Gandel group (Australia Transport, storage, construction, public works, water & utilities
Morocco Avon Beauty Products (USADrugs
Tunisia E
Thani (United Arab Emirates) nergy
Turkey Schneider Electric (France) Electric, electronic and medical hardware
Turkey Drugs
Laboratoires Expanscience (France)
Algeria Latal (France) Agro-business
Algeria E
Thani (United Arab Emirates) nergy
Algeria Electric, electronic and medical hardware
ABB MEA Participation Ltd (Switzerland)
Algeria Eddar-Sidar (Saudi Arabia) Tourism, catering
Algeria Sagebat (France Transport, storage, construction, public works, water & utilities
Egypt Car manufacturers
Shenyang Brilliance Jinbei Automotive (China)or suppliers
Israel Serono (Switzerland Biotechnologies
Jordan Isigny (France) Agro-business
Morocco Pinturas Eurotex (Spain) Chemistry, plasturgy
Morocco Labinal (France Aeronautical, naval and railway equipment
Syria Alcides Branco (Portugal) Agro-business
Tunisia Lesieur (France) Agro-business
Tunisia Rigo Oil Company Ltd (USA)Energy
Tunisia Edun (UK) Textile, clothing, luxury
Turkey BNP Paribas (France) Other commercial, financial, service activities
Algeria Netconseil (France) Other commercial, financial, service activities
Algeria Société Générale (France) Other commercial, financial, service activities
Algeria Northrop Grumman (USA) Consulting and services to companies
Algeria Hyundai (South Korea) Car manufacturers or suppliers
Algeria Amec Spie (France) Energy
Algeria Siemens (Germany Electric, electronic and medical hardware
Algeria Ispat (Inde) Metals, work and recycling of metals
Algeria Faki (Kuweit) Tourism, catering :
Algeria Stucky sa (Switzerland) Transport, storage, construction, public works, water & utilities
Algeria Holcim (Switzerland Glass, wood, paper, minerals, ceramics
Cyprus Spot/Thompson (Greece) Consulting and services to companies
Egypt Burren (UK) Energy
Lafarge (France Lafarge (France Glass, wood, paper, minerals, ceramics
Israel Other commercial, financial, service activities
Wellington Management (USA)
Israel VNU (Netherlands) Telecoms and internet operators
Jordan Bank Audi (Lebanon Other commercial, financial, service activities
Lebanon Four Seasons (Canada) Tourism, catering
Morocco EuroRSCG (France) Other commercial, financial, service activities
Morocco Inconnu (Saudi Arabia) Other commercial, financial, service activities
Morocco MilleGen (France) Biotechnologies
Morocco Aeronautical, naval and railway equipment
Snecma Morocco Engines (France
Morocco SVR (France) Drugs
Morocco Samog (Belgium) Tourism, catering
Syria Bouchamaoui (Tunisia) Energy
Syria Soyouz Petrol (Russie) Energy
Syria Tourism, catering
Majid Al Futtaim (United Arab Emirates)
Tunisia SPID-France (France) Chemistry, plasturgy
Tunisia Avionav (Italy) Aeronautical, naval and railway equipment
Tunisia Eurest (France) Tourism, catering
Egypt Other
Gulf Insurance Company (Kuweit) commercial, financial, service activities
Egypt Microsoft (USA) Data-processing, software and services
Jordan Transport, storage, construction, public works, water & utilities
Aramex (United Arab Emirates)
Lebanon Transport, storage, construction, public works, water & utilities :
Aramex (United Arab Emirates)
Morocco NET2S (France Data-processing, software and services
Israel SAP (Germany) Data-processing, software and services
Turkey UnitInvest (Luxemburg) Tourism, catering
Turkey EGPI Firecreek (USA) Energy
Turkey Lufthansa (Germany Transport, storage, construction, public works, water & utilities
Egypt Société Générale (France) Other commercial, financial, service activities
Turkey Lorenz Severin (Others Other or not specified
Turkey Röstem Hairedin (Others Other or not specified
Algeria EdisonGas (Italy) Energy
Algeria Suez (France) Transport, storage, construction, public works, water & utilities
Lebanon Tourism, catering
Al Habtoor Properties (United Arab Emirates
Syria KIA motors (South Korea Car manufacturers or suppliers
Algeria Chemistry, (Italy)
Mediterranean Environmental Servicesplasturgy
Tunisia PA Resources (Sweden Energy
Turkey Rulmentul (Romania) Mechanics and machinery
Syria Arab Bank (Jordan) Other commercial, financial, service activities :
Syria Khodro (Iran Car manufacturers or suppliers
Syria (Iran
Ehdasse Sanat Corporation Energy
Syria Aqar (Saudi Arabia) Tourism, catering
Syria Bin Laden (Saudi Arabia) Tourism, catering
Turkey UniCredito (Italy) Other commercial, financial, service activities
Israel Potash Corp (Canada) Chemistry, plasturgy
Lebanon (Germany
Bavaria Hotels International Tourism, catering
Syria Chambre de commerce et d’industrie de Bahreïn (Bahraïn)
Other commercial, financial, service activities
Syria Inconnu (UK) Tourism, catering
Cyprus Debenhams Retail (UK) Distribution
Morocco Capelem (France Electric, electronic and medical hardware
Syria Finance (Lebanon)
Housing Bank for Trade andOther commercial, financial, service activities
Algeria Chronopost (France) Transport, storage, construction, public works, water & utilities
Syria Bank Audi (Lebanon Other commercial, financial, service activities
Algeria OPIC (USA) Transport, storage, construction, public works, water & utilities
Turkey Breiter Gruppe (Germany) Drugs
Israel Bronfman consortium (USA)Other commercial, financial, service activities
Israel Jordache Enterprises (USA) Distribution
Israel Energy
Eilat-Ashkelon Pipeline Co (Iran)
Israel Kodak (USA Electric, electronic and medical hardware
Israel Motorola (USA) Telecoms and internet operators
Tunisia Socomec (France) Electric, electronic and medical hardware
Source:Animaweb.org
Investment
The venture capital funds Giza Venture Capital and Accel Partners buy into Transtech Control for 22 million euros
Intel buys Oplus, a software solutions provider for digital display and flat screen TVs, for 80 million euros
MTI Computers and Software Services will allocate 20% of its shares to the investment arm of Walt Disney for 4 million euros
ViryaNet has received €1 million in equity financing from Telvent Investments
Beer Sheva's mayor announces that Ronald Lauder will spend tens of millions of euros on tens of properties
Gandel to buy 38% of Plastro Irrigation Systems and 50% of Palad Infrastructure and Pipes Ltd for Euro 24 million
Avon, a leading company in cosmetic products, invests 4 million euros in its Moroccan subsidiary
Thani obtains two oil exploration contracts in the west and centre-east of Tunisia
Schneider Electric will produce plugs in Turkey and multiply by 5 its production capacity
The laboratory, Expanscience, signs an agreement will Dharma Ilaç and launches the Mustela brand in Turkey
5 French transport companies create a joint venture, Latal, to help to sell Algerian agricultural products
The UAE group, Thani, invests in Algerian oil
Sonelgaz sells its share in Abbesco to the Swiss group, ABB MEA Participation Ltd
Eddar-Sidar to build 3 big tourist resorts at a total investment cost of 280 million euros
The French engineering group, Sagebat, opens a subsidiary in Algeria
Shenyang Brilliance Jinbei Automotive to set up a production base in Egypt by April 2005
Serono to set up genetic engineering R&D center with 25 staff
Isigny buys 45% of Nutridar capital in to commercialise baby milk
The varnish company, Pinturas Eurotex, to invest 2 million euros in a production plant in Casablanca
Labinal to build a factory specialising in electrical cables for planes
Alcides Branco opens a new plant in Syria in partnership with Syrolio
Lesieur Cristal, a subsidiary of the ONA group and Lesieur, takes 34% share of African Raffinerie
Rigo Oil Company Ltd obtains a oil exploration contract in the south west of Tunisia
Edun to open a plant for the ethnic textile brand managed by U2 singer's wife
BNP Paribas et Turk Ekonomi Bankasý (TEB) open 3 Trade Centers in Turkey
The new subsidiary of the French company Netconseil to launch itself in currency
Société Générale buys shares held by Khalifa Bank in Société Générale Algérie
Northrop Grumman launch a subsidiary of the Algerian Industries Development Group
Hyundai buy the old headquarters of Daewoo in the industrial zone of Oued Smar
Amec decides to invest in the creation of a logistics headquarters for its oil activities
Siemens takes a 51% share of SPA Estel Rail Automation in partnership with Société Nationale des Transports ferroviaires
Ispat will invest 16 million euros in 2005
Faki buys part of the capital of the hotel management company El-Aurassi
Hydraulics comapny Enhyd to cede 50% of shares to Stucky
Holcim to build a cement factory in Relizane at a cost of 144 million euros
The Greek advertising company, Spot:Thomson opens a subsidiary in Nicosia
Burren Energy has been awarded two potentially lucrative oil exploration contracts in Egyp
An Egyptian company controlled by Lafarge and Greece's Titan offers to buy an 11.5% stake in Egypt's Alexandria Portland Cement
Wellington Management setting up a new offshore stock fund in cooperation with Israel's Consulting and Business Development Forum
VNU invest 2.5 million euros in the internet start-up Trendum
Bank Audi acquires 40 per cent of Trust International Company
Four Seasons to invest 80 million euros and employ 300 people
Euro RSCG create Maghreb International Media with Havas Advertising
Compagnie Nord-africaine Intercontinentale de l’Assurance bought for 40 million euros
MilleGen to build Protenia, a protein production plant, in March 2005
Siemens Morocco to increase its capital with 0.8 million euros to finance its development
French laboratory SVR launches Moroccan subsidiary
samog commence construction of the Mogador resort at a cost of 120 million euros
Bouchamaoui obtains oil exploration contract in Syria
Soyouz Petrol signs oil exploration agreements totaling 500 million euros
The Dubai firm, Majid Al Futaim, to invest $1 billion in Syrian tourism project
A new SPID-Tunisie plant opens near Tunis
1st Tunisian civil helicopter plant to start production in October
Eurest, the specialised catering comapny, to invest 15 million euros
GIC will acquire a majority stake in Egypt’s Arab Misr Insurance Group from the Arab Insurance Group
Microsoft signs an agreement aimed at setting up joint ventures within information technology
Aramex plans to double its capacity at Amman Airport
Recent opening of an Aramex facility in the free zone at Beirut Seaport in Lebanon
NET2S takes total control of Syntone and reinforces its place in Morocco
SAP buys 2 start-ups, Virtual Locality et A2i, for 16 million euros. The comapny now has now 7 start-ups in Israel
Unitinvest buys Genel Enerji for 0.6 million euros and invest 8 million euros in 2004
EGPI Firecreek opens new Operations Centre in Istanbul with 30 employees
Lufthansa buys Lufthansa Çaðrõ A.ª for Euro 1.8 million
Scoiété Général opens several offices
Lorenz Severin buysAroma Deniz for 1.8 million euros in 2004
Röstem Hairedin buys Onur Inºaat for 0.35 million euros in 2004
EdisonGas to construct a gas pipeline between Sardinia and Algeria with Sonatrach (36%), Enel Power (Italia, 13,5%), Wintershall (Germany, 13,5%), Eos Energia
Suez to create the Société des eaux et de l'assainissement d'Alger in partnership with Algérienne des eaux and the Office national de l'assainissement
Al Habtoor to open the leisure park Habtoorland
KIA motors and LG to build assembly plant in Syria
MES to enter joint venture with Entreprise Algérienne des Services aux Puits to specialise in the study of petrol waste
Sweden’s PA Resources purchases a Tunisian subsidiary of SOCO International for 20 million euros
Setting up a ball-bearing production facility by Rulmentul at Duzce in Turkey at a cost of 5 million euros
Arab Bank gets the go ahead by Syrian government to open bank
Beginning of the construction of the first automotive factory by the Siamco joint venture
The Damascus petrol refinery, the first private joint venture in the sector, starts production
Aqar launch the construction of the Souk al-Hijaz commercial resort in Damascus at a cost of 40 million euros
The BinLaden group will build a new tourist resort, Palm Village, in the western suburb of Damascus
In partnership with the Koc group, UniCrediot buys 57% of the shares of the Yapõ Kredi bank for 1.2 billion euros
Potash Corp take control of RAC Investments Ltd., a subsidiary of Israel Chemicals Ltd., for 100.7 million dollars
Creation of a hotel joint venture in Dubai and Beirut
Creation of the Syrian-Bahraini Bank which will commence activities in the beginning of 2005
Construction of a 160 million euros tourist resort in Tartous to be financed by British investors
Debenhmans Retail buys 10% of the Cyprus retailer leader, Ermes, for 6.5 million euros
Capelem, Capelec subsidiary, will invest 4 million euros in Casablanca
HousingBankforTradeandFinance gets authorisation by the Syrian government to open a bank
Creation of a new Chronopost subsidiary in Algeria via joint venture
Bank Audi gets the go ahead by the Syrian government to open a bank
The OPIC will finance a sea water desalination plant near Algiers at a cost of 200 million dollars
Breiter Gruppe is to build a factory in central Turkey
The Bronfman Consortium to pay 260 million euros for a controlling interest of 26% in the Israel Discount Bank
Jordache Enterprises acquires 50% of Ampa, the largest distributor of consumer products in Israel
Eilat-Ashkelon PipelineCo participates in the construction of Israel's largest private power station in conjunction with Turkish Zorlu Holdin
Kodak will acquire Orex Computed Radiography Ltd. for $62.5 million
Motorola to buy 3 start ups and pay $130m for MIRS, 4th largest wireless operator in Israel
Socomec has invested 1.95 million euro in the creation of a subsidiary, Timelec
Walt Disney for 4 million euros
des Transports ferroviaires
Egypt's Alexandria Portland Cement
ting and Business Development Forum
Power (Italia, 13,5%), Wintershall (Germany, 13,5%), Eos Energia (Italia), Sfires and Progemisa
e des eaux and the Office national de l'assainissement
n in conjunction with Turkish Zorlu Holdin
Foreign Investment projects January 2005
Country Company Industry
Egypt Union Fenosa (Spain) Energy
Israel BritishTelecom (UK) Data-processing, software and services
Morocco Philips (Netherlands) Drugs
Algeria Cepsa (Spain) Energy
Egypt Inconnu (Others) Agro-business
Israel Intel (USA Data-processing, software and services
Israel UGS (USA) Data-processing, software and services
Morocco Endesa (Spain) Energy
Tunisia Lacroix (France) Electric, electronic and medical hardware
Morocco Toadcom (UK Telecoms and internet operators
Tunisia Sérac Composite (France) Car manufacturers or suppliers
Morocco Inconnu (United Arab Emirates)Tourism, catering
Morocco Four Seasons (Canada) Tourism, catering
Algeria Telecoms
Emarate Thuraya (United Arab Emirates and internet operators
Algeria Btp refer (Portugal) Transport, storage, construction, public works, water & utilities
Egypt Inconnu (Canada Energy
Egypt Microsoft (USA) Data-processing, software and services
Jordan Orthopédie Delcros (France) Drugs
Morocco Marmara (UK) Tourism, catering
Jordan AlAbraj (United Arab Emirates) Transport, storage, construction, public works, water & utilities
Morocco Robinson Club (Germany) Tourism, catering
Turkey PTLGroup (Inde) Chemistry, plasturgy
Turkey Aerium (France) Distribution
Morocco Accor (France Tourism, catering
Morocco Cinecitta (Italy) Other or not specified
Lebanon Alain Ducasse (France) Tourism, catering
Morocco Nexans (France) Car manufacturers or suppliers
Algeria Sidar (Saudi Arabia Other commercial, financial, service activities :
Algeria Drugs
Laboratoires Pierre Fabre (France)
Egypt Société Générale (France Other commercial, financial, service activities
Lebanon Starwood (USA) Tourism, catering
Malta Jacuzzi Brands (USA) Furnishing and houseware
Morocco Odyssey (Canada) Energy
Morocco SQLI (France) Data-processing, software and services
Tunisia Promodès (France) Distribution
Tunisia PA Resources (Sweden) Energy
Algeria Novo Nordisk (Denmark) Drugs
Israel Medis Technologies (USA) Electronic components
Syria UFA (Lebanon) Other commercial, financial, service activities
Syria Byblos (Lebanon) Other commercial, financial, service activities
Israel Heineken (Netherlands) Agro-business
Source:Animaweb.org
Investment
The joint venture by Union Fenosa with Egyptian General Petroleum Corporation to proceed to its first delivery of natural gas
BT to invest 200 million dollars in Israeli technologies over the next 3 years : BitBand, Emblaze, Maxbill and Mind CTI
Philips invests 3 million euros in the capital of Philips Systèmes Médicaux
Creation of a gas pipeline with Spain by the Medgaz consortium brings together Cepsa, the Sonatrach, Total, BP, Gaz de France, Iberdrola Electriques and E
A group of companies acquired 55% of the shares of Bisco Misr, the public biscuit factory for 21 million euros
The Intel private equity fund invest part of its $200 million "Digital Home" fund in 3 Israeli company
UGS announced that it will acquire Israel's Tecnomatix Technologies Ltd. for $228 million
Launching of an electricity power plant by Endesa (32% of capital), Siemens (20%) and the Office National d'électricité
Creation of a plant specialised in rolling slat blinds at a cost of 6.5 million euros. Plant to employ 300 people by 2009
Toadcom, a Vox Carriers subsidiary, buys Multicoms from Aérospatiale for 1 euro
Sérac Composite relocates part of its production to a Tunisian subcontractor
20 million euros investment in construction of a luxury hotel, the Royal Mirage Hotel, in Marrakech
Construction of a top quality tourist resort in Marrakech worth 70 million euros
The telecoms company, Thuraya, wins second licence for satellite phones worth 180 000 US dollars
BTP Refer likely to enter into joint venture to upgrade 1500 km of railways
Egypt signs $1.2 billion petrochemical agreement with Canadian firms
Microsoft to set up a technology creation centre at the Smart Village to train young people
OrthopedieDelcors, a company specialised in orthopaedic soles, to build a plant in Zarqa Free Zone
Signature of an agreement with Marmara, subsidiary of First Choice, worth 21 million euros
The investment company, AlAbraj, has just taken over 80% of the shares of Jordan Aircraft Maintenance Limited
Signing of an agreement by Robinson Club, subsidiary of TUI, worth 49.7 million euros
PTL Group build Film Facility in a tax-free zone for the connstruction of polyester film facility
Aerium buys Carrefour supermarkets
Accor wants to build an Ibis and a Mercure hotel in Ouarzazate at a cost of 7 million euros and opens its 10th Morrocan Ibis hotel
Partnership between Cinecitta and the Moroccan investor Saïd Alej to create cinema studios
In partnership with Patchi, Alain Ducasse has launched the first Lebanese dessert restaurant in Beirut
A subsidiary of Nexans wants to invest 1.5 million euros in automotive cable production this year
Sidar announces the construction in Algiers of a business center at a cost of US$150 million
Laboratoires Pierre Fabre to invest 6 million euros in the production of antibiotics
The company has increased its stake in local affiliate National Societe Generale Bank to 78 per cent
2 new Four-Points hotels, belonging to the international firm Starwood, open in Beyrouth
Over the last year JacuzziBrands has invested $4.5 million in their Malta plant, improving capacity by more than 50%
Odyssey has signed an agreement to acquire a set of exploration licenses in Morocco
SQLI announces its investment of 0.2 million euros in the company Lnet Multimédia based in France and Morocco
Promodès opens its first 3 Champion supermarkets in Tunis, Sousse et Sfax
A subsidiary of a PAResources will explore 8 petrol wells in the next 5 years at a budget of 10 million dollars
Novo Nordisk to invest 7.5 million euros in the production of oral antidiabetics
Medis Technologies announces the opening of a new facility in the Global Park Technology Complex in Lod
UFA, the Lebanese insurance company obtains a licence to operate in Damascus Free Zone
Byblos receives the authorisation to open a bank in collaboration with the OPEP investment fund
Heineken takes 40% of Tempo Beer Industries, the Israeli leader which holds 50% of the domestic market
nce, Iberdrola Electriques and Endesa