Mon 15 Mar 2010 :LIBYA - Italian firm Medco to invest US$400million in an energy project
Italian oil and gas company Medco Energi International will invest as much as US$400 million in an oil facility in Libya, in partnership with Libyan Investment Authority (LIA). The total cost of the project is estimated at US$800million. (more)
Sun 28 Feb 2010 :TUNISIA - ASSURANCES SALIM to go public on Tunis Stock Exchange
Tunisian insurance company, ASSURANCES SALIM, will go public on Tunis Stock Exchange through a capital increase of TND3.3million. The offering consists in the issue of 660,000 shares at TND15.0 per share, with a nominal value of TND5.0 per share and a premium of TND10.0 per share. (more)
Mon 22 Feb 2010 :TUNISIA - New gas discovery at Southern Block
Austrian oil and gas company OMV has recently announced new gas discovery at the Jenein-South block in Tunisia, which it is developing together with state oil company ETAP. (more)
Wed 27 Jan 2010 :LIBYA - A US$2.8billion development plan for the period 2010-2013.
Libyan People''s General Committe for Industry, Economy and Trade has recently announced the launching of a comprehensive triennial development program worth US$2.8billion (LYD3.4billion) encompassing 2,191 projects and contributing to creating 25,167 jobs. The plan aims at boosting the industrial sector in the country at a faster pace. (more)
Mon 25 Jan 2010 :MOROCCO - French Bank BNP Paribas launches its first private bank in North Africa
BNP Paribas, the biggest bank in terms of deposits in the Euro zone, has recently ushered in a new chapter of regional diversification in the North Africa through the launching of a private bank in Morocco dedicated to businessmen and private clients.
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Mon 30 Nov 2009 :LIBYA - Four IPOs planned for 2010.
According to the chairman of the Libyan Stock Exchange, Libya plans to sell shares in four state companies in Initial Public Offerings (IPO) in 2010, including two telecom firms, an iron and steel company an a bank. (more)
TN.