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North Africa

Egypt industry races to fill void as trade gap to narrow $11-12 bln in 2016
Egyptian court confirms 20-year prison sentence on Mursi
Goldman Sachs wins $1.2 bln dispute with Libyan sovereign fund
Libya’s Zueitina loads first crude export cargo since 2015
Suez project loses steam / ANALYSIS
“How we fight against traffickers and jihadists” / INTERVIEW
Denmark offers to ship chemical weapons out of Libya
Egypt launches Hurghada-Sharm ferry service
Wurth: order worth $160 million in Algeria

Wurth: order worth $160 million in Algeria

Genoa - Algerian Qatari Steel (AQS)has awarded the Genoese Paul Wurth group an order for the supply of engineering, equipment and technical services for the construction of one of the world’s largest gas-based direct reduced ironmaking (DRI) plant

Egypt receives $650m worth of fuel from Saudi Arabia in May and June
Saint-Nazaire, ‘Nasser’ navy ship leaves for Egypt
Morocco’s Central Bank, China Banking Regulatory Commission Sign MoU
Morocco’s future cannot depend on agriculture / ANALYSIS
Tunisia: Forgetting Terrorism / ANALYSIS

Tunisia: Forgetting Terrorism / ANALYSIS

The infrastructure project is an ambitious one (€382 million largely financed by the African Development Bank, the Agence Française de Développement and the World Bank) as it seeks, by 2020, to build and upgrade 719 km of roads, mainly in Tunisia’s inland governorates.

BEA confirms EgyptAir jet signalled smoke on board before crash
Italian foreign minister meets new leaders in Libya, pledges support
EU enforces sanctions against Libyan leaders

EU enforces sanctions against Libyan leaders

Brussels - Three Libyan political leaders opposing the U.N.-backed unity government are from Friday subject to European Union’s economic sanctions, the EU official journal said. Fearful of derailing peace efforts, EU governments hesitated for months before agreeing in March to move on with restrictive measures

APM Terminals to operate new port in Tangier

APM Terminals to operate new port in Tangier

Copenhagen - The world’s third largest port operator APM Terminals said it will invest 758 million euros ($858.3 million) in a new transhipment terminal in Tangier, Morocco, that will be the first automated terminal in Africa. The new container terminal will have an annual capacity of five million 20-foot equivalent units (TEU)

Russia to supply 40 helicopters to Algeria

Russia to supply 40 helicopters to Algeria

Moscow - Russia will deliver 40 Mi-28NE attack helicopters to Algeria in line witha bilateral contract, Interfax news agency said on Friday, quoting a source in Russia’s arms exporting bodies. The Mi-28 helicopter, dubbed “Night Hunter” by the Russian military, is said by arms experts to be among the best in the world

Militants fire rockets at Algerian gas plant

Militants fire rockets at Algerian gas plant

Algiers - Militants attacked an Algerian gas plant operated by Norway’s Statoiland BP with rocket-propelled grenades on Friday, causing no casualties or damage but forcing the facility to be closed as a precaution. Algeria’s energy infrastructure is heavily protected by the army especially since 2013

Port Said Harbour to be launched later this week
IMF starts talks with Tunisia over new loans

IMF starts talks with Tunisia over new loans

Tunis - A delegation from the International Monetary Fund will visit Tunisia on Thursday begin talks on a new credit programme likely to be worth at least $1.7 billion, a Tunisian official said. Tunisia is seeking to revive an economy that has struggled since the 2011 uprising that sparked the Arab Spring revolutions

Egypt edges toward wheat supply crisis as traders boycott tender
Libyan Court drops charges against seamen

Libyan Court drops charges against seamen

Tripoli - A Libyan court has withdrawn the charges of smuggling of oil products brought last year against the crew of tanker vessel “Sunoil”, which included two Bulgarian nationals, the Foreign Ministry in Sofia announced on Friday

Passenger dies on board GNV’s “Excellent”

Passenger dies on board GNV’s “Excellent”

Genoa - The Public Prosecutor of Genoa has opened an investigation into the deathof a 39-year-old Tunisian on board the ferry “Excellent”, which plies the route between Tunis and the Ligurian capital, and which reached Genoa on Wednesday at about 6:30 PM

Paris concert gunman was French, known to have Islamist ties
Airliner tragedy crushes Egypt hopes of tourism revival

Airliner tragedy crushes Egypt hopes of tourism revival

Sharm al-Sheikh - Tourism in Sharm al-Sheikh was picking up again after years of political turmoil, with so many Russians enjoying the sun and fun that local beach aerobics instructors used the visitors’ own language rather than Arabic or English.

Morocco stands fast on Western Sahara

Morocco stands fast on Western Sahara

Rabat - Morocco’s king said he will offer no more than autonomy for the disputed Western Sahara, a few days after United Nations chief called for “true negotiations” to end the four-decade deadlock over the region. Morocco has controlled most of Western Sahara since 1975

China slowdown also affects the African GDP
EU mulls mission to disarm Libyan factions

EU mulls mission to disarm Libyan factions

Brussels - The European Union is considering helping Libya strengthen its bordersand disarm militias if a government of national unity is formed in the war-torn country, says a EU document produced by officials working for the EU foreign affairs chief Federica Mogherini, sent to European capitals on Monday

DP World Limited-Investment opportunities in Algeria seminar opens in Dubai
Libya’s oil output down to 300,000 bpd
Egypt tourism expects moderate growth

Egypt tourism expects moderate growth

Cairo - Egypt’s tourism industry,hit by years of political upheaval and militant violence, is expected to post moderate growth this year and hopes a global advertising campaign will revive the sector vital for economic recovery, the tourism minister said

Sisi agree on sale of Mistral warships to Egypt

Sisi agree on sale of Mistral warships to Egypt

Pairs - France has agreed to sell two Mistral helicopter carriers to Egyptafter their sale to Russia was cancelled in August and will not incur a financial loss in the transaction, government spokesman Stephane Le Foll said. Cairo has sought to boost its military power in the face of a two-year insurgency based across the Suez Canal

Eastern Libya struggles to attract oil buyers in row with Tripoli / ANALYSIS
Eni discovers a supergiant gas field in the Egyptian offshore
Egypt launches New Suez Canal celebration/ GALLERY
Egypt opens Suez Canal expansion to high hopes and some doubts
Ethiopian Maritime Training Institute hosts IMO delegation
British tour operators evacuate thousands of tourists from Tunisia
Gun attack kills at least 28, including Europeans, at Tunisian beachside hotel
GNV drops Melilla and confirms Nador link

GNV drops Melilla and confirms Nador link

Genoa - Grandi Navi Veloci announced that it is resuming services on the ferry route between Sète and the port of Nador, in Morocco. The obstacles to its operations in Nador, that had required the company to switch its route to the nearby port of Melilla, have been cleared

Russia and Egypt hold joint naval exercise
Libya’s official government says central bank now based in eastern HQ
New Moroccan motorways planned
Tunisian soldier shot dead after opening fire on colleagues and killing one
Libyan government warplanes attack ship near port
Accused arms smuggler left Tunisia for Italy before museum attack
Egypt permits private sector to import natural gas
Ansaldo Energia in negotiation with Egypt over new power plants