Press review 2011

05-31-211 - Maghreb Emergent - Tunisia: Textile industry has shown good results since february
With a 17.68% increase for exports and 25.03% for exports between March and April 2011, the Tunisian textile and clothing industry remains strong.

05-27-2011 - ENPI Info Centre - Invest in Med Review: Fall in investments and partnerships in the Mediterranean in the 1st quarter 2011
The democratic upheavals and the current transitions in the Arab world have had a significant effect on the trend of Foreign Direct Investment (FDI) and partnerships set up in the south of the Mediterranean region in the first quarter of 2011 

05-24-2011 - Le Cercle les Echos - Bénédict de Saint-Laurent: "The countries of the Printemps Arabe have to face a strong economic recession
This is demonstrated by the analysis of the economic impact of the arab revolutions and the results of the quarterly ANIMA-MIPO review. Hence this corollary issue: What decisions should Europe take to support those changes?

05-23-2011 - L'économiste - FDI: promising results for Maroc, fall of the investments in Tunisia, Egypt and Syria
Morocco forms an exception among the arab countries and show a significant increase of the number of FDI projects (37 during the 1st quarter of 2011) according to the ANIMA-MIPO Observatory, supported by Invest in Med.

05-12-2011 - Di-ve - Euro-Med business support organisations meet in Malta
The conference brought together representatives of the private sector who were able to share their experience particularly at such a significant time for the region, discuss the progress of the Invest in Med project and the strategy for the coming years.

05-04-2011 - Midpress - Supporting the new businesses with the Diaspora
A  meeting dedicated to the evaluation of the first step of the PACEIM programme for new innovating businesses, financed by the Invest in Med programme was held in Marseille, France.

02-05-2011 - Ahram Online - Euromed Invest summit to be held in Alexandria
The EU-funded programme supporting cooperation between Mediterranean countries will visit Egypt's second city in September.

05-01-2011 - Euroméditerranée - MedAcademy - How to promote sustainable investments in the Mediterranean?
This new session of Med Academy, (05-31-2011) organised in the framework of the Invest in Med programme will tackle a crucial issue for the Med countries: Can we afford to be particular about the quality of investments when thousands of jobs are still to be created?

04-30-2011 - ENPI Info Centre - Euromed Invest Summit to be held in Alexandria
The annual Mediterranean business summit, Euromed Invest, will be held on the occasion of the Invest in Med annual conference on 21 and 22 September 2011 in Alexandria, according to the latest edition of the Invest in Med electronic newsletter. 

04-28-2011 - Economics Newspaper - Sharp decline in FDI in Algeria in 2010
Foreign direct investment (FDI) in Algeria have experienced a “sharp decline” in 2010, according to a study entitled Mediterranean network Anima “Foreign direct investment and partnerships to the MED in 2010.”

04-26-2011 -  Europe News - Euromed: EU Commission aims to simplify visas for neighbours
During a conference co-financed by Invest in Med, the European Commission proposed to set up a partnership for the mobility of entrepreneurs and students with the neighbouring countries of the Mediterranean.

04-20-2011 - AnsaMed - Tunisia: Invest in Med, Diaspora Network now political
Amid the revolutionary wave currently washing over the South Mediterranean, the diaspora represents economic and political potential, according to a study on the mobilisation of the diaspora in the Med region, an initiative sponsored by Invest in Med.

04-14-2011 – Algérie Soir – EUR 800 million invested in Algeria in 2010
Whereas the figures for Maghreb are rather disappointing, Tunisia investments increased significantly, thanks to the telecommunications and property sectors (70% of the announced investments).

04-11-2011 – El Watan – Business first, and then, investments
Algeria draws more than EUR 2 billion of FDI yearly. According to the ANIMA-MIPO review, investment announcements decreased in 2010.

04-10-2011 – Les Afriques – Foreign Investments in Maghreb : a discouraging national preference
In 2010, Algeria and Libya hardened the conditions for the reception of FDI, by making mandatory for the foreign investors to associate with local partners up to 51% of capital. This national preference could discourage the foreign investors, counting on the huge potential of these oil-producing countries.

04-06-2011 - Ansa Med - Invest in Med, Network Postal Offices launched
The Euromed Post Community, an association dedicated to strengthening exchanges between 
Mediterranean post offices, was officially incorporated in Rome last month. According to  the Enpi website (www.enpi-info.eu), this regional post network, supported in its preparatory and launch phase by the EU-funded Invest in Med programme.

04-06-2011 – Europe Maghreb – Euro- mediterranean co-incubation  of the 3 MedVentures start-ups
EBN, the European network of incubators and technology parks supports the 3 winners of the MedVentures 2010 competition, by giving them the opportunity to get incubation in 2011. In the Netherlands for the Israeli EygalGPS, in France for the Palestinian Addicts 123, and in the United Kingdom for the Lebanese start-up Ounousa.com

04-05-2011 – Europe Maghreb – Réseau Entreprendre International accompanies the Tunisian entrepreneurship
The training seminar « Intermed Coaching for Young Entrepreneurs: best practices ” took place in Tunis in March 2011. It was the last operation implemented by the Med Young Entrepreneurs Coaching Network initiative, meant to accompany young entrepreneurs and to develop a South-Mediterranean business network.

04-04-2011 – Le Jmed – Youth and employment are the first priority of OCEMO
The OCEMO board met in Marseille the 1st of April. The OCEMO program for 2011 will be modern and centered on youth and regions.

04-04-2011- Classe Export – 2010 ANIMA-MIPO review of investments and partnerships
The European companies definitely lead the way, with half of the investments in terms of amounts. Since 2009, The Gulf partners tripled, and the Med Partners doubled, which is extremely encouraging for the future of South-South integration.

04-04-2011 - Les Afriques - Algeria: government admits policy problems for FDI
Foreign companies remain reluctant to invest in Algeria. The government, at long last,  has admitted that its tax policies might have something to do with that.is not only in  the field of energy that Algeria's tax regime is discouraging foreign investment.

04-04-2011 - ENPI Info Center - The Mediterranean posts join forces
Euromed Post Community, a structure meant to reinforce exchanges and links between Mediterranean posts, was officially launched last month in Roma. The Euro-Mediterranean programme, Invest in Med, supported its creation.

03-28-2011 - La presse de Tunisie - Creation of the IMCI
Invest in Med contemplates to creating a Mediterranean Institute for International Business, meant to contribute to the development of economic trade in the Mediterranean area, and its position among the global economy.

03-25-2011- Jeune Afrique - FDI in  2010 : an ambivalent balance
Energy, banks, buildings and public works, telecommunications and materials remain the favourite sectors of foreign investors. The FDI increased sharply in the countries from the South and East Mediterranean, except for Marocco and Algeria.

03-23-2011- Le commerce du Levant -  Lebanon is the 2nd biggest investor in the Sout Mediterranean
Lebanon is the second investor in the South Mediterranean area, according to the ANIMA Observatory. In 2010, the study listed 15 projects to a tune of EUR 84 million.

03-21-2011- African Manager-  FDI are being restructured
In 2010, FDI generated almost 760 000 jobs. They significantly encouraged growth and stability in the Mediterranean.

03-20-2011- Kuriat International - FDI, encouraging figures for Tunisia
In 2010, Tunisia managed to reach the pre-crisis level in terms of announced amounts, and to exceed this level in terms of number  of projects, according to the 2010 MIPO review.

03-19-2011- France Moyen-Orient – Investments in Egypt : the 2010 positive trend should continue in 2011
Egypt, which has initiated major changes, benefits from diversified economic sectors , based on energy, transports, infrastructures, agro industry, retailing, banks, tourism, industry, and ICT.

03-18-2011- Marchés Tropicaux et Méditerranéens - Egypt, foreign investors are still optimistic
The egyptian political evolution is not detrimental to the foreign investors’ interest in the hydrocarbon sector. BP invested EUR 6,573 billion in 2010, according to ANIMA.

03-18-2011- L'économiste – Investments : Marocco stays the course
23 projects of a total sum of dirhams 40 billion were presented to the Investments Commission in Rabat. 23 billion were invested by local developers, 17 billion by foreign investors.

03-18-2011- Transaction d'Algérie – Investments and partnerships: Maghreb lags behind…
Palestinian Authority, Algeria and Syria are considered less active in the Mediterranean.The ANIMA-MIPO review also highlights the impact of several « regional industrial champions in the South ».

03-18-2011- Observatoire des investissements – Foreign Direct Investments
Less tourism, more high-technology industry. Agribusiness and textile decrease. An upturn in  Aeronautics , logistics, engineering and electronics is being witnessed.

03-17-2011 - Wiki2d - Batimed So’eco : How to help the 150 000 building and public works develop sustainable construction.
This initiative, led within the framework of Invest in Med gathers professionals from Syria, Lebanon and Tunisia, involved in the building or more sustainable buildings.

03-17-2011- Yabiladi – Marocco : stability of FDI  en 2010
The ANIMA-MIPO review considered 2010 a transitional year, between economical crisis in 2009 and political crisis in 2011. The coming year, however, could witness an increase of FDI in Marocco.

03-16-2011- Algérie Soir – ANIMA points out a 13% decrease of FDI in 2010
While the ANDI points out a rise in investments in 2010, a recent study of ANIMA notices a sharp decrease.

03-15-2011- Econostrum – Accompanying the entrepreneurship in Tunisia
Réseau Entreprendre International reinforced its presence in Tunisia thanks to Invest in Med financial support, and organized a training seminar (Intermed Coaching for Young Entrepreneurs: best practices) to encourage the experience sharing.

03-13-2011 - Jeune Afrique - 2010 ANIMA-MIPO review
With 862 projects detected in 2010, as reviewed by the ANIMA-MIPO Observatory, the FDI increased of 17% this year, and 33.2 billions euros have been invested throughout the year.

03-13-2011 - CityDZ- A perceptible fall in FDI in Algeria
According to the ANIMA-MIPO review, Algeria, marked by a form of antiliberalism, had to  
face a sharp decreased of FDI (-13%)

03-11-2011 - InvestImmob- 70 billion euros of investments from Arab countries to the  
South Mediterranean
This colossal amount of money enabled to finance 700 projects, mainly in the real-estate  
and tourism industry.

03-10-2011 - Israel Valley- Turkey, Egypt and Israel are the most attractive destinations in terms of FDI
The global results for Maghreb are disappointing, except for Tunisia, whose performance is practically equivalent to far more populated countries.

03-08-2011 - La presse de Tunisie- ANIMA experts on tour
On Eurochambres' initiative, the ANIMA experts will present the business and investments opportunities of the Mediterranean countries in three European capitals in April 2011.

02-28-11 - ENPI- Regional events are an opportunity to revive partnership
It is precisely the time when we should raise awareness about the fact that this transition will be favorable to investments.

02-27-11 - La presse de Tunisie - The region still in favour of foreign and local investment
ANIMA Investment Network website assesses the situation of the mediterranean area, after the recent and unexpected political events of the last 3 months.

02-24-2011 - Le Jmed - "The transition which currently takes place in the Mediterranean area will stimulate the investments"
Among all the reforms called for by the peoples of the Mediterranean, those which advocate more social equality, a stronger democracy, a better distribution of wealth, and more education will reinforce the market potential.

02-18-2011 - Econostrum- Societies under constraint: still a long way to go to express their economical potential.
In most countries of the South Mediterranean, the potential growth has not been mobilised with a view of developing the economy.

02-07-2011 - Europe Maghreb: PACEIM Business Meeting in Rabat (02/12/11 to 02/17/11)
This operation, financed by Invest in Med, is meant to back the creation of innovating enterprises in the Maghreb.

01-31-2011 -  ENPI- Invest in Med promotes know-how of women from the Maghreb at Paris trade fair
"Distrimed 2.0” aims to raise awareness and provide support to ten female entrepreneurs from the Maghreb (Algeria, Tunisia and Morocco).

01-26-2011 - Maghreb Emergent - Algeria: England and Germany compete for contracts
Two delegations of German and businessmen went to Algiers to get information about Algeria's needs in terms of technology and equipments.

01-22-2011 - Wediaz- Investment opportunities in Tunisia are still relevant today
According to ANIMA Investment Network, theinvestment opportunities in Tunisia have not been jepoardized by the recent political events.

01-20-2011 - Les Echos - Marocco leads the field in networking
Marocco particularly leans on networking made up of qualified nationals from the south mediterranean area.