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December 2009 |
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Consult the newsletter on line and/or Suscribe to our newsletter Leading news
Invest in Med thanks its partners for their great mobilisation in 2009 |
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| Ongoing projects | Back to top |
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Launch of MedDiaspora, the first Mediterranean economic expatriates directory: Participate !
How to involve high level expatriates in the economic development of the Mediterranean? The MedDiaspora project aims at identifying entrepreneurs, researchers and high level executives investors living abroad, to understand their international business projects and to list the supporting networks and support services in their home countries. You are willing to participate? Click here . |
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The TEXTECHMed case study highlighted by the European Commission
On December 3rd 2009, TEXTECHMed presented its activities, results and its project to build a regional prototyping platform to the DG Enterprise of the European Commission. The TEXTECHMed case study will be highlighted during the Euro-Med Conference on technical textiles and innovation, which will be organized by the European Commission, on next March 2010. [Read+] |
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Smart business partnerships in Algeria : get involved in PaperMed !
40 Maghrebin and European entrepreneurs from the mechanical sector supplier of paper industry, will meet each others in Algiers in January 18 and 19, 2010, in order to develop industrial and commercial partnerships. A round table “Qualification of human resources, investments attraction, enterprise competitiveness" will be organized in parallel. Algerian, Maghrebin and European entrepreneurs are welcome! [Read+] |
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“Euro-Med partnerships in ICT : E3M Morroco 2009”
On November 23 and 24, the Casablanca Technopark held the “e-3M Maroc’2009 Business event” : around thirty Tunisian, Algerian and French Companies and 200 Moroccan entrepreneurs participated in business matchmakings, visited the Casa nearshoring park and attended workshops on experts information systems and enterprise governance. [Read+] |
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150 innovation and economic development networks support MedTracking start!
More than 150 networks from seven Black Sea and Mediterranean countries have undertaken to develop a business and innovation community applied to the secured shipping of containers. The Med-Tracking will present its action plan in Q1-2010 : market studies, development of a prototype, pooling of research, training and test facilities. [Read+] |
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MED ZONES launches its operations
Cases studies have been carried out on the three most important industrial zones in Marseille to find out the key success factors and best practices for the management, development and attractiveness of sustainable industrial zones. 6 other Moroccan and Tunisian activity areas will then be investigated in the course of next January. [Read+] |
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The Industrial partnership trophies bestowed to three couples of French-Maghrebin enterprises
The Industrial Partnership trophies have been bestowed by ADECI on December 16 2009 to three French enterprises having developed an exemplary collaboration with three Maghrebin enterprises. The enterprises were rewarded for the establishment of successful technological partnerships in the field of urban water management, the creation of a corporate joint venture for production and export of clementines and the setting of two manufacturing plants for production of sportswear clothing. [Read+] |
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Visit of a Bavarian companies delegation in Algeria, December 5-8, 2009
A delegation of Bavarian companies visited Algeria, under the direction of Katja Hessel, Bavarian State Secretary for Economic Affairs. During a meeting with the president of the Algerian employers’ organisation (CGEA), both sides declared their intentions to develop and stimulate new opportunities for cooperation, including in the framework of Invest in Med. [Read+] |
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A successful training on Business Networks management
In the framework of a training organised in Morocco by the ACFCI, six experts addressed the issues of corporate networks in high-priority sectors (textile, tourism, mechanics, ICT) and presented possible management strategies to more than twenty trainees. A collaborative platform will be opened soon to facilitate the development of partnerships between participants. [Read+] |
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Signature of a cooperation agreement between the two agrifood clusters of Bizerte and Avignon
An official cooperation agreement was signed by the Presidents of two agrifood clusters in the framework of the Tech Fruits and Vegetables BtoB meetings organised early December 2009 in Avignon. This agreement establishes the exchange of technical and professional tools in order to promote innovation and to unite all actors working in the field of transformed and fresh Fruits and vegetables in the two countries. [Read+] |
| Business opportunities | Back to top |
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Algeria Industry: Algiers reveals an ambitious development programme for innovation The Minister of Industry and the investment Promotion revealed the new strategy of development of innovation and research in the industry sector. [Read +] |
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Egypt Egypt boosts the wind power development The new wind complex, of a capacity of approximately 250 megawatts, should be built at the edge of the Red Sea, on western bank of the Gulf of Suez. [Read+] |
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Libya Tripoli gets equipped with innovative urban furniture The French designer Marc Aurel Studios currently finalizes the urban redevelopment of about the entire hyper centre town of Tripoli. [Read+] |
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Morocco Morocco - EU: signature of the agreement on the liberalization of agricultural trade After three years of negotiations, the agreement on the liberalisation of agricultural trade, agri and fish product between Morocco and the European Union was signed on December 14, 2009 in Brussels. [Read+] |
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Syria Spain will help Syrian SMEs During a visit in Damas, the Spanish Trade Secretary of State , Silvia Iranzu, revealed that its country was going to grant 8M€ to Syria, from which a part will be allocated to small and medium-sized enterprises. [Read +] |
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Tunisia Tunisia: the private health sector shows good results in 2009 Tunisia welcomed about 100,000 foreigners, mostly Libyan and African, in its 118 private clinics in 2009, generating a global turnover of nearly 40 million euro. [Read+] |
| Recent investments in med | Back to top |
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Algeria - Bank, insurance, other financial services Société Générale / Société Générale Algérie : The bank to increase the capital of its local subsidiary Société Générale Algérie and expand its network to reach 70 branchs by the end of 2009 |
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Palestinian Authority - Electric, electronic & medical hardware||Data processing & software Cisco Systems : The Israeli team of the IT group to further invest in venture capital investments in two technological start ups based in Ramallah |
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Egypt - Drugs Symrise : The company to acquire local Futura Labs Group, a leading flavors and fragrances manufacturer in Egypt and the United Arab Emirates |
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Israel - Data processing & software IBM : The IT giant to acquire another Israeli start up, Guardium, a high tech company specialised in security solutions for databases |
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Jordan - Bank, insurance, other financial services Abraaj Capital : The group to acquire local venture capital firm Riyada Ventures, as part of its newly launched regional SME and Entrepreneurship initiative |
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Lebanon - Tourism, catering Four Seasons : The hospitality chain to open its first hotel in Lebanon in Beirut, providing its customers 230 luxury rooms |
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Libya - Electronic ware Servicom : The networks and telecom systems specialist to set up a subsidiary in Libya named Al Chourouk, dedicated to air conditioning and heating systems |
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Morocco - Agribusiness Nestlé SA : The agribusiness company to open a BPO centre for Maghreb and Africa in Casanearshore, with a 150 employee shared services centre |
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Syria - Glass, cement, minerals, wood, paper Lafarge / Lafarge Cement Syria : The group's local subsidiary to build a new cement factory 160 km northeast of Aleppo, in JV 80/20 with Syrian Tlas group |
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Tunisia - Other or not specified Institut Telecom : The higher education ICT institute to team up with Ecole Superieure de Communications de Tunis, Sup'Com, to set up a local affiliate |
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Turkey - Distribution Media Saturn Holding / Media Markt : The consumer electronics chain to open its 13th store in Istanbul, offering 50,000 different products on a 4,800 square meters area |
| All foreign investments in the Mediterranean available in the MIPO observatory |
| Business environment | Back to top |
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Algeria BCP relies on its Samodia subsidiary company to enter the Libyan, Syrian and Chadian markets Bcp-vdo (Aix-en-Provence) rely on its Algerian subsidiary company Samodia to conquer some markets in Libya, Syria, Chad and Oman. [Read+] |
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Palestinian Authority German Ferrostaal inaugurates solar thermal plant in Palestine This is the very first solar thermal plant to be created in the Palestinian territories. The new solar plant, that is locatd near Beit Jala, has been donated by MAN Ferrostaal to a Palestinian School. [Read+] |
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Israel Construction of an Arab-Israeli technological park in the town of Nazareth The Israeli Steff Wertheimer, who already built 4 parks in Israel and one in Turkey, launches work of a 6th park which will be located in a mixed population zone. [Read+] |
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Jordan Ankara inaugurates office in Jordan for Turkish investors Turkey is about to inaugurate an office in Amman with a view to helping and accompanying Turkish investors. [Read+] |
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Morocco Financière Duval and Ténor Group launch Yxime Maroc It is the name of the joint-venture recently created by the French group Financière Duval (Boulogne-Billancourt close to Paris) and the Morrocan holding Ténor Group (Casablanca). [Read+] |
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Tunisia Tunisia to become a regional IT hub thanks to submarine optic fibre cable, 'Hannibal' The project launched by Tunisie Telecom in partnership with ‘Interoute’, Europe's leading IT network, will enable Tunisia to reach digital independence with a 3.2 Terabyte per second telecommunication capacity. [Read+] |
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Turkey The Enterprise Europe Network (EEN) to provide technical support to Turkish SMEs According to Nihat Ergun, the Turkish minister for Industry and Trade, EEN will provide free of charge consultations to Turkey-based SMEs willing to invest in Europe. [Read+] |
| Agenda | Back to top |
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Marseille, Tunis, Casablanca , France From 01-04-2010 to 05-30-2010 - Med Zones Guide : good practices of sustainable industrial zones
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Tunis, Tunisia From 01-06-2010 to 01-07-2010 - Training for young entrepreneurs: "7 minutes to convince"
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Amman, Jordan From 01-13-2010 to 01-14-2010 - MED ACADEMY - Territorial marketing
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Alger, Algeria From 01-17-2010 to 01-20-2010 - B2B meetings in Algeria in the paper industry
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Marseille, France From 01-18-2010 to 01-19-2010 - 1st Euro-Mediterranean Film Trade Show : film production and tourism (MovieMed 2010)
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Casablanca, Morocco From 02-27-2010 to 02-28-2010 - Training for young entrepreneurs on crisis management
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Marseille, France From 01-18-2010 to 01-19-2010 - Reception and financing of film production in the Mediterranean (2010)
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Le Caire, Egypt From 02-09-2010 to 02-11-2010 - MED ACADEMY - Invest in Med-World Bank seminar on investment facilitation
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The Invest in Med programme aims at developing sustainable trade relationships, investments and enterprise partnerships between the two rims of the Mediterranean. Funded at 75% by the European Union over the 2008-2011 period, it is implemented by the MedAlliance consortium, which associates economic development organisations (ANIMA, leader of the programme), CCIs (ASCAME, EUROCHAMBRES), and business federations (BUSINESSMED). The members of these networks, as well as their special partners (UNIDO, GTZ, EPA Euroméditerranée, World Bank, etc.), gather a thousand of economic actors - mobilised through pilot initiatives centered on key Mediterranean promising niches. Each year, a hundred operations associate the 27 countries of the European Union and 9 Mediterranean partner countries: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian Authority, Syria and Tunisia. www.invest-in-med.eu |