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The EU and Qatar to finance a €70 million gas pipeline between Israel and the Gaza Strip
02/25/2021
PALESTINE. Qatar and the European Union have pledged $60 million and €20 million respectively to finance a gas pipeline linking Israel to the Gaza Strip power plant.
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France is the world leader in anti-competitive repression, with €1.8 billion in fines in 2020
02/23/2021
FRANCE. According to the "Global antitrust enforcement" report published by Allen & Overy, France imposed nearly €1.8 billion in financial sanctions on companies found guilty of anti-competitive measures in 2020.
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Gefco inaugurates a 10,000 m² warehouse in Tangier Med
02/22/2021
MOROCCO / FRANCE. The French group Gefco strengthens its position on the Moroccan market by inaugurating a new 10,000 m² warehouse in the Tangier Med logistics free zone.
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European Commission strengthens synergies between civil, space and defense industries
02/22/2021
EU. intends to better respond to geopolitical competition and strengthen its technological sovereignty by launching a plan to foster interaction between the civil, space and defense industries.
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Renault records a historic loss of €8 billion in 2020
02/19/2021
FRANCE. Catastrophic year for Renault with a 21.7% drop in revenues in 2020, despite a better second half of the year.
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Society / Institutions
- 02/19/2021
Algerian president dissolves parliament and reshuffles government
ALGERIA. In a speech to the nation, Abdelmadjid Tebboune took back control after three months in hospital by announcing the dissolution of the National People's Assembly, a government reshuffle and the release of several dozen prisoners of conscience.
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Turkey obtains a new reprieve from the EU and avoids the black list of tax havens
02/18/2021
Mario Draghi goes to Italy's bedside and promises radical remedies
02/17/2021
Industry
- 01/08/2021
EU provides €8m to fund 55 European researchers
EU. As part of the "Proof of Concept" programme, the European Union is allocating an additional €8.25 million to promote the marketing of research results, particularly in the health and social fields.
Sonatrach will invest $40 bn over five years
01/05/2021
Agreement on the European Defence Fund with a budget of nearly €8 billion
12/14/2020
Services
- 02/16/2021
The Provence-Alpes-Côte d'Azur Region is (already) preparing for the tourism recovery
FRANCE. Jean-Baptiste Lemoyne, Secretary of State for Tourism, recalled the importance of preparing the tourism sector for the rebound as Renaud Muselier, President of the Provence-Alpes-Côte d'Azur Region, unveiled four new support measures for the recovery of tourism.
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World tourism is not expected to regain its cruising altitude before 2023
01/29/2021
Vivendi increases its stake in Prisa
01/25/2021
Environment
- 02/12/2021
The Eiffel Essentiel fund raises €300 million to invest in the energy and ecological transition
FRANCE. Eiffel Investment Group announces that it has raised €300 million for the first closing of its closed-end growth capital fund Eiffel Essentiel.
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The Rhone-Mediterranean-Corsica Water Agency launches workshops on the environmental challenges of coastal and island areas in the Mediterranean
01/14/2021
French renewable energy producer ZE Energy wins first contract in Italy
01/11/2021
Transport
- 02/18/2021
French skies turn scarlet red with the abyssal losses of Air France, ADP and Airbus
FRANCE. Air France announces a loss of €7.1 billion in 2020, while ADP loses 60% of its passengers and Airbus revenues decline by 29%.
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CMA CGM obtains management of the future port of Alexandria terminal
01/28/2021
The health crisis in the Maghreb impacts the results of the port of Marseille
01/25/2021
People
- 11/09/2020
Resignation of the Turkish Minister of Finance, son-in-law of President Erdogan
TURKEY. The day after Recep Tayyip Erdogan sacked the governor of the Turkish Central Bank, Berat Albayrak resigned as Turkish Minister of Treasury and Finance.
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France's Odile Renaud-Basso takes office as President of the EBRD
11/02/2020
Marco Sansavini becomes CEO of Vueling Airlines
09/10/2020
Overview
EMEA sets out Covid-19 economic resilience foundations
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The Maghreb countries have the highest rates of women engineers in the world.
02/11/2021
Lebanon and Tunisia have the strongest productive capacities of the Mediterranean developing countries
02/09/2021
Private and public sector working together in Mediterranean innovation
02/04/2021
French skies turn scarlet red with the abyssal losses of Air France, ADP and Airbus
02/18/2021
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