Econostrum | Economic News in the Mediterranean



Get the latest updates industries in the Mediterranean: aerospace, automotive, food processing, steel, petrochemicals, energy, ICT, construction, textile... in Algeria, Spain, France, Italy, Morocco , Tunisia, Portugal, Egypt, Greece, Turkey ...

EU to build its quantum communications infrastructure - 07/28/2021 - Eric Apim

EU. All Member States commit to explore, over the next twelve months, how to develop and deploy a quantum communication infrastructure across the EU over the next ten years.

Dislog industries welcomes Mediterrania Capital Partners in its capital - 07/22/2021 - Eric Apim

MOROCCO / MALTA / TUNISIA. The Moroccan company Dislog Industries is raising 280 million dirhams from Mediterrania Capital Partners to develop through external growth in Morocco and internationally, notably in Tunisia.

Italian fashion house Etro to be acquired by LVMH - 07/20/2021 - Eric Apim

ITALY / FRANCE. The Italian family fashion house Etro has signed a sale agreement with L Catterton, a Franco-American private-equity company co-founded by Catterton, LVMH and the Arnault group.

Alterian Resources discovers high-grade copper and silver deposits in Morocco - 07/05/2021 - Eric Apim

MOROCCO. Awarded by tender to Alterian Resources, a subsidiary of Altus Strategies, the Moroccan deposits of Azrar, Izougza and Tata in the Western Anti-Atlas look very promising.

Egypt orders nearly €4 billion worth of Rafales - 05/04/2021 - Eric Apim

EGYPT / FRANCE. Dassault Aviation announced an order for thirty Rafale aircraft from the Egyptian government for its air force.

Despite the crisis, global military spending grew by 2.6% in 2020 - 04/29/2021 - Eric Apim

WORLD. According to the Stockholm International Peace Research Institute (SIPRI), global military spending reached $1981 billion (€1634 billion) in 2020 compared to 2019, an increase of 2.6% and the highest level since 1988. They "include all government spending on armed forces and military activities, including salaries and...

Libya to study the establishment of several oil refineries - 04/27/2021 - Frédéric Dubessy

LIBYA. While the production of hydrocarbons is slowed down due to the lack of budgets for the companies in the sector, Libya intends to create several oil refineries in order to limit the recourse to the import of finished products.

Tunisia launches its first 100% Tunisian satellite designed by Telnet Holding - 03/22/2021 - Eric Apim

TUNISIA. The Tunisian company of telecommunication Telnet Holding succeeded in launching Challenger One, the first satellite of the country entirely manufactured locally by young Tunisian engineers.

France joins the Eastern Mediterranean Gas Forum - 03/10/2021 - Eric Apim

MEDITERRANEAN. The Member States of the Eastern Mediterranean Gas Forum have accepted the arrival of France as a member and the United States as a permanent observer. version française

Saint-Gobain sells distribution networks but invests in production in Spain - 03/03/2021 - Gérard Tur

FRANCE / SPAIN. The French building materials group announces the creation of a new plasterboard line at its Quinto plant near Zaragoza. version française

The EU and Qatar to finance a €70 million gas pipeline between Israel and the Gaza Strip - 02/25/2021 - Frédéric Dubessy

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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European Commission strengthens synergies between civil, space and defense industries - 02/22/2021 - Eric Apim

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. version française

Renault records a historic loss of €8 billion in 2020 - 02/19/2021 - Eric Apim

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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