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Find the latest news on services in the Mediterranean: media, distribution, information and communication technologies, real estate, tourism, postal services, logistics, auditing, consulting... in Algeria, Spain, France, Italy, Morocco, Tunisia, Portugal, Egypt, Greece, Turkey...
LEBANON / FRANCE. The HOMERe France association and the European Institute for Cooperation and Development have signed a cooperation agreement to support the employability of Lebanese youth by offering internships in France to senior technicians who have graduated in Lebanon.
EGYPT / FRANCE. Crédit Agricole now owns 52% of the capital of Crédit Agricole Egypt, its subsidiary based in Cairo.
FRANCE / SPAIN. Specialized in management solutions on the Internet, the group from Lyon becomes leader in Spain with the acquisition of Grupo Primavera.
ISRAEL / FRANCE. The twenty-five Carrefour Israel supermarkets, resulting from the franchise agreement between Electra Consumer Products and the French retail group, will open under the "Super" brand.
TURKEY. Already confronted with an inflation of at least 80%, the Turks must face an increase of 20% of gas and electricity for households, of 50% for companies.
TURKEY. The European Bank for Development and Reconstruction is releasing a $127 million line of credit to Türkiye İş Bankası (İşbank), which will on-lend the money to women-led Smes for green investments.
TURKEY. With the windfall of Russian visitors and the return of Israelis, the Turkish Ministry of Tourism expects to reach 47 million tourists in 2022 for revenues of $37 billion.
LEBANON. The Lebanese Minister of Tourism expects tourism revenues of about $3.5 billion during the 2022 summer season. A highly coveted resource in this country in the midst of a socio-politico-economic crisis.
ISRAEL / FRANCE. Yair Lapid openly welcomed during the council of ministers the arrival of the French distributor Carrefour in his country whose sign will replace that of Yenot Bilan by the end of the year 2022.
SERBIA. The European Bank for Reconstruction and Development is opening a €30m credit line to ProCredit Bank, which will on-lend the funds to local small businesses.
SPAIN / PORTUGAL. The European Commission has authorised €8.4 billion of State aid from Spain and Portugal to reduce wholesale electricity prices on the Iberian Electricity Market.
MONACO. With a turnover of €530.5m achieved from 1 April 2021 to 31 March 2022, Société des Bains de Mer in Monaco posted a 57% increase, but remained 14% down on the pre-Covid-19 2019-2020 financial year.
FRANCE. Miratlas aims to have a global network of atmospheric data measurements and is raising €2m to industrialise its monitoring instruments.
FRANCE. The reconversion of the Villa Méditerranée in Marseille into a reconstruction of the prehistoric Cosquer cave marks a new ambition for a building destined to become a tourist mecca after having hosted the major Mediterranean economic events.
MOROCCO/TUNISIA. Figures will remain well below 2019, but the summer of 2022 looks much better than 2020 and 2021.