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week ending April 27th, 1999 - 57st. issue 
 
 

 
 
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The Monitor  
The Journal  
   
The media in Morocco reports a trend that worries the tourism industry. L’Economiste newspaper reported that an article in a Dutch magazine, the Rotterdam Telegraph, warned that “nine out of ten beaches in Morocco are polluted and have a fungi that causes diseases.” [Follow this link] 

 
Algeria 
THE GIA DURING THE ELECTION 

The Presidential election in Algeria was an opportunity for the leader of the GIA terrorist group Hassan Hattab to call for the intensification of violence in central Algeria.  The regions of Bouira, Boumerdes, Medea, Jelfa and Ain-Defla witnessed increased acts of violence resulting in the assassination of at least 8 civilians, scores of wounded, and sabotage of infrastructure.  [Follow this link] 



Morocco 
LABOR TALKS RESUME WITH SKEPTICISM AS GOVERN- MENT ANNOUNCES IMPORTANT MEASURES 

The Moroccan Premier, Mr. Abderahman Youssoufi has announced last week that his administration will resume “social dialogue,” a process that aims at creating a debate and consensus over labor issues among the main partners that are the labor unions, the administration and employers.[Follow this link 



Algeria 
THREE FOREIGN  
BANKS TO ESTABLISH SUBSIDIARIES  

Over the next six months three foreign banks are expected to obtain a license to operate in Algeria.  The three banks are France’s Societe Generale and Natexis and Qatar’s Al-Ryan Bank. [Follow this link] 


 
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ADVISORY 
SERVICE  
this month:  
Acred  
Autohall 
Auto Nejma  
Brasseries  
C-Laitiere 
Wafabank

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