MIDDLE EAST WATER NEWS IN BRIEF
- From: Vol 11, Issue 9 (September 2010)
- Category: Brief
- Region: Middle East
- Country: Algeria, Israel, Morocco and Syrian Arab Republic
- Related Companies: African Development Bank, Amiad Filtration Systems, Bank Dexia Israel, Delek Group, IDE Technologies, International Bank for Reconstruction and Development, Levant Desalination Association, Moody’s and Onep
*Algeria has taken a further step towards economic nationalism. On 6th September, the country published a new law making it compulsory for foreign companies tendering for projects to register in Algeria and form a joint venture with a local company.
* Israel’s anti-trust authority has rejected competition complaints about the Delek Group, which has a 50% stake in IDE Technologies. Commissioner Ronit Kan dismissed complaints from a Knesset member over the supply of natural gas from a Delek subsidiary to desalination power plants owned by IDE.
* Arab banks have criticised Moody’s Investors Service after it downgraded the long-term issuer ...
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