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Nearly 160,000 including 10,000 foreigners in Saharan tourism season 2017
Algeria.
Tourism & leisure.Minister of Tourism and Craft Industry Hacene Mermouri on Monday said that nearly 160,000 tourists including 10,000 foreign visited southern regions since the beginning of the Saharan tourism season 2017 in September. Minister of Tourism and Craft Industry Hacene Mermouri on Monday said that ne...
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Energy earnings up 18 pct in Jan-Oct, trade deficit reduced by 34 pct
Algeria.
Energy.Algeria’s energy earnings rose 18 percent in the first ten months of 2017, which helped reduce the trade deficit by 34 percent, official data showed on Monday.The deficit decline pushed up the coverage of imports by exports to 75 percent, from 63 percent in the January-October period of 2016, accord...
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New vocational training strategy focused on alternative hydrocarbon economy
Algeria.
Business Climate.The minister of Vocational Training and Education Mohamed Mebarki said Sunday, in Tissemsilt, that the government adopted a new strategy of vocational training focused on the alternative hydrocarbon economy.Leading a press briefing on the sidelines of his inspection visit to the province Mebarki&nbs...
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Algeria: Gas production from Timimoun field to be launched in 2019 with capacity of 1.6 billion cubic metres annually
Algeria.
Energy.In this aspect, negotiations are ongoing for contracts so as to supply Europe from Timimoun, which is expected to produce 1.6 billion cubic metres annually through the 757km Medgaz pipeline linking Algeria with Spain, according to the Spanish energy firm Cepsa, one of the stakeholders in...
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Sonatrach presents investment potential in Washington
Algeria.
Energy.The national hydrocarbon company “Sonatrach”, which is preparing a new strategy of management for 2030 to give a new boost to the strategic sector of hydrocarbons, presented, in Washington, its investment potential on the occasion of an economic forum on the American-Mediterranean cooperation.For th...
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French president on visit to Algiers on 6 December
Algeria.
Business Climate.ALGIERS- French president Emmanuel Macron will pay a visit to Algeria on 6 December, the first since his election as president of France, and which will take place in the wake of the signing of several economic cooperation agreements between the two countries.These agreements were signed on the occa...
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algeria : Longest tunnel in N Africa to be constructed in Algeria, linking three provinces
Algeria.
Public Works & Transport.The China Railway Construction Corporation Limited finished cutting through the Gantas railway tunnel in Algeria, a major project in the country’s railway network, after six years of construction work. The tunnel is located 100 kilometers west of Algiers, capital of Algeria, and composed of two...
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Algerian-British conference on financial services to be held in London, Thursday
Algeria.
Bank & Finance.Algerian Finance Minister, Abderahmane Raouya, has traveled to London, Wednesday, to attend an Algerian-British conference on financial services, to be held Thursday, in the British capital, the Finance Ministry said in a statement.Raouya is visiting London at the invitation of the Lord Mayor of the...
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Saudi Arabia: Riyadh opens its opportunities to foreign investors
Algeria.
Business Climate.Saudi Arabia to allow foreign investors to take strategic exploitations of at least 10% in its listed companies, announced, Sunday, the Saudi market authority.The latter will define for this purpose rules allowing foreign investors with sufficient experience and expertise to take such participations...
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Algeria: The 2018 budget bill expects a parity of 1 dollar for DA 115
Algeria.
Bank & Finance.Algerian Finance Minister, Abderrahmane Raouya, said on Thursday in Algiers, that the draft finance bill for 2018, is based on a forecast of a maximum parity of 115 dinars per 1 US dollar for a period of three 3 years, APS reported on Friday.“The dinar is going well, at the level of the Bank of Alge...
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Algeria : CNEP, BADR and BDL banks to engage in Islamic banking before end of 2017
Algeria.
Bank & Finance.Three public banks CNEP, BADR and BDL are set to engage in the Islamic banking before the end of 2017. Those banks will propose alternative products, which are compliant with the Islamic Shari’a, said Thursday in Algiers Minister of Finance Abderrahmane Raouya. These three banks will offer thes...
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Algeria : Eighty exhibitors at ERA International Exhibition of Renewable Energies on 23-25 October in Oran
Algeria.
Energy.ORAN-Eighty Algerian and foreign exhibitors will partake in the 8th International Exhibition of Renewable Energies, Clean Energies and Sustainable Development "ERA 2017," scheduled for 23-25 October in Oran, organizers announced Tuesday. ...
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Algeria: Strengthening communication for better organization of pharmaceutical market
Algeria.
Health.“The strengthening of communication between the various persons, involved in the pharmaceutical industry, is a necessity for better organization of this vital area”, estimated the participants at the 2nd International Fair of Pharmacy, Para pharmacy, Health and Safety well-being, opened Thursday in...
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Algeria : Belarusian pharmaceutical company Belmedpreparaty to sell medications to Algeria
Europe. Algeria.
Health.The Belarusian pharmaceutical company Belmedpreparaty will sell its products to Algeria and Pakistan, the company’s Deputy Director General for Commercial Affairs Olga Yakubitskaya told BelTA.“The work in underway to register medications produced by Belmedpreparaty in the Philippines, Malaysia, Sri...
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Algeria, Russia have "opportunities" to boost "mutually beneficial partnership"
Algeria.
Business Climate.MOSCOW-Russian Prime Minister Dmitry Medvedev said Sunday that Algeria and Russia had "opportunities" to boost their "mutually beneficial partnership in many areas," stressing that Algeria is a “very reliable partner that plays a key role in Africa."“Algeria plays a major role in North Africa. It is...
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Richard Thaler awarded 2017 Nobel prize in economics
International.
Information technology.Richard Thaler has been awarded the Nobel prize in economics for his work on how psychology influences decision making.His research, the committee said , had taken the field of behavioral economics from the fringe to the mainstream of academic research and had shown that it had important implication...
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Algeria: The amount of loans will be limited to avoid inflation, Finance Minister says
Algeria.
Bank & Finance.The amount of loans that the Treasury will contract with the Central Bank under non-conventional financing mechanism has not been specified yet, but will be “really limited” to avoid inflation, said Sunday in Algiers, the Minister of Finance, Abderrahmane Raouya, APS reported.“Obviously, we hav...
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Algeria to receive Hyatt Hotels & Resorts opening project by 2020
Algeria. Cameroon. Burundi. Burkina Faso. botswana. Benign. Angola. South Africa. green cap. Central African Republic. Comoros. Ivory Coast. Djibouti. Egypt. Eritrea. Ethiopia. Gabon. Gambia. Ghana. Guinea. Equatorial Guinea. Guinea Bissau. Mauritius. Kenya. Meeting. Lesotho. Liberia. Libya. Madagascar. Malawi. Mali. Morocco. Mauritania. mozambique. Namibia. Niger. Nigeria. Uganda. Democratic Republic of the Congo. Congo. Rwanda. Western Sahara. Sainte-Hélène. Sao Tomé-et-Principe. Senegal. seychelles. Sierra Leone. Somalia. Sudan. South Soudan. Swaziland. Tanzania. Togo. Tunisia. Zambia. Zimbabwe. Chad.
Business Climate.Algeria is expected to receive Hyatt Hotels & Resorts opening project by 2020, the company announced in a statement.The company will open its first hotels in Algeria, Cameroon, Ethiopia, and Senegal and open new hotels in two countries where it already has a presence: Morocco and Tanzania.Hyatt...
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Algerie Telecome, Huawei ink a new partnership contract in Oran
Algeria.
Information technology.The telecommunications operator, Algerie Telecom (AT), has inked, on Tuesday in Oran, a partnership contract, with the Chinese operator “Huawei”, for the development of the fiber optic network, whose objective is to improve very high-speed internet service, ALG 24 website reported.“The FTTx project...
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Algeria, Jordan ink two cooperation agreements
Algeria.
Business Climate. Industry.Algeria an d Jordan signed Thursday in Amman an agreement on the creation of an Algeria-Jordan Business Council an another about cooperation between Algerian and Jordanian Chambers of Commerce and Industry.These conventions, sanctioned the meeting of the forum of Algerian and Jordanian business...
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Algeria : Installation of strategic steering committee and supervisory committee for PADSEL NOA cooperation program
Algeria.
Business Climate.The Minister of National Solidarity, Family and the Status of Women, Ghania Eddalia, chaired, Thursday evening in Algiers, the installation of the members of the commission of strategic direction and the commission of supervision of the program of PADSEL NOA cooperation, established in pa...
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Algeria to partake in 39th International Tourism Industry Show in Paris
Algeria.
Tourism & leisure.Algeria’s National Tourism Office (ONT) will participate in the 39th International Tourism Industry Show in Paris, France, from 26 to 29 September, said the ONT in a statement.ONT will participate in the International Tourism Industry Fair (IFTM) through a pavilion of 60m ², designed in a style...
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Algeria : Sonatrach develops new strategy for 2030, Company’s CEO
Algeria.
Energy.The Sonatrach Group has begun the development of a new strategy for 2030, entitled “SH2030 project”, announced today at Rhourd El Baguel (Hassi Messaoud), Sonatrach’s CEO, Mr. Abdelmoumen Ould Keddour.According to him, the group is developing the details of this medium- and long-term strategy, and t...
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Institutional twinning projecAlgeria , t between Algeria and EU to permanently benefit Algerian economy
Algeria.
Agri-Food.The institutional twinning project between Algeria and the European Union (EU) will bring lasting benefits to the national economy and industry, as well as the whole Algerian society, said Tuesday in Blida, the president of this project, Françoise Ror.In a speech at a seminar devoted to the launchin...
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Algeria : More than 100 000 transactions since launch of e-payment (GIE)
Algeria.
Bank & Finance.More than 100,000 transactions have been made since the official launch of electronic payment in Algeria last October, according to Boualem Djebbar, ِِCairman of the Groupement of Economic Monetary Interests.The development of electronic payment has also been reflected in the number of interbank car...
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Agro-food show in Moscow: 23 Algerian exporters present at “World Food-2017”
Algeria.
Agri-Food.Twenty-three Algerian agri-food companies are taking part in the 26th World Food Show in Moscow, which kicked off Monday with exporters from more than 65 countries. During the four days (11 to 14 September) of this economic and trade event, Algerian exporters will be working to crown the steps...
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Algeria : Energy, Algerian-South African workshop in Algiers before year’s end
Algeria. South Africa.
Energy.Minister of Energy Mustapha Guitouni said Sunday in Algiers that an Algerian-South African workshop will be held in Algiers before the end of the year.This workshop will also seek to find the best ways to bring Algeria and South Africa closer through implementing structural projects in both countri...
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Algeria : Giplait Group’s vision should focus on development of domestic production
Algeria.
Agri-Food.The Minister of Agriculture, Rural Development and Fisheries, Abdelkader Bouazghi, urged the leaders of the Giplait group to make more efforts and commitments for the development of national milk production in order to participate in the realization of the country’s target of reducing imports o...
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algeria : Hassi Messaoud oil field to produce gas in 2 months with capacity of 10 million cubic meters (m3) per day
Algeria.
Energy.The Hassi-Messaoud oil field (Ouargla) will produce gas for the first time in two months with a capacity of 10 million cubic meters (m3) per day, declared, on Wednesday, CEO of Sonatrach, Abdelmoumen Ould Kaddour.Thanks to the intelligence and efforts of our managers and engineers, for the fir...
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Algeria : Portion of debts of ANSEJ and CNAC beneficiaries erased
Algeria.
Bank & Finance.A portion of young entrepreneurs’ debts under the ANSEJ and CNAC schemes will be erased, said Mourad Zemali, Minister of Labor of Employment and Social Security.The decision came into force today after the signing of an agreement between the ANSEJ, the CNAC and the Association of Professional Banks...
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Algeria imports from France more than 15,000 tons of milk powder in one month
Algeria.
Agri-Food.Algerian imports of French dairy powder made a real jump during the month of June. According to the figures unveiled at the end of August by France Agrimer, Algeria imported a total of 15 577 tonnes of milk powder. Imports of skimmed-milk powder reached 7 070 tonnes in June, an increase of 463,3% co...
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Algeria : Minister of Industry holds talks with French Ambassador to Algeria
Algeria.
Energy.The Algerian Minister of Industry and Mines, Youcef Yousfi, has held talks, on Monday in Algiers, with the French Ambassador to Algeria, Mr. Xavier Driencourt, about various economic partnership projects, particularly those which are in a large progress, the Ministry said in a statement.The two side...
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Algeria:JSW Steel Company negotiates with Cevital to acquire mill in Italy for $100 million
Algeria.
Business Climate.An Indian steel company, owned by JSW Group based in Mumbai, managed by by Sajjan Jindal, has launched negotiations with Algerian Company “Cevital”, to acquire its Aferpi steel mill in Italy, for an amount estimated at USD 100 million, Outlookindia website reported on Monday, citing Industrial sourc...
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Algeria: New Commerce Minister takes office, Satursday
Algeria.
Business Climate.The new Minister of Commerce of Algeria, Mohammed Benmeradi, took on Saturday in Algiers, his office, replacing Mr. Abdelhafid Saci, during a handover ceremony, in the presence of officials of the Ministry, APS reported.On this occasion, the new Minister expressed his wish to work more on the consol...
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Algeria: Cereal crops have recently known remarkable growth in El Bayadh
Algeria.
Agri-Food.Agricultural areas, reserved for cereal crops (wheat and barley) in the province of El Bayadh, have seen remarkable growth in recent years, thanks to the benefits, granted to farmers and the use of new agricultural irrigation techniques, APS reported on Saturday.Despite the pastoral vocation of the...
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Libya state oil firm and Sonatrach discuss resumption of work in Libya
Algeria. Libya.
Energy.The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah and the CEO of Sonatrach, Abdelmomen Weld Qadour, held a meeting in Algeria, reported east-based Libyan News Agency, The Libya Observer reported.During the meeting, two oil officials discussed the return of Sonatrach to work...
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31 sophisticated night surveillance cameras seized in Relizane
Algeria.
Information technology. Business Climate.Customs Division Brigade of the province of Mostaganem seized 31 night vision surveillance cameras in the region of Belassel (Relizane), APS reported on Monday.Inspector General, Tahar Kerfa, told APS that the Mostaganem Customs Brigade seized a roadblock on the East-West motorway in the direction o...
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AL-HAJJAR COMPLEX: MINISTER OF INDUSTRY AND MINING MEETS OFFICIALS AND CIVIL SOCIETY BODIES
Algeria.
Business Climate. Industry.Minister of Industry and Mining, Mahdjoub Beda met, Saturday, officials of the Emetal and Cedar complexes, as well as officials and the social partners of the iron and steel complex in the province of Annaba, a ministry statement said Sunday.In this regard, Mr. Bada received explanations on the mana...
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January
Britain strives for a win-win partnership with Algeria
The United Kingdom aspires to cooperation and a win-win partnership with Algeria, said the British ambassador in Algiers, Barry Robert Lowen on Tuesday in Ghardaia. Britain is eager to strengthen coop...
January
Electricity / gas: SDC will invest 370 billion dinars by 2023
The Algerian Electricity and Gas Distribution Company (SDC), a subsidiary of the Sonelgaz group, is planning a development program for its network, which will cost more than 370 billion dinars by 2023...
January
Non-hydrocarbon growth: Algerian companies likely to take up challenge
Algerian companies are likely to take up the challenge of the non-hydrocarbon economic growth by targeting more foreign markets said the Minister of Finance, Abderrahmane Raouya on Monday in...
January
President of China Cooperation Agency begins working visit to Algeria
China's President of the International Cooperation Agency for Development, Mr Wang Xiaotao began a three-day working visit to Algeria on Tuesday. Its the company's first visit to t...
January
OPEC will cut output further if oil prices fail to recover: Algerian Energy Minister
Algeria's energy minister said he was confident oil prices will return to between $65 and $70 a barrel by April 2019 but stressed that the OPEC alliance would cut production further if the market...
January
Algeria: Mahindra project to generate up to 500 direct, 1000 indirect jobs in 2019.
The creation of the Algerian-Indian joint venture by LD Azouaou, a single-member limited liability company (Eurl) under Algerian law and the Indian group Mahindra Ltd in Tizi-Ouzou for agricultur...
January
Annual average inflation at 4.5% until November 2018
The annual consumer price trend was 4.5% until November 2018, APS learned from the National Office of Statistics (ONS). The annual consumer price trend for November 2018 is the average annua...
January
2018 / Relizane: entry into production of the integrated complex of "Tayal" textile trades
The integrated complex of the "Tayal" textile trades located in the industrial zone of Sidi Khettab in the wilaya of Relizane, went into production in March 2018, opening up broad prospects for t...
January
Sonatrach inks two agreements for gas field development
National hydrocarbon group Sonatrach signed Sunday, in Algiers, two agreements with two national companies for the development of gas fields on the periphery of Gassi-Touil, which has a total of 47 we...
January
2019 Finance Bill published in Official Gazette N°. 79
The Finance Bill of 2019, inked, last Thursday, by the President of the Republic Abdelaziz Bouteflika, was published in the Official Gazette No. 79 dated 30 December 2018.As a reminder, the macroecono...
January
Algeria: Mahindra project to generate up to 500 direct, 1000 indirect jobs in 2019
The creation of the Algerian-Indian joint venture by LD Azouaou, a single-member limited liability company (Eurl) under Algerian law and the Indian group Mahindra LTD in Tizi-Ouzou, for the asse...
January
Sider El Hadjar Steel complex determined to regain its fame
ANNABA (Algeria) –In 2018, the Sider El Hadjar steel complex in Annaba embarked on the challenge of regaining its reputation as a symbol of the Algerian steel industry, relying on local executives, in...
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ALGERIA: Q&A - THE RISE OF ALGERIA'S SCIENTIFIC CAPACITY
Algeria,Information technology,
Algeria's scientific research sector has made progress recently, after a long period of funding delays and stalemates due to a weakening governance system.Prior to 2008, the budget for scientific rese...
Former director of debt at the Bank of Algeria...
ALGERIA NEEDS FOREIGN BORROWING..
Algeria,Bank & Finance, Business Climate,
Question 1 The decline in oil prices for almost three years has resulted in a weakening of Algeria's financial position, both internally and externally: a significant fall in foreign exchange reserves...
02 October 2018
03 October 2018
MED V Tunis
Afric'Up is a Tunisian initiative for the benefit of African startups
27 November 2017
29 November 2017
Société Algérienne des Foires et Exportations
ALGERIA WATER AND ELECTRICITY EXPO 2017
13 November 2017
15 November 2017
CIC Alger 16098 Club Des Pins, Alger, Algeria
Algeria It Expo
27 October 2017
05 November 2017
Foire Internationale Multisectorielle de Ouagadougou
15 Algerian companies at Ouagadougou’s International Multisectoral Fair
25 October 2017
Exhibition Centre Pins Maritimes (SAFEX), Algiers
Algeria : NEXT SILA ON 25 OCTOBER 2017
23 October 2017
25 October 2017
Centre des conventions d’Oran (CCO)
Algeria : Eighty exhibitors at ERA International Exhibition of Renewable Energies on 23-25 October in Oran
28 September 2017
30 September 2017
Centre des conventions d’Oran (CCO)
Algeria : ORAN, 17TH EDITION OF “TALENTS ET EMPLOI” TRADE FAIR
26 September 2017
29 September 2017
paris
Algeria to partake in 39th International Tourism Industry Show in Paris..
l'invité de débat économique (Dzair News) Monsieur Mohammed Kamel OSMANE , PDG du MEDAFCO-Consulting
Forum Medafco 26 27 Mars 2017
MEDAFCO DiaMed pour plus d'investissement en Algérie et au Maghreb
19h info le 16 03 2015 p1
مجمع الشيخ احمد سحنون - مسجد. مدرسة قرانية . روضة .قاعة اجتماعات - Complexe Cheikh Ahmed SAHNOUNE
Echourouk News : Reportage sur la nouvelle ville de Ghardaïa, Tafilalt
Discours de Monsieur Ahmed NOUH , Président de la fondation AMIDOUL
Programme de Mentorat Mowgli-MEDAFCO MME12 - MOSTAGANEM
Programme Mowgli-MEDAFCO de mentorat des jeunes entrepreneurs algériens 2013- 2014
