Algeria News
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BAHRAIN, 2015/04/25
Confidence part Arab youth that the Arab Spring would bring positive change across the region is declining and as a result they are uncertain whether democracy could ever work in the Middle East. This is the headline finding of the 7th Annual ASDA’A Burson-Marsteller Arab Youth Survey released today.
- Arab youth see the rise of ISIS as the biggest obstacle facing the region
- Youth are keen to start their own business as concerns about unemployment continue
- The UAE remains the majority popular country to live in and emulate and Saudi Arabia is viewed as the region’s biggest ally
- A lot of view the Arabic language as central to their identity but believe it is losing its price to English
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DAKAR CITY, 2015/04/08
President of the Republic Abdelaziz Bouteflika reiterated his "readiness" to work for strengthening relations between Algeria and Senegal, in a message of congratulations sent to his Senegalese counterpart Macky Sall, on the occasion of his country's national day.
"The celebration of Senegal's national day gives me the pleasant opportunity to extend, on behalf of the Algerian people and government and on my own behalf, our warmest congratulations inclunding my best wishes for health and well-being for you, evolution and prosperity for the brotherly Senegalese people," wrote President Bouteflika in his message.
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ALGERIA, 2015/03/31
Riot police prevented a turmoil in the Algerian capital Tuesday against national energy giant Sonatrach's controversial exploitation of shale gas in the southern desert.
Sonatrach announced plans last month to invest at least $70 billion (62 billion euros) over the next 20 years to exploit the gas despite huge public opposition in the In Salah area of the central Sahara, where successful test drilling was announced in December.
Schools, businesses and public offices in the region closed over concerns about possible environmental consequences, and demonstrations have been taking place regularly for two months.
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ALGERIA, 2015/01/30
A joint committee bringing together the representatives of Health Ministry and those of the Business Leaders Forum (FCE) will be created to examine ways to facilitate investment in the pharmaceutical industry, said Wednesday in Algiers Minister of Health, People and Hospital Reform Abdelmalek Boudiaf.
This committee will hold a conference each month to identify the problems and constraints faced by investors so that to encourage the national production, said the minister at the end of a conference with FCE's President Ali Haddad.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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AFGHANISTAN, 2015/01/20
The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland.
The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.
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ALGERIA, 2015/01/16
imports of cereals (wheat, barley and maize) reached $3.29 billion during the initial 11 months of 2014 against $2.92 billion in the same period of 2013, down 12.52%, Algerian Customs told Tuesday APS.
The quantities of imported cereals recorded an upward trend to reach 24.4% with 11.35 million tonnes of the cereals purchased between January and November 2014, against 9.13 million tonnes during the same period of 2013.
The import bill of cereals in the initial 11 months of 2014 has by presently exceeded that of all the year 2013, during which Algeria imported $3.16 billion of these foodstuffs.
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ALGERIA, 2015/01/09
Algeria expands fertiliser production with new plant
En Français
Fertiliser production is increasing in Algeria, thanks in part to two new major sites already online and a third due to start early 2015.
In the first nine months of 2014, export revenue from fertilisers almost tripled from a year ago to $657m, with ammonia and urea the biggest sellers, accounting for one-third of non-hydrocarbons exports, second only to oil derivative products.
Exports of ammonia alone doubled year-on-year to reach $421.7m between January and September 2014. The highest growth rate, however, came from other mineral fertiliser products, primarily urea. Mineral fertiliser exports jumped more than tenfold to $235.3m in the same period thanks to the addition of a second production plant, Sorfert, in August 2013.
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ALGERIA, 2014/11/13
Prime Minister Abdelmalek Sellal inaugurated Monday car manufacturing plant Renault in Ouled Telat, Oran (432-km west of Algiers).
The inauguration ceremony was attended by two French senior officials, namely the minister of Foreign Affairs and International Development, Laurent Fabius, the minister of Economy,Industry and Digital Data, Emmanuel Macron, and the CEO of Renault Group, Carlos Ghosn.
Set up over an area of 151 hectares, in Oued Tlelat, in the south of Oran, the project has cost so far nearly EUR50 million, and is expected to raise investments until EUR800 million on the mid-term.
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FRANCE, 2014/11/13
Cooperation between Algeria and France is "absolutely exemplary" and bilateral ties "have at no time been so good," French Minister of Foreign Affairs and International Development Laurent Fabius said Monday in Algiers.
"Algeria and France are cooperating in all fields in an absolutely exemplary manner," Fabius said following an audience granting to him by President of the Republic Abdelaziz Bouteflika.
Our relations "are at the top level," he said. "They have at no time been so good."
