Italian car company Iveco in collaboration with Algerian Ival group will start producing cars in Algeria by end of 2016 according to Ival CEO who made the announcement on Tuesday. Ival CEO Mohamed Baïri was speaking on the sidelines of the signing of a protocol of agreement for the establishment of a joint Algeria-Italy industrial […]
A devastating aerial assault on Old Fangak in South Sudan’s Jonglei state has left at least seven civilians dead and twenty more injured, as humanitarian agencies raise alarms over the reawakening of full-scale civil conflict. The medical charity Médecins Sans Frontières (MSF) reported that a helicopter gunship attacked the only hospital in Fangak County, obliterating […]
In a pessimistic tone that bodes ill for Algeria’s economic prospects, Algerian Prime Minister Abdelmalek Sellal announced yet a new slump in the country’s foreign exchange reserves, which currently stand at $112 billion. As Algeria’s revenues continue to be battered by the slump in oil prices, Sellal, who was speaking in Annaba at a meeting […]
