The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to further drop to $85 billion at best, barely enough to cover 18 months of imports. The figure was recently announced by Algeria’s finance minister Abderrahmane Raouya who told MPs that […]
After the signing of agreements between the government of Algeria and Renault#, the news of subcontractors has been delivered to the public and it has been appreciated by the local businesses in the domain. It has been revealed that several components which will be need by Renault at its production plant in Oued Tlélat, Oran […]
King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, commemorated on Thursday Laylat Al Qadr, the 26th day of Ramadan. On this religious occasion, the King performed the prayers of Al-Icha and Taraouih. The minister of Endowments and Islamic Affairs proceeded to the closing of “Sahih […]
