The president of the Board of Directors of Cargas, Tariq Al-Dagwa, alongside the secretary general Ghada Wali of Social Fund for Development (SFD) have inked an accord to promote natural gas in Egypt by converting more vehicles. In the concluded EGP 5million agreement, Cargas is tasked with the construction and conversion of 1,000 new vehicles […]
Russia is reported to have urged the Algerian regime to refrain from meddling in the domestic issues of Moscow’s allies in the region, Niger and Mali, news website Maghreb Intelligence reported. The warning came during a meeting in Algiers on April 14 between Russia’s MENA region envoy Mikhail Bogdanov with top Algerian military rulers. Bogdanov […]
Battered by the oil price slump, Algeria will abolish gasoline subsidies in 2019 as it continues to implement time-buying measures, including import restrictions and money printing. Finance Minister Abderrahmane Raouia confirmed the news to reporters saying that his government plans to undertake a subsidy reform in a bid to reduce the soaring budget deficit as […]
