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Tunisia: 26 Candidates Running for President start campaigning
The twenty-six candidates retained for Tunisia’s presidential election of September 15 start campaigning this Monday, while overseas campaigning began on Saturday. The campaign will run from September 2 to 13. The list of presidential candidates includes mainly Prime Minister Youssef Chahed, former president Moncef Marzouki, interim Speaker of Parliament, Abdel fattah Mourou, former Defense Minister […]
Algeria: State-Owned IMETAL Takes over ArcelorMittal’s Shares in Three Companies
Algerian public company IMETAL specialized in metal work and steel industry took control on Sunday of shares of Indian giant ArcelorMittal in ArcelorMittal Algérie (AMA,) ArcelorMittal Pipes and Tubes Algeria (AMPTA) and ArcelorMittal Tebessa (AMT,) reports say. The deal has been in the pipeline since October last year. The Indian giant controlled 49 per cent […]
Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns
Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]



