Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017

Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]

Throne Day: King Mohammed VI pardons nearly 2,500 inmates, including convicts in extremism, terrorism cases

On the occasion of Throne Day, celebrated on July 30 in Morocco, King Mohammed VI granted pardon to 2,476 People, sentenced by the different Moroccan courts, the Justice Ministry said in a statement. The Ministry of Justice unveiled the list of the beneficiaries of the royal pardon, who are either detained or serving a suspended […]

Washington Warns U.S. Citizen against Travel to Algeria

The Department of State continues to warn U.S. citizens against travel to Algeria due to a high threat of terrorist attacks and kidnappings in this country. In its latest updated travel warning, the US Department says terrorist groups remain active in Algeria where extremists have carried out attacks (often using bombs, ambushes, or false roadblocks) […]