Algeria Energy Headlines

Algeria: The country is in a “difficult” economic situation, PM Sellal

Algeria would be facing a challenging period in the upcoming years as the low hydrocarbon prices will affect the country’s income. The statement was not made by a political or economic analyst but by the Algerian Prime Minister Abdelmalek Sellal himself, at a meeting with the academic community on Sunday. He said the collapsing hydrocarbon […]

Algeria Headlines

Algeria: Italian car producer Iveco to start production in Algeria end of 2016

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 […]

Algeria Headlines

Algeria: Bouteflika fires Chief of Intelligence service

The Algerian presidency announced Sunday the “retirement” of the head of Algerian intelligence services (DRS) General Mohamed Mediène nick-named “Toufik”. Abdelaziz Bouteflika, Head of State and Minister of National Defense “has put an end to the functions of the Head of Intelligence Department, occupied by General Mohamed Mediene who has retired,” a statement by the […]

Algeria Headlines

Algeria: if nothing changes, society will implode, movie-maker

Algerian Merzak Allouache who directed “Madame Courage” film, has warned “if nothing changes, Algerian society will increasingly come under threat from the scourge of radical Islam while corruption has plagued the country for decades”. “Algerian society is blocked”, he added in a statement to media, affirming that “there is a risk today because the country […]

Algeria Energy Headlines

Algeria: “No need for foreign stimulus package to overcome financial crisis”, Finance Minister

Algerian Finance Minister declared Sunday that despite current economic down-turn of the Algerian economy due to acute collapse of oil price, Algeria does not need foreign intervention to balance its budget, saying that the government will lean on domestic economic potential to keep its head above water. “Algeria does not need foreign debt, it needs […]

Algeria Headlines

Algeria calls for security partnership with Chad and Niger

The foreign ministers of Algeria, Chad and Niger met in Algiers on Sunday to discuss the security challenges facing the Sahel region with emphasis on the ongoing Libyan war while showing support for the implementation and respect of the peace agreement in Mali. Algeria’s Minister of Maghreban, African and Arab Affairs Abdelkader Messahel said that […]

Algeria Headlines

Algeria: Bouteflika strengthens power with crackdown on security officials

President Bouteflika seems to be solidifying his position, according to experts, by arresting several top security officials and by sacking or ordering the resignations of others with the help of his allies, amongst them the army chief of staff Ahmed Gaid Salah. The arrest of the anti-terrorism chief and the sacking of top officials in […]

Algeria Headlines

Algeria: Titanic changes at Air Algérie

Algerian Minister of Transport announced earlier this week a major change at the state-owned airline which will be transformed into a corporation made of different companies. Transport Minister Boudjema Talai said the change is necessary in light of the audits which unveiled “a catastrophic management” of the company. “On the basis of the results of […]

Algeria Headlines

Algeria targets 13% gas production increment by 2019, Energy Minister

Algerian energy minister Salah Khebri has stated that the country plans to boost its natural gas production capacity which has been on the decline for the past couple of years. He said the objective is to increase production by at least 13% before the end of 2019. Its low gas output has affected government programs […]

Algeria Headlines

Algeria: Army killed 2 notorious terrorists, Defense Ministry

The Algerian Defense Ministry announced Wednesday the army had killed two dangerous terrorists and seized weapons in Taher (Jijel) small town on Tuesday. The Defense Ministry statement indicated that its forces killed the two notorious terrorists in an ambush after receiving intelligences on their hideouts. “Thanks to the exploitation of intelligence gathered, a unit of […]