First Independent Mena Newspaper
A day after Prime Minister Abdelmalek Sellal stated that the economy was going through a difficult juncture and stressed the need to adopt a long term growth vision, Finance Minister Abderrahmane Benkhalfa told the parliament that taxes and import duties could be increased and energy subsidies could be removed and that vigilance is required in […]
Algerian ailing President Abdel Aziz Bouteflika made a brief publicly appearance Thursday after rumours circulated that he died. The Algerian President was shown receiving the visiting Maltese Prime Minister. Analysts argued that this rare appearance was a response to allegation that the 78 year-old ruler was seriously sick and admitted to hospital in France. Rumours […]
Algerian Minister of Territorial Development, Tourism and Handicrafts announced Monday in Algiers the launch of 2,500 tourism projects in 2016 in a bid to strike balance between offer and demand in the tourism industry. Speaking at a national seminar on tourism agencies’ activities, Amar Ghoul indicated that the 2016 plan is meant to promote tourism […]
Algerian Prime Minister Monday rejected claims of some prominent public figures suggesting that the country’s President Abdelaziz Bouteflika has lost control of the country. During a meeting with investors in Blida, Abdelmalek Sellal stressed that ailing President Bouteflika was in full control of the country’s management. He added that the President is ‘daily’ and ‘step […]
The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]
A group of Algerian businessmen settled in the United Arab Emirates (UAE) has formed a think tank in Dubai in an attempt to promote Algeria as a business destination and propose a roadmap to lift the country out of the current economic turmoil. Members of the think tank are seeking to seduce UAE investors as […]
Algeria trade deficit widened to $10.33 billion during the first nine months of 2015, against a $4.09 billion surplus a year earlier, after a sharp fall in energy earnings caused by global drop in crude oil prices. The new figures confirm the deteriorating economic situation in the North African country, member of the OPEC cartel. […]
Algerian human rights activist, Zoulikha Belarbi, has been arrested by local police at Tlemcen, northwest of Algeria. No clear reason for her arrest has been communicated. The information was confirmed by lawyer and President of the Algerian human rights league (LADDH,) Salah Dabouz. “Human rights activists working on the ground have been, for some weeks, […]
Algerian police forces broke Wednesday a sit-in of workers of the banned El Watan El Djazairia TV and arrested 18 protestors, reports said. A total of 18 participants in the sit-in have been arrested while they were protesting the closure of El Watan El Djazairia TV, one of Algiers’ private TV stations. “Police forces raided […]
Former Algerian Prime Minister Mouloud Hamrouche Saturday indicated that the Algerian political system outlook and social features do not allow family succession to power in Algeria as rumors indicate that incumbent ailing President Bouteflika is grooming his younger brother to take over him as head of state. “The features of the society and the Algerian […]