First Independent Mena Newspaper
A coalition of opposition parties Monday judged the future legislative elections in Algeria “useless” as they cannot change the dire conditions and the acute economic and social crisis gripping the country. United under the Forum for Consultation and Monitoring of the Opposition (ICSO), leaders of several political and opposition groups argued that given the current […]
Italy’s energy company Eni and Algeria’s state-owned hydrocarbons firm, Sonatrach, inked an agreement to build a solar plant to help the north African country reduce its dependency on gas. In addition to meeting local electricity demand, the plant would also free up more gas for the export market, local media said. The 10MW plant will […]
Algerian space scientists Monday launched three satellites from India’s PSLV C-35 satellite launch vehicle, reports say. A total of eight satellites, including the three Algerian satellites, were successfully launched from India’s space site of Satish Dhawan, situated in the South-East of the country. The three Algerian satellites, namely Alsat-1B, Alsat-2B and Alsat-1N according to the […]
State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]
Hundreds of Sahrawis sequestered in Tindouf Camps (Southern Algeria) have staged Thursday a demonstration to voice their anger at the Polisario new chief Brahim Ghali and express their frustration over status quo, deteriorating living conditions, alienation and political exploitation. This popular uprising, which reflects the deep cracks widening between the separatists’ leadership and grassroots, comes […]
Algeria’s trade deficit slipped into 14 billion dollars in the first 8 months of 2016 because of the fall in oil revenues, propelling the government to draft an austere appropriation bill for 2017 with the introduction of new taxes in a bid to minimize losses. Algeria’s trade deficit worsened despite an 11% decline in imports […]
The Polisario separatists, backed by Algeria, have failed at the 17th summit of the Non-Aligned Movement held in Venezuela (Sept. 17-18) in their hostile attempts targeting Morocco’s territorial integrity. They have not achieved any of their goals or schemes, according to political analysts. All their plots were foiled by Morocco at the NAM summit, which […]
The 2016 Economic Freedom of the World Report issued by the Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 151st among 159 surveyed countries. The report measures economic freedom including levels of personal choice, ability to enter markets, security of privately owned property and rule of law. It analyses […]
Algeria’s ambiguity and its suspicious role in the fight against terrorism were raised during the meeting of Presidents and Speakers of Parliaments from the 47 Council of Europe member states, held on September 15-16 in Strasbourg. The remarks made at the Congress signal a growing confidence crisis between Algiers and the EU regarding the fight […]
After digging trenches on its western and eastern borders, Algeria is planning to build an electric fence on its western borders with Libya, several Libyan and Algerian newspapers reported. The 120-km fence aims at beefing up security measures on the porous borders with Libya to avert the infiltration of terrorists into Algeria amid reports of […]