Algeria Headlines

Algeria: ‘Bouteflika candidate for 2019, if he wishes,’ Ruling Party New Secretary

Newly elected secretary of the ruling National Liberation Front (FNL), Ould abbaes, has dropped a bombshell when he said that the party’s long-standing president Abdel Aziz Bouteflika would be the party’s candidate for the 2019 presidential election if he wishes. “It is obvious that the President of the party will be our candidate in 2019 […]

Algeria Headlines Mauritania

US Think Tank Warns of Frail Stability in Algeria, Mauritania

The American Enterprise Institute (AEI), a public policy think tank, published on its website an article that exposes the frail stability in Algeria and Mauritania, putting the two North African states in a list of “ten countries whose stability cannot be taken for granted.” The article, signed by Michael Rubin, points out to the semi-military […]

Algeria Headlines

Algeria: Ruling Party’s Secretary Steps Down

Algeria’s ruling party, the National Liberation Front (FLN), was taken by surprise Saturday as the party’s Secretary Amar Sadaani announced his resignation reportedly at the demand of the party’s long-standing president Abdel Aziz Bouteflika. His resignation, according to analysts, is a clear sign of friction between a group around President Bouteflika and a group of […]

Algeria Finance Headlines

Algeria’s Current Fiscal Crisis Evokes Late 1980s Turmoil, Study Says

The Algerian economy has been heavily battered by the slump in oil prices evoking the catastrophic events of the late 1980s which plunged the country into a spiral of a decade of violence, said a new study entitled, The Impact of Low Oil Prices on Algeria, published by the Center on Global Energy Policy. The […]

Algeria Headlines Morocco

UN 4th Committee: Morocco Deplores Algeria’s Perpetuation of Sahara Conflict

Algeria’s responsibility in prolonging the Sahara conflict was decried by Morocco’s Representative at the UN in New York Omar Hilale, who deplored that Algiers continue to block efforts aiming at reaching a lasting political solution to the Sahara dispute. Hilale, speaking before the UN General Assembly’s Fourth Committee, presented arguments showing the invalidity of the […]

Algeria Headlines

Algeria: Boutelika Proposes Collaborator Derbal to Lead Independent Election Monitoring Body

President Abdelaziz Bouteflika has proposed to appoint former Islamist figure and aid, Abdelwahab Derbal, as the chairman of the High Independent Election Monitoring Body. In line with the new constitution adopted in February, the Algerian President appoints the chairman of the body, which will replace the much criticized “National Commission of election Supervision” and “National […]

Algeria Headlines

Algeria: ‘Elections are Useless,’ Opposition Coalition

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 […]

Algeria Energy Europe Headlines

Italy’s Eni to Build Solar Plant in Algeria

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 […]

Algeria Headlines

Algeria: Three Satellites Launched from India

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 […]

Algeria Headlines

Algeria to Privatize Banks in Response to Oil Price Slide

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 […]