Algeria Egypt Features Headlines

Algeria talks Western Sahara after discussions with Egypt

After a telephone conversation between the Foreign Ministers of Algeria and Egypt, the Foreign Affairs Ministry in Algiers has stated that both countries have reaffirmed the need to complete the process of Western Sahara issue settlement in conformity with the UN Assembly General and the Security Council. Morocco considers Western Sahara to be part of […]

Algeria Features Headlines

Algeria to Invest $ 70 Billion Shale Gas

Algerian state-owned company “Sonatrach” is planning to invest at least $70 billion over the next 20 years for the exploitation of shale gas in the Saharan region. The plan was disclosed by the company’s managing director Said Sahnoun who hopes his country would be able to produce 20 billion cubic meters per year from 200 […]

Algeria Features Headlines

Less than a quarter of Algeria unsecured by forces

Less than 25% of Algeria remains unsecured according to the Director General of National Security Major General Abdelghani Hamel. He said the fight against crime in the country has been satisfactory although terrorist groups continue to exist. Hamel was given a review of the country’s security plans in a period tainted by terrorism and violence […]

Algeria Features Headlines Tunisia

Tunisia: Essebsi resigns from party, Algeria high on diplomatic agenda

President Essebsi is getting ready to serve as the country’s next president by resigning from the party that he has formed after the 2011 elections. He believes that continuing to be a member of the Nida Touness party will affect his duties as the president of all Tunisians. Discussions to form a government will soon […]

Algeria Features Headlines

Algeria: Sellal and Cameron agree on economic and security partnership

Algiers and London have renewed their will to build a long term economic partnership between them at the end of the Algeria-UK Investment Forum in London. Around 500 British businessmen attended it. A closed door meeting between the Prime Ministers of the two countries also dwelled on areas of mutual concern such as security, terrorism […]

Algeria Business Energy Features Headlines

Algeria: Sonatrach reveals $90 billion investment, Shale gas production set for 2022

Chief Executive Officer of state-owned Sonatrach, Said Sahnoun, asserted that their five-year investment plan will go ahead despite plummeting oil prices. Addressing the ninth North Africa Oil & Gas Summit held in Algiers, he also said that the exploitation of shale oil for production is scheduled for 2022. Analysts believe that the global slumping of […]

Algeria Features Headlines

Algeria’s project programs not shaken by price slump, Minister Jallab

Finance Minister Mohammed Jallab has told Algerians that there is no need for alarm despite the low prices of oil and gas. He said the country is capable of handling such shocks. Algeria is a country that heavily relies on gas exportation. OPEC has decided not to cut its production in order to increase global […]

Algeria Features Headlines

Algeria to get a new constitution

Algerians will be looking forward to the revision of their constitution after a message from President Bouteflika announced ongoing plans. The message stated that the decision was motivated by the changes in the Algerian society, strengthening of the state institutions and maintaining stability. Presidential adviser Mohamed Ali Boughazi read the message at an African scientific […]

Algeria Features Headlines

Qatar and Algeria cement ties after Embassy inauguration

Algerian Prime Minister Abdelmalek Sellal arrived in Qatar on Sunday for a two-day working visit. The highlights of his visit include the inauguration of the Algerian Embassy and the signing of several agrrements at the fifth Qatari-Algeria higher committee meeting. Discussions between Amir Sheikh Tamim and Prime Minister Sellal, wherein Deputy Amir Abdullah bin Hamad […]

Algeria Business Emerging Markets Features Headlines

Algeria: Africa’s 2nd largest consumer gets €50 million Renault factory

Algerian and French government officials were gathered at the western city of Oran to witness the opening of a €50 million Renault car factory in Algeria that will produce 25,000 units per year before rising to 75,000 by 2019. The plant is a joint venture and will be producing the ‘Symbol’ model; a saloon based […]