Algeria Headlines

Algeria: “Family succession to power, not possible in Algeria”, former PM

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 […]

Algeria Finance Headlines

Algeria: Cevital billionaire boss fears for his arrest

Algerian business tycoon Issad Rebrab said in an interview from Brazil that Algerian authorities want to arrest him on cooked bases. “Those people need not an arrest warrant to arrest me. I have received some information from reliable sources that they will arrest me as soon as I return to Algeria in order to silence […]

Algeria Headlines

Algeria: Is Belmokhtar Dead or Still Alive? Yes… No…

No day passes without the circulation of contradictory information alleging that the most wanted Algerian terrorist, Mokhtar Belmokhtar, is still alive or that he was killed few months ago. This week, in the space of just few days, these conflicting information resurfaced again. A top Al-Qaeda fighter said in an audio recording dating back to […]

Algeria Headlines

Algeria: One-eyed Sahara Al-Qaeda boss still alive, Al-Qaeda fighter

Mokhtar Belmokhtar, Sheikh of Sahara, reported dead in June by Libyan authorities, is still alive according to a top Al-Qaeda fighter. Abderraouf Hossam, a top Al-Qaeda fighter, indicated in an audio recording dating back to July that the Algerian leader of al Mourabitoune, an Al-Qaeda-affiliate armed group in West Africa, was still alive and claims […]

Algeria Energy Headlines

Algeria: Sahara Solar Breeder project, an end to oil energy dependency?

Algeria which is badly hit by the collapse of oil prices on the international market is trying to end its heavy dependency on oil and to diversify its energy production. One of the alternatives raising Algerian authorities’ optimism is the Sahara Solar Breeder project (SSB) being developed in cooperation with Japanese researchers. Algerian and Japanese […]

Algeria Headlines

Spain Helps Algeria Upgrade Amphibious Logistics Ships

Algerian Navy has received early this week its logistics ship “BDSL Kalaat Beni Hammad” which was overhauled by Spanish shipbuilder Navantia. The Spanish company had earlier modernized a sister logistics support and landing ship, BDSL 473 Kalaat Beni Rached, as part of a deal concluded with the North African country. “This major modernization program has […]

Algeria Headlines

Algeria: Former Islamist fighter announces debut into politics

Ex-notorious Algerian Islamist fighter of the 1990s revealed he will start a career into politics causing stirs into Algerian society still reminiscent of the 1990s “black years.” Madani Mezrag, a former Islamist who fought the Algerian government during the civil war of the past century, an nounced recently that he would set up a political […]

Algeria Headlines

Algeria: Algiers to scale up renewable energy projects

Oxford Business Group (OBG) pointed out that the Algerian government is to raise its renewable energy targets in a bid to reduce its dependence on gas-generated energy and make savings in its energy investments. Algeria, which is challenged by the continuing oil price collapse combined with an increase in energy investments due to growing domestic […]

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 […]