Algeria Headlines

Algeria: PM claims President in control of country’s affairs

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 […]

Algeria Business Headlines

Algeria-WB: Difficult to do business in Algeria

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 […]

Algeria Headlines

Algerian Dubai-based think tank seeks to attract investments to Algeria

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 Business Headlines

Algeria’s Trade Deficit Worsens to Over $ 10 billion

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. […]

Algeria Headlines

Algeria: harassment of human rights activists continues

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, […]

Algeria Headlines

Algeria: Police breaks TV workers’ sit-in, arrests 18

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 […]

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 […]