Algeria Business Energy Features Headlines

Algeria: Ordinary operations resume at In Amenas gas plant

Ordinary operations are to begin at the In Amenas gas plant more than a year after the terrorists stormed it. The return of the companies came on the brink of intensified security measures to prevent another deadly terrorist attack. The announcement by Statoil to return to the plant will serve as a major boost to […]

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Algerian diplomats kidnapped in Mali freed

After spending more than two years in captivity, the Algerian diplomats kidnapped and taken hostage by the Movement for Oneness and Jihad in West Africa (MUJAO) in northeastern Malian city of Gao have been released. The information was diffused in a released statement by the Algerian Foreign Ministry which also reiterated the country’s steadfastness towards […]

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Algeria : Bouteflika strips Principal adviser Belkhaddem from all posts

Although President Abdelaziz Bouteflika is rarely seen in public, his decision to dismiss Abdelaziz Belkhaddem could be sending a strong political message that his illness will not be deterring him from his political duty. Abdelaziz Belkhaddem is one of the principal advisers to the Algerian President and he also once served as the Prime Minister […]

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Algeria : €10billion arms deal to be announced in weeks

Algeria will be embarking on a spending spree to reinforce and renew its military arsenal with a budget of more than €2 billion. The North African region has been threatened by the presence of terrorist groups that have gained more force in the aftermath of the Arab Spring. Algeria has been able to avoid anti-government […]

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Algeria : State to collapse if regime change fails

A coalition of opposition parties in Algeria composed of three Islamist parties and two other parties has voiced out its opinion on the present political situation. Algeria held presidential elections barely two months ago and the incumbent president was reelected for a fourth term. The coalition has called for a “real” regime change and urged […]

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Algeria: Constitutional amendment begins, first consultation held

As promised during the campaign, President Bouteflika has paved the way for the amendment of the constitution despite certain criticisms and boycotts by some opposition parties. Discussions for the amendment will be headed by former Prime Minister Ahmed Ouyahia and they will be centered on reinforcing the separation of powers and the independence of the […]

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Algeria: Council of Ministers approve shale exploration and exploitation

The nod has been given by Algeria’s Council of Ministers for works in relation with the development and exploitation of unconventional gas to continue.  The North African country once rich oil and natural gas reserves have been declining in recent years. The exploitation of shale gas is expected to complement the drop. Algeria has not […]

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Algeria tops North Africa cyber vulnerability, Kaspersky

Kaspersky Laboratory has released a research report entitled “IT Threat Evolution Q1 2014” which focused on internet security threats that the countries are facing. The company is well known for its potentials in fighting against viruses. In the report, North African countries such as Algeria, Egypt, Tunisia and Morocco were among those highly affected by […]

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Tunisia : Algeria becomes Tunisia’s ‘big brother’

Tunisia’s financial and economic woes have reached worrying stages forcing the government to curb its expenses. The state will be reducing the salaries of its employees. Algeria will be buffing up the coffers of the Tunisian Central bank foreign currency reserves, offer loans and grants that it will help to cover the expenses of the […]

Algeria Egypt Features Headlines

Egypt’s Old Guard Back in Power: Al-Sisi in Bouteflika’s Footsteps?

After Abdelaziz Bouteflika claimed a “crushing victory” in his bid to win a fourth term as Algeria’s leader and his main rival, Ali Benflis, has accused him of a “massive fraud”, Egypt seems to be headed to a similar scenario: While Egypt’s interim government has characterized the upcoming election as an important step towards democracy, […]