Algerian and Italian companies will set up joint ventures in the housing industry sector as demand continues to grow in the North African country. According to the CEO of INDJAB holding company, Hafid Fassouli, four Algerian-Italian joint ventures specialized in construction and housing will be created soon, in a bid to upgrade Algeria’s construction capacity. […]
Algeria
Algeria Hostage Crisis Ends in Bloodbath: 37 Foreign Workers Killed, 5 still Missing
At least some 37 foreign workers, who were taken lately hostage by Islamist militants linked to Al Qaeda at a gas plant in Southern Algerian city of In Amenas, were killed during a military operation launched by the Algerian Special Forces to release the captives and retake to the gasfield compound. The identified slain hostages […]
Algeria Hostage Crisis: Over 40 Foreign Workers Captured by Al-Qaeda
As many as 41 people – including American, British, French, Japanese, Norwegian, Irish and Austrian nationals – are being held hostage by armed Islamist militants after storming a gas facility in Algeria. The gas production facility attacked on Wednesday by the terrorists is located in the town of In Amenas (near the Libyan border). The […]
Algeria plays final preparation match
The national team of Algeria, the “desert foxes”, are preparing for their final test game before focusing on the North African derby against Tunisia in the African cup of nations in South Africa. It will be their last game and it will be against a first division team in South Africa’s league known as the […]
AQIM Avenges Foreign Intervention in Mali with Abductions in Algeria
At least eight foreigners, including Britons, Norwegian and Japanese nationals were seized Wednesday in Algeria by Islamist militants in an attack on an oil facility in the south-eastern region of the North African country. The terror attack, which targeted a BP gas plant in the town of In Amenas (near the Libyan border), also claimed […]
Algeria Takes Military Action against AQIM
Algerian military forces have launched lately a large scale combing campaign targeting Islamist militants groups operating in the Boumerdes-Tizi-Ouzou-Bouira triangle, stronghold of al-Qaeda in the Islamic Maghreb (AQIM) and its affiliates. This campaign comes as the international community braces for military action to dislodge the radical Islamist forces occupying northern Mali after a coup in […]
Algeria not going as tourist to CAN
In a fornight before the African Cup of Nations (CAN) kicks-off in South Africa, the national coach of the Algerian football team has spoken about his team’s ambitions in the upcoming continental tournament. Coach Halilhodzic assured the Algerian people that the desert foxes will be representing the country to the utmost level despite uncertainties surrounding […]
IMF and WB urge Algeria diversification
Algeria has been urged to diversify its economy which is heavily based on revenues generated from oil exports. This remark was made during the periodic assessments of the Algerian economy in the current year which has just a few days to go. The International Monetary Fund (IMF) and World Bank (WB) did show their satisfaction […]
Algeria: Renault plant subcontracts only local enterprises
After the signing of agreements between the government of Algeria and Renault#, the news of subcontractors has been delivered to the public and it has been appreciated by the local businesses in the domain. It has been revealed that several components which will be need by Renault at its production plant in Oued Tlélat, Oran […]
Algeria Gets € 45 Mln Financial Support from EU
The European Commission has approved two new cooperation programs worth € 45 million destined to help Algeria modernize its public administration and diversify its economy. The first program worth 15 million Euros will support the efforts made by the Algerian authorities for the diversification of their economy which remains heavily dependent on oil and gas […]









