First Independent Mena Newspaper
Abdelmalek Sellal, the ex-Algerian Prime Minister, will head the campaign team of President Abdelaziz Bouteflika who has officially announced his plans to run for a fifth term in office Sunday. According to the state-run news agency APS, which also announced Bouteflika’s candidacy for a fifth five-year term in April’s elections, Sellal was appointed to the […]
It came as no surprise that the outcome of Algeria’s legislative elections maintained the political status quo and registered one of the lowest turnouts in the history of ballots in the country, not exceeding 38%, according to the Interior Ministry. The rate shows the magnitude of young voter apathy in a context overshadowed by an […]
After Angela Merkel and Hassan Rouhani, the Algerian leader has failed to meet up with French Premier Bernard Cazeneuve last Thursday though the French leader was scheduled to meet up with the ailing Algerian leader glued to a wheel-chair since 2013, reports say. The media and sources close to the Algerian presidency denied that President […]
In a pessimistic tone that bodes ill for Algeria’s economic prospects, Algerian Prime Minister Abdelmalek Sellal announced yet a new slump in the country’s foreign exchange reserves, which currently stand at $112 billion. As Algeria’s revenues continue to be battered by the slump in oil prices, Sellal, who was speaking in Annaba at a meeting […]
Algerian Prime Minister Abdelmalek Sellal has acknowledged that Morocco has gained the necessary backing for its return to the African Union (AU). The Algerian top diplomat conceded that Morocco’s return to the AU has become inevitable, as it has secured the necessary votes from the majority of African countries. Speaking at a press conference held […]
Algeria’s finances have been severely battered by the slump in oil prices, dwindling from $178 billion in 2014 to $114 billion by the end of 2016, Algerian Prime Minister Abdelmalek Sellal said. Speaking to state television, Sellal set the tone for appeasing worries saying that the situation is under control as criticism mounts over the […]
The big PR African business & investment forum which Algerian authorities organized lately in a bid to improve the country’s image that is losing luster in the continent has turned into a fiasco. From the outset, the shaking start of the event was marred by protocol errors showing lack of experience, irking Algerian officials who […]
Tunisia will be hosting an International Investment Conference in Tunis from Tuesday, seeking support and investors to revamp its ailing economy. According to Fadhel Abdelkefi, Minister of Development, Investment and International Cooperation, “the conference is an opportunity for the North African nation to present its major infrastructure projects to international investors in order to provide […]
Many political analysts are wondering whether there is currently a Saudi mediation to heal relations between Algeria and its neighboring Morocco as top Algerian officials have softened up lately their anti-Moroccan rhetoric prior a visit to Riyadh by Algerian Premier Abdelmalek Sellal. Morocco is one of the strategic partners of the Arab rich Gulf monarchies, […]
The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]