The People’s Assembly, Algeria’s lower house of parliament, adopted the 37 amendments of the bill on the promotion of investment and limited the controversial and strongly criticized 49:51 investment rule to “strategic sectors” only. The amendments were proposed by the committee of economic, development, industry, trade and planning affairs of the Assembly. The minister of […]
Tag: Abdessalem Bouchouareb
Panama Papers: Algiers Scolds Paris for “Hostile Campaign against President”
Relations between Algiers and Paris are seemingly turning sour few days after France’s top diplomat, Jean-Marc Ayrault was in Algiers to prepare the Algeria-France summit and two days before an official visit by French Premier Manuel Valls. On Wednesday, Algeria’s Minister of Foreign Affairs summoned French ambassador to Algiers to complain about French media “hostile […]
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 […]


