First Independent Mena Newspaper
The Algerian daily Liberté announced Monday that the government has decided to freeze all equipment projects it was planning to carry out due to acute slash in oil revenues. The Algerian government whose economy largely hinges on oil revenues is unable to forge ahead with its large and nationwide equipment projects plan to refurbish its […]
Algeria is trying to balance its finances as its economy continues to struggle due to the low global oil and gas prices that are affecting countries heavily dependent on such revenues. A source close to the North African country’s Central Bank hinted that the authorities at the bank let the Algerian dinar to depreciate against […]
The number of pay TV subscribers in the Middle East and North Africa will reach 21.3 million in 2020, says a report released by Digital TV Research Ldt. According to latest “Digital TV Middle East & North Africa Forecasts”, Turkey will account for 37 pc of the overall digital TV market in the five coming […]
Algeria is closely monitoring its citizens planning to travel to countries like Iraq, Syria, Jordan, Saudi Arabia, Yemen, Lebanon and Sudan after it became clear that those who plan to join Islamist extremist groups like the Islamic State or Al-Qaeda tend to pass through other countries in order to cover their traces. Most of these […]
The Algerian army has reportedly received Russian anti-aircraft missile system S-400, designed to intercept and destroy airborne targets at a distance of up to 400 km, twice the range of the American Patriot missile. If such a delivery is confirmed, the North African country will become the first foreign country to get the S-400 system […]
Former French President Nicolas Sarkozy charged Algeria and Libya for being sources of the unfortunate spell of violence rocking Tunisia in reference to the two deadly terrorist attacks that stroke Tunisia this year. He made the comments during his visit to Tunisia earlier this week. Nicolas Sarkozy, running as candidate of the French main opposition […]
It seems that the jihadist terror groups have carried out their threats launched against Algerian authorities when the Islamist militants attacked lately Algerian army, killing at least 11 soldiers. The deadly assault took place in a forested area of the Ain Defla (240km southeast of Algiers) wherein armed groups are active since the 1990’s Algerian […]
Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]
A video posted on a website loyal to the terrorist Islamic State group has threatened that Algeria and Andalusia will be targeted as part of the campaign to increase territories under the group’s control. In the video, two individuals who identified themselves as Abu al-Baraa al-Jazayiri and Abu Hafs al-Jazayri urged Algerians to rally behind the extremist […]
Tunisia and Algeria agreed to enhance their cooperation in the fight against terrorism affecting North Africa, wherein the Islamic state is expanding its deadly operations and influence threatening peace and stability of the whole region. The agreement was announced during the meeting held lately in Tunis between Prime Minister Habib Essid and Algerian Foreign Affairs […]