Algeria Finance Headlines

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 […]

Business Headlines Morocco

Morocco: Nissan to multiply two-fold its market share in Morocco

Car giant company Nissan Tuesday indicated that it envisions increasing its market share in Morocco by 2016 and make the kingdom its pivotal point to conquer the African continent. Nissan Boss for Africa, Middle East and Far East Christian Mardrus speaking at the launch of a new Nissan show-room in Casablanca said the car producing […]

Algeria Headlines

Algeria: Is Belmokhtar Dead or Still Alive? Yes… No…

No day passes without the circulation of contradictory information alleging that the most wanted Algerian terrorist, Mokhtar Belmokhtar, is still alive or that he was killed few months ago. This week, in the space of just few days, these conflicting information resurfaced again. A top Al-Qaeda fighter said in an audio recording dating back to […]

Algeria Headlines

Algeria: One-eyed Sahara Al-Qaeda boss still alive, Al-Qaeda fighter

Mokhtar Belmokhtar, Sheikh of Sahara, reported dead in June by Libyan authorities, is still alive according to a top Al-Qaeda fighter. Abderraouf Hossam, a top Al-Qaeda fighter, indicated in an audio recording dating back to July that the Algerian leader of al Mourabitoune, an Al-Qaeda-affiliate armed group in West Africa, was still alive and claims […]

Algeria Energy Headlines

Algeria: Sahara Solar Breeder project, an end to oil energy dependency?

Algeria which is badly hit by the collapse of oil prices on the international market is trying to end its heavy dependency on oil and to diversify its energy production. One of the alternatives raising Algerian authorities’ optimism is the Sahara Solar Breeder project (SSB) being developed in cooperation with Japanese researchers. Algerian and Japanese […]

Columns Opinions

Stockholm’s New Stand on Western Sahara, a Meddling in the UN Peace Process & a Geopolitical Threat

Sweden’s plans to recognize the self-proclaimed Sahrawi Republic has sparked widespread anger in Morocco where the Islamist-led government and all political parties denounced Stockholm’s political hostile move. All Moroccan political actors in the North African nation are in shock. They cannot figure out why some Swedish political parties are taking such a perilous stand instead […]

Algeria Headlines

Spain Helps Algeria Upgrade Amphibious Logistics Ships

Algerian Navy has received early this week its logistics ship “BDSL Kalaat Beni Hammad” which was overhauled by Spanish shipbuilder Navantia. The Spanish company had earlier modernized a sister logistics support and landing ship, BDSL 473 Kalaat Beni Rached, as part of a deal concluded with the North African country. “This major modernization program has […]

Algeria Headlines

Algeria: Former Islamist fighter announces debut into politics

Ex-notorious Algerian Islamist fighter of the 1990s revealed he will start a career into politics causing stirs into Algerian society still reminiscent of the 1990s “black years.” Madani Mezrag, a former Islamist who fought the Algerian government during the civil war of the past century, an nounced recently that he would set up a political […]

Headlines Morocco

Morocco Nabs More Isis Terror Members

Moroccan authorities have announced the arrest during the few past days of another six members of the terror Islamic cell they dismantled September 12th, showing the Kingdom’s tireless efforts and firm determination to combat terrorism. According to Central Bureau of Judicial Investigation (BCIJ), an FBI-like Bureau of Investigations, the criminal involvement of the newly captured […]

Algeria Headlines

Algeria: Algiers to scale up renewable energy projects

Oxford Business Group (OBG) pointed out that the Algerian government is to raise its renewable energy targets in a bid to reduce its dependence on gas-generated energy and make savings in its energy investments. Algeria, which is challenged by the continuing oil price collapse combined with an increase in energy investments due to growing domestic […]