First Independent Mena Newspaper
The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]
Algeria trade deficit widened to $10.33 billion during the first nine months of 2015, against a $4.09 billion surplus a year earlier, after a sharp fall in energy earnings caused by global drop in crude oil prices. The new figures confirm the deteriorating economic situation in the North African country, member of the OPEC cartel. […]
Algerian human rights activist, Zoulikha Belarbi, has been arrested by local police at Tlemcen, northwest of Algeria. No clear reason for her arrest has been communicated. The information was confirmed by lawyer and President of the Algerian human rights league (LADDH,) Salah Dabouz. “Human rights activists working on the ground have been, for some weeks, […]
The internationally recognized government of Libya has refused to endorse the UN peace deal offering power-sharing with rival Islamists, prompting serious concerns over future of this North African country and risks of escalation of violence. A spokesperson for the internationally recognized parliament said the Tobruk lawmakers will not sign the agreement to form a unity […]
Pressure on rival Libyan political protagonists to endorse the UN-proposed government is increasingly upping with the international community and UN Security Council pushing hard, despite strong division within camps, to back Leon’s proposed government. On Sunday a number of countries, friends of Libya, called on the political protagonists to swiftly back and implement the UN […]
Algerian police forces broke Wednesday a sit-in of workers of the banned El Watan El Djazairia TV and arrested 18 protestors, reports said. A total of 18 participants in the sit-in have been arrested while they were protesting the closure of El Watan El Djazairia TV, one of Algiers’ private TV stations. “Police forces raided […]
The Tunisian Ministry of Defense announced Monday two of its soldiers have been killed and four wounded in a clash with Jihadists near the Algerian border as they were on an operation to free a man kidnapped by the militants. During a search operation, jihadists hiding out on Mount Sammama opened fire on the soldiers, […]
Former Algerian Prime Minister Mouloud Hamrouche Saturday indicated that the Algerian political system outlook and social features do not allow family succession to power in Algeria as rumors indicate that incumbent ailing President Bouteflika is grooming his younger brother to take over him as head of state. “The features of the society and the Algerian […]
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 […]
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 […]