Algeria Headlines

Algeria: Army killed 2 notorious terrorists, Defense Ministry

The Algerian Defense Ministry announced Wednesday the army had killed two dangerous terrorists and seized weapons in Taher (Jijel) small town on Tuesday. The Defense Ministry statement indicated that its forces killed the two notorious terrorists in an ambush after receiving intelligences on their hideouts. “Thanks to the exploitation of intelligence gathered, a unit of […]

Algeria Headlines

HRW Denounces Algeria’s Detention of Pro-Autonomy Activists

Human Rights Watch has called on Algerian authorities “to release or try in a fair and open trial a pro-Amazigh activist, Kameleddine Fekhar, and his 24 co-defendants”. Fekhar has since 2013 called for autonomy of the Mzab, a northern Sahara region, and has condemned the Algerian government for “complicity in crimes against humanity by Sunni […]

Business Emerging Markets Energy Finance

Algeria: Government shelves equipment projects due to oil prices collapse

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 Finance Headlines

Algeria: Dinar falls to historic record low

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 […]

Algeria Headlines Uncategorized

Algeria: Travelers under 40 submitted to Jihadist security check

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 […]

Algeria Business Headlines

Has Algeria Received Russian Anti-Aircraft Missile System S-400?

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 […]

Europe Headlines International Tunisia

Tunisia’s Challenges hail from Algeria and Libya, former French President

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 […]

Algeria Headlines

Al Qaeda Strikes Algerian Army

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 Finance Headlines

Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns

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 […]