Algeria Features Headlines

Algeria’s Ailing Long-Time President Bouteflika to Run for 4th Term

Algeria’s 76-year-old President Abdelaziz Bouteflika has been nominated by his ruling National Liberation Party (FLN) to run for a fourth term in April 2014. The ailing leader, who was hospitalized in France last April after suffering what official reports described as a stroke, has been in power since 1999. He presided over a cabinet meeting […]

Algeria Features Headlines

Algeria: reinforcing aerial defense

Algeria has set its eyes on the Adcom Systems Yabhon United 40 Block 5 Unmanned Aerial Vehicle (UAV) at the ongoing Dubai Air Show 2013. Algiers wants to boost its medium-altitude long-endurance (MALE) intelligence, surveillance, and reconnaissance (ISR) capacity. The Yabhon United 40 Block 5 is considered to be likely included in its fleet very […]

Algeria Features Headlines

Algeria hits back after Morocco King’s speech

The diplomatic tussle between Algiers and Rabat is showing no signs of dying down after the Algerian foreign minister urged Moroccan authorities to be up to the task. Minister Ramtane Lamamra called on Morocco to act accordingly after a trespasser scaled the Algerian consulate walls in Casablanca and tore its flag. Morocco and Algeria are […]

Business Emerging Markets Features

How to Attract FDI to Maghreb: Casablanca Financial City a la ‘Shenzhen’

When in January 2013 the chief of the International Monetary Fund (IMF), Christine Lagarde, attended the 5th international conference of finance ministers and central banks governors of the Maghreb countries, she talked about the necessity of boosting growth and employment within the region, while also reminding the distinguished audience that political issues still constitute a […]

Features Headlines Morocco

Human Rights: Morocco does not need to take any lessons from anybody (King)

Morocco does not need to take lessons on human rights from anybody, and especially not from those who “systematically” violate these rights, said Morocco’s king Mohammed VI on Wednesday. “Morocco refuses to receive lessons on the subject (of human rights), especially from those who systematically violate human rights. Anyone wishing to outbid Morocco has to […]

Algeria Features Headlines

Algeria and Serbia seek closer economic ties

Economic committees from Algeria and Serbia will be meeting to discuss means of further developing the economic cooperation between their respective countries in Belgrade. Prior to their meeting, Serbia’s First Deputy Prime Minister Aleksandar Vucic and Algerian Minister of Water Resources Hocine Necib met to discuss bilateral relations they share. Algiers is very supportive of […]

Algeria Features Headlines

Algeria’s Steel Giant to Be De-Facto Nationalized

The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]

Algeria Features Headlines Morocco

Algeria-Morocco: Nothing Works Anymore

Relations between the two Maghreban enemy brothers, Morocco and Algeria, have taken an ugly turn after the Algerian president Abdelaziz Bouteflika called for the establishment of a mechanism to monitor human rights in Western Sahara, a territory whose independence is claimed by the Polisario. The call was immediately denounced by Morocco and to make its […]

Algeria Features Headlines

Algeria: gearing up economic transformation

A top economic consultant and advisor of the Algerian government, Abdelhak Lamiri, has hinted that the government could be announcing economic reforms which could open the economy to foreign investors after the 2014 elections. In recent times, the government has taken several policies oriented towards liberalization. The current government is gearing up for an immense […]

Algeria Features Headlines

Algeria: biggest defense spender

According to a report published by the Strategic Defense Intelligence (SDI) market research group, Algeria continues to be leading other countries in the continent’s defense expenditures. Algeria has been known to be a big spender in the defense market and the trend is expected to continue as Terrorism gains attention in the North African region. […]