In 2010, Chinese foreign direct investment (FDI) accounted for approximately 68 billion USD, as compared to 2001, when China invested only 911 million USD overseas. The rapid increase in FDI between 2001 and 2010 was also facilitated by China’s ‘going global policy’ of 2002 that promoted competition for the share in global markets and natural […]
Tag: Algeria
Algeria: Energy and Mines Minister discusses strategy with ENI
Algeria’s Energy and Mines Minister, Youcef Yousfi, held a closed door meeting with Eni’s Chief Executive Officer, Paolo Scaroni, to discuss the Italian company’s ongoing projects and possible future projects to be done in the country. The meeting, which was held in the capital, was also an opportunity for the company to elaborate more on […]
Algeria: Bouteflika’s return sparks more confusion
After a well acclaimed and long awaited return of President Bouteflika, doubts have begun to rise from all quarters after being featured by the state television in a short and almost silent video. The video showed the president having a meeting with high dignitaries of his government. The video has intensified the debate over his […]
Algeria: Islamists form coalition, liberals and seculars lured
In the run up to next year’s presidential elections, three Islamist parties have decided to unite under a single candidate to increase their chances of governing Algeria. The opposition parties have always accused the government of election frauds and rigging. The Islamists have developed a three-option plan in case of eventualities regarding the elections as […]
Algeria: Zeroual being geared for presidency
Algeria’s former head of state from 1994 to 1999, Liamine Zeroual, has been tipped as a major contestant for the upcoming Algerian elections after pledges from different parts of the country continue to urge him to stand. He has not yet given a clue of his desires as he prepares to meet with the Movement […]
Libya to become OCSE Partner
Libya has applied to become a partner of the Organization for Security & Co-operation in Europe (OCSE) in a bid to receive support from this international security body and benefit from its assistance in matters of security, arms & border control, promotion of human rights, freedom of the press and polls’ organization. The Libyan application […]
Algeria talks investment with India
During a meeting with the Confederation of Indian Industry (CII), the Algerian delegation headed by Bouarroudj Mohamed Tahar, the country’s director general of mines, which is currently on a visit to the Indian capital, has called upon Indian entrepreneurs to carry out a feasibility study for cooperation in the fertilizer industry and to explore investment […]
Algeria: Presidential campaign gathers momentum
With the upcoming presidential elections scheduled for next spring, Algeria seems to be heading toward a direction with uncertain outcomes. President Bouteflika who has ruled the country for 14 years, spanning 3 terms in office has made a recent appearance albeit in photographs, after more than 18 months of absence while undergoing medical treatment in […]
Pertamina to begin Algerian activities soon
Muhammad Husain, the director of state own oil Indonesian company, PT Pertamina, has announced the company will be exploiting oil from Algeria in the next few months. This could allow the company to increase its reserve by 100 million barrels per day and additional crude oil output of 23,000 barrels per day. Negotiations are still […]
No More Entry Visas between Algeria,Turkey
As a process of tightening the bilateral relationship between Turkey and North African countries, and more precisely the Maghreb region, the Turkish Prime Minister Recep Tayyip Erdoğan is currently on a visit from June 3rd to June 6th to Morocco, Algeria and Tunisia. Erdoğan plans to meet the heads of state or heads of government […]









