First Independent Mena Newspaper
Festivals of Andalusian music has grabbed the North African country this weekend but the Festival of Andalusia and Ancient Music ( FIMAMA) which runs for more than a week caught the attention of the nation as the curtains have been drawn till another edition comes again next year. It was the 7th edition of the […]
After decades of elusive quest for a common Arab economic space and EU-promoted trials with the fluky Euro-Mediterranean Free Trade Agreement (EU-MFTA), the economies of the MENA region are facing the challenge of deciding whether to bury or revive the ‘frozen’ regional integration processes. Prior to the events of the Arab Spring, the MENA member […]
Algeria has been urged to diversify its economy which is heavily based on revenues generated from oil exports. This remark was made during the periodic assessments of the Algerian economy in the current year which has just a few days to go. The International Monetary Fund (IMF) and World Bank (WB) did show their satisfaction […]
Algeria has already concluded four partnership agreements with French companies as the presidential visit goes on. The agreements cover areas like pharmaceutical, medical devices and food. Companies from the two countries will be going into joint ventures for the establishment of projects with investments rules fixed at 51%-49%, as stated in rules governing foreign investment […]
The European Union is pushing the five countries of the Maghreb (Algeria, Libya, Mauritania, Morocco & Tunisia ) to enhance their cooperation and foster their integration because the two regional blocs and shores of the Mediterranean share common interests. To reach that goal, the EU High Representative and the European Commission issued a Joint document […]
ConocoPhilips has announced the sale of its subsidiary in the North African country of Algeria in a deal worth more than a billion dollar. According to the announcement from the company, it has agreed to sell its Algerian business unit for a total of US $1.75 billion plus customary adjustments to Pertamina. The deal involves […]
Eberhard Rhein is currently senior adviser at the European Policy Center in Brussels. He has devoted most of his life to European and global issues. During the 1980s-1990s, he served successively as chef de cabinet to the Commission vice-president in charge of external relations and director responsible for the Mediterranean and Arab world. Lately, he […]
The newly formed Libyan government has ordered the temporary closure of the country’s borders with four of its neighbors and declared the southern region a restricted military zone. The land borders with Chad, Niger, Sudan and Algeria were shut in a bid to better control and fight “illegal immigration and illicit activities such as arms […]
The European Commission has approved two new cooperation programs worth € 45 million destined to help Algeria modernize its public administration and diversify its economy. The first program worth 15 million Euros will support the efforts made by the Algerian authorities for the diversification of their economy which remains heavily dependent on oil and gas […]
The 6th edition of the Arab Film Festival in Oran (FOFA) is going on in Algeria and the minister of culture Khalida Toumi was the chief guest of honor at the opening ceremony. In the opening remarks, the minister who was represented by Rabah Hamdi said that the Arab Film Festival in Oran represents a […]