The first phase of the drilling campaign of Hassi Bir Rekaiz perimeter, carried out by the National hydrocarbon company Sonatrach in partnership with Thai company PTTEP and Chinese CNOOC, resulted in oil discovery in three wells, in a statement released by Sonatrach. Nine wells were drilled by the three companies at the Hassi Bir Rekaiz […]
Tag: Algeria
Algeria presents investment opportunities to Italy
An Algerian delegation headed by the Minister of Industry, SME and Investment Promotion Cherif Rahmani has met with members of the Confindustria, the Italian employers’ association, to discuss investments opportunities offered by Algiers. During the meeting in Rome, Algeria presented the privileges offered to foreign investors, the government’s plan to develop renewable energy and the […]
Mali, Anti-terrorism Struggle Top Agenda of 5+5 Dialogue Meeting
The situation in Mali, the fight against terrorism and the strengthening of trans-border security are on top of the agenda of the 5+5 Dialogue meeting convening in Nouakchott Tuesday. The Foreign Ministers of the countries forming this informal sub-regional body that brings together 5 Western Mediterranean countries (France, Italy, Malta, Portugal, Spain) and their North […]
Algeria reinforces ties with Spain
Algeria and Spain have taking their bilateral relations and cooperation to another level after the signing ceremony of several industrial partnership agreements in various sectors. The ceremony was witnessed by ministers from both governments with Cherif Rahmani, Algeria’s minister of Industry, Small and Medium-sized Enterprises and Investment Promotion, and Spain’s Minister of Industry, Energy and […]
Algeria: strategy for Tourism development
The Palace of Nations is hosting the second national conference on tourism where the stakeholders will have an overview of the 2008-2012 activity report. The gathering was graced by the presence of several government officials and international dignitaries. President Bouteflika’s message addressed to the conference was read on his behalf by one of his advisers, […]
Algeria: A hub for sugar exports
The Chief Executive Officer and owner of Cevital, Issad Rebrab has said that the company is expecting to increase its white sugar exportations by 20% this year. To reach its goal, it will be boosting its sugar refining capacity from 750,000 tons to 2,75 million tons. The company has always set its eyes on exporting […]
Algeria to strengthen economic ties with Pakistan
Algeria is working towards establishing a stronger trade relationship with Pakistan through a more direct approach. Addressing the Faisalabad Chamber of Commerce and Industry (FCCI), the Algerian ambassador to Pakistan, Ahmed Benflis, said they will like to establish a direct contact with the Pakistani business community. Pakistan is experiencing deep energy crisis and Ambassador Benflis […]
WTO: Algeria Wants In
A statement from the Algerian ministry of Trade has stated that the 11th formal meeting of multilateral negotiations for the country’s return to the World Trade Organization (WTO) will take place this Friday. Trade minister Mustapha Benbada will be representing Algeria. He will be backed by a delegation of trade experts and negotiators in order […]
Algeria: Imams Set up Union to Counter Salafists
Algerian imams have been authorized to set up their own trade union that will stand as the advocate and protector of the Sunni Islam practiced in Algeria and as a bulwark against other religious trends, mainly salafism. The mission entrusted to the union mainly consists in defending the material and moral rights of imams and […]
Algeria encourages France to attack Sub-Saharan Africa
The economic partnership between Algiers and Paris is in the right direction and both partners are willing to improve on it in order to make it more conducive for national and foreign investors. Minister Rahmani is on a working visit to France to improve the cordial business relationship they share. He will be holding meetings […]









