Algeria Headlines

Algeria: economy situation and the IMF mission

Discussions were held in Algeria by the international monetary fund mission. These discussions gathered the minister of Finance, the minister of agriculture and rural development, the minister of labor, employment and social security and the Governor of the Bank of Algeria. All of them reflected on short and medium term economic policies and the influence […]

Egypt Headlines

Reconstruction of Egypt’s economy

Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]

Algeria Headlines

Algerian PM Recognizes Hurdles Facing Economy

The Algerian Prime Minister Abdelmalek Sellal has recognized before the Parliament that the country’s economy was facing many problems that hamper investments, wealth generating and jobs creation. The Prime minister who was presenting to the Parliament the government’s action plan earlier this week said one of the major problems facing the economy, which depends mostly […]