First Independent Mena Newspaper
After the breakthrough made by Morocco in Africa, neighboring rival Algeria tries to no avail to follow suit, by announcing a $ 360 million investment in Ethiopia, a risky move that will likely deepen further the country’s budget deficit already worsening since the fall of oil prices. The Algerian private group Cevital said Tuesday that […]
An Algerian administrative court on Wednesday upheld its last month provisional ruling cancelling the multimillion dollar takeover of the private El Khabar media group by Ness-Prod, a subsidiary of agribusiness group Cevital owned by billionaire Issad Rebrab. The court ruled that the agreement reached between the two parties is null and that El Khabar’s newspaper […]
Head of critical KBC TV channel Mehdi Benaissa has been arrested Thursday along with an official of the ministry of communication few days after appearing in court. Benaissa was summoned last weekend to a military police station in the capital Algiers. He also appeared in court at the instruction of the state prosecutor on Monday […]
Algerian business tycoon Issad Rebrab said in an interview from Brazil that Algerian authorities want to arrest him on cooked bases. “Those people need not an arrest warrant to arrest me. I have received some information from reliable sources that they will arrest me as soon as I return to Algeria in order to silence […]
Back in 2012, Issad Rebrab was listed as a potential candidate to Algeria’s presidential elections initially scheduled for April 2014 and press reports had then said that the man had already set up a campaign team made up of former cabinet members, businessmen and media figures. Last week, after President Abdelaziz Bouteflika suffered a stroke […]