Algeria Headlines

Algeria’s Cocainegate Continues to Uncover Corrupt Officials

Cocainegate, as the press came to call it, continues to stir heated debate in Algeria after senior officials including major gendarmerie general Menad Nouba are brought before justice. Authorities seized 701 kilograms of cocaine last May on a ship in the port of Oran. The record haul points to a growing network linking South America […]

Algeria Headlines

Algeria: harassment of human rights activists continues

Algerian human rights activist, Zoulikha Belarbi, has been arrested by local police at Tlemcen, northwest of Algeria. No clear reason for her arrest has been communicated. The information was confirmed by lawyer and President of the Algerian human rights league (LADDH,) Salah Dabouz. “Human rights activists working on the ground have been, for some weeks, […]

Algeria Headlines

Algeria-Portugal: Erenav, Martifer to set up shipbuilding joint venture

Algeria’s national ship repair company Erenav has signed a memorandum of understanding (MoU) with Portuguese Group Martifer on the setting up of a joint venture in shipbuilding and ship repair that will be located in the North African country. The two parties were both excited about the agreement and they hope to use the venture […]

Business Emerging Markets

The Algerian-Spanish Trade and Industry Circle

Economic transactions between Algeria and Spain has not seized to increase and it continues “to be more and more important,” according to the Consul General of Spain in Oran, José Manuel Rodriguez. Such fruitful relationships have led to the recent creation of an Algerian-Spanish Trade and Industry Circle (CCIAE) which will be located in El […]

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 […]

Algeria Headlines

Algeria Mulls Building $ 2 bln Condo Towers

The Algerian government is planning to build five major tower complexes in the North African country, which is an important oil and gas producer. These major residential projects, to cost $ 2 billion, are destined to reduce and mitigate housing shortage exacerbated due to galloping population growth and a steady flow of urban migration. The […]