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Financials and Investment News in Algeria

Algeria-WB: Strengthening of Bilateral Cooperation in Industrial Sector
2/7/2018 - The minister of Industry and Mining Youcef Yousfi received in Algiers, the World Bank’s Country Director for the Maghreb and Malta, Middle East and North Africa, Marie-Françoise Marie-Nelly, with who...
Algeria Has Achieved an Economic Growth Rate of 2.2% in 2017
2/12/2018 - Algeria's economic growth hit 2.2% in 2017, against 3.3% in 2016, despite significant decline in the sector of hydrocarbons, said the Governor of the Bank of Algeria, Mohamed Loukal.

"Algeri...
Algiers: Export Promotion Fund Resources Underexploited
3/1/2018 - The Export Promotion Fund (FSPE), currently worth DZD39 billion, is "under-exploited" because of the weakness of regular export activities and bureaucratic problems, said Trade Ministry Chief of staff...
Algeria, Denmark Agree to Give Fresh Impetus to Economic Cooperation
3/7/2018 - The Algerian-Danish Business Forum, held in Algiers, has been an opportunity to express the willingness of both countries to boost their economic and trade cooperation.

The Algerian Managers...
Algeria-Denmark: Messahel Call for Development of Economic Ties
3/7/2018 - Foreign Minister Abdelkader Messahel called for the development of the economic and trade relations between Algeria and Denmark, to raise it to the level of the excellent political and satisfactory t...
Algiers: Trade Deficit Down by 96% in January, February 2018
3/20/2018 - Algeria’s trade deficit reached USD97million in the first two months of 2018 against USD2.33 billion in the same period in 2017, down by USD2.23 billion (96%), said the Algerian Customs.

Exp...
Investment in Youth, "Valuable" For Algeria, Says Prime Minister
3/26/2018 - Prime Minister Ahmed Ouyahia said in Algiers that addressing youth concerns represented a "major challenge of modern time" but also a "valuable investment" for Algeria in the future.

In his o...
Conference on Digital Economy in MENA Region Opens in Algiers
3/26/2018 - The Conference on the contribution of digital economy to the growth of the countries of the Middle East and North African region (MENA) opened in Algiers, in the presence of Premier Ahmed Ouyahia and...
Algeria-Spain: Shared Willingness to Boost Cooperation
4/3/2018 - The President of Spanish Government Mariano Rajoy Brey ended evening his visit to Algeria, during which he co-chaired with Prime Minister Ahmed Ouyahia the 7thAlgeria-Spain High Level Meeting.

...
Algeria Counts on Partners' "Understanding" :Trade Safeguard Measures
4/3/2018 - Algeria counts on the "understanding" of its traditional suppliers, with regard to the trade safeguard measures taken by the government in order to address the balance-of-payments situation, said in ...
Algeria Economy Grew By 4 Percent in First Quarter-Finance Minister
4/5/2018 - Algeria’s economy grew 4 percent in the first quarter versus 2 percent in the first quarter in 2017, Finance Minister Abderrahamane Rouia told.

Rouia also said that the annual inflation was 4...
Algerian PM Says Economy to Improve in 2018 As Energy Exports Recover
4/14/2018 - Algeria’s economy will improve this year, Prime Minister Ahmed Ouyahia said , as revenue from the OPEC member’s oil and natural gas exports picks up after falling by half since 2014.

“2017 ha...
ALgiers Economic Forecasts: 2018 to Be Better Than Previous Year
4/14/2018 - Prime Minister Ahmed Ouyahia affirmed that the forecasts announce that 2018 will be undoubtedly better than the previous year at the economic and social levels.

Speaking in a press conference...
Algiers Economic Situation in 2017: Correct Results despite Severe Economic Crisis
4/14/2018 - Prime Minister Ahmed Ouyahia affirmed , in Algiers, that the results achieved by Algeria in 2017 were “correct” despite a severe economic crisis due to a drastic drop in oil prices.

Speaking ...
Algeria Expects "Big" Harvest This Year -State Agency
4/28/2018 - Algeria, one of world’s largest importers of grain, expects a “big” harvest this year after abundant rainfall and plans to reduce drastically its purchases of barley and durum wheat in 2020, state new...
Raouya Discusses Economic, Financial Cooperation with Vice President of US Chamber of Commerce
5/7/2018 - Minister of Finance Abderrahmane Raouya has received, in Algiers, the Executive Vice President and head of International Affairs at the US Chamber of Commerce, Myron Brilliant, with whom he discussed ...
Algiers PM Receives Delegation of Presidents of Arab Chamber of Commerce and Industry
5/10/2018 - Prime Minister Ahmed Ouyahia received in Algiers a delegation of Presidents of the Arab Chamber of Commerce and Industry, led by Nael Raja Al-Kabariti President General Union of Arab Chambers of Comm...
Algeria, EU Adopt New Financial Cooperation Framework for Next Two Year
5/14/2018 - Algeria end the European Union (UE) adopted Monday in Brussels a new financial cooperation programme named “Unique support framework” (CUA) that defines the priorities of bilateral technical and finan...
Algiers: Environment Sector Strategy Encourages Investment in Recycling, Waste Recovery
5/19/2018 - Minister of Environment and Renewable Energies Fatma Zohra Zerouati affirmed . in Algiers, that her sector is working, as part of a new economic model for the period up to 2035, to encourage and accom...
Algeria, Bosnia-Herzegovina Willing to Enhance Economic, Trade Relations
5/28/2018 - Minister of Industry and Mines Youcef Yousfi and Foreign Minister of Bosnia-Herzegovina Igor Crnadak expressed both countries’ willingness to enhance economic and trade relations, announced the Minis...

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