Articles
President Bouteflika Awards Rank To The First Female General Of The ANP
Fatima-Zahra Ardjoun, first female general of the ANP
“It is only through seriousness and self-sacrifice in the accomplishment of one’s duty that one can succeed.”
On more than one level, the event deserves being highlighted and it is in the spirit and the letter of the political guidelines and instructions of the Head of State who [...]
Algeria, Nigeria and Niger sign an intergovernmental agreement for the construction of the TSGP
Algeria, Nigeria and Niger have signed in Abuja an intergovernmental agreement on the construction of the Trans-Sahara Gas Pipeline (TSGP) which will connect Nigeria to Europe, via Algeria and Niger, we learn from the Ministry of Energy and Mines.
The agreement was signed by the Minister of Energy and Mines, Chakib Khelil, and his counterparts from [...]
What is Medgaz?
With a transport capacity of 8 billion cubic metres/year. I will connect Beni Saf on the Algenan coast to Akneria a Spanish coast. It will be supplied from the Hassi R gas dispatching centre. This gas pipeline of 24 inches in diameter for transporting natural gas across the Mediterranean Sea and will connect Algeria to [...]
Increase in the number of foreign companies and traders established in Algeria
The total number of foreign companies and traders operating in Algeria reached 6,454 operators in 2008 compared to 5,386 in 2007, according to the data from the National Trade Register Centre (CNRC).
The total number of foreign operators registered on the Trade Register at the end of 2008 was divided between 1,468 natural persons and 4,986 [...]
Algeria adopts a very good policy by financing the development projects
Algeria is adopting a “very good” economic policy by continuing to finance the development projects despite the crisis which has shaken the global economy, indicated in Algiers the deputy director of the Middle East and Asia department of the IMF, Amor Tahari. “It is excellent that countries like Algeria are continuing to finance the development [...]
Algeria-IMF
Mr Djoudi is counting on 3.9% growth for 2009 in Algeria
The Algerian economy should achieve positive growth of 3.9% in 2009, stated, in Istanbul, the Minister of Finance, Karim Djoudi. “For 2009, we expect growth of 3.9% which would be drawn mostly by the growth excluding hydrocarbons of over 6%”, indicated Mr Djoudi to the [...]
Complementary Finance Law 2OO9
Increase in expenditure and new measures for investment and employment
The 2010 Finance Bill, adopted by the Council of Ministers, provides for an increase in budgetary expenditure and puts in place new measures mainly favoring the creation of jobs, investments and improved purchasing power through the revision of the minimum wage.
Despite the current fall in [...]
Sonelgaz exports electricity to Europe
IN THE THIRD QUARTER OF 2OO9
Sonelgaz will start to export electricity to Europe
The Sonelgaz Group has started its electricity exports to Europe as of the third quarter of 2009, announced, in Algiers, its Chairman & CEO, Nourredine Boutarfa. “
It should be recalled that in 2008 Algeria signed an agreement with Spain on the transit [...]
Volume of Exports
Exported hydrocarbons (liquid and gaseous) volume has been stable over the period 2000-2008 with an average annual growth rate of 1.0 % increasing from 124 Mtoe in 2000 to 135 Mtoe in 2008.
International Development – Pipelines
At the international level, the development of transport by pipelines is reinforced by three projects:
MEDGAS Project
With a capacity of 8 billion m3 per year linking Beni Saf (Algeria) to Almeria (Spain) in partnership between SONATRACH (36%), CEPSA (20%), IBERDROLA (20%), GDF (12%), ENDESA(12%).
Works achieved at the end 2008:
Installation of 210 km of the submarine [...]
The Algerian Economy
IN AN UPWARD TREND, THE ECONOMIC INDICATORS ARE CONTINUING TO IMPROVE
Algeria’s economy is performing well, with all of the country’s major macroeconomic indicators on an upward trend. The economy has reached an average annual growth rate of 5% in recent years, inflation has remained under control, and unemployment is steadily decreasing. The evolution of the [...]
The Country’s Overview
I/ A LAND OF DIVERSITY ENDOWED WITH NATURAL RESSOURCES AND A RICH CULTURE
HISTORY:
Algeria is known as El Djazair in Arabic and officially as the People’s Democratic Republic of Algeria. Its strategic location has attracted many invaders throughout its long and complicated history. Algeria has been inhabited by Berbers since at least 10,000 [...]