Eni’s Director visits Algeria secretly

Eni’s Director visits Algeria secretly

Shale Gas: “Sonatrach masters hydraulic fracking process”, acting CEO says

Shale Gas: “Sonatrach masters hydraulic fracking process”, acting CEO says
Sonatrach masters hydraulic fracturing or fracking process which is a technique already used by the national company since the 1990s, but without having a negative impact on the environment, said the acting CEO of Sonatrach, Said Sahnoun in an interview with APS news agency....

Government declares war on private funds

Government declares war on private funds
Government started in reducing a number of special customization accounts (special funds), Finance Minister, Mohamed Djellab, said in response to the concerns of the House of Representatives, which were raised during the discussion of the draft budget law....

Over 500,000 tourists visit Algeria, revenues do not exceed $ 200 million, Bachir Messaitfa says

Over 500,000 tourists visit Algeria, revenues do not exceed $ 200 million, Bachir Messaitfa says
Government's ideas about the need to diversify the national economy today outside hydrocarbons came too late, especially after government did not give attention to calls to find the real tools to achieve economic take-off to develop tourism which revenues do not exceed $ 200 million, which is a small number...

Hike in value of the Euro and the Dollar “sizzles” the Algerians’ purchasing power

Hike in value of the Euro and the Dollar “sizzles” the Algerians’ purchasing power
Numerous wholesalers in Algeria didn’t waver to impose steep price increases on some imported consumer products and even on cosmetics and soft drinks because of the abrupt hike in the value of the Euro and Dollar and subsequently the sharp devaluation of the Algerian currency, the Dinar on the...

Implementable decree on consumer loan ready for application

Implementable decree on consumer loan ready for application
Applied rules on consumer loan that has been included in the 2015 Finance Act will determine the percentage of a given integration of each national product that is qualified for the consumer loan, rather than the adoption of a single rate, at a time the process of drafting the implementable...
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