Vivvo CMS 4.0 http://www.echoroukonline.com/eng/ ©2007 Spoonlabs d.o.o. http://www.echoroukonline.com/eng/files.php?file= http://www.echoroukonline.com/eng/ http://www.echoroukonline.com/eng/business/4466.html Business Sun, 04 Jan 2009 22:00:00 +0100 Algerian Minister of Tourism and Environment, Cherif Rahmani, announced Saturday the achievement 90 hotels with 8.000 beds, including 12 five-star hotels will be completed under the new plan for future tourism in Algeria by 2025. http://www.echoroukonline.com/eng/business/4460.html Business Sat, 03 Jan 2009 22:00:00 +0100 Some 60 percent of Algerian business is done in the black market which counts 1.5 million illegal sellers, secretary general of traders and craftsmen’ s union said. http://www.echoroukonline.com/eng/business/4455.html Business Sat, 03 Jan 2009 22:00:00 +0100 Algeria’s trade surplus with Tunisia, Morocco, Mauritania and Libya reached $445.23 million in the first eight months of 2008 compared to $ 249.45 million in the same period last year, Algeria News Agency (APS) reported Saturday citing the Algerian Agency for Exports Promotion (ALGEX). http://www.echoroukonline.com/eng/business/4451.html Business Fri, 02 Jan 2009 22:00:00 +0100 The turnover of the real estate market in Algeria fell by 60 percent in the past few months while home buying and selling market entered recession, according to a real-estate professional. http://www.echoroukonline.com/eng/business/4433.html Business Tue, 30 Dec 2008 22:00:00 +0100 Algeria’s 2009 budget provides a set of measures as part of the fight against tax fraud, investment encouraging and tax system simplification. http://www.echoroukonline.com/eng/business/4422.html Business Mon, 29 Dec 2008 22:00:00 +0100 Cevital has submitted five industrial projects at the National Agency for the Development of Investment. http://www.echoroukonline.com/eng/business/4385.html Business Wed, 24 Dec 2008 22:00:00 +0100 The saudi real estate group Snasco announced a $ 400 million investment plan to develop the Oran Coast path west of Algeria. The project comprises touristic and commercial facilities as well as residential units http://www.echoroukonline.com/eng/business/4380.html Business Wed, 24 Dec 2008 00:03:00 +0100 Gas exporting countries meeting in Moscow agreed on a Qatar based forum. It is designed to coordinating gas policy according to the member states. http://www.echoroukonline.com/eng/business/4374.html Business Mon, 22 Dec 2008 22:00:00 +0100 Algeria recorded a 4, 3% inflation rate for 11 months of 2008, says the national office of statistics ONS in a report published Monday. Inflation was expected at experts at 4, 2%. http://www.echoroukonline.com/eng/business/4370.html Business Mon, 22 Dec 2008 22:00:00 +0100 Toyota, the world's second-biggest carmaker said Monday it will know its first operating loss since the 1930’s due to a global slump in car sales and a surge in the yen. http://www.echoroukonline.com/eng/business/4366.html Business Sun, 21 Dec 2008 22:00:00 +0100 Algerian trade minister Hachemi Djaaboub said Sunday 40 tons of rotten cheese of French brand were discovered in the province of Blida (70 km west of Algiers). http://www.echoroukonline.com/eng/business/4363.html Business Sun, 21 Dec 2008 18:53:00 +0100 Algeria will be able to finance government projects for more than 2 years despite the world economic crisis as well as oil price slump, said Sunday the governor of the central Bank in the North African country Mohamed Leksasi. http://www.echoroukonline.com/eng/business/4345.html Business Fri, 19 Dec 2008 22:00:00 +0100 OPEC President Chakib Khelil said Friday the group will continue cutting production until prices get stable while the price of New York oil dropped under 34 dollars per barrel. http://www.echoroukonline.com/eng/business/4338.html Business Wed, 17 Dec 2008 17:59:00 +0100 OPEC President Chakib Khelil said Wednesday the group decided a record cut in oil output of 2.2 million barrels a day starting from January. http://www.echoroukonline.com/eng/business/4331.html Business Tue, 16 Dec 2008 18:33:00 +0100 Saudi Arabia’s Oil Minister Ali al- Naimi said Tuesday the Organization of the Petroleum Exporting Countries (OPEC) will cut production by about 2 million barrels a day. http://www.echoroukonline.com/eng/business/4318.html Business Sun, 14 Dec 2008 22:00:00 +0100 The Organization of the Petroleum Exporting Countries (OPEC) is likely to decide an important output cut when it holds an extraordinary meeting on December 17 in Oran (west of Algeria). http://www.echoroukonline.com/eng/business/4312.html Business Sat, 13 Dec 2008 22:00:00 +0100 Algeria’s government projects will not be affected by the financial crisis, Finance Minister said Saturday. http://www.echoroukonline.com/eng/business/4310.html Business Sat, 13 Dec 2008 15:16:00 +0100 Eni, Eon Rhurghaz, BG and Gaz Prom won rights to serach ofr oil and natural gas in Algeria. Djilali Takhrist president of the licensing commission announced today in a ceremony the winning companies in the first bidding round organized under the new hydrocarbon law adopted in Algeria. http://www.echoroukonline.com/eng/business/4278.html Business Fri, 05 Dec 2008 22:59:00 +0100 Desperate U.S. automakers ran into fresh obstacles from skeptical lawmakers as they appealed with rising urgency -- and a new dose of humility -- for a $34 billion bailout. http://www.echoroukonline.com/eng/business/4277.html Business Fri, 05 Dec 2008 22:00:00 +0100 The world’s largest economies are falling victim of recession as over 530,000 American jobs were lost in November, the worst monthly figure in 34 years. In Europe, Canada’s economy lost 70,600 jobs in the same month marking the biggest cut since June 1982. Germany's central bank predicts the country’s economy will fall by up four percent next year. http://www.echoroukonline.com/eng/business/4276.html Business Fri, 05 Dec 2008 19:47:00 +0100 Oil prices slumped to record prices since 2005. In London Brent crude was traded Monday at $40 per barrel. US job losses are thought to drive crude oil further down in the next period as financial recession is crawling in most world economies. http://www.echoroukonline.com/eng/business/4267.html Business Wed, 03 Dec 2008 22:00:00 +0100 Car sales in Algeria dropped by 40 to 60 percent in June-November 2008, the first ever fall in cars sale activity since 2002, according to figures from the Algeria Automobile Dealers' Association. http://www.echoroukonline.com/eng/business/4266.html Business Wed, 03 Dec 2008 19:29:00 +0100 Egyptian finance minister Youssouf Boutros, who is regarded as the chief promoter of economic liberalism in Egypt, has succeeded in turning the Cairo stock exchange as the most modern and most reliable financial institution in the Middle East over the past few years. http://www.echoroukonline.com/eng/business/4250.html Business Mon, 01 Dec 2008 20:56:00 +0100 European finance ministers discussed during a Monday encounter ways of enforcing an emergency economic rejuvenation plan aimed at fending off the looming recession in the Eurozone. http://www.echoroukonline.com/eng/business/4236.html Business Sat, 29 Nov 2008 22:00:00 +0100 Algeria and Belgium launched 13 development projects as part of a cooperation agreement signed in 2002, said Saturday the representative of Belgian technical cooperation agency. http://www.echoroukonline.com/eng/business/4232.html Business Sat, 29 Nov 2008 22:00:00 +0100 Investments achieved in Algeria’s mines sector by local and foreign companies reached USD51.43 million in 2007, Algeria News Agency (APS) reported Saturday citing a statement from Algerian Energy Ministry. http://www.echoroukonline.com/eng/business/4228.html Business Sat, 29 Nov 2008 16:54:00 +0100 Opec secretary general Abdallah El Badri said the organization will keep production and wait until December to take a decision. http://www.echoroukonline.com/eng/business/4211.html Business Wed, 26 Nov 2008 22:00:00 +0100 General Department of Finance Inspection in Algeria has opened investigations on the running of local government's funds. http://www.echoroukonline.com/eng/business/4192.html Business Mon, 24 Nov 2008 22:00:00 +0100 French ambassador to Algeria Monday said his country’s investments in Algeria rose up three times in 2008 while Algerian operators describe French direct investment flow as “insufficient.” http://www.echoroukonline.com/eng/business/4184.html Business Sun, 23 Nov 2008 22:00:00 +0100 The bilateral committee of Algerian-Japanese enterprises is expected to hold its sixth session Monday in Algiers to improve bilateral economic relations in sectors out of hydrocarbons, Algeria News Agency (APS) reported. http://www.echoroukonline.com/eng/business/4178.html Business Sat, 22 Nov 2008 22:00:00 +0100 Gazprom will not supply gas to Ukraine without contracts and hopes the debt problem will be settled until the New Year, the Russian company's spokesman Sergei Kupriyanov said on Saturday. http://www.echoroukonline.com/eng/business/4154.html Business Wed, 19 Nov 2008 22:00:00 +0100 Algeria’s energy company Sonelgaz Wednesday said it awarded a 211 million euros contract to Algerian-Turkish group Cosider-Kanaghaz-Enac and Turkey’s Erciyas to build a part of an east-west gas pipeline. http://www.echoroukonline.com/eng/business/4152.html Business Wed, 19 Nov 2008 18:57:00 +0100 Trade and industry ministers from the world's poorest nations are meeting today in Cambodia for a United Nations-backed gathering aimed at helping those countries better integrate their economies into the global trading system. http://www.echoroukonline.com/eng/business/4146.html Business Tue, 18 Nov 2008 22:00:00 +0100 Algeria’s trade surplus reached $39.77 billion in the first 10 months of 2008 compared to $ 26.07 billion in the same period last year, Algeria News Agency (APS) reported Tuesday citing the Customs National Center for information and Statistics. http://www.echoroukonline.com/eng/business/4141.html Business Tue, 18 Nov 2008 22:00:00 +0100 Algeria's national airline Air Algerie will launch 14 weekly flights to China along with 14 similar flights offered by China’s airline company, Chief Executive Officer said. http://www.echoroukonline.com/eng/business/4132.html Business Mon, 17 Nov 2008 22:00:00 +0100 Algeria’s energy group Sonatrach Monday said it signed a deal with Italy’s Bonatti Monday for the extension of a power plant in Adrar, south of Algeria. http://www.echoroukonline.com/eng/business/4130.html Business Mon, 17 Nov 2008 22:00:00 +0100 Algeria and Argentina Monday signed three cooperation agreements including one on peaceful use of nuclear energy. http://www.echoroukonline.com/eng/business/4123.html Business Sun, 16 Nov 2008 22:00:00 +0100 Algeria’s oil company Sonatrach will not review its investment following the financial crisis, CEO said. http://www.echoroukonline.com/eng/business/4121.html Business Sun, 16 Nov 2008 18:37:00 +0100 Algeria is negotiating a strategic contract with the European Union in the energy sector, said the Algerian energy and mines Chakib Khelil. http://www.echoroukonline.com/eng/business/4120.html Business Sun, 16 Nov 2008 22:00:00 +0100 Opec member countries are more likely to announce an output cut in Oran, Algeria emergency meeting than in next Cairo gathering, the president of the organization said. 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