Les services du FMI achèvent leur mission de consultations de 2021 au titre de l’article IV en Algérie
La mission recommande un ensemble complet et cohérent de politiques budgétaire monétaire et du taux de change afin de réduire les vulnérabilités de l’Algérie.
Radisson Hotel Group, one of the world’s leading hotel companies, has set a record in its North African expansion, with the signing of nine hotels, to date this year.
The U.S. Trade and Development Agency (USTDA) awarded a technical assistance grant to Algeria’s transmission system operator, Société Algérienne Gestionnaire du Réseau de Transport de l’Electricité (GRTE), to modernize its electricity grid.
A financing package from IFC will help BCI Holding SA, a regional manufacturer and distributor of polyurethane (PU) raw materials, systems and specialities to further expand its production in Algeria, Egypt, and Nigeria.
Huawei Mobile Services (HMS) inked a partnership with Mondia Pay, a digital payment provider, that is set to provide Ooredoo Algeria and Orange Tunisia users with safe and convenient payment options.
Telecom group Veon announced that it has sold its entire stake in mobile operator Djezzy to Algeria's state-owned national investment fund FNI (Fonds National d'Investissement).
Algeria’s National Hydrocarbons Company Sonatrach announced that a technical incident occurred on June 11 at the Skikda LNG Complex, leading to the shutdown of the complex.
Dans le cadre des rencontres périodiques relatives à l’examen des projets entre SONATRACH et ENI, les deux compagnies s’est réuni pour passer en revue l’avancement des travaux concernant les projets exploration et production.
IFC launched a new advisory program aimed at making it easier for startups in Algeria, Libya, Morocco and Tunisia, expand their operations across North Africa.
Global petrostates can forget trillion-dollar oil and gas tax revenues as energy transition bites, Rystad reports
The global government income from oil and gas taxation fell to a multi-year low in 2020 of around $560 billion, as production and prices shrunk. Before Covid-19, oil and gas taxes usually exceeded the trillion-dollar mark.
Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila gas field in southeast Algeria.
Sonatrach and Shell International Trading and Shipping Company Limited have signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons.
Algeria’s Sonatrach and Shell International signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons.
The first of the agreements signed aims to implement an ambitious program for the relaunch of exploration and development activities in the Berkine basin region.
Morocco suspended all flights to and from Algeria and Egypt as part of its efforts to curb the spread of COVID-19
In 2020, Algeria exported to Italy a volume of gas of 14.8 billion cubic meters, an increase of 12% compared to 2019, according to data from state owned oil company Sonatrach.
Algeria’s energy exports are plunging, threatening more financial suffering for the OPEC member and a potential repeat of the mass demonstrations that toppled the president two years ago.
Ooredoo Algeria has deployed Nokia’s cloud-native Core software to cost effectively strengthen its network performance and reliability, and to strategically position itself for the future and the launch of new services to meet customer needs.
The Sonatrach Group has signed a framework agreement in Algiers with the Algerian Institute for Standardization (IANOR), to support its various structures in the field of standardization, certification and training in this field.
Ooredoo Group and Ericsson have signed a global frame agreement for the supply of 5G radio, core and transport products and solutions, as well as related implementation and integration services.
The National Hydrocarbons Company Sonatrach and the Italian energy group Eni have signed an agreement strengthening the partnership in the Berkine basin in Algeria.
The Sonatrach Group's gas compression stations in Hassi-R'Mel (Laghouat) will come into service from the first quarter of next year, after the completion of the work which is coming to an end.
UK oilfield services provider Petrofac has announced that it is progressing with the Tinrhert Field Development Project in Algeria. The company currently has around 1,000 personnel on the Tinrhert project site, where work is progressing safely.
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.
Andersen Global hass announced it entered the Algerian market by way of a Collaboration Agreement with full-service tax firm Cabinet Hadj Ali.
The Sonatrach Group has renewed, for a period of three years, the agreement binding it to the National Agency for the Promotion and Rationalization of the Use of Energy (APRUE).
Algeria’s national hydrocarbons company, Sonatrach, signed six contracts worth approximately $521 million with its subsidiaries as well as other Algerian companies within the framework of the development of gas and oil fields in the west of the country.
Air Products, the global provider of liquefied natural gas technology and equipment,says it will be providing four of its MCR® Main Cryogenic Heat Exchangers (MCHEs) for Sonatrach's LNG facility in Algeria.
National hydrocarbons company Sonatrach has signed contracts totaling 67 billion dinars with its subsidiaries as well as other Algerian companies as part of the development of gas and oil fields in The west of the country.
Sonatrach has signed a Memorandum of Understanding with Cepsa to allow both companies to evaluate joint growth opportunities in the exploration, development and production of hydrocarbons in Algeria.
SONATRACH announced that the resumption of production at the natural gas liquefaction complex located in Skikda began, after a general shutdown to carry out periodic maintenance work.
The shareholders of the European Bank for Reconstruction and Development (EBRD) have approved an application by Algeria to become a member of the multilateral financial institution.
Rabah Arezki appointed Chief Economist and Vice President, Economic Governance and Knowledge Management, AfDB
The African Development Bank Group (AfDB) has appointed Dr. Rabah Arezki as Chief Economist and Vice President, Economic Governance and Knowledge Management, effective 1st October 2020.
Algeria’s Hydrocarbons Company SONATRACH and Italian's ENI signed several cooperation agreements in the gas sector and a memorandum of understanding on the possibilities of investment in the exploration and production of hydrocarbons.
Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG).
FAO welcomed the decision by the Global Environment Facility Council to allocate a substantial $176 million to 24 of its projects that tackle the critical intersection between agriculture and environmental concerns.
Neptune Energy, an oil and gas exploration firm announced Mehdi Bouguetaia will be joining the company to take on the role of Algeria Managing Director, based in Algiers.
BP, a multinational oil and gas company announced that Hesham Mekawi, Regional President, North Africa, has decided to retire.
SONATRACH signed with ExxonMobil a Memorandum of Understanding (MoU) to initiate joint discussions on potential exploration and development opportunities in Algeria.
Unions for urban transport workers in Algeria, Morocco and Tunisia have joined forces at a workshop in Tunis to discuss how to working together under the Our Public Transport programme.
IFC, a member of the World Bank Group, is launching its MENA Women Banking Champions program in Maghreb to help expand access to finance and boost financial inclusion for women entrepreneurs in Morocco, Tunisia, and Algeria.
Eni has successfully completed the construction of the gas pipeline connecting Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) fields in the Berkine Basin, in the south-eastern part of Algeria.
The United Nations World Food Programme (WFP) has welcomed a contribution of €500,000 from the Government of Italy to provide life-saving assistance for Western Saharan refugees in Algeria.
The Irish Department of Agriculture, Food and the Marine (DAFM) has expanded market access for Irish livestock exports to Algeria.
[Algeria] Arab Petroleum Investments Corporation provides $250m loan facility to Sonatrach Petroleum
The Arab Petroleum Investments Corporation has agreed to two loan facilities worth a combined USD 250 million with Sonatrach Petroleum Investment Corporation, the Algerian state-owned national oil company.
Maher Maghraby, head of the Project of African Farms Egypt has announced that the country has started to establish three fish farms and an animal farm in four African countries.
Total has announced the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.
UPS has announced the addition of three new countries served by UPS Worldwide Express, and broadened its reach across 76 cities in the Indian Subcontinent, Middle East, and Africa
SITA has been selected to provide key systems to support the smooth opening and operation of Algeria’s new international terminal at Houari Boumediene International Airport.
Assistant Secretary of State for Educational and Cultural Affairs Marie Royce and Algerian Minister of Culture Meriem Merdaci will sign a landmark bilateral Memorandum of Understanding on cultural property protection.
The Government of Germany has contributed €1 million to cover for the basic food needs of Sahrawi refugees that the United Nations World Food Programme (WFP) is assisting in Algeria.
The CEO of Eni, Claudio Descalzi, and Slim Feriani, Tunisian Minister of Industry, signed a new agreement for transporting Algerian natural gas through Tunisia.
ADES International, a leading oil & gas drilling and production services provider in the MENA region has been awarded a new two-year contract in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria.
The 2019 African Space Industry Annual Report explains that the industry has already reached over USD 7 billion of annual revenues and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024.
Eni and Sonatrach have signed agreements to renew the gas supply contract to import Algerian gas into Italy until 2027.
Total announces that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa for a consideration of $ 8.8 billion.
Hyatt Hotels Corporation has opened the first Hyatt hotel in Algeria, Hyatt Regency Algiers Airport.
A new study conducted by Frost & Sullivan shows that the desalination market in Africa has recovered from the global economic downturn in 2015-2017.
Marriott International has announced the opening of Four Points by Sheraton Setif in Algeria in partnership with Prombati SPA owned by Mr. Rachid Khenfri.
Oilfield service multinational Weatherford International PLC has completed the sale of four contracted drilling rigs in Algeria.
Growth in hardcopy peripherals shipments across META highlights continued potential for print, IDC study
The overall META hardcopy peripherals market posted robust year-on-year growth in both units and value in 2018, according to the latest insights from IDC.
The government of Algeria has decided to invest $262 billion through its five year plan of 2015-2019 to diversify the oil dependent economy and improve the nation's infrastructure.
The Chairman and General Director of Algerian state company Sonatrach, Abdelmoumen Ould Kaddour, and the CEO of Eni, Claudio Descalzi, have inaugurated a 10 MW solar plant in Bir Rebaa North in Algeria.
Air Products global industrial gas company, and Sonatrach, the largest state-owned oil and gas company in Africa, have signed two gas production and delivery agreements.
The ECA Office for North Africa has launched the first Report on SDG implementation in Maghreb countries.
Sonatrach, Eni and Total have today signed two agreements during the Algeria Future Energy Summit in Algiers, which include an exclusive partnership for offshore exploration in Algeria.
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017.
Distributed Power business has announced that U.K.-based Clarke Energy has been selected to supply four of GE’s J320 Jenbacher gas engines for a trigeneration plant that will provide the mosque with reliable, efficient and lower-carbon power, heating and cooling.
Chancellor Merkel is headed for Algeria to find ways to boost trade with the Mediterranean nation. But the complicated issue of migration will loom over her talks as Berlin looks for ways to stem irregular migration.
World Bank Vice President for the Middle East and North Africa, Ferid Belhaj is in Algeria from September 5 to 6, 2018.
Sonatrach is in talks with oil majors and trading firms to start a trading joint venture after the Algerian state energy company reached a deal this year to buy its first overseas refinery, its chief executive said.
The Chairman and General Director of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, signed an agreement that represents a further step towards the strengthening of their partnership in the Berkine basin.
A subsidiary of Weatherford International plc has signed a definitive agreement with ADES International Holding Ltd. for the sale of Weatherford's land drilling rig operations in Algeria.
Algeria’s largest oil company Sonatrach has picked technologies from Honeywell UOP to expand the Skikda Refinery on the eastern Mediterranean coast of Algeria.
The top ten economies by Gross Domestic Product in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
The Chairman of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the CEO of Eni, Claudio Descalzi, have signed a series of agreements aimed at strengthening the integration between the two companies.
Morocco ranks top investment destination in Africa for 2017, followed by Egypt, Algeria, Botswana, Cote d’Ivoire - Quantum research
Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.
Australia financial service provider eServGlobal has secured a new three-year contract with existing customer, Ooredoo Algeria.
Algeria’s state-run energy producer Sonatrach has signed an agreement with the oil-trading Vitol Group to ship crude to Italy to be processed and sent back as refined products.
The World Bank published Tuesday Algeria’s economic growth forecasts for 2018 and 2019, a rebound that will be supported by the government’s new budgetary measures.
Repsol has started production from the Reggane Nord gas fields in Algeria, marking the completion of one of the company’s most significant projects in Africa.
The Algerian Space Agency has launched a telecoms satellite into space in cooperation with China. This follows the successful launch of Alcomsat-1 by China Great Wall Industry Corporation aboard a Long March 3B rocket.
The Chairman and General Director of Sonatrach Abdelmoumen Ould Kaddour and the Chief Executive Officer of Eni Claudio Descalzi have signed in Aa Memorandum of Understanding for the development of a partnership in the renewables sector in Algiers.
In Algeria, Univers Détergents company has entrusted Helio Pur Technologies to realize treatment solution for their industrial wastewater.
Jean-Christophe Quémard, Executive Vice President, Africa-Middle East of Groupe PSA, has co-signed an agreement in Algiers with the Algerian project partners to create an Oran-based manufacturing company to build cars for the Algerian market.
KBR awarded engineering and project management services contract for Sonatrach, Statoil and BP joint project in Algeria
KBR, Inc. has been awarded an engineering and project management services contract by JVGAS – a joint venture of Sonatrach, Statoil and BP.
Gemalto, the world leader in digital security, has announced that its advanced epassport technologies are now being used in over 30 different countries including Morocco and Algeria.
Federal-Mogul Motorparts, a division of Federal-Mogul, has strengthened its strategic partnership with regional distributor Rolman World to advance its premium automotive parts in the Middle Eastern market.
Algeria National Office of Statistics said that the country’s industrial production increased by 0.8% in 2016 quarter four from 0.6% the same quarter a year ago. Statistics showed that the average rate of 1.3% for 2016 is slightly lower than the average 2015 rate of 1.8%.
The mobile payments company Fortumo has announced that it has expanded its carrier billing services to 3 new African markets. More than 79 million mobile phone owners in Algeria, Ghana and Tanzania can now make payments for digital services.
Africa Legal Network has announced the admission of three new members as part of their strategy to expand into francophone Africa. The new members are based in Algeria, Guinea and Morocco.
International oil and gas development and production company Petroceltic has confirmed its commitment to supporting the Algerian energy sector through the development of its world class Ain Tsila project.
[Algeria] NXP delivers electronic driver licenses and vehicle registration smart cards to tame fraud
NXP Semiconductors N.V has announced that its partner HB Technologies, the leader in Algeria for secure solutions based on smartcard designs, chose NXP’s SmartMX2 microcontroller for the country’s new secure electronic driver license and vehicle registration smartcards.
Sonatrach, Algeria’s state energy company, and Total, have signed a comprehensive agreement strengthening the existing partnership between the two companies.
Avaya and Icosnet have announced a strategic partnership to jointly provide Unified Communications (UC) technologies from a cloud platform in Algeria.
The national hydrocarbon company SONATRACH will invest more than $50 billion from 2017 to 2021 in exploration projects and production, the vice president of the oil group for exploration and production activity, Salah Meknouche. Has said.
Algeria signs $43 million deal with European Union to develop renewable energy and modernize public finance
At the high level EU-Algeria Association Council taking place in Brussels, the EU and Algeria signed a €40 million package to support Algeria diversify its economy and improve business climate through measures ranging from the development of renewable energy to modernisation of public finances.
The Housing Bank, one of the most respected banks in the Middle East, and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys have announced the selection of the Finacle suite of solutions to power the bank's operations in Algeria.
Bakhouche Alleche has been appointed as interim Director General of national airline Air Algerie, in replacement of Mohamed Abdou Bouderbala who will take up other duties.