City Algeria Financial News

26.08 / 09:27
European Union Football Macron announces France-Algeria historians commission to study 'painful' colonial past
Emmanuel Macron has said he wants to open "a new page" in bilateral ties with Algeria, on the first day of his visit to the country which is designed to relaunch relations following longstanding tensions with France's former colony.
15.09 / 17:46
Election President show reports Courts peace Algerian court certifies Tebboune's landslide reelection win
Algeria's constitutional court has certified President Abdelmadjid Tebboune’s landslide victory in last weekend’s election after re-tabulating vote counts that he and his two opponents had called into question
29.02 / 13:55
Provident security FLEX country Algeria is in the spotlight as leaders of gas producing countries convene for summit
Algeria will flex its muscle as a critical supplier for European countries seeking to lessen dependence on Russian gas as it welcomes leaders from other energy rich nations to a summit in Algiers this week
27.02 / 14:03
Provident Waters security Food pandemic reports India to bar rice exporters from UN World Food Programme tenders
NEW DELHI : India will not grant permission to domestic rice exporters to participate in United Nations World Food Program (WFP) tenders, a senior official told Mint, a move that risks stoking global food security concerns. This is the first time New Delhi has taken such a measure, which is yet to be announced publicly.
21.02 / 04:13
BLOCK Reuters Action security War reports Israel-Hamas War: US vetoes United Nations resolution on Gaza ceasefire for third time
ceasefire in Gaza amid the Israel-Hamas conflict, Reuters reported. The resolution, put forward by Algeria, sought an immediate humanitarian ceasefire, while the US has pressed for a temporary ceasefire tied to the release of hostages held by Hamas.
18.02 / 05:19
UPS Action security War UN likely to vote Tuesday on Gaza ceasefire, US signals veto
United Nations Security Council is likely to vote on Tuesday on an Algerian push for the 15-member body to demand an immediate humanitarian ceasefire in the Israel-Hamas war, said diplomats, a move the United States signaled it would veto. Algeria put forward an initial draft resolution more than two weeks ago. But U.S. Ambassador to the U.N. Linda Thomas-Greenfield quickly said the text could jeopardize «sensitive negotiations» aimed at brokering a pause in the war.
16.02 / 14:31
markets UPS economy Food country medicines Algeria's black market for foreign currency underlines its economic woes
In Algeria, people have long relied on foreign currencies to buy imported items in short supply or finance their children's educations abroad
10.01 / 07:02
Booking Aware Racing awards President stage country L&T’s Algeria project derailed after BRICS ‘snub’
NEW DELHI : A failed bid by Algeria to join the Brics grouping has impacted a $1.5 billion oil and gas project between the country’s state-run Sonatrach and Indian conglomerate Larsen & Toubro Ltd, three people aware of the development said. Despite the engineering multinational in a favourable position to bag the contract, the award did not go through and the tender was cancelled.
14.11 / 15:57
Fighting economy Coronavirus pandemic President country medicines Algerian president names a new prime minister ahead of elections next year
Algerian President Abdelmadjid Tebboune has dismissed the prime minister and replaced him with the head of his cabinet ahead of national elections next year and at a time when economic anxieties are running high
19.09 / 14:07
UPS Lowe's MET Continental country The Unexpected New Winners in the Global Energy War
BIR REBAA, Algeria—Once-obscure corners of the energy world, from offshore Congo to Azerbaijan, are booming as Europe finds new sources of natural gas to replace the Russian supplies that once powered the continent. The shift is redrawing the world’s energy map at a rapid clip. In Bir Rebaa, deep in the Sahara, the Italian energy company Eni and Algeria’s state-owned energy company are drilling dozens of wells, producing gas from previously untapped fields in a matter of months.
03.09 / 20:31
Citi FIVE Reuters Man Waters shootings country Algeria says it fired warnings at jet skiers who strayed into its sea from Morocco
CAIRO (Reuters) — Algeria's defence ministry said on Sunday its coastguard fired warning shots before firing directly at a man on a jet ski who entered Algerian waters, in an incident that a survivor said left two dead.
25.08 / 08:59
Climate change Drought France-Algeria: Emmanuel Macron seeks to repair damaged ties during three-day visit
Emmanuel Macron will begin a three-day official visit to Algeria on Thursday, aimed at turning the page on years of disputes and tension between the host country and France.
09.06 / 14:17
LGBT Climate change European Union Algeria suspends friendship treaty with Spain over Western Sahara
The Algerian president’s office announced on Wednesday that the North African nation was “immediately” suspending a two-decade-old friendship treaty with Spain.
28.04 / 18:33
Technology Bitcoin Threat Spain seeks to calm Algeria after threat to cut natural gas supplies
Spain has assured Algeria that it will not send its imported supplies of natural gas to Morocco or "a third destination".
21.03 / 12:45
Kyiv Anniversary Spain angers Algeria after it sides with Morocco over Western Sahara
Algeria has recalled its ambassador to Spain after Madrid changed a 42-year-old policy towards its former colony Western Sahara.
28.10 / 07:55
Art Spain presses Algeria to guarantee natural gas supply
For the second time in a month, a Spanish minister met with Algerian officials on Wednesday to guarantee the European country’s supply of natural gas after Algeria closes a pipeline that runs through Morocco this weekend.

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