Economy News

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Portugal and Spain to Build 100,000 Homes in Algeria

Portugal and Spain will build 100,000 homes in Algeria through the creation of joint ventures with local partners. This is how the government hopes to boost housing. Algeria has commissioned […]

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Housing: A New Strategy Is Taking Shape in Algeria

By Riyad Hamadi The Government’s new housing strategy is taking shape. After a massive social housing construction work done mainly by Chinese companies,Algeriais aiming at the diversification of its partnerships […]

Algeria’s Foreign Trade According to Major User Groups Period : July (2011/2012)

Milion dinars/dolars Imports July 2011 July 2012* Evolution (%) Dinars Dollars Structure (%) Dinars Dollars Structure (%) Foodstuff 60139 834 20,17 58171 721 18,58 -13,55 Energy & Lubricants 8 081 […]

Trans-Sahara Gas Pipeline (TSGP)

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, […]

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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 […]

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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 […]

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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 […]

Finance-Law

Complementary Finance Law 2009

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 […]

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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 […]