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Taboun says: “Decision not to import Apples from France is final”

“The decision not to import Apples from France is final, and it is not going to be changed”, Abdel Madjid Taboun, Minister of Housing and Urban Planning told Ennahar TV on Monday.
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German Deputy Minister of Economy in Algeria to co-chair the 6th session of Algerian-German Joint Committee

German Deputy Minister of Economy and Energy, Uwe Karl Beckmeyer, said to the press, when he has arrived at international airport of Algiers, that “Algeria is a very important partner for Germany in the Mediterranean, and we also consider it a very strong partner, and that is why we have a great interest in making relations between both countries fruitful," Radio Algerie reported on Monday. ...
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Algeria: Trade deficit shrinks by 68%, January 2017

Trade deficit of Algeria has totaled $ 585 million, during January 2017, compared to a deficit estimated at 82.1 billion dollars in January 2016; a decrease by 68 percent, Radio Algerie reported on Monday, citing Algerian customs. ...
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Amimer Energy group inks to construct 2 power stations in Mali

Algerian private group Amimer Energie has inked, on Monday in Algiers, an agreement with Malian company “Energie” of Mali (EDM) for realization of two power plants of 40 MW in Mali for an amount of 70 million dollars, APS reported. ...
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Ouali holds discussions with Malian Minister of Energy and Water

Minister of Water Resources and Environment, Abdelkader Ouali, held discussions, on Sunday, in Algiers, with the Malian Minister of Energy and Water, Malick Alosseini, APS reported....
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Egypt: MESC plans to expand in North Africa

A recent joint venture between Al-Mousa Cables in Egypt and MESC occurred during The 2017 Egypt Petroleum Show (EGYPS) Conference concluded its events on 16 January, aiming to strengthen the position of the latter in North Africa. According to this joint venture, Al-Mousa became MESC’s agent and distributor. ...
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Middle East to invest $294b in oil and gas projects

Although the drop in oil prices since 2014, oil producers in Middle East and North Africa (Mena) region, have been continuing to spend heavily on oil, gas and petrochemicals production’s capacity, Times of Oman website reported on Sunday. ...
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Estrosi wants Algeria to import 20 000 tonnes of French apples

Christian Estrosi, president of PACA region (Provence-Alpes-Côte-d'Azur), have dangerously provoked Saturday in Algeria, calling on French authorities to "oblige" Algeria to import Alps’ apple, Ennahar TV reported on Sunday. ...
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Algerian business leaders in the United States in March

About thirty Algerian business leaders will conduct an eight-day tour in the United States in March to develop partnership and investment relations with the US business community, organizers told APS on Saturday. ...
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WFP Algeria 2017: Algeria needs USD 6.5 million as food to Sahrawi refugees

World Food Program (WFP) has released a report on Algeria, which requires USD 6.5 million in order to ensure food distribution to vulnerable Sahrawi refugees from January to June 2017. ...
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Opel workers "open" to a possible takeover by Peugeot

Unions and employee representatives of German carmaker “Opel” said, Friday, have shown their readiness to take a "constructive" role in negotiations, regarding a possible takeover by French carmaker PSA Peugeot Citroen, AFP reported on Friday. ...
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Tebboune stresses to push reform of Arab Economic and Social Council in Cairo

Minister of Housing, Urban Planning and City, interim Minister of Trade, Abdelmadjid Tebboune, highlighted, on Thursday in Cairo, the need to boost reform and the development of the Arab Economic and Social Council as well as establish the Arab Free Trade Area, APS reported....
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Sellal: creation of subsidiary of Sonatrach in London motivated by encouraging profit margins

Prime Minister Abdelmalek Sellal said, Thursday in Algiers, that the creation in 1989 of subsidiary of Sonatrach in London for marketing of gas to European countries was motivated by interesting profit margins and deficit in terms of supply and import capabilities, Radio Algerie reported on Thursday. ...
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Partnership agreement between Sonatrach, SABIC to be inked next week

Sonatrach group and Saudi company SABIC have reached a partnership agreement in petro-chemistry sector, Minister of Industry and Mining Abdessalem Bouchouareb announced Thursday, in Algiers, APS reported. ...
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"Talents and Employment" Fair to provide 1,000 jobs

Nearly 1,000 jobs will be provided by 50 companies during the 16th edition of "Talents and Employment" Fair, kicked off Thursday at Moufdi Zakaria Culture Centre of Algiers, APS reported....
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Sellal receives Saudi Minister of Trade and Investment

Saudi trade and investment minister, Madjed Abdullah Al Qassabi, has been received, Thursday in Algiers, by Prime Minister Abdelmalek Sellal, APS said, citing a statement from Prime Minister's office. ...
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Oil prices increase, while OPEC basket price decreases

OPEC price basket of thirteen crudes has reached $53.10 bpd, on Feb.15, compared with $53.31 a day before, Trend website reported on Thursday, citing cartel. ...
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World Bank: Algeria among renewable energy key players

Algeria has been classified among the renewable energy champions, according to a new report of the World Bank, published Wednesday in Washington, APS reported....
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Sonatrach, SABIC agree on 3 petrochemistry projects to be sealed soon

A memorandum of understanding (MoU) between Sonatrach group and Saudi company "SABIC" on the implementation of partnership projects in petrochemistry would been sealed soon, said Saudi Minister of Commerce and Investment, Majid bin Abdullah Al-Gassabi, on Wednesday after a meeting with Energy Minister Noureddine Bouterfa, APS reported....
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Algeria- KSA: opening of a maritime line for the transport of Algerian hajjis and shipping

Minister of Public Works and Transport, Boudjemaa Talai, held, on Wednesday in Algiers, talks with Saudi Minister of Commerce and Investment, Majid bin Abdullah Al-Gassabi, in which they announced the launch of the shipping line for the transport of goods between Algeria and Saudi Arabia, APS reported....
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Nouri seeks to boost cooperation with WTO

The minister of National Planning, Tourism and Craft Industry Abdelwahab Nouri, highlighted, on, Wednesday, the need to enhance cooperation between Algeria and the World Tourism Organization (WTO) for its prominent role in terms of training, APS eported....
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Brent prices down to 55.75 bpd

Brent prices have known a decrease in international markets, on Wednesday, affected by the increase of US crude stocks, according to Ennahar online....
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Algeria- Saudi Arabia: 8 MoUs and economic agreements inked

Eight memoranda of understanding and economic partnership agreements have been inked, Wednesday in Algiers, APS reported on Wednesday. ...
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Algeria launches tenders to purchase durum wheat and feed barley

European traders said on Tuesday that the Algerian Professional Grain Office put two international tenders for purchasing 50 000 tons of durum wheat, and the same quantity of Feed Barley, Elbashayer Online reported. ...
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Algeria and Saudi Arabia to adopt 4 partnership projects

The 10th Algerian-Saudi Business Council took place on Tuesday in Algiers, APS reported. ...
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Algeria: Boutarfa examines energy cooperation with Indonesian, Portuguese ambassadors

Business and investment opportunities in the field of renewable energies have been examined, Tuesday in Algiers, by Algerian Minister of Energy, Nouerddine Bouterfa, with Indonesian Ambassador, Safira Machrusah, and Portuguese Ambassador Carlos Oliveira, APS said, citing the statement of Ministry. ...
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Algeria-Spain: 2 projects under Debt Reconversion Program signed

Two financial conventions have been inked, Tuesday in Algiers, between Spanish Ministry of Finance and financial institutions for modernization of information system and financial markets, Huffpostmaghreb website reported on Tuesday....
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Angola displaces Nigeria and becomes Africa’s top oil producer

Angola has displaced Nigeria and became Africa’s top oil producer, according to a report by Organization of Petroleum-Exporting Countries (OPEC), Africa news reported on Tuesday....
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Algeria imports 25,059 tonnes of UK wheat

Algeria has been considered among the largest customers regarding the import of UK wheat that reached 25,059 tonnes, December 2016; UK’s total export quantity reached 93.425 tonnes, Reuters reported on Tuesday....
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Brazilian sugar exports to Algeria reach USD 136.2 million by 2017

Algeria’s imports of sugar and ore estimated at USD 136.2 million by end of 2016, according to data from the Ministry of Industry, Foreign Trade and Services compiled by the Arab Brazilian Chamber of Commerce. ...
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Boudjema Talaï: Tramway projects, already launched, to be completed

Tramway projects that are currently underway will not be frozen, according to Boudjema Talai, Minister of Transport and Public Works. "The projects already launched will be completed. It’s about projects and extensions not launched (which are concerned with the freeze), TSA reported. ...
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Toshiba Chairman resigns after huge losses

Japanese multinational agglomerate Chairman, has quit after the company’s lateness to publish financial results further to a warning over losses, Independent reported. ...
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Algiers' new air terminal to be operational July 2018

The minister of Public Works and Transport, Boudejmaa Talai, said, during an inspection visit to the construction site, accompanied by the director general of Algiers International Airport, Tahar Allache, and the representatives of the companies involved in the project, that the railway linking Algiers’ new air terminal with Bab Ezzouar to be operational in July 2018, whereas the metro extension from El Harrach to the airport will be in early 2020, APS reported....
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Four-day exhibition of water and environment kicked off

The 13th International Exhibition of Equipment, Technologies and Services of Water and Environment (SIEE Pollutec) kicked off Monday at the Exhibition Centre, in Algiers, APS reported. ...
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Saudi Arabia makes large oil cut to boost OPEC deal

In a bid to support prices, Saudi Arabia has made a large oil cut in January, helping boost compliance with the OPEC’s supply-reduction deal to a record high of more than 90 % , according to Reuters. ...
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AfDB to finance Trans-Sahara Optic Fibre Backbone Project

The African Development Bank (AfDB) will finance the Trans-Sahara Optic Fibre Backbone Project (DST) that will interconnect Algeria, Nigeria and Chad, APS recorded citing AfDB's Representative to Algeria, Boubacar Sidiki Traore....
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Edible oils: increase in import bill, 2016

The import bill for edible oils (crude soybean oils, sunflower, safflower ...) increased to $ 579.4 million in 2016 from $ 521 million in 2015, Customs told APS. ...
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Oil slips as U.S. drilling gains counter OPEC production cuts

Oil fell in New York, snapping a three-day gain on signs that OPEC’s production cuts will stimulate a recovery in U.S. crude production, Bloomberg reported on Monday. ...
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Babaammi participates in World Government Summit, Arab Fiscal Forum in Dubai

Minister of Finances, Hadji Babaammi, partook, on Sunday in Dubai, the United Arab Emirates, in the 5th World Government Summit, as well as in the opening session of the 2nd Arab Fiscal Forum, APS reported citing the ministry’s statement....
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Algeria, "good example" in budgetary efficiency (IMF)

Managing Director of the International Monetary Fund (IMF) Christine Lagarde stressed Saturday in Dubai that Algeria was "a good example" in budgetary policy management through the 2017 budget law, APS reported on Sunday. ...
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