This Algeria Economic Update reports on the main recent economic developments and policies. It places them in a global and longer-term context and assesses the implications of these developments and policy changes for Algeria’s economic prospects. The report is intended for a broad audience, including policymakers, business leaders, financial market …
Algiers — Algeria banks on a drop in renewable energy production costs, through the manufacturing of solar panels and other devices that can be produced locally in the implementation of its new programme for the development of this type of energy, Minister of Energy Youcef Yousfi said Thursday. In reply …
A magnitude 5.5 earthquake struck 9 miles (14 km) southeast of the Algerian capital Algiers on Friday, the United States Geological Survey said. The quake's epicenter was recorded at a relatively shallow depth of 6.2 miles.
A 66-year-old man died from Middle East Respiratory Syndrome, the first deadly case of the virus in Algeria, the Health Ministry said in a statement. The man died late Monday at a hospital in western Algeria where he had been receiving treatment since the confirmation of his infection late last …
Algeria's parliament on Monday endorsed amendments to the country's hydrocarbons law, for the first time offering incentives to foreign companies wishing to invest in unconventional resources. Aimed at making the sector more attractive to foreigners, the amendments also cancelled a windfall tax on foreign firms and replaced it by a …
‘DG Shipping guidelines for granting licence to LNG vessels should be kept in abeyance' Keeping in mind the continued shortfall in domestic gas production and the mounting demand for gas, an inter-Ministerial Committee has pitched for flexibility in transportation of LNG and keeping in abeyance the guidelines of Director-General (Shipping) …
Huge reserves of underground water in some of the driest parts of Africa could provide a buffer against the effects of climate change for years to come, scientists said on Friday. Researchers from the British Geological Survey and University College London have for the first time mapped the aquifers, or …
The UAE has the potential to invest up to $76 billion in projects to develop its hydrocarbon sector over the next five years to become the second largest Arab energy investor after Saudi Arabia, overtaking Iran, a news report has said. Official estimates showed energy capital investments in the Middle …
North-east Algeria benefits from a Mediterranean and semi-arid climate. The surface water resource is a factor restricting the economic development of the country. Within the framework of the National Water Plan, we studied the quantity of water that can be mobilized on several dozens of dam sites. A first hypothesis …
An Australian documentary that premiered at the Sydney Film Festival in July has ignited a controversy with its claims on slavery in the refugee camps of western Sahara. The protagonist has denounced the film for portraying her as a slave. The 80-minute film, by Sydney-based Violeta Ayala and Dan Fallshaw, …
A 400 billion euro ($774 billion) plan to power Europe with Sahara sunlight is gaining momentum, even as critics see high risks in a large corporate project using young technology in north African countries with weak rule of law. Desertec, as the initiative is called, would be the world's most …
Africa is taking the lead in creating its own biotechnology agenda, according to researchers based at South Africa's Durban University of Technology and the University of Kwazulu-Natal. They say that sugar-farming countries such as Ghana, Kenya, Malawi, South Africa and Zimbabwe are exploring large-scale production of bioethanol, while the use …
Projects to capture industrial emissions and store them in the earth's crust could cut CO2 pollution by up to 40 percent, according to officials from oil major Shell. Carbon capture and storage (CCS) -- gathering CO2 emissions at their source and pumping them underground -- faces steep cost hurdles, but …
The seventh session of the Committee for the Review of the Implementation of the Convention (CRIC 7) was held in Istanbul, Turkey back to back with the First Special Session of the Committee on Science and Technology (CST), from 3 to 14 November 2008, at the invitation of the Government …
Hundreds of troops, engineers and social workers have converged on the desert town of Ghardaia to help with relief operations after a flash flood there killed 33, Algeria's Interior Ministry said Friday. Torrential rains caused rivers in this usually arid region bordering the Sahara to overflow on Wednesday and Thursday, …
Floods have killed at least 29 people in the Algerian oasis town of Ghardaia in the Sahara, the government of the north African country said on Thursday. An interior ministry statement added that 48 people had been injured and one person had gone missing since heavy rains began on Tuesday …
Opec president Chakib Khelil warned on Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News. "The price of oil will rise again in the coming weeks. We have to follow the evolution of the dollar, because a 1% fall in …
SUNITA DUBEY On May 13, individuals and groups from from Kazakhstan, the Czech Republic, South Africa, Romania and the us gathered at Luxembourg for ArcelorMittal
Even in the most alternative-friendly future imaginable, coal is unlikely to go away. It is cheap, abundant and often local. So what can be done to make coal
The construction of three plants in Africa and China, including Africa's largest seawater desalination plant in Algeria, have been the latest ventures of GE Water and Process Technology. Technologies like SWRO, EDR and UF are used in these projects for the treatment of seawater and brackish water.
