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Sonatrach banks on $50bn export receipts in 2010

ALGIERS- National Hydrocarbon Company Sonatrach banks on export receipts worth $50 billion during 2010, the company’s Interim CEO Abdelhafid Feghouli said Wednesday.
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Tourist trade 2009 indicators

TUNIS, Feb 1, 2010 (TAP)- Tunisia's tourist trade sector has undergone like other chief tourist destinations worldwide the effects of the international economic and financial crisis while keeping its full capacity for recovery in 2010 with adherence of 150 hotels to the upgrading program (31% of the overall host capacity)....
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President Bouteflika: State firmly determined to protect national economy

ALGIERS- President of the Republic Abdelaziz Bouteflika on Tuesday underlined the State's determination to "protect the national economy from parasitic practices and fraud....
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Sonatrach: No contract has been cancelled

ALGIERS- Sonatrach interim CEO Abdelhafid Feghouli declared Sunday in Algiers that no contract of Sonatrach has been cancelled after the preliminary investigation related to the oil group deals procurements....
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Upcoming renovation of 11 landing strips and construction of 7 others

SIDI BEL-ABBES (Algeria)- Minister of Transport Amar Tou announced Thursday the upcoming launch of the rehabilitation program of 11 landing strips and the creation of seven others in different regions of country....
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Tax on new cars: Over DZD 22 billion collected in 2009

ALGIERS- The amount of the tax on new cars collected in 2009 reached 22....
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International Gas Industry Association meeting in Oran postponed

ORAN (Algeria)- The meeting of the International Gas Industry Association, scheduled for next 3-4 March in Oran (431 km west of Algiers), has been postponed, Energy and Mining Minister Chakib Khelil announced on Monday....
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IHS Global Insight expects favourable economic prospects for Algeria

ALGIERS- IHS Global Insight, a US consulting firm specializing in investment risk assessment, predicts positive economic prospects for Algeria in the medium and long terms....
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Sonelgaz, Boumerdes University to design electricity metering system

ALGIERS- The Electricity and Gas Research and Development Centre (CREDEG), a subsidiary of national electricity and gas company Sonelgaz, and the M'hamed Bouguerra University of Boumerdes (UMBB) on Sunday in Algiers have inked an agreement to design a national electricity metering system....
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Legal advertising: Toward coercive measures against offenders

ALGIERS- Coercive measures will be taken against the firms which do not lodge their social accounts within the deadlines set, Trade Minister El Hachemi Djaaboub announced Thursday in Algiers....
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Activity rises in textile and leather industry in Q3 2009

ALGIERS- The activity in the textile and leather industry recorded an increase in the third quarter 2009 with a hike in manufactured products' demand, despite a drop in selling prices, according to a survey conducted by National Office of Statistics (ONS) among employers....
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Tunisian and Algerian businessmen meet

LE KEF, Feb 4, 2010 (TAP)- Tunisian and Algerian businessmen Wednesday met here. The meeting is held annually to commemorate the 52nd anniversary of Sakiet Sidi Youssef events....
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Four national ports to be equipped with end-to-end transport logistics in 2010

ALGIERS- Ports of Algiers, Bejaia, Skikda and Ghazaouet (Tlemcen) will be equipped in 2010 with four "end-to-end" transport logistics, the company of ports management (Sgp - Sogeports)announced Sunday to APS....
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Industrial activity drops in Q3 2009

ALGIERS- Industrial public and private activity in Algeria has recorded a drop in the third quarter of 2009 compared with the preceding four years, according to a survey conducted among industrial employers by the National Office of Statistics (ONS)....
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Investment chart in the Mediterranean

Tunis, Feb 1, 2010 (TAP)- The chart of investments in the Mediterranean, a sector-based guide of public policies for investments in the Mediterranean was published in January 2010 by the "ANIMA Investment Network."...
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Tunisian-Algerian businessmen forum: Tribute to Head of States effort for vitalisation of AMU structures

CARTHAGE, Feb. 3, 2010 (TAP) - Participants in the Tunisian-Algerian businessmen forum on "Building and Public Works Sector," held on Wednesday in El Kef, paid tribute to the noble efforts exerted by President Zine el Abidine Ben Ali aimed to vitalise structures and institutions of the Arab Maghreb Union (AMU), to setting up a free-trade zone and materialising all Maghreb conventions....
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FSIE eyes membership of 35,000 workers late 2010

ALGIERS – General Manager of the Funds of Supporting of Investment for Employment (FSIE) Mohammed Tessa said Tuesday here that his institution eyes "to reach 35,000 members among workers in the Funds at the end of 2010....
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New measures to encourage promotional housing

ALGIERS- New measures to encourage the supported promotional housing units, including social participative (LSP) and rent-purchase housing units, are currently examined, announced Thursday here Minister of Housing and Town Planning Nourredine Moussa....
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Madrid's Fitur, an opportunity to further promote Algerian tourism

MADRID (Spain)- The 30th International Tourism Trade Fair (Fitur) of Madrid (20-24 January) is a very important opportunity for the promotion of Algeria as tourist destination in Spain and all over the world, said Thursday in Madrid National Tourism Office's General Manager Mohamed Benelhadj....
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