Algeria Economy

Displaying 61 - 66 of 78

Algeria has notable geographic, demographic and cultural diversity. Its territory reaches from the Mediterranean Coast to the depths of the Sahara Desert, and its population includes a blend of Arab and Berber linguistic and cultural traditions. Economic development has been driven by oil and gas, which today still account for 30% of GDP, 60% of budget revenue and 97% of...

After decades of non-alignment during the Cold War, the development of Algeria’s foreign relations has taken on a decidedly liberal economic character. The country is expanding its links with foreign partners in an effort to develop a diversified, knowledge-based economy and has also redoubled efforts to advance its bid to join the World Trade Organisation (WTO)....

Following years of public debate on the book industry’s need for a stronger regulatory framework, the government has announced far-reaching reforms affecting the importation and distribution of books across Algeria. The Council of Ministers passed a law in September 2013, mandating stronger state support for the owners of bookstores as well as a...

Home to almost 450,000 people, Constantine is Algeria’s third-largest city after Algiers and Oran, and is known as the city of suspended bridges. It was selected in 2012 by the Arab League Educational, Cultural and Scientific Organisation (ALECSO) to be the Arab Capital of Culture in 2015. The city, once known as Cirta, the capital of the...

One aspect of Algeria’s push to diversify national revenue sources away from the hydrocarbons sector is to strengthen activity in regional markets outside of cities like Algiers or Oran, to foster job creation in outlying wilayas (provinces) and cultivate secondary and tertiary industries throughout. While in many cases the initiatives...

The $286bn that Algeria has set aside for infrastructure development under the current five-year development plan, which runs through 2015, has already had a sizable impact not only in terms of network capacity, but also on operational efficiency nationwide. New highways have been built, new tramways have begun operations, travel times are...

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