Algeria Economy

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Articles & Analysis | EMERGENCY from The Report: Algeria 2016

 

Police 17 Fire 14 Health 115 Gendarmerie 021 67 25 02 Ambulance 021 73 56 56 GOVERNMENT MINISTRIES Office of the Prime Minister 021 73 12 00 Foreign Affairs 021 50 45 45 National Defence 021 71 15 15 Justice 021 92 16 08 Finance 021 59 51 51 Energy 021 48 85 26 Interior & Local Authorities 021 73 23 40 Water Resources 021 28 39 01 Commerce...

Articles & Analysis | ALGIERS from The Report: Algeria 2016

 

HOTEL HYDRA Boulevard Benyoucef Benkhedda Algiers 16000 T: 021 54 89 42 F: 021 54 87 02 www.hotelhydra.dz contact@hotelhydra.dz Rooms: 100 rooms including 4 suites and an apartment. Business & Conference Facilities: Conference rooms, guarded parking, laundry facilities, free high-speed internet, transfer service to the airport, car rental...

 

ETIQUETTE: Algerians are warm and welcoming, and hospitality is a dearly-held value.

 

The Algerian government, with the backing of foreign donors, has been making efforts to develop the country’s small and medium-sized enterprises (SMEs). There are around 900,000 SMEs and, in October 2015, Rabea Kherfi, secretary-general of the Ministry of Industry and Mines, told media that the failure rate of companies in the segment had...

 

While the state remains a major player in the Algerian economy, recent years have seen an impetus towards the sale of stakes in public enterprises. In the mid-2000s the government had plans to privatise a majority stake in the state-owned bank Crédit Populaire Algérie (CPA) and a minority holding in fixed-line telecoms operator Algérie Telecom...

 

With industrial production increasing, construction projects breaking ground and transport activity rising, Algeria’s economy has benefitted from stable growth in a diverse array of sectors. However, oil and gas remain the lifeblood of the economy. As a result, the fall in the international price of oil since mid-2014 is having a substantial...

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