Algeria Economy

Displaying 49 - 54 of 78

 

Hydrocarbons production remains central to the Algerian economy, worth AD4.66trn (€42.87bn) in 2014, or 27% of GDP – down from 29.8% the previous year and a recent peak of 35.8% in 2011. Hydrocarbons also account for around 97% of export revenues and 58% of government income. However, the sharp fall in oil prices since mid-2014 has put...

 

After half a century of turbulence, the last 15 years has been a period of relative peace and stability for Algeria. The country was little affected by the Arab Spring of 2011 and the latest presidential election in April 2014 unfolded smoothly.

 

Algeria’s foreign policy has long been characterised by an independent streak, which has allowed the country to broaden its diplomatic ties in order to strengthen and deepen trade ties. The country has been particularly active in cultivating links with regional neighbours, and also benefits from close relations with major powers like the US...

 

Algeria is a country rich in history and situated in a strategically important region. While its past has at times been turbulent, the last decade has been one of relative peace. As result, economic growth and development has followed, driven primarily by advances in the hydrocarbons sector.

Articles & Analysis | Helpful tips for travellers from The Report: Algeria 2014

ETIQUETTE: Hospitality is a core element of Algerian culture. Foreigners are always welcomed with conviviality. Men greet each other with two kisses on the cheeks, and handshakes are usually firm and last much longer than in Western societies. Women shake hands with both men and women during business meetings but kisses on the cheek...

Articles & Analysis | Hotel Listings In Algeria from The Report: Algeria 2014

View contact details and general information for some of the leading hotels and resorts in Algeria

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