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. In recent years, Algeria has maintained an impressive degree of stability, with the government focusing on helping stave off further unrest in the...
Algeria
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Chapter | Country Profile from The Report: Algeria 2014
In many ways, Algeria finds itself in an enviable economic position, particularly when compared with its regional neighbours. It holds the fourth-largest oil reserves and the second-largest natural gas reserves in Africa. Ample hydrocarbons revenue has allowed the government to channel capital into public expenditure programmes on infrastructure, health care, education, social housing and subsidies.
Chapter | Banking & Financial Services from The Report: Algeria 2013
The banking sector is making steady progress as stability improves and economic growth continues. Banking assets grew by 8.6% in 2012 to AD9.78trn (€92.9bn), although branch access remains relatively limited, with only one bank per 28,000 inhabitants compared to one per 12,000 people in Morocco and one per 9000 in Tunisia. After years of high non-performing loan rates, the central bank is gaining...
Chapter | Telecoms & IT from The Report: Algeria 2013
With ICT expenditure reaching $4.59bn in 2012, Algeria spends considerably less than many of its neighbours, for example Morocco, which spent $13.25bn in the same year. However, the country is making efforts to help modernise and boost the sector. Internet users can expect improvements as the government has planned a major overhaul of network infrastructure. The launch of 3G should also help to...
This section includes articles about the city of Constantine and about reforms to the book industry, as well as information on hotels, government offices and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.
In conjunction with Mazars Algeria, OBG explores the taxation system, examining Algeria’s investor-friendly environment. This chapter contains a viewpoint from Samir Hadj Ali, Managing Partner, Mazars Algeria.