The Entreprise de Gestion Hôtelière El Aurassi (EGH El Aurassi) is a hotel management firm, with its headquarters in the capital city of Algiers. The Hôtel El Aurassi is the flagship hotel of the firm and one of four hotels in the EGH El Aurassi portfolio. The other three hotels in the management company’s portfolio include Hôtel Rym in Beni...
Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy. Hydrocarbons represent 31% of GDP and more than 60% of government revenue. They have also made Algeria a top exporter of...
The largest economy in the Maghreb, Algeria is also the region’s wealthiest country in terms of purchasing power parity-adjusted per capita. Hydrocarbons are the mainstay of economic activity; however, amid slowing production and exports, as well as the sharp drop in oil prices since mid-2014, the government is taking a range of measures to...
In 2011 the government launched the National Development Plan for Renewable Energies (Plan National de Développement des Energies Renouvelables, PNDER), a massive programme to develop renewable energies. The initiative entails plans for the addition of 22 GW to the national grid by 2030, entirely generated through renewable energies. “This...
In spite of the fact that Algeria has some of the largest oil and gas reserves in Africa, is among the continent’s top-five producers in oil and is the single biggest gas producer, the age of its upstream facilities is beginning to show, with maturing production levels. Output for both oil and gas has slowed steadily over the past decade,...
Alliance Assurances was established in December 2004 by a consortium of Algerian investors with an initial capital of AD500m (€4.1m). However, Alliance Assurances only started effective operations in 2006. In 2007 revenue increased by 178% compared to the previous year. The sharp rise in revenue was due to the launch of a commercial...
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