Algeria’s capital markets offer considerable potential in light of the size of the country’s economy but have historically been fairly shallow. Few corporate stocks and bonds have traded on the market since it opened in 1998, and the last initial public offering (IPO) was in 2013. Trading has been comparatively light in recent years as...
COMPANY OVERVIEW: The Entreprise de Gestion Hôtelière El Aurassi (EGH El Aurassi) is a hotel management company that includes four hotels within its current portfolio. These include the five-star Hôtel El Aurassi in Algiers and three accommodations in southern Algeria: Hôtel Rym in Beni Abbès; Hôtel...
COMPANY OVERVIEW: NCA Rouiba was established in 1966 and first started operations in the production of canned food. Twenty years later the company also began producing fruit-based beverages, and in 2004 it moved into ultra-high-temperature milk. The following year saw NCA Rouiba open its capital to...
COMPANY OVERVIEW: SAIDAL was first created in 1982 after the restructuring of the Central Pharmacy of Algeria, when the company acquired existing factories in El Harrach, Dar El Beïda and Gué de Constantine. Later, in 1988, SAIDAL was further allocated an antibiotic complex designed by the National...
Cash has long reigned supreme in the Algerian marketplace. While businesses in the formal sector make use of cheques and bank transfers, most Algerians exclusively use cash for their day-to-day spending and household purchases – a status quo the government aims to change through a series of initiatives. “Algeria is working hard to reduce the...
COMPANY OVERVIEW: Alliance Assurances is a joint-stock company with an initial capital of AD500m (€4.6m). It was created in December 2004 by a group of national investors, and in 2007 it launched “Algeria Touring Assistance” in partnership with the Touring Club of Algeria.
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