The Algiers Smart City initiative, established to advance multiple aspects of the tech industry, such as technology transfer, talent mobilisation and cross-sector synergies, demonstrates the benefit of approaching development from a less conventional perspective. Players in IT and other contingent sectors are increasingly aware of the opportunities created by adopting an approach to progress...
Economy
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Chapter | Algiers Smart City from The Report: Algeria 2018
As Africa’s most important gas exporter, Algeria remains highly dependent on the...
Chapter | Country Profile from The Report: Algeria 2018
Since achieving independence in 1962, Algeria has pursued an activist foreign policy, pushing interests of developing countries through the Non-Aligned Movement, as well as in groups like the G-77. Algeria holds close trading links with its Mediterranean neighbours to the north, and is an important source of EU natural gas imports, particularly to France, Spain and Italy. The country has...
Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.
What more can APEC do to promote the development of micro-, small and medium-sized enterprises (MSMEs) in the region?
Economic update | Oman: Year in Review 2018
15 Jan 2019
Higher energy prices and strong increases in gas output helped return Oman’s economy to growth in 2018, with expansion forecast to accelerate in the coming year.