The insurance sector in Algeria has grown more than five-fold since the 1990s, but it still remains small relative to the size of the economy. The market is characterised by low penetration and density of coverage, and is dominated by non-life coverage, representing some 93% of premiums, with automotive coverage alone accounting for half the...
As Algerian authorities look to empower an underdeveloped banking sector to drive broader economic growth, Islamic banking is among the areas that appears poised for expansion. Islamic finance is currently dominated almost entirely, by Algeria’s oldest private bank, Al Baraka Bank, a subsidiary of Bahraini Al Baraka Banking Group, with Algeria...
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...
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