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Algeria News | Global Arab Network
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Energy
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OPEC will be taking a big risk if it does not make a further adjustment to oil supply, a newspaper quoted Algerian Energy and Mines Minister Chakib Khelil as saying on Sunday.
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Economics
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''Algeria has enjoyed several years of strong economic performance, but continues to face important challenges. Non-hydrocarbon growth has been solid, inflation low, and the fiscal and external positions strong, thanks to high hydrocarbon prices'' IMF Executive Board said.
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Finance
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Banque Albaraka D’Algerie, a subsidiary banking unit of Albaraka Banking Group B.S.C. (ABG), announced that it succeeded in achieving a big jump in its net profits and operating assets during 2008. Net profits increased by 106%, net operating income by 70%, assets
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Algeria Politics
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The European Commission is prepared to raise a number of human rights issues with the Algerian authorities under its Association Agreement with the country, European Commissioner for External Relations and Neighbourhood Policy Benita Ferrero-Waldner has said.
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Algeria Politics
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The EU Presidency has congratulated Algerian President Abdelaziz Bouteflika on his re-election. A statement said Algeria was “an important and reliable political and economic partner of the European Union in the region of Mediterranean.
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Qatar Politics
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Second Summit of Arab-South American countries concluded activities in Doha Tuesday. The Summit issued a final statement dubbed "Doha Declaration."
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Entertainment
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Stevie Wonder and Kylie Minogue will be among the stars performing at the Mawazine (Rhythms) music festival in Rabat from May 15 to 23, the organisers said Tuesday.
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Related news from Syria
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The EU has put forward a set of ambitious proposals for this year's annual meeting of the General Fisheries Commission for the Mediterranean (GFCM) in Tunis from 23 to 27 March 2009.
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Finance
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May 2009 is an important month for leaders of international & regional financial institutions as they mark their calendars to attend the 5th Annual World Islamic Funds & Capital Markets Conference (WIFCMC 2009), the most crucial meeting in the event's 5 years history,
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Related news from Saudi
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Assets under management of sovereign wealth funds (SWFs) increased 18% in 2008 to reach $3.9 trillion according to IFSL’s report Sovereign Wealth Funds 2009.
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