Top Algeria News

Iran-Algeria ties are based on culture: Ahmadinejad

Iran and Algeria's relations are based on cultural ties, President Mahmud Ahmadinejad said at a meeting with Algerian Culture Minister Khalida Toumi. Tehran Times - 08May 05:10GMT
Canadian group gets gold prospecting rights in Algeria

The Canadian company Mines Cancor (INC) has obtained rights to prospect for gold at a site in southern Algeria, the Algerian national mining authority ANPM said. AFP - 05May 05:43GMT
Numphyd wins Tunisia double

Tunisia has handed two exploration permits to the Algerian-Tunisian joint venture Numphyd, the energy ministry said. Upstream - 01May 06:41GMT
Opec Chief Warns Oil Could Hit $200 A Barrel

Opec's president warned oil prices could hit $200 a barrel and there would be little the cartel could do to help. Financial Times - 29Apr 04:27GMT
One Third of UAE Employees Not Satisfied At Work

Recent research, commissioned by the Middle East's number one job site - Bayt.com alongside research specialists YouGovSiraj, reveals employee satisfaction in the UAE is comparably low in the region, with only 27% of workers being highly satisfied with their work. Press Release - 28Apr 11:54GMT
Numhyd buys stake in Algeria play

Algerian state energy group Sonatrach signed has a deal to sell Algerian-Tunisian joint venture Numhyd a 25% stake in Algeria's Hamra perimeter at blocKs 220a and 220b, Sonatrach said. Upstream - 28Apr 06:52GMT
Hilton Hotels Set To Double MEA Portfolio By 2012

Hilton Hotels Corporation was the fastest growing international hotel company in 2007, with over 32,000 rooms opened. It has more than 900 hotels and 120,000 rooms in its development pipeline globally, a 16 per cent increase on the previous year. Press Release - 27Apr 09:46GMT
US Senators Threaten To Block Opec Arms Deals

A threat by U.S. Senators Thursday to block arms deals with several members of the Organization of Petroleum Exporting Countries unless they increase oil production is sure to exacerbate diplomatic relations with the group. Dow Jones Newswires - 25Apr 11:48GMT
Hyflux Gets $468M Contract To Build Desalination Plant

Hyflux Ltd said Tuesday that it got a $468 million contract from Algeria Energy Co. to build a sea water desalination plant. Dow Jones Newswires - 22Apr 10:39GMT
Sonatrach to launch tender for oil, gas exploration blocks

Algerian energy company Sonatrach will in the coming weeks launch a tender for bids for 15 oil and gas exploration blocks, the group's chief executive Mohamed Meziane said. AFP - 22Apr 05:33GMT

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Stories in Algeria

Companies in Algeria

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Economy & Politics
Hunger Pangs
There is a worrying food crisis hanging over the Middle East and north Africa, the region most dependent on imports of food staples.

Oil & Gas
Algeria To Double Capacity
Algeria is looking to almost double its refining capacity over the next five years to meet local oil demand, which is rising by more than 5% annually, and boost product exports.

Financial Services
Where are the exits?
Where are the exits in the regional Private Equity (PE) market and why are IPOs not happening? Utpal Bhattacharya speaks to industry experts to find out where the region's PE industry is headed.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Number of Employees
1	Sonatrach	Algeria	120,000
2	Ministère des Finances - Algérie	Algeria	57,000
3	Société de Gestion des Participations Chimie et Pharmacie	Algeria	28,500
4	Sonelgaz	Algeria	28,346
5	Algérie Poste	Algeria	27,000
» View Full List

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