Top Algeria News

  • IMF cuts growth forecasts


    On 24 January 2012, the IMF cut its forecasts for global growth and warned of a deeper downturn worldwide if Europe does not take stronger action to stem its debt crisis. The global economy will now expand 3.3% y-o-y in 2012, down from 3.8% in 2011 (IMF's September forecast estimated a growth of 4.0% y-o-y in 2012), and warned that that it could drop as low as 1.3% y-o-y if Europe's problems persist. Press Release - 03Feb 11:56GMT
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  • Algeria to hold parliamentary poll by mid-May: PM


    Algeria will hold a parliamentary election in the first half of May, the first in the north African country since a wave of popular uprisings in the region, the prime minister announced on Thursday. AFP - 03Feb 07:46GMT
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  • 30 injured after Algeria funeral of suicide by fire


    At least 30 people, including police, were injured during clashes at Tiaret in Algeria after the funeral of a man who burned himself to death, the Arabic-language daily El-Khabar reported Thursday. AFP - 02Feb 14:41GMT
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  • Algeria approves new political parties


    The Algerian government is set to announce on Wednesday a new list of political parties permitted to hold their first congress, Tout sur l'Algerie reported. Magharebia.com - 02Feb 07:48GMT
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  • Algeria may open border with Morocco


    The land border between Algeria and Morocco could be opened as early as May. The news follows statements by Algerian ministers indicating warming ties between the neighbours following an official visit by Morocco's chief diplomat. Magharebia.com - 02Feb 07:47GMT
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  • Mideast carriers record 11.1% growth in demand in Dec 2


    Middle Eastern airlines recorded the strongest year-on-year growth in passenger demand for the third consecutive month in December, according to the International Air Transport Association (IATA). Khaleej Times - 02Feb 06:57GMT
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  • ME rail projects on fast track


    The Middle East and North Africa region is currently one of the world's fastest growing markets for rail networks and the development plans for the next 10 years will change the business landscape of the region. Khaleej Times - 02Feb 06:48GMT
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  • Mideast airlines' expansion slows


    Middle Eastern carriers' traffic growth and expansion slowed down last year hurt by cut-throat competition on the regional routes, according to the International Air Transport Association (Iata) figures released on Wednesday. Emirates 24|7 - 02Feb 06:26GMT
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  • Foreign observers to monitor Algeria vote


    When Algeria holds legislative elections in May, the country will for the first time permit monitoring by international observers. Magharebia.com - 01Feb 08:51GMT
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  • Algeria freezes Mali military support


    Algeria withdrew military advisors from northern Mali last week in an effort to force a political solution to the Touareg revolt. Magharebia.com - 01Feb 08:51GMT
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Zawya Select
ZawyaSelect
Bonds
The unnoticed little brother
The MENA bonds market is active, volatile and liquid. But it's still overshadowed by equity, Bassel Barbir, senior trader on the fixed income desk at MENA Invest Lebanon, tells Zawya in an interview.
 

 
Funds
Launches, AUM shrink
Fewer mutual funds were launched in the MENA region in 2011 compared to the previous year, with equity-oriented funds continuing to maintain the leadership, writes Sarah El Jamal, research analyst at Zawya.
 

 
Economy & Politics
Urgency to create jobs
Youth unemployment is rampant in Arab countries. Despite an average rise in gross domestic product of 5 per in the past decade - twice the world's average - the jobless rate among young people is 25 per cent, and this rises to 30 per cent for women, according to the World Bank.
 
 
Companies in Algeria
Select all 260 companies
Rankings
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Number
of
Employees
1 Societe Nationale de l'Electricite et du Gaz Algeria 60,000
2 Algérie Poste Algeria 28,000
3 Entreprise Nationale des Grands Travaux Pétroliers Algeria 9,500
4 Air Algérie Algeria 8,717
5 Banque Nationale d'Algérie Algeria 6,000
» View Full List
 
 
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EIU Research On Algeria Economy & Sectors
 
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