Economy
Emerging countries: The 2nd Summit will take place in April in Brasilia
BRASILIA - The big emerging countries (Brazil, Russia, India and China), whose ambition to gain influence on the world stage, will hold their second summit on April 16 in Brasilia, said Wednesday Brazilian presidency source.
The EU wants to "revive" trade talks with Algeria
ALGIERS - The European Union intends to "boost" talks with Algeria in the context of new negotiations in June on the basis of an association agreement signed in 2005, said Wednesday the head of a delegation of the Commission. ...
Toyota: many complaints about the Prius' brakes
TOKYO - Japanese automaker Toyota said Wednesday they had received "dozens of complaints" from Japan and the United States about the brakes of the Prius hybrid car the most sold in the world and the flagship product of the group. ...
Toyota President apologizes
TOKYO - Toyota President Akio Toyoda, apologized Saturday for the recall of several millions of its models due to a problem of their accelerator, in an interview on Japanese public television NHK....
scandals in Sonatrach make heads fall
Algiers- Fifteen people accused of money laundering, abuse of power, corruption and squandering of public money ...
Signing of a gas contract in Algeria for Repsol, Enel and Suez-GDF
ROME - A consortium of Italian energy group Enel, Spanish Repsol and Franco-Belgian GDF-Suez signed Sunday a contract with the state agency ALNAFT and Algerian state company Sonatrach for exploration and exploitation of a gas field. ...
CEO of Sonatrach placed under judicial supervision
Algiers- Vice-President of Sonatrach "downstream" activity Adelhafid Feghouli has been appointed to act as interim Chief Executive Officer of the National Oil Company Sonatrach, in replacement of Mohamed Meziane, Energy and Mines Minister Chakib Khelil declared Sunday in a news conference. ...
Algeria: tightening of the strike at Arcelor-Mittal Annaba
ALGIERS - The 7200 employees of the steel giant Arcelor-Mittal El Hajar near Annaba (East of Algeria) are willing to tighten their strike which began January 4 with "escalation" of their action, we learned Saturday from union sources. ...
CEO of Sonatrach charged for alleged embezzlement
ALGIERS - The CEO and several executives of the Algerian oil company Sonatrach, which provides 98% of foreign exchange earnings of the country, have resigned after being indicted Wednesday by a judge of Algiers in a case of alleged wrongdoing, according to several newspapers. ...
Arcelor-Mittal wants to negotiate a global investment
ALGIERS - The management of Arcelor-Mittal Annaba (East of Algeria) wants to negotiate with the Algerian government development plans steel complex whose 7,200 workers are on strike since Tuesday, said on Thursday a union source. ...
Algeria: end of the strike at SNVI
ALGIERS - A strike by 5,000 employees of the Algerian National Company of industrial vehicles (SNVI), launched January 4, ended Thursday after opening a dialogue with the authorities on their claims, declared the union of this company. ...
Strike at SNVI: Sidi Said will meet with workers
Algiers- Secretary General of General Union of Algerian Workers (UGTA), Abdelmadjid Sidi Said, expressed support Tuesday for a meeting Wednesday with trade union bodies....
Algeria: Arcelor-Mittal complex (East) still paralyzed by a strike
ALGIERS - The steel complex Arcelor-Mittal Annaba in eastern Algeria was still paralyzed Wednesday morning by the unlimited strike launched Tuesday by the company union protesting against the proposed closure of the coke oven said one union source. ...
Algeria: 7.200 employees of Arcelor-Mittal begin an "indefinite strike"
ALGIERS - The employees of Arcelor-Mittal Annaba in eastern Algeria, Tuesday began an "unlimited strike" to the call of their union which denounced the refusal of management to invest in renovation of the coking steel complex, told AFP his secretary general. ...
The UPM meets to appoint a Jordanian as general secretary
BRUSSELS - The representatives of the Union for the Mediterranean (UPM) met Tuesday in Brussels to agree to support the appointment of a Jordanian as General Secretary, an important step to revive the forum. ...
Aigle Azur airline opens new a agency in Setif
Paris (France)- Aigle Azur airline has just opened a new agency in the town of Setif (300-km east of Algiers), a company's communiqué announced on Monday. ...
Angola, a country back on the stage
LUANDA - Emerging from 27 years of civil war, Angola is back on stage: the country in late December hosted a summit of OPEC prepares to receive and Africa Cup of Nations (CAN -2010) football (10-31 January). ...
H1N1 influenza: France sells its vaccines
France began to sell abroad some of its stockpile of vaccines against the influenza virus H1N1 ordered surplus, said Sunday the Department of Health....
Russian oil: Russian-Ukrainian agreement on transit to Europe
KYIV - Ukraine and Russia found Monday night an agreement on the transit of Russian oil to the European Union (EU) said Tuesday Zemlianski Valentine, spokesman for the Ukrainian oil company Naftogaz....
Oil prices stable between 70 and 80 dollars in 2010
ALGIERS - The maintenance of oil prices at their current level at 70-80 dollars per barrel in 2010 depends on the improvement of the global economy, said Monday in Algiers, the Algerian Minister of Energy and Mines Chakib Khelil ....
Meeting of the tripartite
Algiers- The 13th meeting of the Tripartite held Wednesday and Thursday in Algiers and released on Thursday a statement which reads:...
Jijel: increase in fisheries production
Jijel (Algeria) - The fisheries production in the province of Jijel (359 km east of Algiers) reached 8,330 tonnes so far in 2009, local fisheries managers announced on Wednesday. ...
Oil: OPEC maintains production quotas as expected
LUANDA - OPEC decided as expected to maintain its quota of oil production at its meeting in Angola, said Tuesday the Algerian Minister of Petroleum and Mines Chakib Khelil. ...
Algeria: 45.4% decline in exports during the 11 months of 2009
ALGIERS - Algeria exported 39.5 billion dollars during the first eleven months of 2009, against 72.41 billion dollars during the same period of 2008, a decrease of 45.40%, said Monday the National Centre for Informatics and Statistics (CNIS). ...
Future Chinese aircraft: 5 billion dollars Contract for Safran
BEIJING - The original contract that the French group Safran will sign Monday in Beijing to supply engines to the Chinese C919 aircraft, future competitor of Airbus A320 and Boeing 737, is five billion dollars announced Chief Executive of Saffron, Jean-Paul Herteman....
40% of the population of Arab countries under poverty line
CAIRO - About 40% of the population in Arab countries, i.e. 140 million people live below the poverty line, according to a report by the United Nations Program for Development (UNDP) and the Arab League made public Sunday in Cairo. ...
Iraq: Iranian forces have withdrawn from the oil wells
Amara (Iraq) - Iranian forces withdrew in the night from Saturday to Sunday from the oil wells they occupied since Friday on Iraqi territory, said Sunday to AFP Chief of Security Committee and Defence of the Council of the province of Maysan....
OPEC should maintain its quota at its first meeting in Angola
LUANDA - OPEC which will meet on Tuesday for the first time in Angola should maintain the same production levels, ministers are satisfied with a barrel to $ 75 despite persistent concerns about the market’s health....
Djoudi: “I’ll unveil all those involved in the embezzlement of public funds regardless of their weight”
Algiers- Finance Minister, Karim Djoudi has promised to reveal the names of all persons involved in the embezzlement of public funds. ...
Algeria to chair the Gas Exporting Countries Forum in January 2010
Qatar- Le ministre de l'Energie et des Mines, Chakib Khelil, a été désigné, mercredi à Doha, par ses homologues du Forum des pays exportateurs de gaz (FPEG) président de la réunion des ministres de cette organisation à compter du 1er janvier 2010. ...
Qatar called on to align the prices of gas oil
DOHA - Qatar's Emir Sheikh Hamad bin Khalifa Al Thani, called on Wednesday for aligning gas prices to oil prices, while opening a meeting of "gas OPEC" in Doha....
Air Algerie purchases 11 new air crafts
Algiers- Algeria's State-owned Airline Company, Air Algeria, signed Monday two contracts with Boeing and ATR to acquire 11 new average- and long haul aircrafts. ...
OPEC to maintain production quotas
Cairo (Egypt)- Oil prices are "perfect", OPEC has no reason to change its production quotas at its meeting in Angola next December, considered in unanimity the heavy producers of OPEC who participated Saturday in a conference in Cairo. ...
New labour code: fight against parallel market and illegal foreign manpower
Algiers- Minister of Labour, Employment and Social Security Tayeb Louh affirmed Friday in Algiers that the new labour code will focus on the fight against the black market and foreign illegal manpower. ...
Revaluation of national guaranteed minimum wage on the agenda of the 13th tripartite meeting
Algiers- Proceedings of the 13th tripartite meeting between the government, the General Union of Algerian Workers (UGTA) and employers got underway Wednesday at the Djenane El-Mithak residence in Algiers, it was reported. ...
East-West Highway: Oran - Algiers Junction in late 2009
The direct connection between Oran and Algiers in East-West Highway will end in 2009, Minister of Public Works, Amar Ghoul announced Sunday Relizane. ...
Algeria/ Oil: contract of $ 150 million for Italian Bonatti
ALGIERS - The Algerian-American Sonatrach-Anadarko announced Tuesday in Algiers signed a contract of 149.7 million USD with the Italian company Bonatti for conducting gas facilities near Hassi Messaoud, the largest oil field in Algeria. ...
Algeria/ oil: decrease of revenue between January and September
ALGIERS - Algeria has achieved 31 billion of oil revenues during the first nine months of 2009, dropping by half over the same period of 2008, said Monday in Algiers, the CEO of oil company Sonatrach, Mohamed Meziane. ...
1.2 million acres of farmlands will be irrigated
Algiers- Irrigated farmlands will rise from 915,000 hectares (ha) nowadays to 1.2 million ha in the years ahead, the Minister of Water Resources said Thursday here. ...
