ALGIERS-Micro-credits worth more than DZD 1000 billon have been granted by public banks to micro-enterprises since the setting up of employment support mechanisms until September 2017, announced Tuesday Minister of Labour, Employment and Social Security Mourad Zemali.
ALGIERS-The digging works of a railway tunnel under the ring road linking Dair el Beida to Ben Aknoun will be soon launched at the slip road of the airport of Algiers, announced Tuesday the Public Works and Transport Ministry in a communiqué.
ALGIERS- About 234,000 housing units of different formula were delivered in January-November 2017, said Minister of Housing, Urban Planning and the City Abdelwahid Temmar.
ALGIERS- Performance contracts of 17 subsidiaries coming under the Hotel management, Tourism and Water Cures Group (HTT), aimed at making tourism a sustainable vector for the development of national economy were signed Monday, in Algiers, on the occasion of a ceremony chaired by the CEO of this Group Lazhar Bounafaa.
ALGIERS- Algeria’s open economy rate, which provides information on the degree of dependence of the national market on foreign countries, is higher than 60% said Monday, in Algiers, the minister of Trade, Mohamed Benmerradi.
ALGIERS-Minister of Tourism and Craft Industry Hacene Mermouri on Monday said that nearly 160,000 tourists including 10,000 foreign visited southern regions since the beginning of the Saharan tourism season 2017 in September.
ALGIERS-Much progress in terms of financial digitization is expected in 2018 as part of the modernization of the financial systems of public banks and the implementation of the measures introduced by the Finance Act, said Monday Finance Minister Abderrahmane Raouya.
ALGIERS- Algeria's foreign trade deficit has significantly declined in 2017 as a result of a recovery in oil prices and its positive impact on crude exports, but without an important drop in imports despite the extension of the quantitative quotas and the establishment of banking measures.
ALGIERS- Algeria's trade deficit dropped to USD10.7 billion in the first eleven months of 2017 against with USD15.58 billion over the same period in 2016, down by USD4.9 billion (31.3%), the Algerian Customs told APS.
ALGIERS- Two new projects of seawater desalination plants in Zeralda (Algiers) and El Tarf are under consideration, said Sunday in Algiers Energy Minister Mustapha Guitouni.