Latest News Algeria
Construction & Infra
25/09/2020 at 18h01, by Jeune Afrique Business+
Algiers metro renationalisation not (yet) affecting RATP’s large tramway contracts
This setback for RATP, which wanted to continue operating the metro, comes at a time when the group has,...
20/05/2020 at 21h16, by Jeune Afrique Business+
Cevital plans to relaunch its automotive activities
Although the Covid-19 epidemic and anti-import measures have led to a gloomy economic situation for automotive...
Hospitality & Tourism
30/04/2020 at 18h15, by Aurélie Benoit
In Algeria, Marriott postpones the opening of two new properties
The group has had to delay the launch of hotels in the Algerian capital due to the Covid-19 pandemic....
Transport & Logistics
23/04/2020 at 19h52, by Jeune Afrique Business+
Air Algérie boosts its cargo operations and considers suspending “major” investments
The national carrier, whose business has been virtually at a standstill for several weeks, is stepping...
07/04/2020 at 18h38, by Jeune Afrique Business+
In Algeria, Volkswagen terminates its distribution contract with Sovac
The motor vehicle group is also looking for a solution to get its Relizane plant back up and running.
Consumer goods & Retail
06/03/2020 at 17h54, by Jeune Afrique Business+
Algeria: Ferhat Aît Ali Braham envisages the privatisation of the National Company for Electric & Household Appliances Industries (Entreprise nationale des industries de l’électroménager)
This project comes at a time when the new Minister of Industry and Mines is ratifying the end of customs...
21/01/2020 at 19h25, by Jeune Afrique Business+
NCA Rouiba formalises its move to come under the control of Castel (BIH): Othmani remains Chairman
Led by Slim Othmani, the “project of linking NCA Rouiba to the BIH group” provides for a capital increase...
14/01/2020 at 17h14, by Jeune Afrique Business+
Spain’s Técnicas Reunidas ousts Chinese, Italians and Koreans for a new Sonatrach refinery
After a gas project completed in early 2019, the Madrid-based company in partnership with Samsung Engineering...
06/01/2020 at 17h04, by Jeune Afrique Business+
Sonatrach backs its Italian refinery with rare external financing (APICORP)
The pan-Arab oil fund APICORP, led by Libyan Ahmed Ali Attiga, is lending $250 million to finance maintenance...
03/01/2020 at 12h00, by Aurélie Benoit
Advisory: Matouk Bassiouny law firm opens shop in Algiers
The North African law firm, which boasts more than 170 employees, recently opened an office in Algeria’s...
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