Category: North Africa

The government will begin, through the new growth economic model, a transition marked by an adaptation of the public and sectoral policies and a revitalization of the economic governance, said the final communiqué of the tripartite meeting, held Sunday in Algiers. “The government will begin a transition in which there will be an adaptation of…

Egyptian Ambassador to Namibia Mahmoud Fawzy Abou Dounya has reiterated the long history of brotherhood and cooperation the two countries share, which dates back to the period of anti-colonial resistance. Swapo, as a liberation movement, had its fighters trained in Egypt and after Namibia’s independence in 1990 Egypt continued to support the country in capacity…

The government will begin, through the new growth economic model, a transition marked by an adaptation of the public and sectoral policies and a revitalization of the economic governance, said the final communiqué of the tripartite meeting, held Sunday in Algiers. “The government will begin a transition in which there will be an adaptation of…

Egypt’s government received about 4.7 million tonnes of wheat from local farmers since the beginning of the harvest season in mid-April, the agriculture ministry said on Saturday. Citing the Agriculture Minister Essam Fayed, state-run MENA reported that the supply operations are still ongoing, adding that there is no accumulation of supply in wheat reserve centers.…

Egyptian defense minister Sedki Subhi received on Thursday the French aircraft carrier, Mistral, which is set for use by Egyptian maritime forces. The French defense minister, Jean-Yves Le Drian, took part in a military ceremony along with Egyptian naval forces leader Osama Rabie in Toulouse to celebrate the delivery of the aircraft carrier. The carrier…

Foreign Minister Margot Wallstrom of Sweden expressed Thursday in Algiers her country’s wish to further step up commercial and economic cooperation with Algeria. “We wish to further boost our commercial and economic cooperation with Algeria, mainly through investment promotion in the two countries,” Wallstrom said in a meeting with Minister of State, Minister of Foreign…

Egypt’s International Cooperation Minister Sahar Nasr said on Wednesday that the Egyptian government has received $500 million, the first batch of a $2.5 billion grant. The agreement on the grant was reached during King Salman’s visit to Cairo in April with the aim of strengthening Egypt’s economy, the cabinet announced on Thursday. The grant agreement,…

New dry port opened Tuesday in Haouch El Bey, Rouiba, in the province of Algiers, to contribute to easing congestion in the port of Algiers, including the traffic of container-carrying trucks. The dry port is part of the national plan for the creation of logistic areas, validated by the State Holdings Council, and which includes…

Egyptian investors have shown interest of investing into the country after being attracted with lucrative opportunities and government reforms that have significantly improved the business climate. Export Processing Zones Authority (EPZA) Manager for Investment Opportunities, Ms Grace Lemunge, told the ‘Daily News’ here yesterday that they were in discussion with some potential investors who took part…

Palestinian Agriculture minister Sofiane Sultane expressed Monday in Tipasa stressed that he is proud of “genuine development” achieved by the Agriculture sector in Algeria. In a statement to the press on the sidelines of his visit to a private pilot farm for dairy cattle breeding in Sidi Rached (Tipasa), the Palestinian minister stated that “he…