Government

July 10, 2019

1

Nigeria Successfully Defends Rights in Dispute Against Switzerland

Nigeria won an important victory before the International Tribunal for the Law of the Sea (ITLOS), in a decision handed down on July 6, 2019, in a case brought against the African state by Switzerland.

The Tribunal’s Order on Provisional Measures, in The M/T “San Padre Pio” Case (Switzerland v. Nigeria), upheld Nigeria’s right to arrest and detain a Swiss-flagged oil tanker, its crew, and cargo, for having violated Nigeria’s"...

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July 3, 2019

2

UAE approves sectors eligible for 100% foreign ownership

The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the sectors and economic activities eligible for up to 100 percent foreign ownership.

The decision aims to support the growth environment and to reaffirm UAE’s position on the global arena as a hub for investment, state news agency WAM reported on Tuesday.

A"...

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June 30, 2019

3

Algeria’s generals fail to see turmoil’s toll on economy

The international trade fair of Algiers has, for decades, been one of the most important dates on the country’s economic calendar. The rise or fall of the number of domestic and international companies present offers a good barometer of the state of the economy. The sharp decline in the number of foreign and national companies this year, let alone a sharp drop in the number of visitors, bore witness to the growing economic cost of General Ahmed Gaid Salah’s refusal to countenance a credible transition towards"...

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June 22, 2019

4

Tidjelabine’s weekly market for used vehicles’ closure: Governor reacts!

Algeria – “The weekly market of used vehicles of Tidjelabine in the wilaya of Boumerdès (45 km east of Algiers) will be closed from Saturday, June 22 …”

This is what reported, in recent 48h, several news websites, referring to a statement of the Municipal People’s Assembly of Tidjelabine. An announcement that spared concerns among the citizens, pushing the Governor of Boumerdes province to react yesterday Thursday,"...

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June 18, 2019

5

Former Finance Minister Karim Djoudi placed under court supervision

ALGIERS- The investigating judge at the Supreme Court ordered, Sunday, that former finance minister Karim Djoudi be placed under court supervision after being questioned as part of an investigation into corruption cases, the Supreme Court said.

Karim Djoudi appeared, this Sunday, before the investigating judge at the Supreme Court to be heard on cases related to the squandering of public money, abuse of power and granting undue privileges.

...

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June 15, 2019

6

Algeria: 5 000 billion to rehabilitate roads of Haddad, Ghoul

Algeria – The government has decided, at the last interministerial meeting, to release an envelope of 50 billion dinars (5 000 billion centimes) for the rehabilitation of roads across the national territory, said a reliable source.

This large envelope will be unblocked over a period of three years to rehabilitate the various roads, especially the East-West highway. The latter, recently built, has deteriorated sharply.

In"...

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