Finance & economy

March 4, 2015

1

Charles Rivkin: “The US is ready to help Algeria in shale gas exploitation, if need be”

US Assistant Secretary of State for Economic and Business Affairs, Charles Rivkin, has underlined during a visit to Algiers the willingness of the US to back up Algeria in its ongoing economic diversification process.


Mr Charles Rivkin, leading with the US Secretary of State assistant for Near Eastern Affairs Anne Patterson, a delegation of thirty American"...

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March 4, 2015

2

Lausanne to reunite the world’s major “Brain Initiatives”

Brain Forum 2015


The Brain Forum 2015 will bring together top scientists and entrepreneurs from the biggest “brain initiatives” of recent years. The event will run from March 29 to April 1 at the SwissTech Convention Center in Lausanne.


“The scientific exploration of the human brain is a fundamental tool for answering the challenges of the 21st century,” says Dr Walid Juffali, chairman of the W Science Initiative and founder of The Brain Forum. “Putting"......

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March 4, 2015

3

GASCO Signs Contract to Buy 100 Mercedes-Benz Trucks for Gas Transportation

The National Gas and Industrialization Company (GASCO) www.gasco.com.sa signed an agreement with Juffali Industrial Products Company (JIPCO) www.jipco.com.sa to purchase additional 100 Mercedes-Benz Trucks to expand its gas transportation fleet.

This step will contribute towards increasing the reserves of each of the company’s branches around the Kingdom of Saudi Arabia (KSA).


The agreement was signed by Dr. Eyas Al-Hajeri, CEO,"......

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March 4, 2015

4

EMAS AMC Christens Flagship and Leading-Edge Subsea Construction Vessel Lewek Constellation

  • High-end offshore construction vessel conceptualised, designed, built and completed by a Singaporean firm
  • Lewek Constellation is only one of two in her class in the world, an ice-classed, multi-lay offshore construction vessel with ultra-deep water pipe laying and heavy lift capabilities
  • Vessel currently has a backlog of projects valued at around US$500 million


EMAS AMC, the subsea division of EMAS, a leading"...

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March 3, 2015

5

Finance Minister, Mohamed Djellab: 'We'll not go down headscarves' ban in Customs Services'

Regular suit of Customs Services, whether it come to field suits or work suits, is strictly framed according to special legislative and regulatory texts, particularly in the Decree No. 81-275 of October 17, 1981, and which included the establishment of a joint permanent ministerial committee for approval on suits and characteristics for the non-military members of the National People's Army and who are bound to wear the suit, a decree that was replaced by Presidential Decree No. 11 248 of July 10, 2011 about the same subject,"...

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March 3, 2015

6

Trade Minister, Amara Benyounes: ' We are not responsible for controlling prices, bad weather behind the rise'

Rise in prices due to the recent bad weather that prevented farmers from harvesting crops, which had direct impact on the prices' rise, Trade Minister, Amara Ben Younes said.


"Prices will return to normal after the end of bad weather. Subsidized materials will not be affected by this rise, unlike other food products, which are controlled by the international market. Ministry's role is limited only to controlling the quality and"...

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March 3, 2015

7

Nouria Benghabrit: “It’s not possible to fulfill all the trade unions’ claims”

National education minister Nouria Benghabrit has affirmed that it’s not possible to respond to all the demands put forth by the Bloc's seven trade unions, stressing that the open-ended strike waged by the “Cnapeste” Union has witnessed a poor response rate, adding however, that the protracted strike’s repercussions on the morale of the helpless pupils will be "deleterious" and “big”.


With"...

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March 3, 2015

8

US willing to help Algeria diversify its economy, American official stresses

ALGIERS-US Assistant Secretary of State for Economic and Business Affairs Charles Rivkin underscored Monday the willingness of the US to support Algeria in its economic diversification process.


"I am here (in Algeria) to try to find ways to boost economic affairs between the two countries. We will also try to help the Algerian government to diversify the economy," said"...

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March 3, 2015

9

Bouchouareb calls US companies to diversify investments in Algeria

Minister of Industry and Mines Abdessalem Bouchouareb called Monday in Algiers US companies to diversify their investments in Algeria and to move towards the technological chains, reaffirming the government's commitment to further improving the business climate.


"Our ambition for the industrial development of the country is to enter global value chains while coveting"...

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March 3, 2015

10

In Salah incidents: Channels of dialogue still open

Ministry of Interior and local Authorities said Sunday, following the incidents initiated by young people opposed to the exploration of shale gas in the town of In Salah, province of Tamanrasset (1970-km south of Algiers), and which left many among the police injured and public buildings burnt down, that the channels of dialogue "are and will remain open."


The ministry,"...

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