Finance & economy

February 19, 2017

1

Opening of the New Branch of Souq Planet in Ras Al Khaimah

The National Catering Company LLC opened a supermarket (Souq Planet) in Ras Al Khaimah, as part of the Company’s expansion strategy in several regions in the United Arab Emirates over the next few years.

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February 18, 2017

2

'Talents and Employment' Fair: 1,000 jobs to be proposed

Nearly 1,000 jobs will be proposed by 50 companies during the 16th edition of 'Talents and Employment' Fair which opened Thursday Moufdi Zakaria Culture Centre of Algiers.

The three-day event constitutes 'a space of meeting for job seekers and the different public and private companies looking for employees,' Rafik Chala, official at 'Evènement emploi', the organizer body of the Fair, told APS.

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February 18, 2017

3

It is important to remove barriers preventing implementation of Algerian-Saudi projects

The minister of Industry and Mining Abdesslam Bouchouareb said Thursday, in Algiers, that it is important to remove the barriers that might arise in front of the implementation of the projects selected between Algerian and Saudi economic operators.

The memorandums of understanding signed Wednesday between Algerian and Saudi companies must have a positive impact on bilateral economic cooperation said Bouchouareb at the 12th session of the Algerian-Saudi"...

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February 16, 2017

4

Decline in Algeria's food import prices in first 11 months of 2016

Algeria's import prices for nearly all food and agri-food products declined in the first eleven months of 2016 compared to the same period in 2015, the Ministry of Trade told APS.

For cereals, import prices fell to USD $ 306 per tonne for durum wheat (-32% compared with the same period in 2015), USD $ 193 per tonne for soft wheat (-20.6%) and to USD$186 per tonne for maize (-6.5%).

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February 16, 2017

5

One of Africa’s largest art collections is under threat

No one would store a Rodin, Monet, Picasso or Goya under a leaky roof, and yet the Johannesburg Art Gallery’s impressive art collection has had to do just that. The landmark museum has fallen victim to neglect and crime, despite the efforts of art lovers to keep the more than a century-old institution relevant in an ever-changing city.

The museum was closed temporarily this month, after heavy rain damaged the roof that has leaked since 1989."...

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February 16, 2017

6

Algerian-Saudi business council: 4 partnership projects adopted

The 10th Algerian-Saudi business council, held Tuesday in Algiers, was crowned by the adoption of four partnership projects between both countries' private businesses in the fields of medicine, tourism and exports. These partnership projects will be inked Thursday on the sidelines of the 12th Algerian-Saudi joint committee.

The first agreement focuses on the establishment of a specialized joint-venture in technical maintenance of hotel and tourist"...

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February 15, 2017

7

16th 'Talents and Employment' Fair as from Thursday in Algiers

The 16th edition of 'Talents and Employment' Fair will take place from 16 to 18 February at the Moufdi Zakaria Culture Palace in Algiers and will bring together several companies and sectors, said Tuesday the organizers.

This three-day event is a 'privileged space' for meetings between the recruiters and job seekers, where job opportunities and various professions will be proposed, thus offering a valuable opportunity for establishing contacts"...

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February 15, 2017

8

Babaammi presents in Dubai Algeria's policy for economic diversification

Minister of Finance Hadji Babaammi has presented Tuesday in Dubai, where he is taking part in the fifth World Government Summit, Algeria's strategy for the diversification of economy, the ministry said in a statement.

The policy was outlined at a restricted meeting of Arab Finance ministers, held on the sidelines of the summit, and devoted to diversification of economy in hydrocarbon exporting countries in the light of oil prices fall.

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February 15, 2017

9

Algeria, Mauritania willing to strengthen cooperation in vocational training

Minister of Vocational Training and Education Mohamed Mebarki and Mauritanian Minister of Employment, Vocational Training and Information and Communication Technologies Dia Moctar Malal expressed, Tuesday in Algiers, their 'common willingness' to strengthen cooperation in the field of vocational and technical training and education.

In a statement to the press following the discussions, the Mauritanian minister hailed Algeria for its 'continuous"...

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February 15, 2017

10

Onychek – luxurious African brands all on one site

The fashion world’s next destination for luxury goods should be Africa, according to Chekwas Okafor, the founder of onychek.com, an e-commerce site focused on ‘Made in Africa’ luxury fashion and brands.

For the 26-year-old health and safety expert turned tech entrepreneur, fashion is a family business.

Okafor said: “To a certain extent, I’ve always"...

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