Finance & economy

September 1, 2014

1

Algeria's annual inflation rate stuck at 1.5% in July

Algeria's annual inflation rate stabilized at 1.5% in July, the same rate as in June, according to the National Office of Statistics (ONS).


The prices of foodstuffs dropped by 0.8% compared to the previous month, which recorded a 3.6 percent increase.


"This trend results from the 1.9 percent decrease in the fresh agricultural products," explained the ONS.


The"......

Continue Reading >

September 1, 2014

2

Next tripartite to discuss implementation measures for repeal of article 87a

The next tripartite meeting (Government-Central Union-employers), scheduled for Septemebr, will discuss the implementation measures for the repeal of the Article 87a of the Labour Code, said Sunday in Algiers the head of the General Confederation of Algerian Companies (CGEA), Habib Yousfi.


Speaking at a conference on the economic dimensions of the repeal of the article"...

Continue Reading >

September 1, 2014

3

GSMA Calls for Re-Evaluation and Reduction of Mobile-Specific Taxation across Sub-Saharan Africa

The GSMA today called upon governments in Sub-Saharan Africa (SSA) to review their approach to the increasing tax burden imposed on the mobile industry. The GSMA released two studies that explore various aspects of mobile-specific taxation in Africa and show that this burden is stifling economic growth in those countries that have introduced mobile-specific taxation. The first report, ‘Surtax on International Incoming Traffic (SIIT) in Africa’, examines the impact of SIIT in Sub-Saharan Africa and concludes that"...

Continue Reading >

September 1, 2014

4

A.M. Best Special Report: Jordan Market Remains Profitable Despite Regulatory, Economic Hurdles

Jordan’s insurance market continues to grow amid challenges from unprofitable mandatory motor business, declining capital adequacy and regulatory uncertainty, along with regional unrest on its borders, according to a new Best’s Special Report.


The report, titled, “Jordan Market Remains Profitable Despite Regulatory, Economic Hurdles,” states that"...

Continue Reading >

September 1, 2014

5

Wipro Planning to Expand Presence in Oman

Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company, today announced that it plans to expand its workforce in Muscat to meet increasing business requirements.


Wipro Gulf LLC, the entity established in 2011 in Oman to serve local clients, has been growing rapidly over the last 3 years, delivering critical projects"...

Continue Reading >

September 1, 2014

6

Hellofood Middle East Expands its Service to Hotels

hellofood, the world’s leading food delivery marketplace, is expanding its services to hotels within the Middle East. No longer limited to personal use, hotels are joining the growing number of hellofood users and are offering their guests the easy, fast, and reliable service that hellofood guarantees.


hellofood’s expansion into the hotel sector has been"...

Continue Reading >

September 1, 2014

7

Renewables Academy AG (RENAC) Expands Online Through New E-Learning Platform

Since its foundation in 2008, the Renewables Academy (RENAC)’s objective is to make knowledge on renewable energy and energy efficiency available for participants in any location and time zone. Therefore, after having provided trainings and capacity building services in more than 130 countries, RENAC is launching the Renewables Academy Online (RENAC"...

Continue Reading >

September 1, 2014

8

Real Madrid Café, a Hit with Fans and Foodies

Real Madrid Café’s debut in Dubai has been a smashing success, with football fans and food lovers trooping to the only Real Madrid-themed restaurant in the world.


“We have received such an overwhelming response when we opened, and are very thankful to our guests who have shared their great dining experience with others. The success put Dubai on the world"...

Continue Reading >

August 31, 2014

9

Education Ministry to meet the common services demands

Secretary-General of the National Union of Common Services and Training Workers, who belong to the National Education Sector, Sid Ali Bahari, said his syndicate reached an agreement with the Education Minister, Nouria Rameoune, with regard to issues of the temporary positions for the laboratory technicians and administrative positions and professional workers with their three types.


Bahari told Echorouk online, on Friday, that"...

Continue Reading >

August 31, 2014

10

Algeria to play a part in helping Gaza

Algerian Ministry of National Solidarity, Family and Women's Affairs said on Friday it is to contribute towards sponsoring widows and Palestinians with disabilities, as well as treating children with post-war trauma stress.

In a statement the ministry said that Minister Mounia Meslem had met the Palestinian Ambassador to Algiers Louai Issa on Thursday. They discussed the humanitarian outcomes of the Israeli war on the Palestinians in the Gaza Strip.


...

Continue Reading >