All News

September 20, 2014

1

Wealth distribution must be fair, consumer subsidy maintained, says Sellal

Prime Minister Abdelmalek Sellal said Thursday the distribution of wealth must be equitable, adding that State's consumer subsidy will be maintained to support the underprivileged sections of the population.


The opening session was attended by Prime Minister Abdelmalek Sellal, members of government, the secretary general of the General Union of Algerian Workers (UGTA),"...

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September 20, 2014

2

Repeal of article 87a as from 1 January 2015, says Sellal

Prime Minister Abdelmalek Sellal announced Thursday in Algiers that the repeal of article 87a of the law 90-11 related to labour relations will enter into force as from 1 January 2015.


“The decision to repeal the article 87a of the law 90-11 related to labour relations will be implemented as from 1 January 2015 and will primarily concern the underprivileged class,”"...

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September 20, 2014

3

2015-2019 development plan submitted to Council of Ministers for adoption by end 2014

The 2015-2019 development plan, for which the State allocated US$262 billion, will be submitted to the Council of Ministers for adoption by the end of current year, announced Thursday in Algiers Prime Minister Abdelmalek Sellal at the 17th tripartite (Government-Central Union, Employers) meeting.


The investment plan, based on sound forecasts, would help increase Algeria's"...

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September 20, 2014

4

Investment Code: Expected amendments to not affect 49/51 rule, says Sellal

Prime Minister, Abdelmalek Sellal said Thursday in Algiers the improvements to be introduced to the investment law "will not affect the main investment principles, like the 49/51% rule."


The Premier stressed, in a speech he gave at the opening session of the 17th tripartite (Government-Union- Employers), the government "is studying the investment code to introduce further"...

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September 20, 2014

5

Project of commercial port of Algiers still under study, says Minister

Minister of Public Works, Abdelkader Kadi, said Thursday in Algiers that the project meant to develop the new commercial port of Algiers is "still under study," adding that this study will "determine soon" its location.


Kadi, who was speaking at a plenary session of the People's National Assembly (Lower House of Parliament) devoted to oral questions, said that his ministry"...

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September 20, 2014

6

State will continue to support young graduates for creation of start-ups

The Government will continue to support young graduates for the creation of start-ups, said Thursday in Algiers Prime Minister Abdelmalek Sellal.


"We will further support young graduates, especially those who want to create start-ups," said Sellal in his opening address at the 17th tripartite (Government-Union-employers) meeting.


"...

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September 20, 2014

7

National Economic and Social Growth Pact: Monitoring committee discuss priorities

The Monitoring Committee of the National Economic and Social Growth Pact discussed since its setting up in March, several "priority" issues related to the development of the company, investment and social climate encouragement, Minister of Industry and Mines, Abdessalem Bouchouareb said Thursday.


The committee, which held a dozen sessions and examined five (5) main"...

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September 20, 2014

8

Algerian economic operators invited to participate in India-Arab Partnership Conference

The Algerian economic operators are invited to participate in the 4th India-Arab partnership Conference, which will be organized by the Federation of Indian Chambers of Commerce and Industry in New Delhi in November, said Thursday the Algerian Chamber of Commerce and Industry (CACI) in a communiqué.


The conference, organized with the support of India's Ministry of"...

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September 20, 2014

9

Tripartite meeting eyes 7% growth rate by 2019

The 17th tripartite meeting, bringing together Government-Union-Employers, decided at the end of their proceedings to accelerate the implementation of the National Economic and Social Growth Pact’s Commitments and welcomed the return of consumer credit and the repeal of Article 87a of the Labour Code, as from 1st January 2015.


It was also agreed to monitor the"...

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September 20, 2014

10

Algeria to expand 51/49 rule to wholesale, retail trades

Algeria will expand the rule 51/49, governing foreign investments to wholesale and retail trades, announced Thursday here Minister of Industry and Mines, Abdessalam Bouchouareb.


"The 51/49 rule will continue and will be strengthened since it will be extended to wholesale and retail trades," he said at the end of the Government-Union-Employers tripartite meeting.

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