All News

August 30, 2014

1

Algeria aims to stem youth brain drain with business fund

They fled Algeria to escape the violence ravaging the country in the 1990s, but now more and more young exiled Algerians are returning, lured by better economic prospects linked to government financial enticements.


With unemployment in the oil-rich North African nation hovering at 21.5 percent among under-35s, according to the International Monetary Fund, the government"...

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August 30, 2014

2

Insurance companies delay compensations for 25.000 victims of road accidents

Public and private insurance companies have failed until late July to sort out up to 25 thousand files of Algerian drivers insured against road accidents. This huge delay in file-processing by these failing insurance companies will deprive them until further notice to secure their financial compensations from the finance ministry in line with the rules and regulations in force.


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August 30, 2014

3

Venezuela mulls importing Algerian crude

Venezuela's state-run oil company PDVSA is considering importing Algerian light crude to be used as a diluent for its own extra heavy oil, according to an internal company document seen by Reuters on Wednesday, and the move could mark the first ever crude import by the OPEC member.


Though Venezuela has the world's largest crude reserves, PDVSA has been buying an increasing"...

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August 30, 2014

4

Council adopts Challenging bills

Several bills relating to many socioeconomic fields have been examined and adopted by the Council of Ministers on Tuesday during a meeting chaired by President of the Republic Abdelaziz Bouteflika.The Council of Ministers approved the Finance bill 2015, which comprises provisions aiming at encouraging investment and the promotion of national production, as well as the simplification of tax procedures for households and companies.The bill also provides for the repeal of the Article 87a of the Labour Code.In this regard, President Bouteflika underlined that the "State's efforts to support the economic...

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August 30, 2014

5

Algeria To Lessen Oil Dependency With Fresh $262bn Investment Plan

North Africa’s largest oil producer, Algeria is concluding plans to launch a $262 billion five-year investment programme aimed at boosting socio-economic causes and reduce oil dependency.


Algeria launched its first 5 years investment programme in the 2005. Valued at $200 billion, the programme ran till 2009 after which a second ($286 billion) was launched to further"...

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August 30, 2014

6

Algeria plans investment to reduce reliance on oil and gas

The Algerian government plans to spend $262 billion over the next five years in a bid to revive the country’s flailing economy and move away from its traditional focus of oil and gas.


According to a report from Reuters, the Algerian government said projects to be included in the 2015-2019 plan – designed to “develop a productive and diversified economy”"...

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August 30, 2014

7

Abu Dhabi Police Air Wing: 1015 Missions in 6 Months

The Air Wing Department at the Abu Dhabi Police flew 1015 missions during the first half of 2014. The operations included 72 air-ambulance missions covering road accidents and patient transport between hospitals; 6 search and rescue missions; 224 police patrols; 522 training flights; 132 maintenance-related sorties; and some 59 missions for different police and humanitarian purposes.


Brigadier"...

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August 30, 2014

8

Ministry of Interior Launches the Fourth Unified Traffic Awareness Campaign

The Ministry of Interior, represented by the Traffic Coordination Directorate General, has launched the fourth unified traffic awareness campaign titled “Back to School” to coincide with the beginning of the new academic year. The campaign is initiated under the slogan “Their safety is our concern” and is one among many initiatives launched by the traffic sector that aims to unite all segments of society to educate school students about traffic accidents. It urges them to abide by traffic rules and"...

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August 30, 2014

9

ADP Deploys 140 Patrols to Promote Students and Road Users’ Safety

Colonel Khamis Ishaq Mohammed, Deputy Director of the Abu Dhabi Police Traffic and Patrols Directorate announced that the directorate has deployed more than 140 traffic patrols at the various intersections and on the internal and external roads in different areas of the Emirate of Abu Dhabi. “The directorate has completed its preparations for the new academic year 2014-2015,” explained Colonel Mohammed.


Adding"...

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August 29, 2014

10

The International Bio-Community Meets in Japan! Announcing Integrated Biotech Business Event - BioJapan 2014

BioJapan 2014 World Business Forum

BioJapan 2014 – World Business Forum – will be held for three days from October 15th (Wed.) to 17th (Fri.), 2014 at Pacifico Yokohama (Exhibition Halls C & D, and Annex Hall).


Comprised of exhibition, ......

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