All News

April 17, 2014

1

Economist says Algeria will need its shale gas

Algeria will be forced to exploit its shale gas in the next 10 years, not only to meet the rising annual local demand for energy, but also to cover the total public expenditure and the cost of social transfers and to guarantee the continuation of subsidies on basic commodities, which represent 30% of the total budget.


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April 17, 2014

2

Agreements to be signed soon in prelude to Algeria’s WTO membership

Algeria will sign trade agreements with many countries in a prelude to joining the World Trade Organization (WTO), Minister of Trade Mustapha Benbada announced Tuesday in Mascara (361-km west of Algiers).


The minister added, in a press briefing, held on the sidelines of the second day of his inspection visit to the province, that a trading agreement will be signed with"...

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April 17, 2014

3

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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April 17, 2014

4

Algerians go to the polls to choose president amid economic fears

Algerians go to the polls on Thursday to choose a president, with the elderly and frail incumbent expected to win amid deep uncertainty about how the north African country's grave economic problems will be tackled.


Abdelaziz Bouteflika, a veteran of the generation that won independence from France in 1962, is controversially running for a fourth term – reinforcing"...

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April 17, 2014

5

Algeria's bloody past, energy wealth keep status quo for now

Cramped with his young wife and three infants in a shack in Algiers' Citi Hofra slum, Amin Kerchach could be forgiven for being angry at missing out on Algeria's gas wealth.


But after waiting for years to get a new state-built apartment from President Abdelaziz Bouteflika, his memories of Algeria's bloody past and the promise of state largesse to come are reasons enough to hold out a little longer.


Where"......

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April 17, 2014

6

Volasertib, Boehringer Ingelheim´s investigational treatment of acute myeloid leukaemia, is granted ‘orphan drug designation’ in the EU and the US

  • An orphan drug is a medicine that treats a rare disease
  • Although a rare disease, acute myeloid leukaemia is one of the most common adult leukaemias1
  • EMA & FDA recognise volasertib’s promise as a potential new treatment for patients with acute myeloid leukaemia who are not eligible for intensive treatment
  • Currently %40% of AML patients are unlikely to benefit from intensive therapy options2


For"...

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April 17, 2014

7

A Landmark 15th Year for Mindtree: Revenue Crosses Half a Billion Dollars, Recommends Special Dividend and 1:1 Issue of Bonus Shares

Mindtree, a global information technology services company, announced its results today for the fourth quarter and year ended March 31, 2014, as approved by its Board of Directors.


“FY14 has been a momentous year for Mindtree. We crossed half a billion dollars in revenues, USD 100 million in operating profits and INR 100 of EPS. As we celebrate this success, I would"...

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April 16, 2014

8

ASCO, ESMO, EORTC, ESO, and UICC Continue Endorsing the WIN Symposium Series in 2014

WIN 2014 Symposium

Five major cancer organizations which have endorsed previous events in the WIN Symposium Series, are also endorsing the WIN 2014 Symposium, to be held in Paris, June 23 - 24. The high scientific level and expected strong impact of this symposium are reflected by endorsements received from ASCO*, ESMO, EORTC, ESO, and ...

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April 16, 2014

9

Consumer Associations: “No scarcity of staple commodities on voting day”

The spokesman of the Algerian traders and artisans, Hadj Tahar Boulenouar, told Echorouk on Tuesday that 43 wholesale markets for vegetables and fruits at the national level would be duly open on Election Day, April 17th, to ensure the regular supply of basic products for the country’s traders and thereby for the consumers.


He indicated that the hovering"...

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April 16, 2014

10

152 Driving Licenses Revoked in Al Ain in One Month

The Al Ain Traffic and Patrols Section at the Abu Dhabi Police Traffic and Patrols Directorate announced that it has revoked 152 driving licenses last March, of drivers who violated the traffic regulations.


Major Salah Abdullah Al Hemairi, Chief of the Al Ain Traffic Section explained that holders of the revoked driving licenses had exceeded the cumulative number of 24 traffic"...

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