Algeria
-
Featured
AM Best Affirms Credit Ratings of Compagnie Algérienne des Assurances
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Compagnie Algérienne des Assurances (CAAT) (Algeria). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CAAT’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and marginal…
Read More » -
Africa
An invitation to EXplore ALgeria Today
Abu Dhabi, United Arab Emirates — During ADIPEC 2022 edition, the Algerian national agency for the valorization of hydrocarbon resources “ALNAFT” has launched EXALT, a fully integrated digital platform developed by SLB, enabling seamless global access, anytime, anywhere, to the entire Algerian subsurface data and “evergreening” products. An unprecedented opportunity, in the history of Algeria’s energy market, for investors to…
Read More » -
Africa
Algeria offers mediating role in Libya
Algerian President Abdelmadjid Tebboune has said his country’s position on the situation in Libya is to reject military action and to keep a distance from all the parties involved in the crisis. In a press interview, Tebboune said Algeria has always considered the Libyan capital, Tripoli, a red line, and that its fall into the hands of renegade military commander…
Read More » -
Africa
Al-Qaeda kingpin in North Africa killed
The French government said it has killed the leader of al-Qaeda in north Africa, Abdelmalek Droukdel, in an operation in Mali. Defence Minister Florence Parly said Droukdel along with members of his inner circle had been killed in the north of the country on Wednesday. French forces had also captured a senior Islamic State group commander in Mali in an…
Read More » -
NEWS
Algeria recalls envoy to France
Algeria has recalled its ambassador to France for consultations after French public television aired documentaries on the North African country’s anti-government protest movement, one of which contained shots of young people kissing and drinking alcohol. The Algerian foreign ministry on Thursday said in a statement the two documentaries, while “seemingly spontaneous and under the pretext of the freedom of expression,…
Read More »