Maghreb Edition

Algeria: Media campaign against financial backers of Bouteflika: the Kouninef brothersF

Posted On 26 March 2019

Number of times this article was read : 374

The North Africa Journal – 26 March 2019: The Kouninef brothers have been the focal point of several influential newspapers and have been under attack by social media commentators for their alleged strong ties and support of the Bouteflika regime. The Kouninef family has been in business in Algeria since the 1970s. The founding father of this family, which has become one of the richest in Algeria, has long been one of Abdelaziz Bouteflika’s closest friends, providing him with a great deal of financial support. Since  Bouteflika became President in 1999, the Kouninef family has created an empire, while working under the radar.

 

 

The North Africa Journal's WhatsApp Group
.

Most Recent Stories from the Region

Moroccan pharmacy unions push back against proposed ownership reformsF

Moroccan pharmacists’ unions are urging regulators and the professional Order to reject proposals that would allow outside investors to hold stakes in pharmacies. They argue the change could weaken professional independence, reshape pharmacies into commercial projects, and pressure smaller operators that support access to medicines nationwide.

Egypt Names New Defense Minister in Reshuffle Amid Regional StrainF

Egypt’s latest cabinet reshuffle brought a new defense minister, revived the Information Ministry, and changed multiple economic and service portfolios. From Cairo’s standpoint, the move is designed to tighten execution, stabilize institutions, and preserve strategic flexibility as Egypt manages economic strain and a more volatile regional environment.

Morocco Reassures Public on King Mohammed VI’s Mechanical Lumbosciatica$

Morocco’s Royal Palace has confirmed that King Mohammed VI is being treated for mechanical lumbosciatica, a lower‑back condition linked to muscle contracture, but has stressed that his situation is not considered serious. Doctors have prescribed medication and rest to ease the pain, and official statements have emphasized continuity of state affairs while reassuring the public that the 61‑year‑old monarch’s health problem is localized and manageable.

Written by The North Africa Journal

The North Africa Journal is a leading English-language publication focused on North Africa. The Journal covers primarily the Maghreb region and expands its general coverage to the Sahel, Egypt, and beyond, when events in those regions affect the broader North Africa geography. The Journal does not have any affiliation with any institution and has been independent since its founding in 1996. Our position is to always bring our best analysis of events affecting the region, and remain as neutral as humanly possible. Our coverage is not limited to one single topic, but ranges from economic and political affairs, to security, defense, social and environmental issues. We rely on our full staff analysts and editors to bring you best-in-class analysis. We also work with sister company MEA Risk LLC, to leverage the presence on the ground of a solid network of contributors and experts. Information on MEA Risk can be found at www.MEA-Risk.com.