Algeria Bound

Algeria: Insurgent targets military outpost near Timiaouine, kills guard during suicide attackF

An Algerian soldier was killed Sunday in a suicide car bomb attack near the Mali border, the Algerian defence ministry said in a statement. "Today at 1050 (0950 GMT) in the border area of Timiaouine, a detachment of the ANP (army) was the target... of a suicide...

Business: Coronavirus likely to force more oil production cutsF

Algiers, Feb 8, 2020 - A committee appointed by the OPEC club of oil-producing countries and its allies to study the effects of coronavirus recommended additional output cuts on Saturday, Algeria's energy minister said.  "The coronavirus epidemic has had a negative...

Algeria: Sonatrach CEO Kamel Chikhi dismissed, company fails to stabilizeF

On 5 February 2020, Sonatrach CEO Kamel Eddine Chikhi was dismissed from his position by a government decree. He was replaced by insider Tewfik Hakkar, who was Vice President for Business Development and Marketing at Sonatrach. Chikhi was appointed in November 2019,...

Algeria: The emperor has no clothes, a president with no real powerF

There have been troubling developments in Algeria, confirming that newly appointed president, Abdelmadjid Tebboune has no control over his presidency.  The Hirak movement that has driven the disgraced former president Bouteflika out of office has always been...

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