Water resources: Wells built without authorization to be listed
ALGIERS- A detailed inventory of wells having been built without authorisation in the country provinces will be carried out, Water Resource Minister Abdelmalek Sellal announced Thursday in Algiers
During a Council of Nation’s session devoted to oral questions, the minister said that setting such an inventory is intended to assess the impact of wells’ random drilling on the ground-water sheets in order to regulate their administrative situation case by case.
About the instruction of prohibiting wells drilling in four provinces in the country's southern region, the minister said the information was unfounded and that only the prefects were entitled to take such measures.
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Sonelgaz, BNA sign framework convention
ALGIERS- Sonelgaz and the National Bank of Algeria (BNA) signed on Thursday a framework convention on the reinforcement and the perpetuation of the relations between the two parties.
This convention, signed by Sonelgaz and BNA CEOs respectively Noureddine Bouterfa and Mohammed Seghir Benbouzid confers to Sonelgaz the status of a privileged client of BNA and to BNA the Status of the reference bank for Sonelgaz group.
This agreement provides that Sonelgaz as well as its 34 subsidiaries commit to have their financial and banking operations domiciled to BNA, whereas this bank commits to assure advantageous treatment to the State owned group operations.
Furthermore, the agreement points out the bank’s preferential rates offered to Sonelgaz group companies in line with operation made on their accounts.
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The decentralized single offices, a paramount tool to promote investments
KHENCHELA- The decentralized single offices are a "paramount tool" for investments promotion, said on Wednesday in Khenchela (540 km east of Algiers) Abdelkrim Mansouri General Manager of the National Agency for Investment Development (ANDI). 18 decentralized single offices which are also "support factors for the local development and national economy recovery" have been opened in the provinces, and the process is being "pursued" in other provinces "in order to accompany and take care of investors and projects initiators," he pointed out. During in a study day organized in the presence of economic operators, local and municipal officials and representatives, the ANDI General Manager also highlighted this agency’s missions in line with a strategy set by the authorities.
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Russia attaches great importance to promoting cooperation with Algeria, says Serguei Lavrov
MOSCOW (Russia)- Russia is highly interested in promoting cooperation with Algeria in various fields, said Wednesday Russian Foreign Minister Serguei Lavrov.
Algeria was the first Arab and African country to sign with Russia a declaration on strategic partnership (April 2001), said the Russian Foreign minister in reply to questions asked via the Internet.
Relations between the two countries are based on the principles stipulated in the declaration, he stressed.
Algeria is Russia's third partner in Africa in terms of the volume of economic exchanges and trade, he said, adding that Russia attaches a substantial importance to developing such exchanges.
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Cevdet Yilmaz: Raising Algerian-Turkish cooperation to highest level
ALGIERS- Turkish State Minister for Planning Cedvet Yilmaz praised Thursday in Algiers the "good" economic and political relations between Algeria and Turkey. "We have good economic and political ties, which are meant to be maintained and further strengthened in the future," Yilmaz told reporters following discussions with Foreign Minister Mourad Medelci.
He underlined that he tackled with the Foreign minister the programmes and actions undertaken by both countries in terms of cooperation, and economic issues in particular.
"I've had discussions with Minister Medelci about issues of common interest regarding economy, and we have reviewed the different bilateral programmes achieved so far," said Yilmaz, stressing the importance of raising Algerian-Turkish cooperation to the highest level.
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SME growth rate up 10% in past years
ALGIERS –Minister of Small and Medium Enterprise and Craft Industry Mutapha Benbada said Wednesday that small and medium enterprises (SMEs) had registered a growth rate of 10.5% in recent years.
Speaking to the national radio, the minister said that improving the economic environment in general has had a positive impact on these enterprises development, and this, through a major public investment and administrative measures that have relieved tax burden.
The Minister also added that the number of SMEs reached 455,000 at the end of the year against 180,000 in 2001.
Benbada further indicated that a national caravan for young entrepreneurs, moderated by experts, will be launched to raise awareness about the importance of entrepreneurship at the national level. "The binder of young contractor" containing brochures on necessary information for launching projects will be distributed during this event, "he added.
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CMA-SAMPO combine harvesters, example of Algeria-Finland cooperation
SIDI BLE-ABBES- The CMA-SAMPO project for the construction of combine harvesters, which is under finalization, may constitute an example of bilateral cooperation namely in mechanic industry, said on Wednesday in Sidi Bel-Abbes (440 km west of Algiers) the Ambassador of Finland to Algeria Risto Veltheim in the farm material construction company (CMA) of sidi Bel-Abbes he visited with local authorities representatives. The Finnish diplomat said he is in favour of a cooperation and partnership enlargement to other markets mainly telephony, wood, and medicines.
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- Zerhouni pays vibrant homage to late Ali Tounsi
- Algeria-Turkey joint committee: Draft cooperation agreement and a MoU inked
- The international generic medicines fair from Sunday in Algiers
- African Union highlights "the very positive progress" in Guinea
- CORELSO condemns the "fierce repression" against Sahrawi occupied territories population
- Algerian cinema figures honoured in Mila
- Russia attaches great importance to promoting cooperation with Algeria, says Serguei Lavrov
- Terminal chronic kidney failure: Only 1,000 transplants since 1986