Wide-consumption products prices unlikely to soar during Ramadan
ALGIERS –Secretary General of General Union of Algerian Traders and Artisans (UGCAA) Salah Souilah ruled out Saturday in Algiers any increase in Wide-consumption products prices during the month of Ramadan.
"The prices of fruits and vegetables will not soar during the holy month of Ramadan, as the season coincides with harvest of many fruits and vegetables that will meet the market demand," Souilah told a press conference.
SG of UGCA has also stressed that the price of chicken should be around 200 dinar per kilo during the month of Ramadan against 300 dinars currently, through the storage consisted by companies within the Company of shareholdings management of animal production (GSP Prodi).
Souilah blamed the scarcity of white meat to the difficulties faced by poultry farmers, particularly in summer.
[Aps 31/7/10]
27 million unemployed in Africa
YAOUNDE (Cameroun)- the number of unemployed people in Africa went up from 24 million in 2007 to 27 million in 2009, said International Labour Organisation (ILO).
Director of the regional representation of the organization in Yaounde for 14 countries from central Africa and Indian Ocean Dayina Mayenga said that on regional level in Africa, after the economic crisis, we noticed that from 2007 to 2009, the number of unemployed people has increased.
"The number was around 24 million in 2007, it went up to 27 million in 2009. But I don’t think that this figure is the most worrying."
"Those I am talking about are workers of formal sector which represents 10 percent from the active population in sub-Saharan Africa," she said.
[Aps 30/7/10]
Setting up of a new French-Algerian Insurance Company
ALGIERS- A new insurance company, with Algerian status, has been created by three Algerian establishments and a French insurance company.
Named "Welfare and Health Insurance Company," the new firm has been created by the National Insurance Company (SAA), Local Development Bank (BDL), Bank for Agriculture and Rural Development (BADR) and French Insurance Company MACIF, according to the Articles of Association.
Its authorised capital, worth one billion dinars, is detained at 34% by SAA, 15% by BDL and 10% by BADR, i.e. a total of 59% for the Algerian part while MACIF holds the remaining 41%.
The new company will execute all the operations of personal insurance and reinsurance as well as all the operations of collective welfare and management of life insurance companies are authorised to exercise under the law in force.
[Aps 29/7/10]
Nine permits granted for beef import from India
ALGIERS –Ministry of Agriculture and Rural Development has so far issued nine health permits to the import of frozen boneless beef from India, said the deputy director of the Animal Health Department, Karim Boughalem.
This is the first time that Algeria, which imports of fresh and frozen meat from a dozen countries, allows the import of meat from India to contain the high demand on this product, always characterizing the month of Ramadan.
In an interview with APS, Boughalem said that negotiations for meat import from this country, begun in 2001, were the result of nine years of negotiations, after which India has managed to obtain certification to export its beef to Algeria, "having met all health requirements.”
[Aps 28/7/10]
Decline by 27.47% of meat imports in H1 2010
ALGIERS – Meat imports in Algeria declined by 27.47% during the first half of 2010 to $66.97 million against $91.321 million for the same period in 2009, the Algerian Customs indicated Wednesday to APS.
The quantities of imported meat have reached 25,661 tonnes in the first six months of 2010 against 33,748 tonnes during the same period last year, according to figures from the National Computer Centre of Customs and Statistics (CNIS).
Frozen boneless beef makes up the bulk of imports with 24,631 tonnes for $ 62.8 million, followed by
fresh or chilled beef with 549.7 tonnes ($2.4 million) the carcasses and half-carcasses of fresh or chilled bovine animals with 331.6 tons for a total of nearly 1.4 million dollars.
[Aps 28/7/10]
Naftal: Huge programme of pipelines network development
ALGIERS- The National Company of Petrol Products Distribution Naftal launched a huge programme of development and rehabilitation of its pipelines network, an executive of the company said.
The programme includes namely, the construction, by 2017 of 2,720 km of pipes for the distribution of petrol products, the Engineering executive of Naftal Noureddine Mesmous said in an interview in the last release of Naftal News journal.
A first section of the programme, linking Skikda’s Refinery to Berrahal, in the province of Annaba, including the construction of two pipelines for LPG and multi-products, has already been started in July 2009.
[Aps 27/7/10]
National Leasing Corporation set up
ALGIERS- The National Leasing Corporation (SNL), subsidiary of the National Bank of Algeria (BNA) and the Bank of Local Development (BDL) has officially been set up in virtue of a notarial study released Tuesday.
The company’s capital is DZD 3.5 bn divided into 350,000 shares of a nominal value of DZD 10,000 for each, divided into equal parts between the two banks, according to the terms of the notarial study.
The new entity, first in the king set up between two State-owned banks, comes in application of articles provided by the complementary finance act 2009, and aims at reinforcing and diversifying SMEs financing tools.
Seven private banking corporations are currently providing leasing services in Algeria.
[Aps 27/7/10]
- UN experts urge Israel to lift blockade on Gaza
- Arab peace initiative committee accepts direct negotiation according to Arab requirements
- Setting up of a new French-Algerian Insurance Company
- Road accidents: 86 killed and 1075 injured in one week
- Shanghai World Expo 2010: Inauguration of Algeria National Pavilion Day
- African Athletics Championships: Algerians Bouraâda, Souissi top decathlon rankings
- Mohammed Seghir Babes, elected as chairman of APRM Panel of Eminent Personalities
- French hostage killing: Medelci voices Algeria’s regrets
ALGIERS –Secretary General of General Union of Algerian Traders and Artisans (UGCAA) Salah Souilah ruled out Saturday in Algiers any increase in Wide-consumption products prices during the month of Ramadan.
"The prices of fruits and vegetables will not soar during the holy month of Ramadan, as the season coincides with harvest of many fruits and vegetables that will meet the market demand," Souilah told a press conference.
SG of UGCA has also stressed that the price of chicken should be around 200 dinar per kilo during the month of Ramadan against 300 dinars currently, through the storage consisted by companies within the Company of shareholdings management of animal production (GSP Prodi).
Souilah blamed the scarcity of white meat to the difficulties faced by poultry farmers, particularly in summer. 
YAOUNDE (Cameroun)- the number of unemployed people in Africa went up from 24 million in 2007 to 27 million in 2009, said International Labour Organisation (ILO).
Director of the regional representation of the organization in Yaounde for 14 countries from central Africa and Indian Ocean Dayina Mayenga said that on regional level in Africa, after the economic crisis, we noticed that from 2007 to 2009, the number of unemployed people has increased.
"The number was around 24 million in 2007, it went up to 27 million in 2009. But I don’t think that this figure is the most worrying."
"Those I am talking about are workers of formal sector which represents 10 percent from the active population in sub-Saharan Africa," she said. 
ALGIERS- A new insurance company, with Algerian status, has been created by three Algerian establishments and a French insurance company.
Named "Welfare and Health Insurance Company," the new firm has been created by the National Insurance Company (SAA), Local Development Bank (BDL), Bank for Agriculture and Rural Development (BADR) and French Insurance Company MACIF, according to the Articles of Association.
Its authorised capital, worth one billion dinars, is detained at 34% by SAA, 15% by BDL and 10% by BADR, i.e. a total of 59% for the Algerian part while MACIF holds the remaining 41%.
The new company will execute all the operations of personal insurance and reinsurance as well as all the operations of collective welfare and management of life insurance companies are authorised to exercise under the law in force. 
ALGIERS –Ministry of Agriculture and Rural Development has so far issued nine health permits to the import of frozen boneless beef from India, said the deputy director of the Animal Health Department, Karim Boughalem.
This is the first time that Algeria, which imports of fresh and frozen meat from a dozen countries, allows the import of meat from India to contain the high demand on this product, always characterizing the month of Ramadan.
In an interview with APS, Boughalem said that negotiations for meat import from this country, begun in 2001, were the result of nine years of negotiations, after which India has managed to obtain certification to export its beef to Algeria, "having met all health requirements.” 
ALGIERS – Meat imports in Algeria declined by 27.47% during the first half of 2010 to $66.97 million against $91.321 million for the same period in 2009, the Algerian Customs indicated Wednesday to APS.
The quantities of imported meat have reached 25,661 tonnes in the first six months of 2010 against 33,748 tonnes during the same period last year, according to figures from the National Computer Centre of Customs and Statistics (CNIS).
Frozen boneless beef makes up the bulk of imports with 24,631 tonnes for $ 62.8 million, followed by
fresh or chilled beef with 549.7 tonnes ($2.4 million) the carcasses and half-carcasses of fresh or chilled bovine animals with 331.6 tons for a total of nearly 1.4 million dollars.
ALGIERS- The National Company of Petrol Products Distribution Naftal launched a huge programme of development and rehabilitation of its pipelines network, an executive of the company said.
The programme includes namely, the construction, by 2017 of 2,720 km of pipes for the distribution of petrol products, the Engineering executive of Naftal Noureddine Mesmous said in an interview in the last release of Naftal News journal.
A first section of the programme, linking Skikda’s Refinery to Berrahal, in the province of Annaba, including the construction of two pipelines for LPG and multi-products, has already been started in July 2009. 
ALGIERS- The National Leasing Corporation (SNL), subsidiary of the National Bank of Algeria (BNA) and the Bank of Local Development (BDL) has officially been set up in virtue of a notarial study released Tuesday.
The company’s capital is DZD 3.5 bn divided into 350,000 shares of a nominal value of DZD 10,000 for each, divided into equal parts between the two banks, according to the terms of the notarial study.
The new entity, first in the king set up between two State-owned banks, comes in application of articles provided by the complementary finance act 2009, and aims at reinforcing and diversifying SMEs financing tools.
Seven private banking corporations are currently providing leasing services in Algeria. 
