WASHINGTON (U.S.A)- Algeria remains an attractive destination for American companies , offering significant growth potential to foreign investors said the U.S department of State in its 2017 report on investment climate in the world.

ADDIS ABABA- Minister of Foreign Affairs Abdelkader Messahel called Friday, in Addis Ababa, to favour an approach which takes into account requirements relating to balance, solidarity and equitable sharing of costs to avoid the concentration of risks regarding the worrying trend of non-payment, in time, by the African Union’s countries of their financial contributions.

ALGIERS- Prime Minister Abdelmadjid Tebboune affirmed Thursday, in Algiers, that a reform in the financial sector is underway to adapt it to the dynamic of the market and rate of investments scheduled as part of the government’s action plan, announcing the forthcoming creation of a new bank of housing.

ALGIERS- Prime Minister Abdelmadjid Tebboune said Thursday that Algeria will not fail to its international commitments with foreign partners, particularly with the European Union, without giving up its sovereign right consisting in the protection of its interests, affirming that Algeria is not currently ready to join the World Trade Organization (WTO).

ALGIERS- Quebec's deputy premier, minister responsible for Small and Medium Enterprises, Regulatory Streamlining and Regional Economic Development, Lise Theriault, is to pay a visit to Algeria (July 2-4 ), the ministry of Foreign Affairs said Thursday in a statement.

ALGIERS- The members of the Council of the Nation (Upper House of Parliament) on Thursday hailed Prime Minister's decision to unfreeze highly profitable projects, calling on the Government to strengthen control over public funds management and the rationalization of public expenditure.

ALGIERS- Algeria’s foreign exchange reserves are currently USD108 billion, said Thursday the governor of the Bank of Algeria Mohamed Loukal on the sidelines of the African Meeting on Econometrics, held from 29 June to 1 July in Algiers.

ALGIERS- The members of the Council of the Nation insisted Wednesday in the debate on the government’s action plan on raising of moral standards in the economic area to ensure the success of the moves aimed at diversifying the national economy and putting an end to its dependence on hydrocarbons.

ALGIERS- The implementation of the new mechanisms is essential to complete the programmes underway and achieve the socio-economic model sought by the government, considering the decline in financial resources due to oil price drop, Prime Minister Abdelmadjid Tebboune said Wednesday.