Algeria Financial Services Articles & Analysis

Displaying 37 - 42 of 115

 

What can be done to improve the harmonisation of religious standards and regulations among countries on sharia-compliant products?

 

While it has only been modestly affected, Algeria’s financial sector has not been immune to the effects of the global oil price shock, which is unsurprising given the impact it has on Algeria’s broader macroeconomic climate over the past two years. The excess liquidity that had insulated the banking industry from external shocks was eroded...

Articles & Analysis | Pharmaceuticals from The Report: Algeria 2016

 

Biopharm is a pharmaceutical company founded in early 1990. In October 1991 the company began operations with the production of generic drugs. To diversify and develop its business Biopharm started to gradually adapt its organisational structure by creating five subsidiary companies. Besides the industrial production of drugs, which remains...

 

Although the Algerian financial sector’s coverage rates remain healthy – particularly by emerging market standards – the dramatic drop in hydrocarbons receipts since 2014 has brought a swift end to more than a decade of abundant liquidity. As broad money growth contracted to near zero in 2015, banks saw their liquid assets fall to 27.2% of...

Articles & Analysis | Hospitality from The Report: Algeria 2016

 

The Entreprise de Gestion Hôtelière El Aurassi (EGH El Aurassi) is a hotel management firm, with its headquarters in the capital city of Algiers. The Hôtel El Aurassi is the flagship hotel of the firm and one of four hotels in the EGH El Aurassi portfolio. The other three hotels in the management company’s portfolio include Hôtel Rym in Beni...

 

While it has grown more than five-fold since the 1990s, Algeria’s insurance industry remains small relative to the size of the economy, with low penetration and density ratios – a common feature seen in emerging and frontier market insurance markets. The sector, which was partitioned into life and non-life segments in 2011, still sees more...