Language Modern Standard Arabic is used in schools, government offices and the media. In practice, Darja – the local Algerian dialect of Arabic – is more commonly used and varies from one region to another. French is frequently spoken in business, though this is less true outside Algeria’s main urban areas where Arabic or Tamazight are spoken in all aspects of daily life. Though its…
Algiers EL DJAZAÏR (EX SAINT GEORGE) 24 Avenue Souidani Boudjemaâ Algiers 16070 T: 023 48 11 08 F: 023 48 11 05 www.chaineeldjazair.com reservation@chaineeldjazair.com Rooms: 288 rooms, including seven senior, nine junior and two executive suites. Business & Conference Facilities: Fully equipped business centre with six rooms and salons. Health & Leisure Facilities: Tennis court,…
Opportunities to invest in the health care sector continue to increase as the population grows at an annual rate of 2.1%, applying pressure on existing hospital infrastructure, especially in the urban centres where 72% of the population resides. As life expectancy, currently averaging at 76.3, steadily increases and the young population grows in tandem with changing consumer lifestyles, the…
Algeria has maintained a high level of investment in education in recent years, despite the general economic contraction caused by the collapse of the hydrocarbons market in 2014. While the Ministry of National Education (Ministère de l’Education Nationale, MEN) continues to focus on improving education practices and reforming teacher training, the Ministry of Higher Education and Scientific…
Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth across markets. This demand for technical specialists is often most concentrated in the sectors that are vital to economic advancement, including infrastructure, oil and gas exploration and extraction, and value-add processes for agricultural…
In recent decades, the pharmaceutical market has expanded its geographical reach. This trend appears to be here to stay; in a survey of major pharmaceutical firms conducted by global consulting firm PwC’s Strategy& team, more than half of respondents anticipated that over 30% of their global sales would originate in emerging markets by 2018. Even in the most newly opened markets, drug…
A diverse land of thermal springs, mountains, historic sites, vast desert and unspoilt Mediterranean coastline, Algeria offers a remarkable variety of activities for travellers. However, a decade-long civil war ending in 2002 and an antiquated transport infrastructure network has curtailed growth in the tourism sector, alongside negative perceptions abroad and a cumbersome visa regime. These…
While the 2014-17 period saw the effectiveness of the import ban called into question and was marked by a significant drop in oil receipts, recovering commodity prices in 2018 appear to be bolstering both local business sentiment and economic growth prospects. The results of the second OBG Business Barometer: Algeria CEO Survey, gathered through face-to-face interviews with 90 of the country’s top…
Recovering international oil prices and a loosening of the government’s purse strings have afforded Algeria some breathing room after a number of challenging years for the economy. As Africa’s most important gas exporter, Algeria remains highly dependent on the hydrocarbons sector for the majority of its government’s revenues and almost the entirety of its exports. Despite reforms to encourage…
The steep fall of oil prices in 2014 underlined the extent to which the Algerian economy, already under pressure from growing domestic demand for energy and decreasing output, was dependent on hydrocarbons. Algeria is now facing the challenges of reforming and revitalising this strategic sector and, through state-owned energy company Sonatrach and its SH2030 Leading the Change strategy, is giving shape…
