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The recent 3G launch will deepen the market for mobile services
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The telecoms market in Algeria has shown dynamic growth in recent years; as with many emerging markets, the mobile penetration rate has gone from zero to nearly 100% in less than 15 years and the market has demonstrated strong demand for new technologies. The public sector remains a key player via the state-owned operator Algérie Telecom (AT), but the sector has long attracted private investment,…

Overview

The launch of 3G and fixed 4G service is set to boost internet penetration in 2014
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The introduction of 3G mobile service in December 2013, followed in May 2014 by state-owned operator Algérie Telecom’s (AT) 4G fixed wireless data service, stand to significantly impact the IT sector in the nearterm, particularly in terms of consumption and demand. For years, Algeria lagged behind others in the region in terms of internet connection speeds, availability of mobile data service and…

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Efforts to structure the sector are boosting productivity
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Agriculture is an anchor of Algeria’s non-hydrocarbons economy, contributing 8.9% of GDP and employing over 2.4m people in 2013. The government has made it a priority to boost domestic production to reduce its ever-rising import bill and end the country’s reliance on imports of dietary staples such as cereals and milk. Algeria has made great strides since the 2008 launch of its Agricultural and…

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Enhanced infrastructure and human resources training to give tourism its rightful place in the economy
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Despite its unique natural and historical heritage, Algeria’s tourism sector has long struggled to transform into an important component of the country’s economy. The tourism industry was positively galvanised after independence in 1962, and the North African country experienced relative success in attracting visitors during the 1960s and 1970s. However, much has changed in subsequent decades.…

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Shifting investment and infrastructure to fight against chronic disease
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Having made considerable gains in health care provision over the past five decades, Algeria has been undergoing a transition in terms of its health challenges. With improved basic health indicators in the field of infectious diseases, the country is now battling a rise in chronic disease affecting the population. This is being accomplished through a combination of public and private investment efforts,…

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Improved facilities and links to the private sector are helping to form a better prepared workforce
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Following through on the implementation of its reform plans, Algeria continues to put a strong emphasis on improving provision of education across the country. A decade has passed since the beginning of the educational reform, and authorities are now cementing new practices and aiming to understand which elements need further work. Efforts are now targeted at improving the quality of teaching by enhancing…

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An outline of important tax regulations for investors
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The Algerian tax system is structured through several different tax codes, as follows: • The Code of Direct Taxes and Related Taxes; • The Code of Taxes on Sales, which is mainly dedicated to value-added tax (VAT); • The Code of Indirect Taxes; • The Code of Registration Duties; and • The Code of Stamp Duties. Another code, the Fiscal Procedures Code, regulates the relation between the…

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New foreign investment and competition regulations
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As a market of about 38m inhabitants with substantial energy resources as well as a steady demand for modern infrastructure supported by massive public investment, Algeria has attracted strong interest from foreign investors over the last few years. During 2009, in the context of the fallout from the global economic crisis, Algeria saw a fall in revenues from its oil and gas exports combined with…

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Hotel Listings In Algeria
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Algiers HÔTEL EL AURASSI 2 Boulevard Frantz Fanon Les Tagarins, Algiers T: 021 74 82 52 F: 021 71 72 87 / 90 www.el-aurassi.com contact@el-aurassi.com Rooms: 414 units, including luxury rooms with bedroom and separate living/office space and balcony; executive rooms with separate bedroom and living/office space; and regular rooms. The hotel also offers 16 comfort suites, 14 prestige suites, a…

Overview

OBG talks to Youcef Benmicia, CEO, Algerian Insurance Company; and Nacer Sais, CEO, National Insurance Society
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Interview: Youcef Benmicia,Nacer Sais What segments will be the main drivers of growth for the Algerian insurance sector in 2014? YOUCEF BENMICIA: In 2013 the insurance sector witnessed organic growth of around 14%, with total revenues of AD114bn (€1.1bn). The non-life insurance segment remains the main contributor by far, accounting for 93% of total revenues, at AD105bn (€976.5m). Even…