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Prime Minister Abdelmalek Sellal on the presidential programme
OBG
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Over the past few years, Algeria has made significant economic progress and achieved many positive indicators. From 2010 to 2014, the country’s GDP shows an average increase of 4%, while inflation was brought under control and is now down to around 3.5%. The unemployment rate, meanwhile, has declined significantly, from 29.5% in 2000 to 9.8% in 2013. To consolidate the achievements and fulfil the…
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President Abdelaziz Bouteflika on investing for the future
OBG
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In recent years Algeria has achieved real progress on both the social and economic fronts and has tangible results to show for it – particularly in agricultural and rural development where, in terms of both the scale and scope of initiatives, we have seen significant leaps forward. In the fields of industry and services, investment promotion policies have led not only to the creation of numerous…
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Jean-Marc Ayrault, Former Prime Minister of France, on strengthening the relationship between France and Algeria
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Franco-Algerian relations have evolved positively since President François Hollande’s visit in 2012. This does not mean that both countries have overcome their issues, but I believe relations are heading in a new direction and in a new context. We have turned a corner and, as President Hollande said, we do not have to sidestep the reality behind Algeria and France’s historical relationship. Both…
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Mohammed Laksaci, Governor, Bank of Algeria, on financial inclusion
OBG
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Financial inclusion offers people without access to banking and financial services the opportunity for a minimum level of access to these products. As a matter of fact, it also contributes to their integration into the economy, the promotion of growth, more inclusive development, the reduction of poverty and the reinforcement of social cohesion. Several actions undertaken in Algeria in the last few…
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Mourad Naït-Abdesselam, Country General Manager, Microsoft, on fostering innovation and competitiveness with cloud technology
OBG
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In the World Economic Forum’s “2014 Global Competitiveness Report”, Algeria was still in a transitional phase between stage one, “factor driven”, and stage two, “efficiency driven”, while developed countries and some emerging countries such as the UAE and Qatar are already in stage three, “innovation driven”. Today cloud and mobile technology play a key role in helping people and…
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Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars, on encouraging research and development
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Algeria has in its tax law attractive incentives to enhance research and development (R&D), such as allowing for the deduction of operating expenses incurred for scientific or technical research in the year in which these expenses were incurred. An additional incentive is for companies to deduct expenses incurred within the framework of R&D within a limit of 10% of their profits capped at AD100m…
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Adel Si-Bouekaz, Managing Director, Nomad Capital, on the role of private equity funds in encouraging public offerings
OBG
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The year 2015 will witness initial public offerings (IPOs) of state-owned companies as well as privately held ones. We forecast the latter will take place during the first half of the year, whereas state-owned companies have yet to meet internal requirements, notably approval by their relevant governance bodies. This includes finalising the terms of the listing, such as the advisers that will be used;…
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The Report: Algeria 2014: The Guide
OBG
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This section includes information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.…
Chapter

The Report: Algeria 2014: Legal Framework
OBG
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OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. This section also includes an interview with Samy Laghouati, Partner, Gide Loyrette Nouel.…
Chapter

The Report: Algeria 2014: Tax
OBG
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In conjunction with Mazars, OBG explores the taxation system, examining Algeria’s investor-friendly environment. OBG talks to Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars, on encouraging research and development.…