OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. Samy Laghouati, Partner, Gide, on the new investment code.…
Algeria has attracted strong interest from foreign investors over the last few years. As a market of 40m people, which boasts substantial energy resources and maintains a steady demand for modern infrastructure supported by significant public investment, the country appears primed for significant growth in the coming years. In 2009, in the context of the fallout from the global economic crisis,…
Interview:Samy Laghouati The government intends to revise the legal framework applicable to foreign investments. What can be said so far of the new measures? SAMY LAGHOUATI: The government has broadly expressed its will to increase the attractiveness of Algeria to foreign investments. In particular, it is intending to continuously encourage the implementation of industrial projects in the…
As a market of 39.5m people with substantial energy resources and steady demand for modern infrastructure supported by significant 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, the country saw a fall in revenues from its oil and gas exports, along with a sharp rise…
The fall in the international price of oil since mid-2014, however, is having a substantial economic impact, in particular on the country’s trade balance and government finances. On the positive side though, the drop in prices is accelerating efforts to further diversify the economy, pushing the government to open up the country to greater private and foreign investment in order to provide alter
OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. This chapter contains a viewpoint from Samy Laghouati, Partner, Gide Loyrette Nouel.…
Interview: Samy Laghouati What is the decriminalisation of management acts? SAMY LAGHOUATI: The decriminalisation of management acts is an enormous project that demands a complete reassessment of all of the legal specialities concerning business and management activities, including company, labour, economic, banking and criminal law. While this question is typically viewed through the lens of state-owned…
Non-hydrocarbons GDP growth has also been robust in recent years and is expected to rise to 4.25% in 2014 on the back of higher industrial output. Most production and investment is still driven by the public sector, but efforts to extend credit to the private sector and support business creation are beginning to show positive results. Algeria’s economic fundamentals remain strong compared to bot
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…
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.…