* Budget spending to rise 13 percent: draft budget * Reserves will be used to cover deficit * Some economists warn of inflation danger ALGIERS, Oct 19 - Algeria will increase budget spending by nearly...
China Railway Construction Corp Ltd (CRCC)<601186><1186>, the second largest state-owned construction company in the country, said on Friday that one of its units and Turkey-based Ozgun Construction and Exc Ltd Co have jointly won a bid for two railway projects in Algeria, Dow Jones Newswires reported....
ALGIERS, Oct 12 - Algeria will renegotiate energy projects currently being developed with foreigners to ensure that the Algerian partner has a majority stake, official media reported Energy and Mines Minister Chakib Khelil as saying...
Egypt's Orascom Telecom has been told by Algerian tax authorities that it owes $596.6 million in outstanding taxes and penalties, and will challenge that decision, the company said on Wednesday.
BEIJING, July 28 - China's state energy group CNPC on Tuesday said it has completed construction of a 10,000-barrel-per-day refinery in Algeria under an engineering and construction contract worth $385 million. CNPC's engineering and construction...
BEIJING, July 15 - China has warned its citizens in Algeria about possible attacks from al Qaeda in retribution for a Chinese government crackdown...
SEOUL, July 5 - Samsung Engineering Co <028050.KS> said on Monday that it secured a $2.6 billion order from Algeria's state-owned energy group Sonatrach to increase and improve the refinery facility in Akikda, Algeria. The...
SEOUL, June 22 - South Korean builder Samsung Engineering said on Monday it had won a 1.6 trillion won ($1.26 billion) refinery project in Algeria. Samsung said in a filing to the Korea Exchange that...
* Industry weak despite state infrastructure spending * Oil, gas are 96 pct of exports and imports have ballooned AIN KEBIRA, Algeria, April 7 - Recently high oil prices mean Algeria's economy is still growing....
* Industry weak despite state infrastructure spending * Oil, gas are 96 pct of exports and imports have ballooned AIN KEBIRA, Algeria, April 7 - Recently high oil prices mean Algeria's economy is still growing....