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Top related persons:
Abdelmadjid Tebboune - 1 Aimene - 1 Mohamed Labaoui - 1 Benabderahmne's - 1 Tebboune's - 1 Abdelaziz Bouteflika - 1 Tebboune - 1 ” - 1
Top related locs:
ALGIERS Algeria Tebboune Ukraine Europe East North Africa Gaza
Top related orgs:
Saturday - 1 handball team - 1 United Nations - 1

Search resuls for: "Tebboune's"


2 mentions found


☆ Algerian President Names a New Prime Minister Ahead of Elections Next Year
  + stars: | 2023-11-12 | by ( Associated Press | Nov. | At P.M. | ) www.usnews.com   time to read: +3 min
ALGIERS, Algeria (AP) — Algerian President Abdelmadjid Tebboune on Saturday dismissed the country's prime minister and replaced him with the head of his cabinet as the country struggles with inflation and next year's national elections approach. Benabderahmne's sacking comes three years into Tebboune's tenure and is the latest upheaval to shape North African politics. In August, Tunisia's president dismissed his prime minister, while the head of Algeria's powerful state-run oil company and eight of his vice presidents were dismissed several weeks ago. For Tebboune, the changing of the guard takes place at a time of economic anxiety and ahead of next year's presidential elections. Larbaoui, the incoming prime minister, rose from being an athlete on Algeria's national handball team to a member of the country's diplomatic corps, having served as Algeria's ambassador to Egypt and the United Nations.
Persons: Abdelmadjid Tebboune, Aimene, Mohamed Labaoui, Benabderahmne's, Tebboune's, Abdelaziz Bouteflika, Tebboune, ”, Larbaoui Organizations: Saturday, handball team, United Nations Locations: ALGIERS, Algeria, Tebboune, Ukraine, Europe, East, North Africa, Gaza, Israel, Egypt
☆ Algeria businesses hope government will stay the course on reforms
  + stars: | 2022-10-23 | by ( Lamine Chikhi | ) www.reuters.com   time to read: +5 min
As Algeria's foreign currency reserves fell by two thirds in six years and the long-term risk of unrest grew, President Abdelmadjid Tebboune's government pushed reforms to strengthen the private sector, boosting local businesses. He passed some reforms but now enjoys high demand for Algerian energy and surging revenues. Free zones are going to be set up, customs code has been changed to make it more attractive for foreign investment, we have a new investment code," Agli said. A former government adviser on economic affairs said the authorities understood the need to press ahead with reforms despite the increase in energy revenue this year. We are running short of time because oil prices are so volatile and a global recession is a likely scenario," the former adviser said.
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