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A service for banking industry professionals · Monday, August 10, 2020 · 523,674,880 Articles · 3+ Million Readers
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Algeria Banking Industry News Monitoring Service

  • Published on Aug 9, 2020

    Algeria economy rocked by one-two punch

    ALGIERS — Currency depreciation, inflation, negative growth, businesses closed: Algeria’s economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues. Unless remedial action is taken on a massive scale, a slide into …

    Source: Jordan Times - Uncategorized
  • Published on Aug 3, 2020

    Algeria says to investigate actions targeting stability

    Algerian President Abdelmadjid Tebboune on Sunday ordered an investigation of what the government called planned actions to destabilise the country after a lack of bank liquidity, huge forest fires, and power and water supplies cuts. Elected in December, …

    Source: Middle East Monitor - Right-wing
  • Published on Aug 3, 2020

    Algeria allows first Islamic finance products by state banks

    Algeria said on Sunday it had given the go-ahead to a plan aimed at offering Islamic finance services, as it seeks new funding sources to cope with financial problems caused by a fall in energy revenues. OPEC member Algeria has been affected by the drop in …

    Source: Trends - Neutral
  • Published on Jul 29, 2020

    Jordan banks increase domestic credit to private sector — JSF

    AMMAN —  Licensed banks in Jordan have increased domestic credit to the private sector from 14.8 per cent of GDP in 1965 to more than 78 per cent by the end of 2019, according to the Jordan Strategy Forum (JSF). Relative to GDP, domestic bank credit to the …

    Source: Jordan Times - Uncategorized
  • Published on Jul 21, 2020

    Algerian President discusses Libya Crisis with UN

    Algerian President receives Acting SRSG to discuss the latest developments of the crisis in Libya In a meeting on Saturday in Algiers, the President of the People's Democratic Republic of Algeria, Abdelmadjid Tebboune, and Acting SRSG/Head of …

    Source: Libya Business News - Neutral
  • Published on Jul 23, 2020

    Satoshi Nakaboto: ‘US banks can now hold Bitcoin on behalf of their customers’

    Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Plato used to say: Intelligence is …

    Source: The Next Web - Neutral
  • Published on Aug 6, 2020

    OP-ED: China and Russia in Africa: Development allies or geopolitical opportunists?

    Russian President Vladimir Putin, right, and Chinese President Xi Jinping, left. (Photo: EPA-EFE / Alexei Druzhinin / Sputnik / Kremlin Pool) Introduction China and Russia are the two global powers that are often mentioned in the same breath as …

    Source: Daily Maverick - Neutral
  • Published on Jul 20, 2020

    Algeria aims to reform tax system, targets informal market

    ALGIERS, July 20 (Reuters) - Algeria, seeking new funding sources to offset a drop in energy export revenues, will reform its tax system and try to attract money from the informal market, Prime Minister Abdelaziz Djerad said on Monday. The plan is part of …

    Source: Reuters - Neutral
  • Published on Jul 18, 2020

    Algeria: Public companies lost over $1 bln due to coronavirus

    BEIRUT: Lebanon’s financial adviser Lazard, the US investment bank, will see if a financial rescue plan can be adjusted to reach a compromise workable for the International Monetary Fund, two sources said on Friday.  The move comes as the proposed rescue …

    Source: Arab News - Gov't Propaganda
  • Published on Jul 13, 2020

    Algeria aims to save $20 bln through reforms, lower import spending

    ALGIERS (Reuters) - Algeria, under pressure to ease the impact on its public finances of a drop in oil and gas earnings, aims to save $20 billion this year through reforms and by lowering its imports bill, the government said on Monday. The OPEC member has …

    Source: Reuters - Neutral
  • Published on Jul 6, 2020

    World Bank Downgrades Algeria to Lower-Middle-Income Country

    Rabat – The World Bank’s latest update on country classifications by income level downgraded Algeria from an upper-middle-income country to a lower-middle-income country, one of only three countries to move to a lower income category in 2020.  Algeria’s …

    Source: Morocco World News - Gov't Propaganda
  • Published on Jul 1, 2020

    Algeria Targets Renewables to Diversify Generation

    Algeria, like other countries that are members of the Organization of the Petroleum Exporting Countries (OPEC), wants to diversify its electricity production, and is looking to solar power for the bulk of its new generation capacity. About 98% of Algeria’s …

    Source: POWER magazine - Neutral
  • Published on Jun 24, 2020

    Algeria names new energy and finance ministers

    Algeria named new energy and finance ministers on Tuesday, following a big fall in revenue for the major oil and gas producer after years of budget deficits. Abdelmadjid Attar, a former chief executive of state oil company Sonatrach, is the new energy …

    Source: Middle East Monitor - Right-wing
  • Published on Jun 24, 2020

    Algeria’s government shaken up amid oil, virus troubles

    ALGIERS, Algeria (AP) — Algeria’s president has reshuffled the government to try to fix growing economic problems linked to the… ALGIERS, Algeria (AP) — Algeria’s president has reshuffled the government to try to fix growing economic problems linked to the …

    Source: WTOP - District Columbia - Neutral
  • Published on Jul 31, 2020

    Latest: WHO calls for 'gradual' easing of travel restrictions

    Brazil registers almost 70,000 new cases in a single day India reports 52,123 new infections, a new daily record for the hard-hit country US death toll surpasses 150,000 More than 17 million people have contracted the virus worldwide, resulting in more …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Jul 30, 2020

    Coronavirus latest: Brazil sees record daily rise in cases

    Brazil registers almost 70,000 new cases in a single day India reports 52,123 new infections, a new daily record for the hard-hit country US death toll surpasses 150,000 More than 17 million people have contracted the virus worldwide, resulting in more …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Jun 10, 2020

    In Support of Nomadic Bedouins During COVID-19: Algerian Red Crescent Sends Aids to Al-Oued

    Randa El Ozeir: Everywhere on the planet, we hear news about COVID-19. Despite this fact, some remote places stayed sheltered from the scene without receiving or watching reports about it, thus they were kept in the dark regarding the details of the virus …

    Source: Relief Web - Uncategorized
  • Published on Apr 9, 2020

    Algeria banks to defer payments for coronavirus hit firms

    Algerian banks will defer or reschedule loan payments for firms which have been financially affected by the coronavirus crisis, the country’s central bank said today, Reuters reports. Banks will continue to finance customers benefiting from loan payment …

    Source: Middle East Monitor - Right-wing
  • Published on Jul 27, 2020

    Forex Forecast: Pairs in Focus

    Jul 27, 2020 (MENAFN via COMTEX) -- (MENAFN - Daily Forex) The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to …

    Source: Tradingcharts.com - Neutral
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Interplas | NEC, Birmingham | 29 Sept - 01 Oct 2020

Date: 29-Sep-20 to 01-Oct-20
Location: United Kingdom
Interplas is the UK's largest and leading plastics industry event. A triennial event, over 500 exhibitors invest time and planning into demonstrating the latest machinery, equipment, products and services for visitors to view, test and experience at the show. You will see the entire spectrum of moulding and forming machines in action as well as materials, automation, contract manufacturing and supporting technologies including software, testing, inspection, surface treatments and much more. Add to this a full three days of conferences from some of the industry’s leading brands, authorities and organisations, as well as supplementary seminars, workshops and events, a visit to Interplas ensures you will get value, insight and experience you would not get at your desk.
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