Algeria Financial Services

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Articles & Analysis | Pharmaceuticals from The Report: Algeria 2016

 

SAIDAL was created after the acquisition of several factories located in the Algiers suburbs and the complete restructuring of the Central Pharmacy of Algeria in April 1982. Six years later the antibiotic complex located in Medea, designed by the National Company of Chemical Industries, was allocated to SAIDAL. Following the implementation of...

 

For nearly two decades Algeria’s securities markets have remained in a nascent state of development, with relatively few investors or listed securities. But as authorities look to alleviate pressure on state finances and generate new sources of capital and investment opportunities for public and private enterprises alike, the country’s under-...

 

How would you assess the outlook for Algeria’s financial markets over the medium term?

Articles & Analysis | Food processing from The Report: Algeria 2016

 

Nouvelle Conserverie Algerienne (New Algerian Canning, NCA) was founded in 1966 in the wake of the Algerian revolution as a food processing and canning company. The company’s initial product lines included jams, tomato paste as well as chilli paste in the form of harissa. Nearly two decades after beginning operation, NCA launched a new fruit...

 

What has been the impact of reduced oil revenues on the insurance sector?

 

The drastic oil price decline as of mid-2014 had a considerable impact on Algeria’s domestic and external balances, reflected in record current and fiscal deficits and, consequently, in the significant erosion of fiscal savings and reserves. Subsequently, the shock leaked to the banking sector, through sustained liquidity contraction.

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