Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Algeria party leader criticises UAE’s regional role

Abdelkader Bengrina
  • Bengrina accused the UAE of focusing its regional role on promoting the normalization of ties with Israel and influencing other Arab nations through financial means
  • He alleged that the UAE's actions, driven by financial incentives, have led to discord and turmoil in several countries, including Morocco, Niger, Mali, Libya, and Tunisia

Algiers, Algeria – Abdelkader Bengrina, the leader of Algeria’s National Construction Movement and a member of the government coalition, has reiterated his criticism of the United Arab Emirates’ (UAE) involvement in the Maghreb and Sahel region, citing concerns over the tensions it creates for Algeria.

Speaking during the National Symposium for Future Cohesion and Security, Bengrina accused the UAE of focusing its regional role on promoting the normalization of ties with Israel and influencing other Arab nations through financial means. He alleged that the UAE’s actions, driven by financial incentives, have led to discord and turmoil in several countries, including Morocco, Niger, Mali, Libya, and Tunisia.

Bengrina said: “Wherever the UAE goes in any region, it creates tensions for the Algerian state, whether it’s through its movements inside Morocco, Niger and Mali, or the chaos that is taking place in Libya, or the ominous movements, as I said earlier, in Tunisia.”

Highlighting his previous warnings about the UAE’s influence on Tunisia, Bengrina expressed confidence in President Kais Saied’s resistance to normalization with Israel. However, he cautioned that the UAE might attempt to exploit political divisions within Tunisia.

The Algerian party leader called for vigilance and solidarity with President Saied to prevent any attempts at political manipulation or blackmail. He underscored the importance of Algeria standing beside Tunisia to safeguard its sovereignty and political autonomy.