Search Site

Trends banner

Algeria

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.
  • Africa’s largest mosque inaugurated officially in Algeria’s capital

    The vast mosque, which can hold 120,000 worshippers, first opened for prayers in October 2020, but President Abdelmadjid Tebboune was suffering from Covid-19 and did not attend. Known locally as the Djamaa El-Djazair, the modernist structure extends across 27.75 hectares (almost 70 acres), and is smaller only than the two...