News Algeria Savings: Algeria launches first sovereign sukuk to raise $2.3bn for public projects
Algeria issued its first sovereign sukuk worth about $2.3bn to fund development projects. The 7-year sukuk offers a fixed annual return of 6%, paid as rent and tax-exempt. Authorities aim to tap ...
News Algeria Savings: Algeria Advances Islamic Finance with Issuance of Its First Islamic Government Bonds
Algeria has taken a strategic step toward developing Islamic finance and diversifying funding sources by launching its first sovereign Islamic bonds in early 2026, aiming to attract off-bank savings and strengthen the capital market.
News Algeria Savings: Europe Can Diversify From Russia Faster Than Believed: Draghi
The European Union can diversify away from Russia in natural gas faster than previously believed, the Prime Minister of Italy, Mario Draghi, said this weekend ...
News Algeria Savings: Prospects for local manufacturing of COVID-19 vaccines in Africa
Without local manufacturing of COVID-19 vaccines, many low- and middle-income countries have been left in vulnerable positions. This year, the levels of local production are slated to ramp up.
News Algeria Savings: Citi launches sustainability-linked supply chain financing in Algeria
Citi has launched its first Middle East and North Africa (MENA) Sustainability-linked Supply Chain Finance (SSCF) program in Algeria with the aim of supporting clients as they advance their ESG ...
News Algeria Savings: UN envoy visits Western Sahara camps in new peace push
The U.N. envoy for the disputed Western Sahara visited refugee camps in Algeria on Saturday housing those displaced by fighting decades ago, in a renewed effort to find a ...
