Algeria Finance – Algeria Television Sun, 22 Aug 2021 12:55:23 +0000 en-US hourly 1 Algeria Finance – Algeria Television 32 32 Algeria posts 2.3% GDP growth in the first quarter – SABC News Sat, 21 Aug 2021 19:38:23 +0000

Algeria’s gross domestic product (GDP) rose 2.3% in the first quarter of this year, helped by a better performance of the energy sector, official data showed on Saturday, after a contraction of 3.9% a year earlier.

The Algerian economy, a member of OPEC, depends heavily on oil and gas, which represent 9% of its total export earnings and 60% of the state budget.

The country’s oil and gas sector grew 7.5% in the January-March period after contracting 13.3% a year earlier, according to figures released by the National Bureau of Statistics.

The non-energy sector rose 1.4% after declining 1.2% a year earlier, according to the figures.

In June, Algeria’s finance ministry said it expects its economy to grow 4.2 percent in 2021, revising upward the 4 percent forecast announced late last year.

The growth of the oil and gas sector is projected at 10.1% thanks to a “gradual return to economic activity after an improvement in the health situation” linked to the coronavirus, he said in a press release.

Algeria has been under financial pressure due to declining revenues from energy exports, the main source of state funding, forcing the government to try to reduce spending on imports of goods and services.

As a result, the country’s trade deficit reached $ 15.2 billion in the first five months of 2021, down 68% from the same period in 2020, the statement said.

Oil and gas export revenues increased 32.7% during the January-May period, he added, without providing details.

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Global Phenylacetic Acid Market Expected To Record Huge Profits During Forecast Period – KhelPanda Mon, 09 Aug 2021 12:50:59 +0000

Global Phenylic Acid Market (Revenue and Volume), Type, Application, End User and Regional Analysis, Import-Export Analysis, Industry Analysis, Premium Analysis, Global Phenylic Acid Market Revenue and market attractiveness analyzes of intellectual property, competitive landscape, traders / distributors, key buyers, etc. Forecasts for the years 2021-2026

The global Phenylacetic Acid market study offers an in-depth examination of the market on a global and regional scale. The report’s analysis includes historical data (2015-2020) as well as forecast data (2021-2026). The research contains an in-depth examination of the factors influencing the growth of the market. The study assesses the driving forces of the global phenylacetic acid market along with the changing dynamics, which have been cited as a growth driver.

The current and future trends, opportunities, and threats of the Phenylacetic Acid market are also covered in the report. The global phenylacetic acid market is segmented into type, application, and end user segments. The report contains an in-depth qualitative and quantitative review of these components. Some of the tools used to study the market include Value Chain Analysis, Porter’s Five Forces Model, SWOT Analysis, and PESTLE Analysis. The study of the report also includes a comprehensive analysis of the raw material supply from major suppliers, raw material price models and an industry chain review.

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Alembic, White Deer, TUL, Hebei Chengxin, Hebei Zehao Biotechnology, SPI, Jinguan Chemical, Gow Chemical is one of the major companies mentioned in the reports.

The competitive landscape of major players competing in the global Phenylacetic Acid market is covered in this study. It contains information on company history, business strategy, market share analysis, product portfolio, financial overview, gross margin and current progress. Additionally, research is organized to provide critical information on current and future Phenylacetic Acid market trends, organizational requirements, and industry advancements. In addition, the comprehensive study on Phenylacetic Acid helps potential candidates to examine upcoming opportunities in the industry. Investors will gain a good understanding of the major players in phenylacetic acid as well as their future projections. The report also includes information on the strategic advancements of the company, such as product launches, promotional activities and brand developments, as well as companies, acquisitions, mergers and consolidations.

Global Phenylacetic Acid Market By Type (Customizable): Chemical grade PAA, pharmaceutical grade PAA

Global Phenylacetic Acid Market By Application (Customizable): Pesticide, Aroma and fragrance, Penicillin

COVID-19 impact assessment:

The impact of COVID on the growth and development of the market is well illustrated in this research for a better understanding of the Phenylacetic Acid market on the basis of financial and industry analyzes. The COVID-19 pandemic has impacted various markets, including the global phenylacetic acid market. On the other hand, the leading companies in the global phenylacetic acid market are determined to adopt new tactics and seek new financial resources in order to overcome the growing obstacles to the expansion of the market.

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Market size segmentation by region and country (customizable):

• United States of America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain and rest of Europe) (Russia, Netherlands, Switzerland, Poland, Sweden, Belgium, Norway, Austria, Ireland, Denmark, etc.)
• Asia-Pacific (China, Japan, India, South Korea), Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam and other Southeast Asian countries), Rest of Asia -Pacific (Australia, New Zealand, Bangladesh, Kazakhstan, Uzbekistan, etc.)
• Latin America (Brazil, Mexico and the rest of the continent) (Chile, Argentina, Colombia, Peru, etc.)
• GCC countries (Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, United Arab Emirates), South Africa, rest of Middle East Africa (Iran, Turkey, Israel, Egypt, Nigeria, Algeria, Morocco, Kenya , Tanzania, Ghana, Angola, etc.)

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Here are the main points of the report:

1) Market trends

2) A technological advancement plan

3) Policies governing regulation

4) Examine patents

5) Value chain analysis, Porter’s five forces model, PESTLE and SWOT

6) Invisible competitors on the market

7) Competition framework

8) Analysis of competitive rankings

9) Assessment of investment opportunities

10) Analysis of raw materials and marketing techniques

11) Analysis of the manufacturing cost structure

12) List of distributors / traders and buyers

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GKSD President Kamel Ghribi Provides Medical Support To Algeria By Donating Equipment To Support The Fight Against The COVID Pandemic Fri, 06 Aug 2021 11:03:00 +0000

GKSD responded to a call for help from His Excellency Ahmed Boutache the Algerian Ambassador to Italy, with 12 pallets of PPE and oxygen concentrators.

As part of the continued support and solidarity between Italy and Algeria, GKSD President Kamel Ghribi responded to a call for help from His Excellency Ahmed Boutache the Algerian Ambassador to Italy , and the Hon. Mr. Ali REDJEl the Consul General of Algeria in Milan in the ongoing fight against Covid-19. The President of GKSD reiterated his belief that we have a duty to support all nations if we are to dominate COVID-19. Its donation of essential medical equipment, oxygen supplies and medical oxygen plant machinery will allow Algeria to extend supplies and help fight the pandemic.

MALPENSA, Italy and ALGIERS, Algeria, August 06, 2021 (GLOBE NEWSWIRE) – Algeria received a generous donation of anti-Covid drugs and equipment yesterday.

In Algeria, as of January 3, 2020 at 6:44 p.m. CEST, on August 4, 2021, there have been 175,229 confirmed cases of COVID-19 with 4,370 deaths, reported to the World Health Organization.

As part of the continued support and solidarity between Italy and Algeria, GKSD President Kamel Ghribi responded to a call for help from His Excellency Ahmed Boutache the Algerian Ambassador to Italy and the Hon. Mr. Ali REDJEl the Consul General of Algeria in Milan in the ongoing fight against Covid-19. The President of GKSD reiterated his belief that “We have a duty to support all nations if we are to dominate COVID-19. Its donation of essential medical equipment, oxygen supplies and medical oxygen concentrators will help Algeria fight the pandemic. “

Among the 12 pallets received were oxygen concentrators, which are devices that concentrate oxygen from a gas supply by selectively removing nitrogen to provide an oxygen-enriched product gas stream and multiple cylinders. oxygen, which are at high pressure, non-reactive. , seamless, hardened steel containers for compressed gas (O2) used for medical, therapeutic or diagnostic purposes. It provides supplemental oxygen to maintain aerobic metabolism during patient transport. Indispensable PPE kits were also part of the shipment.

GKSD also recently donated to Tunisia during the government transition, as violent Covid protests intensified on the streets.

About GKSD
GKSD offers expertise and advice to clients at every stage of the project in a wide range of industries ranging from healthcare, engineering and construction, project monitoring and sustainable energy to tax, administrative advice. and insurance.

We believe it all starts with the customer. At GKSD, we have an “end-to-end” approach to project engagement and provide expert information and advice to clients from planning phase to execution and completion. By offering our expertise in all sectors, we help the client to identify the desired outcome and to implement the best resources that will guarantee delivery.

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Kenya to receive batch of J&J vaccines Wed, 04 Aug 2021 05:42:11 +0000

Kenya is among 17 African countries that will receive 6.4 million doses of Johnson & Johnson Covid-19 vaccine this month.

This follows the World Bank’s approval of $ 2 billion in funding to the initiative of the Africa Vaccine Procurement Task Force (Avatt) which has secured up to $ 400 million. vaccine doses.

There is a commitment for 220 million more doses with the option of 180 million more. The last shipment is expected in the next two to three weeks.

Kenya’s vaccine working group chairman Dr Willis Akhwale said the actual number of doses the country will receive will be known later. But a few months ago, he said the team had ordered two million doses.

“I’m scheduled for a meeting about this tomorrow [today] and I know they will communicate the final decision they made on the number of doses allocated to Kenya, ”said the president.

The other beneficiaries are Angola, Botswana, Cameroon, Egypt, Ghana, Guinea, Lesotho, Mauritania, Mauritius, Namibia, Rwanda, Senegal, South Africa, Togo, Tunisia and Zambia.

During the virtual meeting of finance and health ministers with the World Bank and Avatt on Sunday, Strive Masiyiwa, the African Union special envoy for Covid-19, said the funding allows countries to buy vaccines via Gavi-Covax.

The organization has been appointed by the World Health Organization to oversee the procurement, allocation and distribution of vaccines in 92 countries that have subscribed to the Covax facility.

“The vaccine will be shipped on a monthly basis. Once a country has fulfilled its ordering obligations, it will receive a schedule of monthly deliveries through Unicef,” Masiyiwa said.

With the funding, African countries should now move faster and apply for funds to ensure their populations are vaccinated, said Dr Vera Songwe, UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (CEA),

The partnership will accelerate access and deployment of vaccines in Africa, said Axel Van Trotsenburg, managing director of operations at the World Bank.

Money from the World Bank will help countries deploy vaccines effectively, including expanding storage and establishing a cold chain.

Only 17 African countries have ordered and fulfilled all delivery conditions, said Prof Benedict Oramah, president of the African Import-Export Bank.