Iranian banks to open branches in Munich

Middle East economy dz breaking - September 4, 2016

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Three Iranian banks reportedly to open branches in Munich in the near future in what is expected to help stimulate business ties, according to German media.

Middle East IMF Deputy on a working visit in Algeria

Middle East economy dz breaking - July 11, 2016

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The International Monetary Fund’s Deputy Director of the Middle East and Central Asia Department Adnan Mazarei starts a two-day visit to Algeria on Sunday, to meet with officials of Ministry of Finance and the Bank of Algeria said Monday the financial institution, APS reported.

Saudi Arabia must stop the funding of mosques abroad (German vice chancellor)

Middle East economy dz breaking - December 6, 2015

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The German Vice Chancellor Sigmar Gabriel said Sunday that Saudi Arabia should stop funding fundamentalist mosques abroad who are accused of feeding extremism.

Growth in oil countries showered by falling prices (IMF)

Middle East economy dz breaking - April 15, 2015

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Algiers- the International Monetary Fund (IMF) Tuesday cut its growth forecasts in 2015 for oil-exporting countries in the Middle East and Africa due to the fall in crude prices, conflict and persistent uncertainties.

Money Laundering: 600 suspicious transaction reports received by the CTRF

Middle East economy dz breaking - November 29, 2011

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Algiers - Six hundred reports of suspected money laundering in the first half of 2011 were forwarded to the CTRF (Financial Intelligence Processing Unit), according to its president Abdenour Hibouche in a statement to the press agency APS.

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