ALGIERS, Algeria - Algeria and Russia signed six deals Wednesday in sectors including energy and transportation during a visit by Russian President Dmitry Medvedev.
CAIRO - Egyptian telecom giant Orascom Telecom said Thursday its Algeria unit has been hit with a $230 million preliminary tax reassessment, marking a new and increasingly acrimonious chapter in the company's relations with the North African nation.
NEW YORK - Stocks fell Wednesday after new home sales dropped 33 percent last month to a record low following the end of homebuyer tax credits.
ALGIERS, Algeria - Amid a growing corruption scandal, Algeria's president has fired the CEO and all top managers at the state-owned oil firm that dominates the North African country's economy, local media reported Monday.
ORAN, Algeria - Ministers from the world's biggest natural gas-producing countries, worried about slumping prices, agreed on Monday to work to index gas to oil, Russian Energy Minister Sergei Shmatko said.