Algeria's president Abdelmadjid Tebboune has decided to hold presidential election on Sept. 7, the presidency said on Thursday.
Algeria's President Abdelmadjid Tebboune © AMS
Algeria's president Abdelmadjid Tebboune has decided to hold presidential election on Sept. 7, the presidency said on Thursday.
Tebboune was elected in December 2019 for a five-year term and can run for a second and final term, according to the Algerian constitution. Last year, parliament members urged him to do so.
He has not officially announced his candidacy yet.
Reporting by Yomna Ehab and Enas Alashray
As Algeria marks the 63rd anniversary of its independence this July 5, there is little cause for celebration among its citizens. Despite being one of the wealthiest countries in North Africa in terms of natural resources, particularly oil and gas, the country remains mired in stagnation, corruption, and repression.
At least four people died when a vessel capsized while being towed in the Gulf of Suez, one of Egypt's prominent Red Sea oil production sites, the vessel operator's Saudi Arabian owner, ADES Holding Company, said on Wednesday.
The Egyptian government has successfully completed its second sovereign sukuk issuance, valued at $1 billion, as part of its broader strategy to diversify financing tools and investor bases.
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