The aim of the capital expansion is to meet regulatory requirements in an executive decree requiring 2bn ($26m)
Algerian dinars of capital to insure property and capital.
The package of tender documents was offered (for $250 each in the case of a foreign firm or for a sum in
Algerian dinars in the case of a local investor) before a technical presentation in Algiers on June 18 of that year.
Algerian newspaper El Khabar on Wednesday quoted Telecommunications Minister Moussa Benhamadi as saying: "The company (Lacom) has to pay all its outstanding debts, including 30 million
Algerian dinars ($408,000).
4 billion
Algerian dinars, Directorate General of Taxes (DGI) officials told APS on Tuesday.
Summary: Investments for the production of electrical energy will reach some 3,000 billion
Algerian dinars by the year 2019, National Electricity and Gas Company (Sonelgaz) CEO Noureddine Bouterfa pointed out on Tuesday.
Summary: The regular tax revenue totalled 1,000 billion
Algerian dinars in the first eleven months of 2009, up 25 percent over the same period a year earlier, announced Sunday Abderrahmane Raouya, Director General of the Finance Ministry's taxation department.
7 percent compared to a year earlier, marks the closing phase of the overall cost of projects included in the supplementary growth support programme and in the South and High Plateaux programmes for 2005-2009, to 13,610 billion
Algerian dinars, noted the report.
5 billion
Algerian dinars to be held up to 59 percent by BEA, 35 percent by BES and 6 percent by Swicorp.
4 billion
Algerian dinars in 2008, up 10 percent compared to a year earlier, the airline company's CEO announced on Wednesday.
