Dubai's Emaar Properties has closed its office in Algeria due to a lack of progress on its projects in the North African country, the company said on Saturday.

'Emaar created designs for key developments in the country and the master-plans were submitted to the authorities for necessary approval,' Emaar said in a statement.

'Due to a lack of progress which is beyond the company's control, the office set up to drive these projects forward has now been closed,' the company said.-Reuters