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Algiers is the capital and largest city of Algeria, and the second largest city in the Maghreb (after Casablanca). Algiers is an important economic, commercial and financial centre, with in particular a stock exchange with a capitalisation of 60 billion euros. The port of Algiers is also the most important of North Africa. .Algeria is in Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia. Arid to semiarid; mild, wet winters with hot, dry summers along coast; drier with cold winters and hot summers on high plateau; sirocco is a hot, dust/sand-laden wind especially common in summer. Mostly high plateau and desert; some mountains; narrow, discontinuous coastal plain.The official language is Arabic. Business and administration are conducted in French. The Berber dialect Tamazight, which has the status of a ‘national language' is spoken in the Kabylie region and in parts of Algiers. The main religion is Islam.The economy of Algeria is largely reliant on significant exports of petroleum and natural gas. The reserves are mostly in the Eastern Sahara; the Algerian government curbed the exports in the 1980s to slow depletion; exports increased again somewhat in the 1990s. Algeria trades most extensively with France and Italy, in terms of both imports and exports, but also trades with the United States and Spain. The population in Algiers is 5 Mil (2014 est.), while the inflation rate is 1.71% (2014 est.).