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ENAlgeria Launches Brake Pad Manufacturing Plant to Boost Industrial Production
Algeria’s Prime Minister, Seifi Ghrieb, acting on behalf of President Abdelmadjid Tebboune, officially inaugurated on Wednesday in Algiers a new factory dedicated to the production of brake pads and related components. The ceremony took place in the Rouiba industrial zone, in the presence of a ministerial delegation…
ENAlgeria’s Finance Ministry Denies Rumors on Travel Allowance Changes
Algeria’s Ministry of Finance has firmly denied circulating claims on social media suggesting a possible revision or cancellation of the new travel allowance measures and a return to the previous system. In an official statement released الأربعاء, the ministry clarified that the document being shared online and…
ENAlgeria Signs Industrial Partnerships and Launches Brake Manufacturing Plant in Algiers
Algeria’s Prime Minister, Seifi Ghrieb, presided on Wednesday in Algiers over the signing ceremony of two industrial cooperation agreements in the field of mechanical subcontracting. The agreements were concluded between Maintenance Company of the East (a subsidiary of the GICA Group) and both Stellantis Algeria and…
ENEnergy Minister Reviews Partnership Projects and Sector Progress
Algeria’s Minister of Energy and Renewable Energies, Mourad Adjal, chaired a working meeting on Monday at the ministry’s headquarters to examine several key files related to partnerships and sector activities. According to a statement from the ministry, the meeting brought together central executives along with…
ENOil Prices Rebound as Markets Eye Progress in Iran Talks
Oil prices rose by more than 1.5% on Tuesday, recovering part of the losses recorded in the previous trading session, as markets awaited potential progress in negotiations aimed at easing tensions involving Iran. As of 04:44 a.m. GMT, Brent crude futures climbed by 1.53%, reaching $85.05 per barrel. Meanwhile, U.S…
ENAlgeria Launches Digital Platform to Streamline Services Import Procedures
Algeria’s Minister of Foreign Trade and Export Promotion, Kamel Rezig, chaired a workshop on Sunday in Algiers dedicated to presenting and explaining the mechanisms for using a newly launched digital platform designed to manage and monitor services import operations. According to a statement from the ministry, the…
ENAlgeria Strengthens Coordination to Improve Economic Land Management and Support Investment
The Director General of the Algerian Investment Promotion Agency (AAPI), Omar Rekkache, chaired a coordination meeting on Sunday with officials from the three national agencies responsible for the development and management of economic land. According to an official statement, the meeting brought together…
ENOil Prices Decline Amid Middle East Tensions
Oil prices fell on Friday as markets closely monitored developments in the Middle East and the ongoing escalation between the United States and Iran, which continues to create uncertainty in global energy markets. Brent crude futures dropped by $1.03, or 1.2 percent, settling at $88 per barrel. Meanwhile, U.S. West…
ENAlgerian Insurance Company Raises Share Capital to DZD 40 Billion
The Algerian Insurance Company has announced an increase in its share capital from DZD 35 billion to DZD 40 billion, strengthening its financial position and supporting its future development plans. According to a company statement issued on Thursday, July 30, 2026, the DZD 5 billion increase will be carried out…
ENTonic Industrie Completes Fourth Export Shipment to Tunisia in 2026
Tonic Industrie is continuing to successfully implement its 2026 export programme after completing its fourth shipment to Tunisia, reinforcing the presence of Algerian products in regional markets. The latest operation involved the export of more than 500,000 high-quality packaging products, transported aboard four…
ENAlgeria Opens National Fruit Export Exhibition to Boost Agricultural Exports
Algeria’s Ministry of Foreign Trade and Export Promotion officially opened the National Exhibition of Algerian Fruits for Export on Thursday in the province of Sidi Bel Abbès, highlighting the country’s growing ambitions to expand agricultural exports and diversify its economy beyond hydrocarbons. The exhibition was…
ENBank of Algeria Orders Faster Processing of Export Transactions
The Bank of Algeria has issued a new directive requiring commercial banks to process and register all export transactions for goods and services within a maximum of 48 hours after receiving a complete application file. The measure forms part of the central bank’s broader efforts to promote exports, facilitate…
ENOoredoo Algeria Reports Strong Financial Growth in First Half of 2026
Ooredoo Algeria has announced robust financial results for the first half of 2026, posting significant growth in revenue, profitability, customer numbers, and investment as the company continues to strengthen its position in the Algerian telecommunications market. According to the company, its performance reflects a…
ENAlgeria and Chad Strengthen Cooperation in Mining and Mineral Industries
Algeria has expressed its readiness to share institutional and technical expertise with Chad in the mining sector as both countries seek to strengthen economic cooperation and support sustainable development. Algerian Minister of Mines and Mining Industries Mourad Hanifi made the remarks on Saturday while receiving a…
ENAlgeria and Argentina Discuss Expanded Cooperation in Nuclear Energy for Medical Use
Algerian Minister of Energy and Renewable Energy Mourad Adjal held talks on Sunday with Dario Quissi, Director General of Argentina’s INVAP, to discuss cooperation in the field of nuclear energy for medical applications. The meeting took place at the ministry’s headquarters and focused on strengthening collaboration…
ENAlgeria Plans Integrated Export Logistics Platforms to Boost Non-Hydrocarbon Trade
Algeria is moving forward with plans to strengthen its export infrastructure as part of a broader strategy to diversify the economy and increase non-hydrocarbon exports, Minister of Foreign Trade and Export Promotion Kamel Rezig announced. According to a ministry statement, Rezig chaired a high-level working meeting…
ENAlgeria Launches First Presidential Award for the Country’s Best Startup
Algeria’s Ministry of the Knowledge Economy, Startups and Micro-Enterprises has officially opened applications for the first edition of the President of the Republic’s Award for Best Startup, a new national competition designed to recognize and support the country’s most innovative entrepreneurial ventures. According…
ENOil Holds Above $100 as Middle-East Tensions Fuel Fourth Straight Weekly Gain
Oil prices stayed comfortably above the psychological $100-per-barrel mark on Friday, poised for a fourth consecutive week of gains as markets priced in heightened risks to crude flows through the Red Sea, the Strait of Hormuz and other key chokepoints. Brent futures slipped just 53 cents, or 0.53 %, to $100.16 a…
ENAlgeria Tightens Currency-Declaration Rules for Travellers
Algeria has introduced a new ministerial order—published in issue 51 of the Official Gazette—that overhauls how travellers must declare cash, precious metals and other bearer instruments when entering or leaving the country. Under the measure, every traveller must now submit a written declaration at the relevant…
ENAlgeria’s Ammar Ben Jamaâ Unanimously Elected President of UN ECOSOC for 2027
Algeria scored a fresh diplomatic victory at the United Nations this week after Ambassador Ammar Ben Jamaâ, the country’s Permanent Representative in New York, was elected by acclamation to head the UN Economic and Social Council (ECOSOC) for the 2027 session. Ben Jamaâ’s election, carried out by consensus among all…
