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EN“Southern Hydrogen Corridor” Project: Mr. Rachid Hachichi Participates in Business Forum in Rome
Algiers – The President and CEO of Sonatrach, Mr. Rachid Hachichi, participated on Tuesday, January 21, 2025, in a business forum held in Rome, Italy. The forum brought together companies from countries involved in the “Southern Hydrogen Corridor” (SoutH2 Corridor) project, according to a statement released by…
ENRehabilitation and Expansion of the Green Dam: Positive Progress Achieved Since the Project’s Relaunch
Algiers – Since the official relaunch of the Green Dam rehabilitation and expansion project in 2023, evaluations have indicated “positive” progress, according to Algeria‘s Ministry of Agriculture, Rural Development, and Fisheries. The initiative, which is deemed a strategic priority for public authorities, aims to…
ENAlgiers Stock Exchange: Public Offering of 44.2 Million New Shares of Banque de Développement Local
Algiers – On Monday, January 20, 2025, Banque de Développement Local (BDL) officially launched its capital-opening process through a public offering on the Algiers Stock Exchange. The process involves the sale of 44.2 million new shares at a price of 1,400 DZD per share. The issuance, which runs until February 20…
ENTrade Minister Calls for Zero Tolerance Against Speculation and Hoarding to Ensure Market Stability
Algiers – Algeria’s Minister of Domestic Trade and Market Regulation, Mr. Tayeb Zitouni, emphasized on Saturday the critical importance of vigilance and a strict stance against all forms of speculation and hoarding. This approach, he stated, is essential to maintaining market stability and protecting citizens’…
ENMinister Ghrib Discusses Advancing Algeria’s Electrical and Electronics Industries with Economic Operators
Algiers – On Saturday, Algeria’s Minister of Industry and Pharmaceutical Production, Mr. Seifi Ghrib, held a meeting with public and private economic operators active in the electrical and electronics industries. The meeting aimed to develop a joint roadmap to organize and advance these high-value-added industrial…
ENAlgeria’s 2025 Finance Law Introduces Tax Measures to Boost Cinematic Industry
Algiers – The 2025 Finance Law, published in Official Gazette No. 84, has introduced new tax measures aimed at supporting and promoting Algeria‘s national cinematic industry. These measures include various levies allocated to the “National Fund for the Development of the Cinematic Industry and its Technologies,”…
ENMining: Algeria and Tunisia Discuss Strengthening Bilateral Cooperation
Algiers – On Thursday, January 16, 2025, the Secretary of State to the Minister of Energy in charge of Mining, Ms. Karima Tafer, held talks with Tunisia’s Minister of Industry, Mining, and Energy, Ms. Fatma Thabet Chaiboub. The discussions, which took place on the sidelines of the 4th International Mining Conference…
ENStartups: Exploring Ways to Strengthen the Role of the Algerian Diaspora in the Country’s Economic Dynamism
Algiers – The Secretary of State to the Minister of Foreign Affairs, in charge of the National Community Abroad, Mr. Sofiane Chaib, held discussions on Thursday, January 16, 2025, with the Minister of Knowledge Economy, Startups, and Microenterprises, Mr. Nourredine Wadah. The talks, which took place in the capital…
ENRenewable Energy: Nordine Yassa Meets with Amidal Foundation President, Winner of International Housing Award
Algiers, January 15, 2025 – Nordine Yassa, Secretary of State to the Minister of Energy in charge of Renewable Energies, welcomed on Wednesday Ahmed Nouh, President of the Amidal Foundation, which recently won the bronze medal in the International Housing Award organized in partnership with UN-Habitat. The meeting…
ENMinistry of Finance Holds Working Meeting to Boost Venture Capital Activity in Algeria
Algiers, January 15, 2025 – Algeria’s Minister of Finance, Laaziz Faid, chaired a working meeting on Wednesday focused on assessing the state of venture capital activity in Algeria and identifying strategies to enhance its role in meeting the financing needs of the national economy. According to a statement from the…
ENSonatrach to Support Niger’s Sonidep in Building a Refinery and Petrochemical Complex
Algiers, January 15, 2025 – Algeria’s national oil company, Sonatrach, has reached an agreement with Niger’s Sonidep to provide technical expertise and support for the launch of a refinery and petrochemical complex in the city of Dosso, located in southwestern Niger. This collaboration marks a significant step in…
ENChinese Interest in Collaboration with Algeria for Green Hydrogen Production
On Tuesday, Secretary of State for Renewable Energies, Nourredine Yassa, hosted He Hong San, Executive Vice President of the Chinese energy company “CPECC,” at the Ministry of Energy headquarters. The meeting was also attended by senior ministry officials. According to a statement from the ministry, the discussions…
ENSonelgaz Refutes Claims About Photovoltaic Solar Equipment Contracts
Sonelgaz, Algeria‘s leading energy company, issued a statement on Tuesday denying reports about a purported contract with an Italian company for the supply of equipment used in photovoltaic solar energy production. The statement, released by Sonelgaz Renewable Energies, clarified that only the group’s official…
ENAlgiers International Airport to Open Duty-Free Shop by Late March
The CEO of the Algiers Airport Management Company, Mokhtar Saïd Mediouni, announced the upcoming opening of a duty-free shop at Algiers International Airport by the end of March. This announcement follows the signing of a lease agreement on Tuesday for a 2,400-square-meter space dedicated to the project. The contract…
ENPresident Tebboune Calls for Vigilance to Ensure Market Stability During Ramadan
Algiers – During a Council of Ministers meeting on Monday, January 13, 2025, President Abdelmadjid Tebboune issued directives emphasizing the need for heightened vigilance to safeguard market availability and prevent disruptions during the upcoming holy month of Ramadan. According to a statement from the Council, the…
ENAir Algérie Offers 50% Discounts on International Flights During Ramadan
Algiers – Air Algérie announced on Monday a 50% discount on economy-class tickets for international flights scheduled during the upcoming holy month of Ramadan, according to a company statement. As part of its commitment to serving its customers and supporting Algerian citizens, the airline introduced a special…
ENNational Micro-Enterprise Expo: Entrepreneurs Share Their Success Stories
Algiers – The first edition of the National Micro-Enterprise Expo, held since Thursday at the Exhibition Palace in Pins Maritimes, Algiers, has provided a platform for beneficiaries of microloans to share their inspiring success stories with the public. The funding provided by the National Agency for Microloan…
ENMinister Laaziz Faid Chairs Islamic Development Bank Governors’ Meeting in Medina
Algiers – The Minister of Finance, Laaziz Faid, chaired a meeting on Sunday in Medina, Saudi Arabia, attended by the finance ministers of the 57 member countries of the Islamic Development Bank (IsDB) Group. The meeting focused on the strategic framework for the upcoming decade (2025-2035), according to a statement…
ENNational Maritime Passenger Transport Company: Changes in Next Week’s Sailing Schedule
Algiers – The National Maritime Passenger Transport Company announced on Friday that it has made adjustments to its sailing schedule for the upcoming week due to expected adverse weather conditions. According to the company’s statement, the Algiers-Marseille voyage originally scheduled for January 12 has been…
ENFinance Minister Faïd Participates in Strategic Framework Forum for Islamic Development Bank in Medina
Date: Friday, January 10, 2025Category: Economy Algiers – Algeria’s Minister of Finance, Laaziz Faïd, is participating in a consultative forum on the future strategic framework of the Islamic Development Bank (IsDB) Group in Medina, Saudi Arabia, from January 10 to 13. He attends in his capacity as Chairman of the…
