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ENMinister of Labor: We Are Working on Arrangements to Support Purchasing Power
Minister of Labor, Employment, and Social Security, Faisal Ben Taleb, revealed that the government aims to expand social coverage to include the largest number of citizens. In his speech during an information day on the sector’s achievements and international awards in the field of digitization, held today, Thursday…

ENPartnership Agreement Between the Algerian Olympic Committee and Air Algérie
Today, the Minister of Youth and Sports, Abdel Rahman Hammad, along with the Minister of Transport, Mohamed Habib Zahana, oversaw the signing of a partnership agreement between the Algerian Olympic and Sports Committee, represented by Secretary General Khireddine Barbari, and the CEO of Air Algérie, Hamza Ben Hamouda…

ENLNG: Algeria Ranks Seventh Globally in Production Capacity
Algiers – Algeria has secured the seventh position globally in terms of liquefied natural gas (LNG) production capacity, with an output of 25.5 million tons per year as of the end of February, making it the leading African nation in this ranking. According to a report by the International Gas Union (IGU), Algeria is…

ENStrategic Partnership Agreement Between SAMHA and Haier
Today, SAMHA, a subsidiary of the Cevital Group, signed a strategic partnership agreement with the globally renowned Chinese company Haier, which specializes in home appliances. The agreement aims to transform the home appliance sector in Algeria, as well as in the Middle East, Africa, and other international markets…

ENHousing: Launch of the Online Registration Platform for “AADL 3” Program
Algiers – The General Directorate of the National Agency for Housing Improvement and Development “AADL” launched the digital platform for the 2024 rental-purchase program “AADL 3” on Thursday in Algiers. Registration on this platform will commence on Friday at 9 PM. This platform, accessible via a website and an…

ENEgyptian Investments in Algeria Set to Increase
The Minister Plenipotentiary and Head of the Commercial Office at the Egyptian Embassy in Algeria, Yasser Qarni, revealed on Wednesday that many Egyptian companies are aiming to invest in Algeria by opening factories. He highlighted the recent increase in trade exchanges between the two countries. During a…

ENHashishi Urges Sonatrach Executives to Join the “Preventive Battle”
Rachid Hashishi, the President and General Manager of Sonatrach, oversaw the opening of an awareness meeting on Monday about the “Cyber Risks and Threats” targeting institutions. In his address, Hashishi emphasized that Sonatrach must now, more than ever, take the necessary measures to protect its facilities and…

ENAlgeria Poised to Attract Significant Foreign Investments
Participants in the “International Economic Forum for Strategic Partnerships,” held in Algiers on Saturday, emphasized that the advantages Algeria offers to investors, thanks to recent economic reforms, make it well-positioned to attract significant foreign investments. Speakers at the forum, organized by the Algerian…

ENRising Oil Prices
Oil prices rose in early Asian trading on Friday, heading for gains for the third consecutive week despite concerns about global supply disruptions. Brent crude futures for August delivery, expiring today, increased by 15 cents, or 0.2%, to $86.54 per barrel. The Brent contract for September rose 0.2% to $85.44 per…

ENAlgerian Customs Delegation Participates in World Customs Organization Council Meeting in Brussels
Algiers – Starting today, Thursday, an Algerian customs delegation is participating in the 143rd and 144th sessions of the Customs Cooperation Council of the World Customs Organization (WCO), being held in Brussels, Belgium, according to a statement from the General Directorate of Customs. The statement noted, “In the…

ENCanadian Delegation Visits Algerian Economic Renewal Council
A Canadian delegation comprising several business leaders visited the headquarters of the Algerian Economic Renewal Council. Led by the Canadian Ambassador to Algeria, Michael R. Callan, the delegation’s visit on Tuesday coincided with their participation in the 55th International Algiers Fair, held from June 24 to 29…

ENMemorandum of Understanding Between the Algerian Petroleum Institute and Total Energies
The Algerian Petroleum Institute, part of the Sonatrach Group, signed a three-year Memorandum of Understanding with Total Energies Exploration & Production Algeria. According to a statement by Sonatrach, the memorandum, signed at the headquarters of the Algerian Petroleum Institute in Boumerdès, aims to support and…

ENFive New Areas of Cooperation Between Algeria and Turkey
Minister of Trade and Export Promotion, Tayeb Zitouni, emphasized Algeria‘s eagerness to deepen and expand its partnership with Turkey, particularly in promising productive sectors. In his speech at the opening of the Algerian-Turkish Businessmen Forum on Monday, Zitouni outlined five new areas of cooperation…

ENCooperation Agreement to Enhance Economic Operators’ Knowledge
Today, Sunday, Minister of Trade and Export Promotion Tayeb Zitouni, alongside Minister of Foreign Affairs and National Community Abroad Ahmed Attaf, oversaw the signing of a framework agreement between the Algerian Chamber of Commerce and Industry and the Diplomatic Institute for International Relations. The…

ENSoukrel Implements Special Program for Eid al-Adha
The National Company for the Operation and Management of Land Passenger Transport Stations, “Soukrel,” has developed a special program for Eid al-Adha, including the scheduling of 4,800 long-distance trips across various land stations, according to a company statement. The statement detailed that Soukrel has set up an…

ENOil prices rise
Oil prices rose on Wednesday, supported by upbeat demand forecasts from the U.S. Energy Information Administration (EIA) and OPEC, and data showing U.S. crude inventories fell more than expected last week. EIA raised its forecast for global oil demand growth in 2024 to 1.10 million barrels per day (bpd) from its…

ENMinister of Finance Highlights Customs’ Role in Implementing National Economic Policy
Finance Minister Laaziz Faid emphasized that the Customs Authority is pivotal in implementing the country’s economic policy by facilitating trade exchanges and enhancing methods to combat fraud and smuggling. During his oversight of the National Meeting “Customs-Justice,” Faid stated that the Algerian Customs…

ENMinister of Industry Highlights Algeria’s Incentives for Investors from Russia
Minister of Industry and Pharmaceutical Production, Ali Aoun, participated on the sidelines of the St. Petersburg International Economic Forum, in an Algerian-Russian working session. He highlighted the various facilities that Algeria provides to both national and foreign investors to implement their projects in all…

ENThe National Economic, Social, and Environmental Council to Soon Present an Environmental Report to the President
Algiers – The President of the National Economic, Social, and Environmental Council, Rabia Kherfi, announced on Wednesday in Algiers that the council will soon present a new report dedicated to the environment in Algeria to President Abdelmadjid Tebboune. Kherfi made this statement on the sidelines of a national…

ENSonatrach Participates in Baku Energy Week
Sonatrach is participating with a high-level delegation in the “Baku Energy Week 2024” event, held in Baku, the capital of the Republic of Azerbaijan, from June 4 to 6, 2024. According to a statement from Sonatrach, the forum is one of the most prominent annual events in the energy industry, serving as a platform that…


