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ENSokon Official Launch Date in Algeria Announced
The official Algerian representative for the Asian vehicle company Sokon has announced the official opening date for its brand in Algeria ,Sokon Official Launch in Algeria, According to Sokon Algeria’s official Facebook page, Saturday, December 30th will mark the official launch, showcasing their latest models of…
ENAlgerian External Bank to Provide Islamic Financing for Car Purchases
The Algerian External Bank is set to soon launch a new Islamic banking product aimed at financing various types of enterprises. This initiative is part of a developmental plan that includes the introduction of innovative Islamic financial products for both institutions and individuals in the upcoming year 2024. These…
ENSonatrach Allocates $50 Billion for Investment in the Next Five Years
Sonatrach, Algeria‘s leading energy company, has announced a significant investment of $50 billion for the period 2024-2028. Out of this amount, $36 billion is earmarked primarily for exploration and production activities. During an event commemorating the 60th anniversary of Sonatrach, the CEO, Rachid Hachichi…
ENBrent Crude Oil Surpasses $80 Per Barrel Mark
Read about the surge in oil prices as Brent crude surpasses $80 per barrel. WTI crude also sees an increase. Stay informed on the latest developments in the oil market. Visit dzwatch.net for more insights. The price of oil increased by up to one percent on Friday, as Brent crude futures rose by 86 cents,…
ENRekindling the High Furnace of the Sider El Hadjar Complex in Annaba
The restart process of the high furnace at the Sider El Hadjar Complex in Annaba has commenced after a three-month hiatus, as revealed by the CEO, Karim Boulaioun, on Wednesday. In a statement to the Algerian News Agency, the official explained that the actual entry into production for the high furnace is expected…
ENImportant Statement from “Chery” for Customers who Paid the First Installment
Chery Algeria announces the gradual delivery of cars to customers who paid the first installment. The process aims to simplify car pickup, starting from the first week of January. Exclusive numbering plates for 2024 will be provided. Contact will be made with customers for remaining payments. Chery Algeria has issued…
ENMinister Announces Final Delivery of Exploitation Permits to Investors
Minister of Environment and Renewable Energies, Fazia Dahlab, affirmed the successful delivery of all final exploitation permits within her sector to benefit investors. Waste Management Algeria . In a press statement during her working visit to Tissemsilt province, Minister Dahlab disclosed that her ministry will…
ENInvesting in Growth: Minister of Industry Grants 34 Entrepreneurs Final Exploitation Licenses
Explore the positive strides in Mostaganem’s industrial sector as the Minister of Industry grants 34 entrepreneurs final exploitation licenses, unlocking new opportunities for growth. Discover the province’s potential for groundbreaking projects, starting with the Saidal pharmaceutical factory. Read more at…
ENRevitalizing Economic Activity in Mostaganem: Minister Ali Aoun Takes Action
Minister of Industry and Pharmaceutical Production, Ali Aoun, embarks on a working visit to the province of Mostaganem today, Saturday, to inspect several projects. In line with the Ministry’s outlined strategy to revitalize stalled enterprises, the visit aims to expand various factories, intensify production…
ENAlgeria Offers 50% Travel Discounts for Sports Journalists Covering African Competitions
Algeria has signed a framework agreement with Air Algérie, the national airline, to provide sports journalists with a 50% discount on flights to African sporting events. This agreement will be in effect for five years, with the possibility of renewal. Media outlets wishing to cover African sports competitions will…
ENInternational Forum Concludes with Social Gains and Economic Milestones in Focus
In a recent gathering held under the esteemed patronage of the President of the Republic, Abdelmajid Teboune, the International Forum themed “Social Gains, Economic Challenges” has successfully concluded its proceedings. The forum, hosted at the Abdelatif Rahal International Conference Center, endorsed a series of…
ENTransparent Leadership in Positional Rotation: Focus on Financial Governance in Algeria
The Ministry of Finance, under the leadership of Minister Laaziz Fayed, convened a coordination meeting to assess previous decisions and introduce new directives aimed at enhancing governance and transparency. The discussion covered topics such as transparent appointment processes and the importance of regular…
ENAlgeria’s Energy Minister Engages with Chinese Nuclear Industry Delegation for Enhanced Cooperation
In a significant step towards bolstering Algerian-Chinese nuclear cooperation, Algeria‘s Energy and Mines Minister, Mohamed Arkab, welcomed a delegation from the China National Nuclear Corporation (CNNC), led by the company’s CEO, Yu Jianfeng. The meeting, attended by the Atomic Energy Commissioner and officials from…
ENSubstantial Financial Package for Tindouf to Implement 58 Development Projects
The Algerian Minister of Interior and Local Communities, Ibrahim Murad, revealed a significant financial package allocated for the Tindouf Province as part of the supplementary program for the province. During a meeting with local provincial authorities and elected officials to discuss the province’s supplementary…
ENGara Djebilet Mining Project: A Cornerstone of President Tebboune’s Deep Transformation Policy in Algeria
The Gara Djebilet mine in Tindouf province stands as a key landmark in Algeria‘s policy of deep transformation under President Abdelmadjid Tebboune’s leadership. Gara Djebilet Mining Project. This mine, formed centuries ago and subject to numerous research efforts, has moved from being a long-held dream to reality…
EN“Emergency Amendments to Finance Law Project Demonstrate Algeria’s Democratic Health”
Algerian Finance Minister Laaziz Faid confirmed on Tuesday that the outcome of the emergency amendments to the Finance Law Project for 2024 reflects the “democratic health” of Algeria.Algeria’s Democratic Health In a media statement following the approval of the Finance Law Project by the National People’s Assembly…
ENHigh-Level Ministerial Delegation in Adrar to Launch the Agricultural Investment Forum in the South
A high-level ministerial delegation arrived last night at the Touat-Cheikh Sidi Mohamed Belkebir International Airport in Adrar Province to organize the national forum on agricultural investment in the southern provinces, Agricultural Investment Forum in the South . The governor of Adrar oversaw the reception of the…
ENPresident Tebboune Emphasizes: No Export of Raw Primary Materials
In a firm stance, Algerian President Abdelmadjid Tebboune has emphasized the non-export policy of raw primary materials. During a recent working visit to Tindouf, President Tebboune underlined the importance of respecting deadlines for project completions and conducting periodic evaluations to monitor the progress of…
ENAlgeria Voluntarily Reduces Oil Production
In a strategic move, Algeria has decided to implement an additional voluntary reduction in its oil production by 51,000 barrels per day, starting from January 1, 2024, until the end of March 2024. According to a statement from the Ministry of Energy and Mines, this decision is part of efforts to support market…
ENGara Djebilet: Algeria’s Largest Mining Investment Since Independence
Today, the President of the Republic initiated a working and inspection visit to the Tindouf province by laying the foundation stone for the primary processing plant of iron ore extracted from the “Gara Djebilet” mine. Gara Djebilet mining investment Algeria . This project represents the largest mining investment in…
