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Algeria Launches Massive Export Drive Across 13 Wilayas This Saturday
Algeria is set to launch over 35 export operations for ‘Made in Algeria’ products across 13 wilayas this Saturday, covering a diverse range of goods including home appliances, agricultural products, and industrial materials destined for multiple international markets. Minister Kamal Rezig will officially launch the…
Algeria Launches Largest-Ever Non-Hydrocarbon Export Drive Targeting 19 Countries
Algeria launched on Saturday its largest-ever non-hydrocarbon export operation, dispatching a diverse range of nationally produced goods to 19 countries across four continents, in a landmark step toward diversifying the national economy and reducing dependence on oil and gas revenues. The Ministry of Foreign Trade and…
A Major Step Toward Unifying Libya’s Fiscal Policy
TRIPOLI – The Central Bank of Libya (CBL) announced on Saturday that the House of Representatives and the High Council of State have approved the country’s first unified budget in over 13 years. In an official statement, the Central Bank emphasized that this legislative consensus is a pivotal move toward ending years…
Air Algerie to Launch New Routes to Africa, China, and Europe in 2026 Expansion
Algiers – Air Algerie is set to significantly expand its international footprint in 2026, launching regular flights to five African destinations, as well as Shanghai and Warsaw. The expansion follows the national carrier’s strategic fleet renewal program, as announced by CEO Hamza Benhamouda during a press conference…
Algerian Economy Projected as Fourth Largest in Arab World by 2026, Valued Over $915 Billion
Algeria is projected to rank as the fourth-largest economy in the Arab world by 2026, according to Purchasing Power Parity (PPP). The estimated value is approximately…
Algeria to be among the four strongest economies in the Arab world and Africa in 2026
The International Monetary Fund has classified Algeria among the four largest economies in the Arab world and Africa, according to the Fund’s 2026 data, based on the purchasing power parity standard.
World Bank Raises Growth Forecast for Algerian Economy in 2026
The World Bank has raised its growth forecast for the Algerian economy for the year 2026, noting that Algeria is an exception in the Middle East, North Africa, Afghanistan, and Pakistan region.
Algeria to be among the Four Strongest Economies in the Arab World and Africa by 2026
The International Monetary Fund has classified Algeria among the four largest economies in the Arab world and Africa, according to the Fund’s 2026 data, based on the purchasing power parity standard.
Energy: Adjal Opens New Horizons for Exporting Equipment to African Markets
Algiers – In line with the directives of President Abdelmadjid Tebboune to expand international partnerships and bolster continental cooperation, the Minister of Energy and Renewable Energies, Mourad Adjal, held a high-level virtual meeting on Wednesday with his Ivorian counterpart.The discussions with Mamadou…
New Measures to Promote the Date Sector
The Minister of Agriculture, Rural Development, and Fisheries, Yacine Oualid, chaired a national meeting dedicated to the date sector on Monday at the headquarters of the National Chamber of Agriculture. According to a ministry statement, the minister emphasized the strategic importance of the date sector within…
More than 100,000 agricultural holdings connected to the electrical grid
The Sonelgaz Group has connected approximately 103,000 agricultural holdings to the national electricity grid since the start of the operation, according to Nabil Kafi, Secretary General of the Ministry of Energy and Renewable Energies. Kafi explained that the group’s efforts in recent years have achieved an…
Bouzred Reveals Figures for Financial Resources Achieved in 2023
The Economic and Financial Affairs Committee of the Council of the Nation held a meeting on Monday, chaired by Noureddine Tadj, the committee’s chairman. The session was dedicated to hearing from Abdelkrim Bouzred, Minister of Finance and government representative, in the presence of Mourad Lakhal, Vice President of…
Algerian-Mauritanian Talks to Enhance Foreign Trade Cooperation
The Minister of Foreign Trade and Export Promotion, Kamel Rezig, held talks on Monday with the Mauritanian Minister of Trade and Tourism, Zeinebou bint Ahmednah. She is currently on a working visit to Algeria as part of a high-level ministerial delegation led by Mauritanian Prime Minister Mokhtar Ould Djay, marking…
Algeria – Mauritania: Strengthening Coordination in Air, Land, and Sea Transport
Minister of Interior, Local Authorities, and Transport, Saïd Saayoud, received on Monday evening the Mauritanian Minister of Equipment and Transport, Ely Sid’Ahmed El-Feirack, and his accompanying delegation. The meeting was attended by the CEO of Air Algérie and the CEO of the National Civil Aviation Agency, on the…
Partnership agreement signed between Djen Djen Port and Algerian-Qatari Steel
A partnership agreement was signed on Monday evening at the Djen Djen Port in the province of Jijel between the port authority and the Algerian-Qatari Steel Company. According to a statement issued by the port authority, the agreement was established within the framework of strengthening integration between the…
Farmers and Professionals Praise President’s Decisions to Enhance Agricultural Mechanization
Farmers and agricultural investors in El Meniaa Province welcomed President Abdelmadjid Tebboune’s decisions to enhance agricultural mechanization on Monday, stating that these measures will improve the sector’s productivity and reduce costs during the harvest season. Mohsen Nadir, owner of a farm specializing in…
Algeria and Mauritania: Towards a Major Partnership in the Fertilizer Industry and Mining Resource Development
Minister of State, Minister of Energy and Mines, Mohamed Arkab, held talks on Monday in Algiers with Mauritanian Minister of Oil and Energy, Mohamed Ould Khaled. The Mauritanian minister is on a working visit to Algeria as part of a high-level ministerial delegation led by Mauritanian Prime Minister Mokhtar Ould Djay…
Wali of Batna Inspects Sokon Car Manufacturing Plant Project
The Wali of Batna, Ben Ahmed Riyadh, visited the municipality of Zana El Beida on Monday to inspect the progress of the Sokon Algeria factory, which is dedicated to the assembly of cars, trucks, and buses. According to a statement from the province, the Wali emphasized the necessity of accelerating the pace of…
Oil prices rise
Oil prices rose at the start of trading today, Monday. Brent crude futures increased by $2.4, or 2.2 percent, to reach $111.43 per barrel. U.S. West Texas Intermediate (WTI) crude futures also rose by three dollars, or 2.7 percent, to reach $114.57 per barrel.
Algeria bets on entering West African markets
The Ministry of Foreign Trade and Export Promotion announced on Sunday the organization of an exhibition for Algerian products and services intended for export, in coordination with the province of Tindouf. The exhibition is held under the slogan “Tindouf, the export gateway to West African countries.” The exhibition…
