Economy
All articles
1,844 articles
Trade Ministry Clarifies Banking Domiciliation Procedures
Algiers – The Ministry of Trade and Export Promotion has issued a statement clarifying procedures regarding banking domiciliation, following a recent announcement from the Association of Banks and Financial Institutions (ABEF). The Ministry’s statement, released today, sp…

Trade Ministry Clarifies Regulations on Imported Goods Shipping
Algiers – The Ministry of Trade and Export Promotion issued a statement today clarifying recent regulations concerning the shipment of imported goods. The statement addresses concerns regarding banking domiciliation procedures related to shipping costs. According to the Mi…

Algerian Astronomer Reveals Secrets Behind Makkah Time
In an exclusive interview with DZWatch, Algerian astronomer Lot Bonatiro has unveiled the story behind his groundbreaking creation, the ‘Makkah Time’ clock. This innovative timepiece has garnered international acclaim, including a gold medal in England, and is now officially recognized in Saudi A…

Algeria Highlights Industrial Potential at Global Summit
Riyadh, Saudi Arabia – Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, represented Algeria at the 21st General Conference of the United Nations Industrial Development Organization (UNIDO), held in Riyadh from November 23rd to 27th. This year’s conference was…

G20 Summit Focuses on Debt Relief, Disaster Risk Reduction
Johannesburg, South Africa – The G20 summit, held in Johannesburg on Saturday, concluded with a strong emphasis on addressing the escalating debt crisis faced by low and middle-income nations. Leaders also prioritized building economic resilience and investing in disaster risk re…

Verstappen Victorious in Thrilling Las Vegas Grand Prix
Max Verstappen of Red Bull Racing secured a commanding victory at the Las Vegas Grand Prix on Sunday. The Dutch driver showcased his exceptional skill, further solidifying his position as a dominant force in Formula 1. While Verstappen claimed the top spot, British driver Lando Norris of M…

G20 Rift? Algeria Emerges as International Balancing Force
DZWatch Exclusive Analysis – A potential fracture within the Group of Twenty (G20) has brought Algeria’s rising influence as a global balancing power into sharper focus. Recent developments involving Algeria, France, South Africa, and the United States underscore this shift in in…

Climate Deal Eases Rich-Poor Divide at Brazil Summit
World governments reached a compromise on a climate agreement Saturday at the UN Climate Change Conference (COP30) in Belem, Brazil. The agreement aims to bolster financial aid to developing nations grappling with the impacts of global warming. However, the settlement notably omits any di…

Algeria Calls for Debt Relief, Fair Representation at G20 Summit
Representing President Abdelmadjid Tebboune, Prime Minister Sifi Grib participated in the G20 Summit in South Africa, delivering Algeria’s address during a session focused on bolstering solidarity, equality, and sustainable development. The Prime Minister began by expressing gratitude to…

Algeria Participates in Global Industry Summit in Riyadh
Riyadh, Saudi Arabia – Algeria is participating in the Global Industry Summit (GIS) 2025, a special session of the 21st General Conference of the United Nations Industrial Development Organization (UNIDO), taking place in Riyadh from November 23rd to 27th, 2025. The Alger…

Global Coffee Prices Dip After US Tariff Removal
Global coffee prices have experienced a notable decline following the United States’ decision to eliminate tariffs on agricultural imports from Brazil. The move, impacting commodities like coffee and cocoa, comes amid growing concerns within the US regarding rising food costs.The removal o…

Algeria Urges Debt Relief for Developing Nations at G20 Summit
Johannesburg, South Africa – Algeria has reiterated its call for urgent action to address the crippling debt burden faced by developing and impoverished nations. The appeal was made at the G20 Summit in Johannesburg, where Algeria’s message emphasized the need for comprehensive s…

Algeria’s Non-Oil Exports Surge in First Half of 2025
Algiers – Algeria’s non-hydrocarbon exports have experienced significant growth during the first six months of 2025, according to the National Office of Statistics. This positive trend indicates a strengthening of the nation’s diversified economic sectors. The prices of e…

Minister Arkab Attends UNIDO Conference in Riyadh
Riyadh, Saudi Arabia – Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, is representing Algeria at the 21st General Conference of the United Nations Industrial Development Organization (UNIDO). The conference is being held in Riyadh from November 23rd to 27th…

Italy Credit Rating Upgraded by Moody’s After 23 Years
In a significant development for the Italian economy, Moody’s Ratings has upgraded Italy’s sovereign credit rating for the first time in over two decades. The agency raised Italy’s rating by one notch to Baa2, accompanied by a stable outlook. This marks a positive shift for the Eurozone’s third-l…

Arkoub Represents Algeria at UNIDO Conference in Riyadh
Minister of State, Minister of Petroleum and Mines, Mohamed Arkoub, is representing Algeria at the 21st General Conference of the United Nations Industrial Development Organization (UNIDO) currently underway in Riyadh, Saudi Arabia, from November 23rd to 27th. According to a statement rele…

G20 Summit Kicks Off in Johannesburg, Focus on Global Equity
The G20 summit commenced today in Johannesburg, South Africa, with a strong emphasis on solidarity, equality, and sustainability. South African President Cyril Ramaphosa, the summit’s host, has prioritized these themes throughout the event. Key priorities include alleviating the debt burd…

Algeria Among 9 Nations Selected for Global Clean Hydrogen Initiative
Algiers, DZWatch – Algeria has been selected as one of nine partner countries to participate in the United Nations Industrial Development Organization’s (UNIDO) global clean hydrogen program. The initiative, backed by the Global Environment Facility (GEF-8), aims to foster the ne…

Carbon Monoxide Poisoning: 10 Cases Reported in Single Day
DZWatch Exclusive: Civil Protection services across Algeria responded to multiple incidents of carbon monoxide poisoning in a single day, resulting in ten individuals requiring medical attention. This comes amid growing concerns about the safety of heating appliances during the c…

Naftal Boosts Butane Supply Amidst Cold Weather Surge
Algiers, Algeria – Naftal, the national oil company, has intensified its efforts to ensure a stable and readily available supply of butane gas to citizens across Algeria. This move comes as several regions of the country experience a significant cold weather snap.The compa…


