Economy
All articles
1,844 articles
Sonatrach Leads Africa and Mediterranean in Carbon Emission Reduction Initiatives
Sonatrach stands as one of the “leading” companies in Africa and the Mediterranean basin that has made decisive commitments to reduce carbon emissions, according to Youssef Khenfer, Central Director of Green and Renewable Energies at the company, speaking Wednesday in Oran during the 12th Scientific and Technical Days…

Algiers International Fair: President Emphasizes Importance of Continuing to Enhance National Product Competitiveness
President Abdelmadjid Tebboune demonstrated Algeria‘s unwavering commitment to economic sovereignty and industrial excellence during the opening of the 56th Algiers International Fair on Monday, emphasizing the critical importance of enhancing national product competitiveness while achieving self-sufficiency and…

Algeria Forges Ahead with Sweeping Financial Reforms, Touting ‘Advanced’ Progress in Digitalization
Algiers – Minister of Finance Abdelkrim Boualzerd announced on Thursday that sweeping reforms within the finance sector have reached an “advanced” stage, emphasizing significant progress in the generalization of digitalization across both administrative functions and financial transactions.During a plenary session of…

Algeria Advances National Addressing Project, Emphasizing Economic Impact and Modernization
Ouargla, Algeria – The Algerian government is pressing forward with the “National Addressing Reference Project,” a strategic initiative aimed at systematizing and digitizing address data across the country. During the concluding training workshops in Ouargla, Amal Jaouameh, Director of Local Governance at the Ministry…

Algeria Showcased as Guest of Honor at Vienna Food Expo, Highlighting Economic Diversification Success
VIENNA – In a significant demonstration of its expanding global economic footprint, Algeria was celebrated as the guest of honor at the opening of the International Exhibition of Healthy Food in Vienna on Tuesday. This prestigious role underscores the success of the national strategy, guided by President of the…

Mr. Yassa Participates in Africa Energy Forum in Cape Town
Algiers – Noureddine Yassa, Secretary of State to the Minister of Energy in charge of Renewable Energies, is representing Algeria at the Africa Energy Forum, which begins tomorrow in Cape Town, South Africa, according to a statement from the Ministry of Energy, Mines, and Renewable Energies. Mr. Yassa is accompanied…

Employers: Moula Applauds from Geneva the Election of Palestine as Observer Member of the International Labour Organization
Geneva (Switzerland) – On Wednesday, June 11, 2025, Kamel Moula, President of the Algerian Economic Renewal Council, praised the election of Palestine as an observer member of the International Labour Organization (ILO) during his participation in the plenary session of the 113th International Labour Conference…

Algerian Products Exhibition in Nouakchott: Mr. Zitouni Stresses Importance of Enhancing Competitiveness of Algerian Products
Nouakchott – On Saturday, May 24, 2025, the Minister of Internal Trade and National Market Regulation, Tayeb Zitouni, emphasized the importance of enhancing the competitiveness of Algerian products abroad, particularly by focusing on quality, during a visit to the 7th edition of the Algerian Products Exhibition in…

Algeria-Tanzania: Efforts to Strengthen Economic and Trade Relations in the Context of African Exchange
Algiers – On Wednesday, May 14, 2025, the “Tanzania Forum on Trade, Investment, and Tourism” was held in Algiers, aimed at enhancing economic and trade relations between Tanzania and Algeria while promoting African exchange, leveraging the significant potential of both countries across various sectors. The forum was…

Delivery of Bank Domiciliation Documents to Banana Importers
Algiers – On Saturday, May 10, 2025, several economic operators involved in banana imports received bank domiciliation documents to contribute to ensuring a regular supply of the national market, pending the establishment of a new specialized body to regulate import operations, according to a statement from the…

Algerian Stock Exchange Records Fastest-Growing Market Capitalization in the Arab World in Q1 2025
Algiers – The market capitalization of the Algerian Stock Exchange surged by 40.07% in the first quarter of 2025, making it the fastest-growing among Arab stock exchanges, according to data from the Arab Monetary Fund (AMF). The AMF’s latest quarterly bulletin on Arab financial markets’ performance revealed that the…

GEAT Complex in Batna: Agreements Between Sonelgaz and General Electric Vernova for Export to New Markets
Algiers – On Tuesday, April 29, 2025, Sonelgaz signed several memoranda of understanding with General Electric Vernova in London, United Kingdom, aimed at exporting electrical and gas equipment from the General Electric Algeria Turbines (GEAT) factory in Batna to new international markets, according to a statement…

Saïdal Signs Memorandum of Understanding with Chinguitty Pharma for Export and Marketing of Its Products in Mauritania
Algiers – On Thursday, in Algiers, the Saïdal Group signed a commercial memorandum of understanding with Mauritania’s Chinguitty Pharma Group, aimed at enhancing cooperation in various areas, particularly in supplying and promoting Algerian pharmaceuticals in the Mauritanian market. The agreement was initialed by…

Sonatrach Participates in the 2025 Algerian-American Energy Business Forum in Houston
Algiers – Rachid Hachichi, CEO of Sonatrach, accompanied by a high-level delegation, participated in the 2025 Algerian-American Energy Business Forum in Houston, USA, where he reaffirmed Sonatrach’s ongoing commitment to exploring new investment opportunities, according to a Wednesday statement from the company. The…

Cars: Fiat Algeria Adopts Measures to Combat Speculation
Algiers – Fiat Algeria has announced its “full commitment” to the efforts initiated by the Ministry of Industry to combat speculation in the locally manufactured car market, adopting a series of practical measures aimed at protecting consumers from this phenomenon, according to a statement issued by the ministry on…

Ministry of Labor: Evaluation Meeting on Activities of the National Unemployment Insurance Fund
Algiers – Minister of Labor, Employment, and Social Security, Fayçal Bentaleb, chaired a working session on Tuesday in Algiers to assess the activities of the National Unemployment Insurance Fund (CNAC), according to a ministry statement. The statement noted that the session, held at the ministry’s headquarters as…

Djazaïr Agro 2025: 540 Enterprises in Food Industries, Canning, and Packaging Showcase Their Products
The Djazaïr Agro 2025 exhibition, which opened its doors on Monday at the Palais des Expositions in Safex (Algiers), has attracted 540 enterprises from the food industries, canning, and packaging sectors, representing 38 countries. Of these, 44% hail from the European Union, alongside Asian and Turkish companies…

President of Islamic Development Bank: Algeria Among Bank’s Major Supporters, We Will Contribute to Its Economic Development
Dr. Mohammed bin Sulaiman Al Jasser, President of the Islamic Development Bank (IsDB) Group, affirmed during his reception on Sunday by President Abdelmadjid Tebboune that Algeria is one of the bank’s key supporters, reiterating the group’s commitment to aiding the country’s economic development. Speaking after the…

Algeria/Nigeria: Launch of First Air Route Between Algiers and Abuja Tomorrow, Sunday
Air Algérie announced on Saturday, in a statement, the launch of a new air route connecting Algiers, the capital of Algeria, with Abuja, the capital of Nigeria, starting tomorrow, Sunday. The route will operate via Douala, enabling regular flights between Algiers and Abuja with a stopover in Douala. Tickets for travel…

Top 10 Countries Most Affected by Trump’s Tariffs
The additional 10% tariffs imposed by U.S. President Donald Trump on most imports to the United States took effect on Saturday, April 5, 2025, at 4:01 GMT, supplementing existing duties. Trump announced these reciprocal tariffs on dozens of countries on April 2, citing years of “unfair trade practices,” as reported by…


