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Traditional Craft Industry: A Pledge to Support Artisans and Promote Wealth Creation
Date Published: Saturday, November 10, 2024, 11:59 | Category: Economy Algiers – The Algerian Minister of Tourism and Traditional Crafts, Mokhtar Dedouche, emphasized today in Algiers the importance of addressing artisans’ needs and ensuring that the traditional crafts sector plays a meaningful role in wealth…
Traditional Industry Sector Creates 1.18 Million Jobs in Algeria
Mokhtar Dedouche, Algeria’s Minister of Tourism and Traditional Industry, emphasized the significant role traditional industry plays in bolstering national income and providing employment opportunities, especially for the country’s youth. During the inauguration of National Artisan Day events at the Hotel El Djazair…
Updates on Establishing Exchange Offices and Strengthening the Algerian Dinar
Algerian Finance Minister Laaziz Faid announced that regulations for establishing and operating licensed currency exchange offices will soon be outlined in an official directive from the Bank of Algeria. He highlighted that the Bank of Algeria, operating with complete independence, holds full authority over licensing…
Algerian Economic Renewal Council Discusses Investment with EU Ambassador
Kamel Moula, President of the Algerian Council for Economic Renewal (CREA), met with European Union Ambassador to Algeria, Diego Mellado, in Algiers on Wednesday. The discussions focused on strengthening economic relations and expanding investment opportunities between Algeria and the European Union, according to a…
Nuclear Energy as a Sustainable Solution to Support Digital Transformation
Algiers – Ali Miftah, an expert and professor at the University of Skikda, highlighted nuclear energy’s potential as a sustainable solution for Algeria’s energy transition on Tuesday. In a conference held by the Algerian Academy of Sciences and Technologies, attended by its President, Mohamed Hicham Gara, Miftah…
Minister Zitouni Reaffirms Algeria’s Commitment to Stabilize Coffee Prices
Date Published: Tuesday, November 5, 2024 Constantine – In a recent working visit to Constantine, Algeria’s Minister of Commerce and Export Promotion, Tayeb Zitouni, reinforced the government’s commitment to controlling prices of essential commodities, with a particular focus on coffee. This initiative aims to ensure…
Algerian Energy Minister Arkab to Attend Global Fusion Energy Group Ministerial Meeting in Italy
Date Published: Tuesday, November 5, 2024, 11:10 | Category: Economy Algiers – Algeria‘s Minister of Energy and Mines, Mohamed Arkab, will participate in the ministerial meeting of the Global Fusion Energy Group under the International Atomic Energy Agency (IAEA) in Rome on Wednesday. This announcement was made in a…
Algeria to Begin Summoning Subscribers for AADL 3 Housing Program Before End of 2024
Expanding Access to Affordable Housing Amid National Housing Program Progress Algerian Minister of Housing, Urban Planning, and the City, Mohamed Tarek Belaribi, announced that the process of summoning subscribers for the AADL 3 housing program will begin by the end of 2024. The announcement came during a working…
Oil Production: Algeria and Seven OPEC+ Countries Extend Voluntary Production Cuts
Reinforcing Stability in Global Oil Markets Amid Extended Reductions Algeria, along with seven other OPEC+ countries, has announced the extension of their voluntary production cuts through the end of December, as confirmed in a statement from Algeria’s Ministry of Energy and Mines on Sunday. The eight participating…
Algeria and South Korea Launch Solar Energy Training Program in Algiers
Strengthening Renewable Energy Expertise Through International Cooperation A specialized training program on solar energy production, led by experts from the Korea International Cooperation Agency (KOICA) and the Korea Rural Community Corporation, began on Sunday in Algiers. This initiative aims to share South Korean…
Zinc and Lead Mine Contract Signed in Béjaïa: Agreement Between Algerian-Australian WMZ and China’s Sinosteel
Date: Saturday, November 2, 2024 – Category: Economy Algiers – A strategic agreement was signed on Saturday for the construction of the Tala Hamza-Oued Amizour zinc and lead mine and its associated processing plant in Béjaïa. The contract, binding Algerian-Australian joint venture “Western Mediterranean Zinc” (WMZ)…
Zinc and Lead Mine Project in Oued Amizour: Minister Arqab Welcomes Leaders of Australian and Chinese Partner Companies
Date: Saturday, November 2, 2024 – Category: Economy Algiers – On Saturday, Minister of Energy and Mines, Mohamed Arqab, welcomed executives from Australian mining company Terramin and Chinese company Sinosteel, both key partners in developing the zinc and lead mine at Tala Hamza in Oued Amizour, Béjaïa. The minister…
Imetal Renames Itself “National Iron Company” in a Nod to Algeria’s Industrial Roots
Annaba – The General Manager of the Algerian Metallurgical and Steel Industries Group, Imetal, Mr. Adel Khoman, announced on Thursday that the company has officially rebranded as the “National Iron Company.” This name revives the title of Algeria‘s first iron and steel enterprise, founded in the early years following…
Algeria and Russia Explore Enhanced Energy and Mining Cooperation
Algiers – Algerian Minister of Energy and Mines, Mohamed Arkab, met on Thursday in Algiers with Vladislav Davankov, Deputy Chairman of the Russian State Duma, and his accompanying delegation. The meeting, held at the Ministry’s headquarters, was attended by Munther Bouden, Vice President of the National People’s…
Algeria and Oman Sign Eight Memorandums of Understanding
Muscat, October 29, 2024 – Algeria and the Sultanate of Oman signed eight Memorandums of Understanding (MoUs) on Tuesday as part of Algerian President Abdelmadjid Tebboune’s state visit to Muscat. The MoUs cover a range of fields, including: Organizing exhibitions, events, and conferences Promoting investment…
Environmental Management of Aquaculture Farms: Second Workshop Organized for Ministry of Fisheries Officials
Algiers – From October 27 to 29, 2024, the Ministry of Fisheries and Fishery Products held its second training workshop for officials, focusing on “Environmental Management of Aquaculture Farms”, according to a statement released by the ministry on Tuesday. The initiative falls within the framework of technical…
Algiers Stock Exchange: Market Players Urged to Comply with New Anti-Money Laundering Law
Algiers, October 28, 2024 – The Financial Markets Regulatory and Control Commission (COSOB) has called on financial market participants, particularly brokers and collective investment institutions, to adhere to the provisions of the new law on anti-money laundering (AML), combating terrorist financing, and controlling…
Chinese Nuclear Delegation Explores Medical Technology Cooperation with Algeria
Algiers, October 27, 2024 – A high-level delegation from the China National Nuclear Corporation (CNNC), led by Vice President Qiao Gang, met with officials from Algeria’s Ministry of Energy and Mines on Sunday to explore opportunities for bilateral cooperation in nuclear technology, particularly in medical…
Algerian President Abdelmadjid Tebboune Meets with Egyptian Businessman Ahmed Sadek El Sewedy in Cairo
Cairo, October 28, 2024 – Algerian President Abdelmadjid Tebboune met on Monday with prominent Egyptian businessman Ahmed Sadek El Sewedy, owner of one of the largest Egyptian companies specializing in the electricity sector. The meeting, which took place during Tebboune’s visit to Cairo, signals the strengthening of…
World Bank and IMF Meetings: Geopolitical Tensions Threaten Global Economic Prospects
Washington, D.C. – Salah Eddine Taleb, the Governor of the Bank of Algeria, has warned that persistent geopolitical tensions pose a significant threat to the global economic outlook. His remarks were made during the 5th meeting of the International Monetary and Financial Committee (IMFC) in Washington, held as part of…
