Economy
All articles
1,843 articles
Algerian Life Insurance Company Nominated for Prestigious MENA Insurance Award
The Algerian Life Insurance Company, also known as “Algerian Life,” has been selected as a finalist for the “Best Life Insurance Company of the Year in the Middle East and North Africa” award, distinguishing itself among more than 160 nominations. This prestigious recognition is bestowed by the specialized magazine…

New Ease in Granting Land for Investment
In a significant move to streamline the process of granting land for investment purposes, Algerian President Abdelmadjid Tebboune has mandated the introduction of additional facilitations within the specialized agency’s operational system. Granting Land for Investment. This directive, issued during a Cabinet meeting…

Algeria Bolsters Its Future with 2 Billion Dinar Investment in Scientific Research
In a significant boost for scientific progress and societal development in Algeria, Minister of Higher Education and Scientific Research Kamal Baddari announced a substantial allocation of 2 billion Algerian dinars for scientific research. This move, strongly backed by the President, places scientific research at the…

Air Algerie Announces New International Routes Including New York and Guangzhou
Air Algérie is set to launch new international flight routes, including those to New York and Guangzhou, as part of its strategy to expand its global network. Yacine Ben Suleiman, the CEO of Air Algérie, announced this development during a hearing with the National People’s Assembly’s Committee on Transport and…

Renewable Energy Boost: Algeria Eyes Photovoltaic Panel Manufacturing Project
In a significant move towards renewable energy, the General Director of the Turkish conglomerate Renecore Energy Investment, Masoud Toprak, has expressed a keen interest in the Algerian market, signaling a strong intent to invest in the country. This development emerged during a meeting with the General Director of…

President Tebboune’s full speech at the conclusion of “Entrepreneurship Days” (video)
here the President Tebboune’s full speech at the conclusion of “Entrepreneurship Days” (video) watch it to the end .

Jordan Halts Energy Agreement with Israel Amid Gaza Conflict
In a move reflecting regional tensions, Jordan has announced it will not sign a planned energy-for-water exchange agreement with Israel due to the ongoing conflict in Gaza. Initially scheduled for signing in October, the agreement has been put on hold, as confirmed by Jordan’s Foreign Minister Ayman Safadi in an…

Algerian Petroleum Institute Inks Four Agreements with African Oil Companies
In a strategic move to bolster cooperation within the African petroleum sector, the Algerian Petroleum Institute, an affiliate of Sonatrach, has signed four partnership agreements focused on training with various African oil companies under the umbrella of the African Petroleum Producers’ Organization (APPO). This…

Opel Algeria Announces Attractive Price Reductions for Its Latest Car Models
Opel Algeria has recently unveiled the new models that will be marketed in Algeria, alongside significant price reductions. The Opel Mokka, originally priced at DZD 394.4 million, has been reduced to DZD 384.9 million, presenting a substantial saving for customers.Opel Algeria Latest Car Models Prices . The Opel…

Oil Prices Retreat Amid Concerns Over China and U.S. Demand
As the trading week commences, oil prices have witnessed a decline, retreating from their previous gains last Friday. This downturn is primarily attributed to mounting worries about a demand reduction from economic powerhouses China and the United States, casting a shadow over market sentiments. Oil Prices Retreat…

Algerian Industry Minister Calls for Review of Fiat Car Prices Amidst Competitive Market
The Algerian Minister of Industry and Pharmaceutical Production, Ali Aoun, has emphasized the need to review the pricing of Fiat cars, as competition intensifies with numerous brands establishing car manufacturing plants in Algeria. Aoun, during a meeting with Fiat-Algeria’s CEO Hakim Boutahra at the ministry’s…

Shaping Algeria’s Future: Startups Garner Millions in Digital Services
Unlocking Economic Potential for Algeria through Emerging Companies In a significant development, Algerian startups are making strides by exporting digital services to countries across the region and Africa, generating millions of dollars in revenue. Yassin Walid, the Minister of Knowledge Economy, Startups, and Small…

Algeria Achieves Threefold Increase in Strategic Stock of Legumes and Milk Powder
Ensuring food security, Minister of Agriculture and Rural Development, Abdelhafid Henni, revealed that the strategic reserves of legumes and milk powder have tripled in the last two years. Henni emphasized this accomplishment during his leadership of a national meeting to discuss key initiatives for the strategic…

Algeria Advocates for African Pharmaceutical Industry Partnership
The Algerian Ministry of Industry and Pharmaceutical Production‘s Secretary-General, Zerifa Khoudir, has called for the establishment of an African partnership in the pharmaceutical industry through investment in economic integration. This call was made during the opening ceremony of the second edition of the “Kenya…

Algeria Bolsters Food Security with Legume Imports
Algeria‘s Ministry of Agriculture has initiated the import of 16,000 tons of dry legumes, enhancing food reserves and securing supplies. Stay informed on dzwatch.net. Legume Imports Algeria has embarked on a significant initiative to bolster its food security by importing a substantial quantity of dry legumes. This…

Chery Launch Algeria: Affordability Meets Quality
Discover the official launch of Chery, the Chinese car brand, in Algeria with a commitment to affordability and post-sale services. Stay updated with DZWatch.net for the latest automotive news. Chery Launch Algeria Chery Automobile, a renowned Chinese car brand, has officially made its debut in Algeria, emphasizing…

Decline in Global Oil Prices Raises Concerns Amidst Mixed Chinese Economic Data
Recent economic data from China has sparked concerns over global oil demand. Brent crude futures dipped by 25 cents to $81.36 per barrel, and U.S. crude futures saw a 35-cent decline to $77.02 per barrel in early Asian trading, reaching their lowest levels since July 24. Late on Tuesday, market sources, citing figures…

Surge in Israeli Unemployment: 460% Increase Sparks Economic Concerns
In a significant development for the Israeli economy, the monthly report from the Employment Department reveals a staggering 460% increase in the number of Israelis filing for unemployment compared to September. With approximately 70,000 individuals seeking jobless benefits in the past month, this surge raises serious…

Algeria 2024 Budget: Salaries and Subsidies Secure Prosperity
Algeria‘s 2024 BudgetMeta Description: Explore how Algeria’s 2024 Budget emphasizes salary increases and subsidy maintenance to safeguard purchasing power, detailed in our comprehensive report on DZWatch.net. Algeria 2024 Budget Algeria’s Commitment to Citizens’ Prosperity in the 2024 BudgetIn the 2024 fiscal year…

Sonatrach Resumption Libya : Algerian Energy Surge
Sonatrach Resumption Libya , Algeria‘s premier oil firm, Sonatrach, revives its exploration ventures in Libya, marking a new chapter in Algero-Libyan energy cooperation. Stay informed on this development with DZWatch.net. Sonatrach Resumption in Libya Marks a New Era for Energy Cooperation Algeria’s national oil…



