Économie
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ENAlgeria and Congo Explore Expanded Industrial Cooperation and Strategic Partnerships
Algerian Minister of Industry Yahia Bachir held talks on Monday in Algiers with the Republic of Congo’s Minister of International Cooperation and Public-Private Partnership Promotion, Denis Christel Sassou Nguesso, to discuss strengthening bilateral cooperation and expanding industrial partnerships. The meeting took…
ENPharmaceutical Industry Minister Meets CAP Delegation to Support Medical Supplies Production
Minister of Pharmaceutical Industry Wassim Kouidri received on Monday at the ministry’s headquarters a delegation from the Algerian Confederation of Employers, known as CAP, led by its president, Tahar Bouzid. The meeting focused on the main concerns raised by companies operating in the medical supplies sector and…
ENBank of Algeria Orders Banks to Facilitate International Payment Cards for Travelers
Governor of the Bank of Algeria Mohammed Lamine Lebbou held a meeting on Monday with senior banking officials at the headquarters of the country’s central bank, according to an official statement. During the meeting, Lebbou instructed banks to take the necessary measures to simplify and accelerate the issuance of…
ENOpel Moves Toward Local Engine Production in Algeria Under Strategic Industrial Agreement
German automaker Opel Automobile and Algerian company AGM Holding signed a memorandum of understanding in Berlin on Friday to localise the production of the first Opel engine in Algeria, according to a statement issued by the Stellantis Group. The agreement was signed by Opel Automobile Chief Executive Officer Florian…
ENSonatrach and Germany’s VNG Sign New Natural Gas Supply Agreement
Algeria’s state-owned energy company Sonatrach and German firm VNG signed a new natural gas supply agreement in Berlin on Thursday, strengthening energy cooperation between Algeria and Germany. The agreement was concluded during Algerian President Abdelmadjid Tebboune’s official visit to Germany. The signing ceremony…
ENAlgerian-German Economic Forum Opens in Berlin to Boost Investment and Strategic Cooperation
The Algerian-German Economic Forum opened on Friday morning in Berlin, bringing together senior officials, business leaders and investors from both countries to explore new opportunities for trade, investment and industrial cooperation. The forum is being held as part of Algerian President Abdelmadjid Tebboune’s…
ENAlgeria and Germany Sign 31 Agreements to Deepen Strategic Economic Partnership
Algeria and Germany signed 31 agreements and memoranda of understanding during the Algerian-German Economic Forum held alongside President Abdelmadjid Tebboune’s official visit to Germany, marking a major step toward expanding bilateral economic cooperation and establishing a stronger strategic partnership. The…
ENGIZ Says Tebboune’s Germany Visit Opens New Chapter in Bilateral Cooperation
Elke Förster, Country Director of the German Agency for International Cooperation in Algeria, said President Abdelmadjid Tebboune’s official visit to Germany marks a new stage in strengthening bilateral relations and exploring additional areas of cooperation. Förster explained that the two-day presidential visit…
ENCRAPC Expertise Becomes First National Research Centre Subsidiary Listed in Algiers
Algeria’s Minister of Higher Education and Scientific Research, Kamel Baddari, and Finance Minister Abdelkrim Bouzred, supervised on Tuesday the official listing of CRAPC Expertise on the Algiers Stock Exchange. The ceremony, held at the exchange’s headquarters, marked the first time a subsidiary of a national…
ENAYRADE Becomes First Technology Company Listed on Algiers Stock Exchange
Algeria’s stock exchange welcomed AYRADE, an information technology, software engineering and digital services company, on Wednesday, making it the first technology firm to join the country’s equity market. The listing ceremony was attended by Amel Selloum, Director-General of the Algiers Stock Exchange, and Youcef…
ENOil Prices Hit One-Month High Amid Rising Strait of Hormuz Tensions
Oil prices rose sharply on Tuesday to their highest level in a month, driven by escalating tensions around the Strait of Hormuz, one of the world’s most important routes for energy trade. Brent crude gained around 2 percent to reach $84.98 per barrel, while US West Texas Intermediate climbed 2.1 percent to $79.79 per…
ENAlgeria and Africa CDC Discuss Pharmaceutical Production and Health Sovereignty
Algeria’s Minister of Pharmaceutical Industry, Wassim Kouidri, received Jean Kaseya, Director-General of the Africa Centres for Disease Control and Prevention, at the ministry’s headquarters on Monday. According to a ministry statement, the meeting provided an opportunity to present Algeria’s pharmaceutical…
ENAlgeria Delivers First Batch of Locally Produced Fuel Transport Trucks to Naftal
Algeria’s Ministry of National Defence delivered the first batch of trucks designed to transport petroleum products to the national fuel distribution company Naftal on Sunday. The delivery operation was carried out by the Vehicle Industry Development Establishment, which operates under the ministry’s Directorate of…
ENAlgeria Sets One-Month Deadline for Digital Integration and Moves Travel Allowance to Bank Cards
Algerian President Abdelmadjid Tebboune has set a maximum deadline of one month to complete intersectoral digital integration through the National Data Center, with the aim of expanding and improving digital services available to citizens. The decision was announced during a Council of Ministers meeting held on…
ENPresident Tebboune Calls for Faster Implementation of Cooperation Projects with Niger and Chad
Algerian President Abdelmadjid Tebboune stressed the importance of accelerating the implementation of bilateral cooperation agreements concluded with Niger and Chad, particularly projects related to electricity production. Speaking during a Council of Ministers meeting on Sunday, President Tebboune said Algeria…
ENLaboratory Tests Confirm Watermelons Sold in Algeria Are Safe for Consumption
Algeria’s Ministry of Internal Trade and National Market Regulation has confirmed that watermelons sold across the country are safe for consumption, following laboratory tests conducted in response to claims circulating on social media. The ministry assigned laboratories operated by the Algerian Centre for Quality…
ENAlgeria Pushes to Accelerate Construction of the Eastern Mining Railway Line
Algeria’s Minister of Public Works and Basic Infrastructure, Abdelkader Djellaoui, chaired a coordination meeting at the ministry’s headquarters on Saturday to review progress on the Eastern Mining Railway Line linking Annaba to Oued Kebrit and Bled El Hadba. The strategic railway project extends over 422 kilometres…
ENTwo New Companies Set to Join the Algiers Stock Exchange in July
Two new companies are set to join the Algiers Stock Exchange in mid-July, increasing the total number of listed firms from eight to ten. Youssef Bouzenada, Chairman of Algeria’s Commission for the Organization and Supervision of Stock Market Operations, known as COSOB, announced that the public subsidiary CRAPC will…
ENOpel Germany Delegation Discusses Automotive Industry Development in Algeria
The President of the Algerian Economic Renewal Council, Kamel Moula, received yesterday a delegation from Opel Germany, as part of discussions focused on accelerating the development of the automotive industry in Algeria. The German delegation included Opel’s global Chief Executive Officer, Florian Huettl, and the…
ENOil Prices Rise as Middle East Tensions Renew Supply Concerns
Oil prices rose in trading on Friday, supported by renewed concerns over possible disruptions to global energy supplies, as geopolitical tensions continued to escalate in the Middle East. According to market data, Brent crude futures increased by 19 cents, or 0.25 percent, settling at 76.49 dollars per barrel. U.S…
