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ENAlgerian Ambassador Promotes Investment Incentives and Business Climate in Italy
Algeria’s Ambassador to Italy, Mohamed Khelifi, participated on Monday in an economic meeting in the city of Fabriano, organized by the city’s mayor in coordination with the head of the Islamic Cultural Center in Fabriano, Abdelkader Mokri. During his speech at the meeting, which was attended by representatives of…
ENRegistration Continues for the Productive Families Support Program
The Ministry of National Solidarity, Family, and Women’s Issues confirmed the continuation of registrations for the Productive Families Support Program for the year 2026. The registration process, which began in mid-February, aims to support low-income families. Mohamed Meddal, Director of Family Protection and…
ENOil prices rise
Oil prices rose for the third consecutive day on Tuesday, as concerns grew over Middle East supply disruptions due to the escalating U.S.-Israeli conflict with Iran and threats to target maritime navigation through the Strait of Hormuz. By 05:40 GMT, Brent crude futures rose 3.3% to $80.39 per barrel. In the previous…
ENDjellaoui Inspects Construction Workshops of the Eastern Mining Railway Line Project
The Minister of Public Works and Infrastructure, Abdelkader Djellaoui, inspected on Monday evening the workshops of the Eastern Mining Railway Line project, specifically the section connecting Dreia and Oued Keberit in Souk Ahras province, covering a distance of 30 km. After receiving detailed explanations regarding…
ENAdjal Chairs Meeting to Review Energy Consumption Rationalization Files
The Minister of Energy and Renewable Energies, Mourad Adjal, chaired a meeting today, Monday, in Algiers, dedicated to studying several files related to the national program for rationalizing energy consumption and improving its efficiency. According to a ministry statement, the meeting, which falls within the…
EN675 investment projects registered in the plastics sector
The Director General of the Algerian Investment Promotion Agency, Omar Rekkache, revealed the number of investment projects registered in the plastics sector, emphasizing that the development of this sector is measured not only by production volume but primarily by the local integration rate within the value chain…
ENHigher Education: A New Step to Strengthen the Role of the University
Minister of Higher Education and Scientific Research Kamel Baddari, alongside Minister of Finance Abdelkrim Bouzred, presided over a ceremony on Monday to grant Algeria’s first accreditation for a university-based venture capital investment company to the Financial Investment Company of the University of Algiers 3. In…
ENOil and gold prices reach high levels
Oil and gold prices rose to high levels following military escalation in the Gulf region. Reports on Monday indicated that Brent crude oil prices rose by 10.9 percent to reach $82 per barrel for the first time since June 23, 2025. Brent crude prices are steadily rising as tensions escalate in the Gulf region and…
ENBank of Algeria: Banknote Exchange Rates
The Bank of Algeria announced on Sunday the exchange rates for banknotes valid from March 1 to March 7, 2026. According to the bank, the exchange rate for one US Dollar is set at 127.83 for purchase and 135.63 for sale. The Euro is priced at 151.00 for purchase and 160.23 for sale, while the…
ENStrait of Hormuz to Determine the Future of Oil Prices
Concerns are escalating in global oil markets regarding the potential for navigation disruptions in the Strait of Hormuz and the subsequent impact on energy supplies and crude prices, following the launch of a large-scale aerial attack by the United States and Israel on Iran. The Strait of Hormuz is considered a vital…
ENClosing the Strait of Hormuz Threatens a Sharp Jump in Global Oil Prices
Concerns are escalating in global oil markets regarding the potential disruption of navigation in the Strait of Hormuz and its impact on energy supplies and crude prices, following the launch of a large-scale aerial attack on Iran by the United States and Israel. The Strait of Hormuz is a vital artery for global…
ENImportant Statement from the National Social Insurance Fund
The National Social Insurance Fund for Salaried Employees announced in a statement that its provincial agencies will open exceptionally this Saturday to enable employers to pay social security contributions within the specified deadlines. The statement indicated that the fund’s provincial agencies will open their…
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ENAlgeria and Italy Discuss Submarine Cable Electrical Interconnection Project
Minister of Energy and Renewable Energies, Mourad Adjal, received on Thursday the Italian Minister of Environment and Energy Security, Gilberto Pichetto Fratin. The meeting took place during the visit of the minister and his accompanying delegation to Algeria to participate in a high-level conference organized by the…
ENCommencement of Census for Farmers Affected by Weather Fluctuations
The Ministry of Agriculture, Rural Development, and Fisheries announced on Thursday the start of a census for farmers and breeders who recorded losses in their holdings due to floods and strong winds experienced in several provinces across the country. According to a statement issued by the ministry, this measure…
ENDeadline for purchasing 2026 car vouchers extended
Minister of Finance, Abdelkrim Bouzred, signed a decree extending the deadline for collecting the 2026 car voucher at 4:00 PM, according to the latest issue of the Official Gazette. Additionally, payment receipts for car vouchers purchased remotely via electronic payment are exempt from stamp duty. In the event of…
ENPrime Minister Oversees Arrival and Unloading of First Iron Ore Shipments
Prime Minister Sifi Gharib is overseeing the arrival and unloading of the first shipments of iron ore extracted from the Gara Djebilet mine, destined for the Tosyali iron and steel complex. This operation is part of the official ceremonies for the commissioning of the “Gara Djebilet – Bechar – Oran” mining railway…
ENStart date for Ramadan neighborhood markets announced
Neighborhood markets dedicated to the holy month of Ramadan will launch next week across 69 provinces. The initiative aims to bring products closer to citizens, enhance availability, and contribute to market stability during this period. This announcement follows a coordination meeting held on Monday, chaired by the…
ENAlgeria and Italy: A New Alliance in the Spare Parts Industry
The Algerian Embassy in Italy, in coordination with the Industrial Union of Turin and Stellantis Algeria, organized an Algerian-Italian economic forum. The meeting was opened by Carola Giorgi, Vice President of the Industrial Union of Turin, alongside the Algerian Ambassador to Italy, Mohamed Khelifi. The forum saw a…
ENGold Prices Decline
Gold prices continued their decline on Monday, weighed down by a stronger dollar. Spot gold fell 1.5 percent to $4,793.97 per ounce, after hitting its lowest level in more than a week last Friday. Gold had previously reached an all-time high of $5,594.82 on Thursday. U.S. gold futures for February delivery rose 1.6…
