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EN11th Africa Investment and Trade Conference to Be Held on May 10-11 in Algiers
Algiers – The 11th edition of the Africa Investment and Trade Conference is set to take place on May 10-11 in Algiers, with the participation of 43 countries, according to Mohamed Amin Boutalbi, President of the Arab-African Center for Investment and Development and Governor of the conference. Speaking on the…
ENTransport Minister Saaed Chairs Coordination Meeting with Central Directors and Sectoral Institution Managers
Algiers – The Minister of Transport, Mr. Saïd Saaed, chaired a coordination meeting on Saturday in Algiers, attended by central directors of the sector and several managers of public enterprises and sectoral institutions, according to a statement from the ministry. The meeting, held at the ministry’s headquarters…
ENOPEC+: Algeria and Seven Other Countries Decide to Gradually Ease Voluntary Production Cuts
Algiers – Algeria and seven other countries from the OPEC+ group decided today, Monday, to gradually ease their voluntary oil production cuts starting from April 1, 2025, according to a statement from the Ministry of Energy, Mines, and Renewable Energies. This decision was agreed upon during a virtual ministerial…
ENNational Agency for Support and Development of Entrepreneurship Organizes Trade Fairs During Ramadan
Algiers – The National Agency for Support and Development of Entrepreneurship (NASDA) announced on Sunday in a statement that it will organize trade fairs throughout the month of Ramadan to sell products from micro-enterprises under its umbrella. These trade fairs will be held under the slogan “Buy Local Products,”…
ENTrade: Installation of the Ministerial Committee for Organizing the Intra-African Trade Fair
Algiers – The high-level inter-ministerial committee responsible for organizing the Intra-African Trade Fair (IATF), scheduled to take place from September 4 to 7, 2025, in Algiers, has been officially installed, according to a statement from the Ministry of Foreign Trade and Export Promotion. The installation…
ENTindouf-Zouérat Road: Rakhroukh Urges Companies to Support Worksites to Meet Deadlines
Algiers – The Minister of Public Works and Basic Infrastructure, Lakhdar Rakhroukh, has called on companies overseeing the construction of the Tindouf-Zouérat road project to strengthen and support the worksites with the necessary material and human resources. This is essential to ensure the project’s completion…
ENSonelgaz Delegation on a Working Visit to Niger on February 25-26
Algiers – A Sonelgaz delegation, led by its CEO Mourad Adjal, will embark on a working visit to Niger on February 25-26, as part of efforts to strengthen the partnership between Algeria’s public energy group and Nigelec, Niger’s national electricity company, according to a statement from Sonelgaz on Monday. The…
ENPharmaceutical Industry: Qatar Pharma Expresses Interest in Investing in Algeria
Algiers – Algeria’s Minister of Pharmaceutical Industry, Wassim Guedri, received a delegation from Qatar Pharma on Monday in Algiers, led by its Chairman, Ahmed bin Mohammed Al-Hai Al-Sulaiti, who expressed the company’s keen interest in investing in Algeria, according to a statement from the ministry. During the…
EN2025 Will Be the Year of Quality Service in the Insurance Sector
Ghardaia – The President of the Algerian Union of Insurance and Reinsurance Companies (UAR) and CEO of the Algerian Insurance Company (CAAR), Youcef Benmicia, affirmed on Saturday from Ghardaia that “2025 will be the year of quality service in the insurance sector.” On the sidelines of a study day on “Multi-Risk…
ENCNAB-Bank Launches “Pro-Invest” Savings Plan to Support Professionals
Published: Sunday, February 23, 2025, 1:17 PM – Economy News Algiers – The Caisse Nationale d’Epargne et de Prévoyance-Bank (CNAB-Bank) announced on Sunday the launch of a new savings plan named “Pro-Invest” (PRO-INVEST), designed for professionals. This plan enables them to finance their investment projects while…
ENAlgerian Economic Renewal Council Re-launches Price Reduction Initiative for Ramadan
Algiers – The Algerian Economic Renewal Council launched today, Thursday, its second consecutive year of the initiative to reduce prices on widely consumed goods during the month of Ramadan, covering more than 880 products. The initiative, titled “Economically National, Socially United,” was announced during a press…
ENSonelgaz: Mediterranean Parliament Honors Mr. Aït Hamouda with the “Excellence for the Mediterranean” Award
Algiers – The Mediterranean Parliament honored the CEO of Sonelgaz, Mr. Mourad Aït Hamouda, with the “Excellence for the Mediterranean” (PAM Sustainability Award) on Thursday in Rome, Italy, during the 19th Plenary Session of the Parliament, according to a statement from the Ministry of Energy, Mines, and Renewable…
ENElection of Algerian Zouheir Hamdi as Executive Director of the Regional Center for Renewable Energy and Energy Efficiency
Algiers – Dr. Zouheir Hamdi, an Algerian national, has been elected by an absolute majority as the new Executive Director of the Regional Center for Renewable Energy and Energy Efficiency (RCREEE), which includes 17 Arab member states, according to a statement issued on Thursday by the Ministry of Energy, Mines, and…
ENHydrocarbons: Sonatrach Discusses Ways to Strengthen Cooperation with U.S. Company Chevron
Algiers – Sonatrach, Algeria‘s national hydrocarbons company, held discussions with a delegation from the U.S.-based Chevron Corporation to explore ways to enhance cooperation, particularly in the development of oil and gas resources, according to a statement from the public group. This took place during a meeting on…
ENAlgeria-European Union: 2025 Will Be a “Very Important” Milestone in Deepening Bilateral Relations
Algiers – The European Union’s Ambassador to Algeria, Diego Mellado, praised the “strong, solid, and distinguished” relations between Algeria and the EU during an event held on Monday in Algiers. He highlighted that the year 2025 will be a “fundamental and very important milestone” for strengthening and deepening…
ENEstablishment of the African Credit Rating Agency: A Step Towards Liberation from “Unobjective” Ratings
Algiers – Several experts have emphasized that the recently announced African Credit Rating Agency will play a “decisive” role in the continent’s economic and financial landscape. They noted that this institution will adopt its own evaluation system for African economies, enabling the continent to break free from…
ENAgreement Between Ministries of Finance and Agriculture to Expand Agricultural Investment Financing to Public Banks
Algiers – The Ministries of Finance and Agriculture, Rural Development, and Fisheries signed an agreement on Thursday in Algiers to expand agricultural investment financing services to all public banks, a service currently almost exclusively provided by a single public bank. The agreement was signed by the Minister of…
ENEnergy and Mining: Mr. Arkeb Discusses Cooperation Opportunities with Greek Deputy Foreign Minister
Algiers – The Minister of State, Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkeb, received the Greek Deputy Minister of Foreign Affairs, Ms. Alexandra Papadopoulou, on Thursday at the ministry’s headquarters in Algiers. The meeting focused on exploring cooperation and partnership opportunities…
ENToward Organizing Meetings Between Sonelgaz and Malaysian Energy Companies to Explore Partnership Opportunities
Algiers – The CEO of Sonelgaz, Mourad Aït Hamouda, received the Malaysian Ambassador to Algeria, Rizani Erwan Mohammad Mazlan, on Thursday in Algiers. They agreed to organize meetings between Sonelgaz and Malaysian energy companies to explore potential partnership opportunities, according to a statement from the…
ENNigerian Petroleum Minister Undertakes Working Visit to Algeria
Algiers – The Minister of Petroleum for the Republic of Niger, Sahabi Oumarou, commenced a working visit to Algeria on Sunday, leading a high-level delegation that includes the Nigerian Minister of Water Resources, Sanitation, and Environment, along with officials from the national petroleum company “Sonidap,”…
