Économie
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EN19th Edition of the National Employment, Continuous Training, and Entrepreneurship Fair to Be Held in Algiers from February 8-10
Algiers – The 19th edition of the National Employment, Continuous Training, and Entrepreneurship Fair will take place from February 8 to 10 at the M’Hamed Yazid Palace of Culture in Algiers under the theme “Integrating Artificial Intelligence into Organizations and Institutions – Prospects and Challenges,” according…
ENChaib receives the Director General of the Algerian Investment Promotion Agency
Chayeb receives the Director General of the Algerian Investment Promotion Agency – On Thursday, in Algiers, the Secretary-General of the Algerian Investment Promotion Agency, Mr. Omar Rakash, was received by the Minister for Foreign Affairs in charge of the National Community Abroad, Sofiane Shayeb, who discussed ways…
ENArqab discusses ways to enhance bilateral cooperation with his Bosnian counterpart.
Algeria – The Minister of State, Minister of Energy, Mines, and Renewable Energies, Mohamed Arkab, received on Wednesday in Algiers, the Minister of Energy, Mines, and Industry of Bosnia and Herzegovina, Vedran Lakić, with whom he discussed ways to enhance bilateral cooperation, according to a statement from the…
ENNational Railway Transport Company Transports Nearly 6 Million Tons of Goods in 2024
Algiers – The National Railway Transport Company (SNTF) successfully transported nearly 6 million tons of goods in 2024, marking a 12% increase compared to 2023, according to a company official. Sofiane Aïbeche, Director of Management Control and Contributions at SNTF, stated that the company achieved this growth due…
ENConstantine: 80 Exhibitors Expected at the 5th Edition of the International Exhibition of Modern Buildings and New Technologies
Constantine – The fifth edition of the International Exhibition of Modern Buildings and New Technologies, “Biltac,” is set to take place from February 10 to 13, 2025, in Constantine. The event, which will host 80 local and international exhibitors, aims to showcase the latest advancements in smart construction…
ENMinister of Finance Oversees the Appointment of the New Director-General of the National Office of Statistics
Algeria – Minister of Finance, Laziz Faid, presided over the official appointment ceremony of Tewfik Haj Massoud as the new Director-General of the National Office of Statistics (ONS) on Thursday. The ceremony took place at the Ministry of Finance headquarters, in the presence of senior officials, according to an…
ENInvesting in Biodiversity: A Key to Ensuring Economic Sustainability
Algiers – Minister of Environment and Quality of Life, Nagiba Djilali, called on economic institutions to invest in biodiversity conservation, emphasizing that such investments are essential for protecting productive resources and ensuring the long-term sustainability of economic activities. Speaking at an…
ENAfrican Energy Summit Kicks Off in Tanzania with Algeria Represented by Minister Mohamed Arkab
Algiers – On Tuesday, the African Heads of State Energy Summit commenced in Dar es Salaam, Tanzania, with Algeria represented by the Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab, acting on behalf of President Abdelmadjid Tebboune. The summit, held under the theme “Lighting Africa: The…
ENPresident Tebboune Directs Enrichment of Insurance Law to Align with Algeria’s Financial Sovereignty
Algiers – During a Council of Ministers meeting on Sunday, President Abdelmadjid Tebboune instructed that the draft insurance law be further enriched to ensure its alignment with Algeria’s financial sovereignty. The President emphasized the importance of encouraging operators in the insurance sector to invest and…
ENPresident Tebboune Orders Acceleration of Grain Silo Construction Projects
Algiers – During a Council of Ministers meeting on Sunday, President Abdelmadjid Tebboune praised the progress made in the construction of grain storage silos in preparation for the upcoming harvest season. These silos are expected to reach a storage capacity of 5 million tons for the first time. The President…
ENCosmetics and Perfumes: Algeria Reduces Import Bill from $500 Million to $58 Million
Saturday, January 25, 2025, 4:39 PMCategory: Economy Algiers – Algeria has successfully slashed its import bill for cosmetics, perfumes, and personal care products to $58 million in 2024, a significant decrease from over $500 million previously. This achievement, according to Minister of Domestic Trade and Market…
ENSonelgaz CEO Hosts Delegation from Burkina Faso’s National Electricity Company
Algiers – Sonelgaz CEO Mourad Adjal welcomed a delegation from Burkina Faso’s National Electricity Company (Sonabel) on Thursday in Algiers. The meeting focused on fostering energy development in Burkina Faso, a country with deep historical ties to Algeria, according to a statement from Sonelgaz. Held at Sonelgaz’s…
ENSonelgaz Dispatches Team to Niger to Draft Cooperation Agreement with Nigelec
Algiers – Algeria’s energy conglomerate Sonelgaz announced on Thursday that a team of specialists and senior executives will be sent to Niger in the coming days to draft a memorandum of understanding with Niger’s national electricity company, Nigelec. The agreement aims to outline mechanisms for collaboration…
ENEnergy and Mines Minister Meets with MPs from Boumerdes to Address Energy and Infrastructure Concerns
Algiers – Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab, held a meeting on Thursday in Algiers with a delegation of National People’s Assembly (APN) deputies representing the electoral district of Boumerdes. The discussion focused on addressing key energy-related concerns, particularly the…
ENOpening the Capital of the Local Development Bank: A Catalyst for Economic Growth and Financial Stability
Constantine – The General Manager of the Local Development Bank (BDL), Mr. Youssef Lallmas, announced on Wednesday evening in Constantine that the decision to open the capital of the financial institution presents a significant opportunity to foster economic development and strengthen financial stability. Speaking at…
ENFinance Minister Meets Omani Ambassador and Key Investor from Suhail Bahwan Group
The Algerian Minister of Finance, Mr. Laaziz Faïd, met on Tuesday with the Omani Ambassador to Algeria, Mr. Saif Rashid Al-Badawi, who was accompanied by Mr. Saad Suhail Bahwan, one of the principal shareholders of the Omani conglomerate Suhail Bahwan Group and the Algerian-Omani Fertilizer Company. The meeting took…
ENMinister Mohamed Arkab Meets with CEO of Italian Company Zhero in Rome
Algiers – On Tuesday, January 21, 2025, Minister of State, Minister of Energy, Mines, and Renewable Energies, Mohamed Arkab, held talks in Rome with Alessandra Bassini, the CEO of the Italian company Zhero. The discussions focused on strengthening cooperation and investment in the energy sector, according to a…
EN“Southern Hydrogen Corridor” Project: Mr. Rachid Hachichi Participates in Business Forum in Rome
Algiers – The President and CEO of Sonatrach, Mr. Rachid Hachichi, participated on Tuesday, January 21, 2025, in a business forum held in Rome, Italy. The forum brought together companies from countries involved in the “Southern Hydrogen Corridor” (SoutH2 Corridor) project, according to a statement released by…
ENRehabilitation and Expansion of the Green Dam: Positive Progress Achieved Since the Project’s Relaunch
Algiers – Since the official relaunch of the Green Dam rehabilitation and expansion project in 2023, evaluations have indicated “positive” progress, according to Algeria‘s Ministry of Agriculture, Rural Development, and Fisheries. The initiative, which is deemed a strategic priority for public authorities, aims to…
ENAlgiers Stock Exchange: Public Offering of 44.2 Million New Shares of Banque de Développement Local
Algiers – On Monday, January 20, 2025, Banque de Développement Local (BDL) officially launched its capital-opening process through a public offering on the Algiers Stock Exchange. The process involves the sale of 44.2 million new shares at a price of 1,400 DZD per share. The issuance, which runs until February 20…
