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ENAlgerian Investment Promotion Agency Registers Over 11,780 Projects by End of 2024
Category: EconomyDate: Tuesday, January 7, 2025, 5:17 PM National Investment Projects Reach Record Highs in Algeria Oran – The Algerian Investment Promotion Agency (AIPA) recorded over 11,780 investment projects nationwide by the end of 2024, with a declared total investment amount exceeding 4.73 billion DZD. This was…
ENJoint Committee Established to Oversee Railway and Guided Transport Projects
Algiers – A joint committee was established on Sunday in Algiers to oversee the implementation, development, and maintenance of the railway network and guided transport projects. This initiative is a collaboration between the Ministry of Transport and the Ministry of Public Works and Infrastructure, as stated by the…
ENInsurance Sector Achieves Over 131 Billion DZD in Revenue in First Nine Months of 2024
The Algerian insurance sector has experienced significant growth, reporting revenues exceeding 131.7 billion DZD during the first nine months of 2024. This remarkable performance was highlighted by the emerging “Takaful” insurance market, according to Abdelhakim Berrah, the General Delegate of the Algerian Union of…
ENMinistry of Finance: Coordination Meeting on Digitizing National Property and Tax Services
Algiers – Minister of Finance Laaziz Faïd, alongside High Commissioner for Digitalization Mariem Ben Maouloud, chaired a coordination meeting on Thursday in Algiers to review progress in the digital transformation of national property and tax services, as stated in a ministry communiqué. The meeting, attended by…
ENMinisters Faïd and Rekhroukh Lead Coordination Meeting to Support Public Works Investment Projects
Published on: Thursday, January 2, 2025, 8:16 PMCategory: Economy Algiers – Minister of Finance Laaziz Faïd and Minister of Public Works and Basic Infrastructure Lakhdar Rekhroukh jointly chaired a coordination meeting in Algiers on Thursday. The meeting aimed to enhance consultation and coordination to support the…
ENPartial Privatization of the Bank of Local Development: Shares for Sale Starting January 20
Published on: Tuesday, December 31, 2024, 8:08 PMCategory: Economy The partial privatization of Algeria‘s Bank of Local Development (BDL) will commence on January 20, 2025, with 44.2 million new shares being offered for sale at a price of 1,400 Algerian Dinars (DZD) per share, according to Yusuf Bouznada, Chairman of…
EN2024: A Fruitful Year for Algeria’s Agricultural Sector
Published on: Wednesday, January 1, 2025, 3:52 PMCategory: Economy Algeria‘s agricultural sector experienced an exceptional surge in 2024, driven by strategic initiatives and ambitious projects aimed at boosting national production. Key areas of focus included cereal and dairy production, with the ultimate goal of…
ENCommercial Oversight: Intensive Field Operations to Ensure Availability of Essential Products During New Year’s Holiday
Published on: Wednesday, January 1, 2025, 6:49 PMCategory: Economy Algerian trade inspectors, operating under the Ministry of Internal Trade and Market Regulation, conducted extensive field operations across the country on Wednesday to ensure the availability of essential consumer goods during the New Year’s holiday…
ENAlgeria’s Mining Sector Accelerates Implementation of Key Structural Projects
Algiers – The Algerian mining sector experienced significant transformation in 2024, marked by the commencement of strategic projects and the acceleration of others. These projects, prioritized for their multifaceted impact, are set to boost the national economy and diversify exports beyond hydrocarbons. According to…
ENAlgeria Prepares for Expo 2025 in Japan: Minister Madahi Chairs Coordination Meeting
Algiers – Minister of Tourism and Handicrafts, Houria Madahi, chaired a coordination meeting with sector officials to evaluate Algeria’s participation in the Italian International Exhibition of Handicrafts and to review preparations for Algeria’s presence at Expo 2025 in Osaka-Kansai, Japan, according to a statement…
ENAir Algérie to Add 34 Weekly Domestic Flights Starting February
Algiers – Air Algérie announced on Tuesday that it will enhance its domestic flight schedule by adding 34 weekly flights starting February 1, 2025. According to the company’s statement, the new flights will create an additional 3,588 seats weekly. These flights will cover various local destinations, providing…
ENRailways in 2024: A Year of Milestones
Algeria – The Algerian railway sector achieved significant milestones in 2024, marked by the establishment of the Public Railway Construction Conglomerate. This reflects the nation’s commitment to enhancing infrastructure and developing transport services, continuing progress initiated since 2020. Guided by President…
ENMeasures to Ensure Affordable Goods During Ramadan
Béchar – The Minister of Domestic Trade and Market Regulation, Tayeb Zitouni, announced on Monday that measures have been implemented to ensure the availability of essential goods, particularly staple foods, at affordable prices during Ramadan. These measures will be supported by a robust distribution network…
ENSonarem Achieves $200 Million in Exports in 2024
Algiers – The state-owned mining company, Sonarem, reported $200 million in exports for 2024, with phosphate contributing over $193 million, according to CEO Belkacem Soltani. Achievements and Strategic Goals The company nearly met all its targets for the year, including launching several previously planned projects…
ENAlgeria’s 2025 Finance Act Officially Published
Algiers – The Finance Act for 2025 has been published in issue No. 84 of the Official Gazette following its signing by President Abdelmadjid Tebboune on November 24. Legislative Approval The law, passed by the People’s National Assembly on November 13 and the Council of the Nation on November 16, introduces various…
ENAuto Insurance in Algeria: Increased Civil Liability Premiums for 2025
Algiers – The Algerian Federation of Insurance and Reinsurance Companies announced on Sunday a rise in mandatory civil liability insurance premiums for automobiles, effective January 1, 2025. Gradual Premium Increases The adjustments will occur in two phases: A 15% increase starting January 1, 2025. An additional 15%…
ENAlgeria and Tunisia Celebrate the Graduation of the 41st Cohort from the Customs and Tax Economics Institute
Algiers – Minister of Finance Laaziz Faïd presided over the graduation ceremony for the 41st cohort of the Customs and Tax Economics Institute in Kolea (Tipaza) on Sunday. The event, which was attended by key dignitaries, marked another milestone in the institute’s rich legacy of cross-border collaboration and…
ENMining Sector Workshop: Developing Algeria’s Lithium Industry
Algiers – On Sunday, December 29, 2024, Algeria‘s Minister of State for Energy, Mining, and Renewable Energies, Mohamed Arkab, will inaugurate a workshop dedicated to developing Algeria’s lithium industry. The event aims to craft a comprehensive roadmap for advancing the sector to ensure a promising future for…
ENNational Cleaning and Hygiene Industry: Local Success and International Reach
Algiers – Algerian companies specializing in cleaning products, hygiene solutions, and personal care items have made remarkable progress in meeting local market demands. They have also succeeded in promoting domestically produced goods in international markets. During the Algerian Production Exhibition held at the…
ENFinance Minister: 2025 to Mark “Economic Reforms and Stability Support”
Algeria – Finance Minister Laaziz Fayed affirmed that 2025 will be a pivotal year in deepening economic reforms and bolstering stability, according to a statement from the Ministry of Finance issued on Friday. During a meeting of the National Committee for Assessing Risks of Money Laundering, Terrorism Financing, and…
