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ENAlgerian Product Expo in Doha: Several Agreements Signed Between Algerian and Qatari Companies
Algiers – The first edition of the Algerian Product Expo in Qatar concluded with the signing of several partnership agreements between Algerian and Qatari companies, as announced in a statement from the Algerian Ministry of Trade and Export Promotion. Among the key agreements signed: A Memorandum of Understanding…
ENOil Prices on Track for Weekly Gains Amid Middle East Tensions
Oil prices rose in early Asian trading on Friday, positioning for weekly gains exceeding 1%, as geopolitical tensions in the Middle East continue to influence market sentiment. Brent crude futures increased by 45 cents (0.6%) to $74.83 per barrel, while West Texas Intermediate (WTI) crude futures climbed 43 cents…
ENRenewal of Algeria’s Bus Fleet to Rely on Local Manufacturing
Algiers – Algeria’s Minister of Transport, Mohamed El Habib Zahana, announced on Thursday that the government is committed to modernizing the national bus fleet through locally manufactured vehicles. This initiative aims to strengthen the transportation sector while supporting the country’s industrial capabilities…
ENMinister Didouche Emphasizes Investment as Key to Revitalizing Algeria’s Tourism Sector
Algiers – Minister of Tourism and Handicrafts, Mokhtar Didouche, underscored the critical role of investment in driving the growth of Algeria’s tourism sector, particularly in regions with significant potential to become standout tourist destinations. Speaking during a public session in the National People’s Assembly…
ENMinister Didouche Highlights Investment as Key to Advancing Algeria’s Tourism Sector
Algiers – Algeria’s Minister of Tourism and Handicrafts, Mokhtar Didouche, stressed the importance of investment in revitalizing the country’s tourism sector, particularly in regions with significant potential to become prime tourist destinations. Speaking during a public session of the National People’s Assembly…
ENInsurance Sector: Strategic Partnership Agreement Signed Between the National Agricultural Cooperation Fund and the Association of Contractors and Industrialists
Published: Thursday, October 24, 2024, 13:33 | Category: Economy Algiers – The National Agricultural Cooperation Fund (CNMA) and the Association of Contractors and Industrialists in Algeria (CIPA) have signed a framework partnership agreement to formalize their relationship, particularly in the area of insurance. This…
ENAlgeria’s 2025 Finance Bill: Completion of 235,000 New Housing Units Announced
Published: Thursday, October 24, 2024, 14:30 | Category: Economy Algiers – Algeria‘s Minister of Housing, Urban Development, and the City, Mohamed Tarek Belaribi, announced today that the government has registered the completion of 235,000 new housing units as part of the 2025 Finance Bill. The minister also…
ENAlgerian Minister Zaitouni Visits Baladna Factory in Qatar to Strengthen Economic Cooperation
Algiers – On Wednesday, Minister of Trade and Export Promotion, Tayeb Zaitouni, visited the Baladna factory in Doha as part of his working visit to Qatar, according to a statement released by the ministry. This visit falls within the framework of reinforcing economic and investment cooperation between Algeria and…
ENAlgerian-Korean Collaboration on Carbon Emission Reduction
The Algerian Commission for Renewable Energy and Energy Efficiency is set to organize a workshop this Thursday in Algiers, focusing on decarbonizing the industrial sector. This event will take place in partnership with the Korean International Cooperation Agency (KOICA), aiming to foster knowledge exchange and…
ENGlobal Parliamentary Forum 2024: Algeria Showcases Efforts to Diversify Its Economy
Algiers – The 2024 Global Parliamentary Forum, organized by the World Bank and the International Monetary Fund (IMF), kicked off on Monday in Washington, D.C., with the participation of two deputies from Algeria’s National People’s Assembly. The Algerian representatives highlighted their country’s efforts to diversify…
ENAlgerian Energy and Mining Delegation Visits the Czech Republic to Explore Investment Opportunities
Algiers – A delegation from Algeria’s Ministry of Energy and Mining began a working visit to the Czech Republic on Monday to explore investment and partnership opportunities in the mining sector, according to a statement from the ministry. The delegation is led by Abdelkarim Aouissi, Secretary General of the Ministry…
ENFinance Minister Faid Reaffirms Government’s Commitment to Strengthening the Financial Market and Its Funding Mechanisms
Algiers – The Minister of Finance, Laziz Faid, reiterated the government’s commitment to supporting the financial market and enhancing its funding mechanisms to improve efficiency and attractiveness. Faid called on stakeholders to intensify efforts to revitalize the financial sector and facilitate access to financing…
ENExploring Ways to Strengthen Cooperation Between the Algerian and Tunisian Stock Exchanges
Algiers – On Sunday, the Algerian Stock Exchange hosted a delegation from the Tunisian Stock Exchange to discuss ways to enhance cooperation between the two institutions, with a particular focus on boosting the role of brokers. Speaking to the press after the meeting, Yazid Ben Mouhoub, Director-General of the…
ENPresident Tebboune Orders Unrestricted Imports of Raw Materials for Production
Algiers – During a Council of Ministers meeting on Sunday, President Abdelmadjid Tebboune issued a directive to allow the unrestricted import of raw materials essential for production and key industries, according to a statement released by the Council. The communiqué stated that after reviewing a presentation on…
ENAlgiers Stock Exchange: Market Operations Oversight Committee Proposes Expanding Broker Activities to Include Insurance Companies
Algiers – The Committee for the Organization and Supervision of Stock Market Operations (COSOB) has proposed allowing insurance companies to act as brokers in the Algerian stock market as part of a preliminary financial market reform project, according to the committee’s chairman, Youssef Bouznada, during a press…
ENAlgerian Food Industry Group “Agrodiv” Instructed to Ensure Market Stability in Essential Goods
On Saturday, October 19, 2024, Algeria‘s Minister of Industry and Pharmaceutical Production, Ali Aoun, issued directives to officials of the “Agrodiv” food industry group. The instructions emphasized the importance of meeting national market demands for essential goods and preventing shortages, particularly in…
ENThe Creation of a Port Authority to Modernize Algeria’s Port Management
Algiers – On Thursday, October 17, 2024, the Algerian Minister of Transport, Mohamed El Habib Zahana, announced in Algiers that the upcoming establishment of a port authority will align Algeria’s port management practices with modern standards. He emphasized that the authority’s main role will be to enhance the…
ENStrengthening Cooperation Between Algeria and the Arab Bank for Economic Development in Africa
Nor-Eleslam | DZWATCH On the sidelines of the opening ceremony of the African Creative Days “CANEX 2024”, Algeria‘s Minister of Trade and Export Promotion, Tayeb Zitouni, held discussions on Thursday with the Director-General of the Arab Bank for Economic Development in Africa (BADEA), Sidi Ould Tah. According to a…
ENWorld Food Day: Food Security as a Strategic Priority in Algeria’s Development Efforts
Algiers – On the occasion of World Food Day, observed annually on October 16, Algeria reaffirmed its commitment to food security as a central pillar in its economic and social development strategies. This message was conveyed by Hamid Ben Saad, Secretary-General of the Ministry of Agriculture and Rural Development…
ENFinance Minister Faïd Chairs Evaluation Meeting on Strategic Plan of the General Directorate for Foresight
Algiers – On Monday, October 14, 2024, Finance Minister Laaziz Faïd presided over a coordination meeting aimed at evaluating the implementation of the strategic plan of the General Directorate for Foresight, according to a statement issued by the Ministry of Finance. This meeting is part of a series of efforts to…
