The Treasury announced the official launch of the subscription process for the sovereign bonds 'Ijara - Right of Use', starting from Tuesday, highlighting that this process is part of a vision aimed at diversifying the state's funding sources and mobilizing national savings. A statement from the Treasury clarified that this process is a 'significant milestone in the development of the national financial market and the enhancement of the Islamic financial system in Algeria', as it falls within a vision aimed at 'diversifying the state's funding sources, mobilizing national savings, and providing financial instruments compliant with the principles of Islamic finance, as a complementary mechanism to existing financing means.' Mezari to 'Echorouk': The new papers are compliant with Sharia and an effective alternative to traditional borrowing...
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria and Saudi Arabia explored ways to develop financial markets and enhance innovation and financial services during meetings that brought together stakeholders in the Algerian financial market and representatives from the Saudi Financial Market Authority, as part of the work of the Trade and Economy Committee stemming from the Algerian-Saudi High Coordination Council. The meetings were held at the headquarters of the Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) and via videoconferencing, providing an opportunity to exchange experiences and practices in several areas related to the development of financial markets. Read the full content on Echourouk Online.
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