Back

This is what Algeria will gain from the advantages and funds due to transit shipping

January 28, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
This is what Algeria will gain from the advantages and funds due to transit shipping

The operation will provide the public treasury with at least 800 million dollars annually by reducing the cost of shipping a single container between 200 and 500 dollars, breaking the monopoly of foreign ports... and attracting giant container carriers. Maritime shipping and supply chain expert Nasreddine Bougachiche stated that the registration of the Djendjen port in Jijel for the first national transit shipping operation is a significant and qualitative success, confirming that this operation would not have been possible without the new dock coming into service, which allowed for the reception of giant ships and large-sized container carriers, which will save Algeria at least 800 million dollars annually in container shipping costs. Expert Bougachiche explained in a statement to

Share on social media

Related Articles

Algeria and Saudi Arabia Discuss Developing Financial Technology and Sukuk Market

Algeria and Saudi Arabia Discuss Developing Financial Technology and Sukuk Market

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.

Sep 13, 2026echoroukonline.com
Algeria Overtakes the UAE as the Top Supplier of Naphtha to South Korea

Algeria Overtakes the UAE as the Top Supplier of Naphtha to South Korea

Algeria has become the top supplier of naphtha to South Korea during the first half of 2026, with a share of 17.2% of the country's total imports of this material, surpassing the United Arab Emirates, the United States, India, and Oman, according to data from the Korea International Trade Association (KITA) reported by the Embassy of the Republic of Korea in Algeria. KITA's figures showed that Algeria's share of South Korea's naphtha imports reached 17.2% during the first six months of the year, compared to 14.5% for the United Arab Emirates, 13.0% for the United States, 9.7% for India, and 9.3% for Oman. View the full content on Echourouk Online.

Sep 13, 2026echoroukonline.com
BRICS Finance Ministers Call for Reform of Global Financial Institutions

BRICS Finance Ministers Call for Reform of Global Financial Institutions

Finance ministers and central bank governors from BRICS countries have called for reform of global financial institutions, primarily the International Monetary Fund and the World Bank, to give emerging and developing economies a greater role in the global economic governance system. The financial officials stated in a joint statement that reforming global economic governance remains a 'constant priority' for BRICS, amid the growing share of emerging and developing economies in global output and growth. Read the full content on الشروق أونلاين.

Sep 13, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.