Professor of Economic Sciences at the University of Algiers 3 and economic analyst Houari Tigersi revealed that Algeria currently produces about 35 percent of petroleum derivatives, with expectations to raise this percentage to 50 percent over the next two years, as part of a national strategy aimed at developing manufacturing industries and reducing dependence on imports. Tigersi explained, during his appearance on the program 'Guest of the Morning' on Radio Channel Two, that the new direction falls within the implementation of the directives of the President of the Republic aimed at accelerating the completion of major economic projects, especially in the field of petrochemical and chemical industries. Watch the full content on Echourouk Online.
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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