Algeria was elected today, Monday in Riyadh (Kingdom of Saudi Arabia), as Deputy Chairman of the Executive Office of the Arab Ministerial Council for Electricity, during the 16th meeting of the council, which was attended by the Minister of Energy and Renewable Energies, Mourad Adjail, in a move that strengthens Algeria's participation in Arab coordination and cooperation mechanisms in the electricity sector, according to a statement from the ministry.
Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rezig, discussed today, Monday in Algiers, ways to enhance trade exchanges and expand economic cooperation with both Somalia and Russia, according to a statement from the ministry.
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Algeria - The National Savings and Investment Fund and the National Insurance Company announced the strengthening of their strategic partnership by launching a bundled insurance offer with preferential terms for public transport operators who purchase buses under long-term loans, according to a joint statement from the two institutions.
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The national economy is expected to continue its positive trend in 2027, with a projected growth of 4.2 percent, thanks to the anticipated performance of sectors outside hydrocarbons, particularly industry, construction, services, and agriculture, according to the draft finance law for 2027 presented by Finance Minister Mohamed Lamine Lobou today, Monday, before the Finance and Budget Committee of the National People's Assembly.
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