Government economic decisions, reforms, budgets, and fiscal policy
The banking sector in Algeria is undergoing a pivotal phase imposed by rapid economic and financial transformations, presenting challenges related to the need to modernize the banking system, expand the scope of financial inclusion, and enhance the role of banks in financing development and diversifying the national economy.
Algeria - The Minister of Public Works and Infrastructure, Abdelkader Djaloui, called today, Saturday, in Algiers, for combating the phenomenon of overloading of heavyweight vehicles, emphasizing that this phenomenon poses a direct threat to traffic safety and infrastructure and requires tight coordination among various concerned sectors.
Algeria - The Ministry of Public Works and Basic Infrastructure and the National Gendarmerie signed a framework agreement today, Saturday, in Algiers, to provide the National Gendarmerie units with mobile weighing stations to monitor the load of heavy vehicles and inspect violations related to exceeding legal weights, in a move aimed at enhancing the protection of road infrastructure and reducing traffic accidents.
Algeria strengthens its position in the European energy market by launching new negotiations between SONATRACH and the German company VNG to renew the natural gas supply contract and increase the quantities exported to Germany, in a move aimed at expanding the presence of Algerian gas in the largest European economy and enhancing its role in supporting energy security on the continent. This step comes just days after the arrival of the first shipment of Algerian liquefied natural gas to Germany via the floating regasification terminal Wilhelmshaven 1, marking the first implementation of the gas supply contract signed between SONATRACH and VNG in February 2024, following the visit of the then German Vice Chancellor and Minister of Economy and Climate Protection, Robert Habeck, to Algeria.
The Director General of Algerian Customs, Major General Abdel Hafiz Bekhouch, participated in the works of the Algerian-Tunisian Joint Committee for Customs Cooperation, which took place on June 16 and 17, and discussed mechanisms to enhance bilateral cooperation between the two countries in several areas related to customs work, in addition to signing a twinning agreement between two specialized institutions in customs training, according to a statement from Algerian Customs. The statement clarified that Major General Abdel Hafiz Bekhouch, accompanied by a delegation from Algerian Customs, participated in the works of the Algerian-Tunisian Joint Committee for Customs Cooperation, where both sides discussed ways to develop cooperation and enhance coordination on issues of mutual interest.
Algeria - The Director General of Algerian Customs, Major General Abdel Hafiz Bekhouch, participated in the works of the Algerian-Tunisian Joint Committee for Customs Cooperation, held on July 16 and 17 in Tunisia, which aims to discuss mechanisms and ways to enhance bilateral cooperation between the two countries, according to a statement from Customs.
The Minister of Foreign Trade and Export Promotion, Kamel Rezig, confirmed today, Friday, in the German capital Berlin, that trade cooperation between Algeria and Germany has seen promising progress in recent years. In his speech at the opening of the Algerian-German Economic Forum, held as part of the official visit by President Abdelmadjid Tebboune to the Federal Republic of Germany, in response to an invitation […]
Berlin - Kamel Rzig, the Minister of Foreign Trade and Export Promotion, confirmed today, Friday, in the German capital Berlin, that trade cooperation between Algeria and Germany has seen encouraging progress in recent years.
Berlin - During the Algerian-German Economic Forum, held today Friday in the capital Berlin, several agreements and memoranda of understanding related to promising strategic sectors were signed.
The Minister of Foreign Trade and Promotion of Exports, Professor Kamel Rzig, confirmed that the Algerian-German Economic Forum represents a new strategic milestone in the course of bilateral relations, reflecting the shared political will to elevate economic cooperation to the level of a strategic partnership based on investment, technology transfer, and the establishment of mutually beneficial production projects, revealing that the volume of trade exchanges between the two countries reached about 3 billion dollars during the year 2025. Watch the full content on Echourouk Online.
France maintained its position as the largest importer of Algerian crude oil transported by sea during the first half of 2026, with an average import of 62,000 barrels per day, followed by Spain with 56,000 barrels per day, while the top five importing countries accounted for about 64% of Algeria's total exports, according to data from the Energy Research Unit. The data showed that South Korea ranked third with an average of 46,000 barrels per day, making it the only Asian country on the list of largest importers, followed by the United Kingdom with 45,000 barrels per day, and then the Netherlands with 38,000 barrels per day, while France alone accounted for about 16% of the total exports of Algerian crude oil transported by sea. Watch...
Statement by the President of the Algerian Economic Renewal Council, Kamal Moula.