Government economic decisions, reforms, budgets, and fiscal policy
Algeria - The Minister of Internal Trade and National Market Regulation, Amel Abdel Latif, emphasized today, Tuesday in Algiers, that the development of the UHT milk sector requires adopting a new vision based on valuing local resources and increasing national integration rates, with the aim of achieving a fully integrated local industry at 100 percent, according to a statement from the ministry.
Algeria - The Minister of Public Works and Basic Infrastructure, Abdelkader Jalawi, chaired today, Tuesday in Algiers, the ordinary general assembly of the road works and technical facilities group 'GITRA' (GITRA), which was dedicated to approving the social accounts of the group for the fiscal year 2025, according to a statement from the ministry.
Economy Dz aliqtissad dz Algeria economy news
Naftal announced the selection of 13 foreign operators to supply the national market with additional quantities of rubber tires starting from next September, as part of the second international tender for the acquisition of 3.5 million rubber tires, confirming that this operation will put an end to the scarcity recorded in the market. It also revealed the expansion of the tire distribution network across various provinces of the country by adding 220 new collection points, allowing for an increase in distribution capacity to 6000 tires daily, coinciding with the strengthening of its strategic partnership with the 'Iris' group for the benefit of transport professionals. According to a statement from the Naftal group, which 'Echorouk' reviewed, the CEO of the company, Jamal Cherdoud, along with the Deputy CEO of the 'Iris' group...
The CEO of Naftal, Jamal Cherdoud, announced today, Tuesday, July 7, a series of measures aimed at ensuring the availability of tires and meeting the increasing demand at the national level. According to what Naftal reported, Cherdoud revealed during a coordination meeting that brought together Naftal officials and the IRES group with representatives of professional unions for taxi drivers and passenger and freight transporters, that in the framework of the second international tender announced earlier for the procurement of 3.5 million tires, 13 foreign operators have been selected to supply the national market with significant additional quantities starting from next September, which will eliminate the recorded shortage. Watch the full content on Echourouk Online...
Economy of Algeria news
Economy of Algeria news
Economy of Algeria news
Various provinces of the country have begun the immediate implementation of a series of field measures to ensure the smooth conduct of the harvest and threshing campaign, in execution of the instructions of the President of the Republic, and in realization of the outcomes of the coordination meeting chaired by the Minister of Interior, Local Communities, and Transport, Saïd Sayoud, yesterday Monday, with the governors of the Republic, dedicated to monitoring the progress of the campaign.
Algeria continues to enhance its water security by accelerating the remote connection projects of seawater desalination stations, with the Ministry of Water Resources working on the construction of transfer networks extending up to 250 kilometers to deliver treated water to the interior provinces, as part of a national strategy aimed at ensuring a sustainable and balanced supply of drinking water.
Global liquefied natural gas trade reached a record level in 2025, rising by 6.3% to 436.98 million tons, driven by strong U.S. exports and increased European imports that offset a decline in Asian demand, according to a report by the International Gas Union, which also warned that the conflict in the Middle East could lead to a market contraction this year. The report, which was obtained by 'Echorouk Online', indicated that the recorded increase represents the fastest growth rate since 2022, noting that tensions in the Gulf region have cast a shadow over the sector's outlook, having caused damage to liquefied natural gas infrastructure and raised uncertainty about ...
Oil prices rose in today's trading on Tuesday, achieving limited gains as traders shifted their focus to supply growth.