
Launch of 73% Completion of the First Phase Housing for ADL 3 - Iqtissad Al Balad
The economy of Algeria aliqtissad dz Algeria economic news
Government economic decisions, reforms, budgets, and fiscal policy

The economy of Algeria aliqtissad dz Algeria economic news

The Bank of Algeria has ordered accredited intermediary banks to tighten control over import operations of goods intended for resale, by subjecting economic operators to a prior assessment of their financial capabilities, and preventing the value of unsettled import operations from exceeding their private funds, in a new step aimed at enhancing control over foreign trade and securing the financial balances of importers. According to Instruction No. 05-2026 signed by Governor Mohamed Lamine Labo on May 19, 2026, which was reviewed by 'Echorouk', these measures were implemented in accordance with the provisions of Article 42 of Regulation No. 07-01 dated February 3, 2007, as amended and supplemented, concerning the rules applicable to transactions with abroad...

Algeria - The Minister of Public Works and Basic Infrastructure, Abdelkader Djalawi, chaired a meeting today, Tuesday, with sector directors for the central provinces to assess the progress of ongoing projects, according to a statement from the ministry.

Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arqab, received today, Tuesday in Algiers, a delegation from the Ministry of Petroleum of the Republic of Niger, led by the Secretary General of the ministry, Abdou Karim Mohamed Ali, according to a statement from the ministry.

Algeria - Energy and Renewable Energies Minister, Mourad Ajal, received today, Tuesday, the Minister of Energy of the Republic of Niger, Amadou Hawa, with whom he discussed ways to enhance bilateral cooperation and expand partnership horizons between the two countries in the energy sector.

Economy DZD aliqtissad dz Algeria economy news

When the leaders of the fifty-four African countries gather in New Delhi this month for the fourth session of the India-Africa Forum Summit (IAFS-IV), this event will embody the spirit of solidarity between the peoples of India and Africa. The mechanism for holding India-Africa Forum Summits was institutionalized in 2008 to enhance Indian-African relations in an organized and focused manner. The third session of the India-Africa Forum Summit was held in 2015. Read the full content on Echourouk Online.

India is preparing to host the fourth summit of the India-Africa Forum from May 28 to 31, 2026, in New Delhi. This event is organized in partnership with the African Union Commission. This prominent platform will bring together leaders from all African countries in the spirit of partnership and cooperation among southern countries. Indian leadership has redefined India's relations with Africa. Prime Minister Narendra Modi has laid out ten guiding principles focusing on capacity building, creating local opportunities, maintaining open markets, sharing India's experiences and best practices, using technology for development in Africa, and enhancing education and improving agriculture, health, and more. Most importantly, Prime Minister Modi...

DZD economy aliqtissad dz Algeria economy news

The visit of the Minister of Energy and Renewable Energies, Dr. Mourad Adjall, today Monday to the states of El-Mghair and Biskra was not just a ceremonial inauguration tour, but an official announcement of Algeria entering the phase of 'reverse commercial engineering' for its energy wealth. With the commissioning of the 'Tendla' and 'El-Ghrous' stations with a total capacity of 400 megawatts, Sonelgaz is injecting the first quantities of clean electricity into the national grid, opening a window for its counterpart SONATRACH to export billions of cubic meters of natural gas to European spot markets.

The Minister of State, Minister of Energy, Mohamed Arkab, discussed with a delegation from the Ministry of Petroleum of the Republic of Niger ways to enhance bilateral cooperation in the hydrocarbons sector and expand partnership areas along the value chain, including refining, petrochemicals, drilling, field development, and facility maintenance, in addition to developing petroleum product activities in Niger with the contribution of Naftal, promoting local content, and exchanging expertise in oil data management, environmental protection, and petroleum services. Arkab reiterated, during the meeting held today, Tuesday, at the ministry's headquarters, Algeria's readiness, through SONATRACH and its subsidiaries, to support Niger in developing the hydrocarbons sector by transferring Algerian expertise and intensifying programs.

The Minister of State, Minister of Energy, Mr. Mohamed Arkab, received on Tuesday, May 19, 2026, at the ministry headquarters, a delegation from the Ministry of Petroleum of the Republic of Niger, led by the Secretary General of the Ministry of Petroleum, Mr. Abdel Karim Mohamed Ali, accompanied by the Director General of the National Petroleum Company “SONIDEP”, in the presence of officials from both sides.