
Emergency programs for water consumption to ensure quality service - Iqtissad Al Balad
The economy of Algeria news
Government economic decisions, reforms, budgets, and fiscal policy

The economy of Algeria news

Oran - The sale operation of imported Eid sacrifices began today, Monday, in the Wilaya of Oran through six approved sales points, as observed on site.

Algeria - The Minister of Internal Trade and Regulation of the National Market, Amel Abdel Latif, presented today, Monday in Algiers, the draft amended law to Law No. 04-08 concerning the conditions for practicing commercial activities before the Economic and Financial Affairs Committee of the Council of the Nation.

Algeria - The Bank of Algeria has issued a new instruction defining the Know Your Customer (KYC) procedures applicable to banks and financial institutions as well as the financial services of Algeria Post.

Linking factory needs with the production of spare parts.. and emerging institutions as a lever for development. Vocational training and scientific research directly related to industry requirements and artificial intelligence. A move towards a national industrial hub to meet local market demands and export to Africa. The Algerian Economic Club emphasized that building a comprehensive automotive industry in Algeria must start from utilizing raw materials, especially iron and plastic, as they are essential elements in manufacturing vehicle components. It also considered that reducing the import bill and building a local production chain from raw materials to the final product would support national production and achieve a more stable economic balance. It confirmed in the same context that linking car factories...

DZD economy aliqtissad dz Algeria economy news

Adrar - The barley harvest campaign began today, Monday, in Adrar across the agricultural area of the Algerian-Qatari integrated project 'Baladna', in the municipality of Tamest (south of Adrar).

The European Commission stated today, Monday, that the European Commissioner for Trade, Maroš Šefčovič, will meet with the U.S. Trade Representative, Jameson Greer, tomorrow, Tuesday. A spokesperson for the Commission in Brussels said the meeting will take place on the sidelines of the G7 trade ministers' meeting, adding: 'I will not speculate on the outcome of these discussions at this stage.' Trump announced last Friday that he intends to increase tariffs on cars and trucks imported from the European Union to the United States to 25%, indicating that the European Union is not committed to a trade agreement. The European Union rejected this accusation and threatened to take retaliatory measures if the increase is implemented.

The Bank of Algeria issued a new instruction numbered 04-26 dated April 30, 2026, in implementation of the provisions of system number 03-24 dated July 24, 2024, related to the prevention of money laundering and the financing of terrorism and the proliferation of weapons of mass destruction and their combating, amended and supplemented.

Saïd Chengriha, the Minister Delegate to the Minister of National Defense and Chief of Staff of the People's National Army, today, Monday, May 4, 2026, oversaw the opening of a national conference titled: 'The Algerian Approach to Building Security and Peace in Africa', at the National Army Club in Ben Aknoun.

The economic and financial expert Idir Sassi estimated the importance of the issue of inflating export invoices and the failure to recover hard currency, considering it one of the most prominent files strongly raised in the current economic discussion. This comes at a time when the President revealed during his regular meeting with the national press that about 350 million dollars had not entered the state treasury due to what he described as 'deliberately reducing the value of exports.' President Abdelmadjid Tebboune continued, saying: 'We got rid of the gang inflating import invoices, and we found ourselves facing a new gang deliberately reducing the value of exports.' Read the full content on Echourouk Online.

The Annaba Port Authority in Algeria announced yesterday, Sunday, the export of more than 42,000 tons of cement and clinker to European and American markets, as part of efforts to support exports outside the hydrocarbon sector.