Government economic decisions, reforms, budgets, and fiscal policy
At the kind invitation of the Minister of Energy and Renewable Energies, Mr. Mourad Ajal, the Minister of Industry, Mr. Yahia Bachir, participated today, Monday, April 20, 2026, at the School of Management Training, in the inauguration ceremony of the Joint Intersectoral Committee for Energy Control (CIME).
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The Economic and Financial Penal Court of Sidi M'Hamed issued an order today, Monday, to imprison former Minister of Industry, Ali Aoun, after he was sentenced to 5 years in prison and a fine of one million dinars, with six years against his son, in a corruption case linked to businessman known as 'Nono Manita'.
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The Minister of Internal Trade and Regulation of the National Market confirmed during a meeting organized under the title 'Improving the Business Climate and Regulating the National Market: Between the Guarantees Granted to Enterprises and Enhancing Consumer Protection' that Algeria continues to implement gradual economic reforms aimed at modernizing the regulatory framework for economic activity and enhancing its effectiveness.
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Natural gas prices in Europe have risen after Iran closed the Strait of Hormuz, shortly after reopening it, disrupting energy supplies coming from the Arabian Gulf.
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Gold prices fell by about $65 during trading on Monday, giving up part of the gains made last week, while the price per gram declined in Algerian markets.
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The Ministry of Industry, in partnership with the Ministry of Environment and Quality of Life, organized a technical meeting yesterday, Sunday, dedicated to presenting a locally innovative station for treating polluted industrial water, as part of the implementation of the directives of President Abdelmadjid Tebboune aimed at enhancing water security and promoting innovation. The meeting, held at the Ministry of Industry, was chaired by the Chief of Staff appointed by the Minister of Industry Yahia Bacheir, in the presence of the Director General for Quality Promotion, Innovation, and Industrial Security, alongside the Director General of Environment and Sustainable Development representing the Ministry of Environment and Quality of Life, with participation from representatives of industrial institutions and production units from several provinces. Read the full content on Echourouk Online.
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Oil prices rose by more than 6% during trading on Monday, recovering part of the losses incurred last week, amid ongoing geopolitical tensions in the Middle East.
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Oil prices rose by more than 5 percent, driven by escalating tensions between the United States and Iran and a significant halt in shipping traffic through the Strait of Hormuz, raising concerns about global supply disruptions. According to trading data, Brent crude futures recorded an increase of $5.08 per barrel, or 5.62 percent, reaching $95.29 per barrel, while West Texas Intermediate crude rose by $5.01 or 5.97 percent, to $88.86 per barrel. View the full content on الشروق أونلاين.
echoroukonline.com
During a regional meeting on agricultural mechanization in Constantine, a program was revealed to enhance the national fleet with 1850 tractors and 531 harvesters, including 331 locally produced harvesters with a 75 percent integration rate and 200 imported harvesters. Additionally, a framework agreement was signed between the National Fund for Agricultural Cooperation and the 'Agro Drive' branch to insure equipment and facilities, in a step aimed at supporting the modernization of the sector, improving performance, and ensuring the continuity of agricultural activity. The meeting, organized by the National Fund for Agricultural Cooperation, was titled 'Agricultural Mechanization as a Key Lever for Modernization, Performance Improvement, and Ensuring the Security and Stability of Agricultural Investments,' and was attended by officials from the agriculture sector, where the Director General of Agricultural Production at the Ministry of ...
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The Tanit port is preparing to receive seven Algerian fishing vessels as part of the implementation of the cooperation protocol between Algeria and Mauritania, aimed at exploiting an agreed fishing quota estimated at 31,120 tons, following a field visit by the Minister of Agriculture, Rural Development, and Fisheries, Yacine Walid, to the fishing facilities in Nouakchott, according to a statement from the ministry. The visit aimed to activate the provisions of the protocol signed during the twentieth session of the Algerian-Mauritanian Joint High Commission, allowing for an assessment of the readiness of the infrastructure, especially at Tanit port, which will serve as a focal point for the actual activity of the Algerian fleet in fishing. Read the full content on Echourouk Online.
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As part of a special visit.
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The Minister of Public Works and Basic Infrastructure, Mr. Abdelkader Jlaoui, chaired two working sessions this Monday evening dedicated to monitoring ongoing railway projects and the expansion project of Annaba port, in implementation of the instructions given by the President of the Republic, Mr. Abdelmadjid Tebboune, during the Cabinet meeting held yesterday, Sunday, according to a statement from the ministry.
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