
Algiers: Establishment of 57 new lines and allocation of 220 'Etusa' buses - Iqtissad Al Balad
Economy Dz aliqtissad dz Algeria economy news
Government economic decisions, reforms, budgets, and fiscal policy

Economy Dz aliqtissad dz Algeria economy news

The separation of mining from hydrocarbons.. A beginning of economic transformation - Giant projects lead the new strategy - Gara Djebilet and phosphate at the forefront - Experts: Mining is a supportive alternative to hydrocarbons - A bet on manufacturing instead of raw export and the success of the transformation depends on reforms. The mining sector in Algeria has witnessed a significant institutional and strategic transformation following a new ministerial amendment that reshaped the management map of the hydrocarbons and mining sectors, alongside accelerating the implementation of major mining projects aimed at enhancing economic diversification and reducing reliance on hydrocarbons.

The Algerian Agency for Investment Promotion announced on Thursday the availability of a number of prepared real estate plots to host investment projects across several provinces, as part of its strategy to encourage investment and enhance economic development, inviting investors and project holders to express their wishes to determine the nature of the activities that will be allocated to these properties. The agency clarified in a statement that the concerned real estate plots are located in several industrial zones, including the industrial zone of Douams in Constantine, the industrial zone of Ras El Ma in Sidi Bel Abbes, the industrial zone of El Aricha in Tlemcen, in addition to the industrial zone of Bougzel in both Djelfa and Médéa, and the industrial zone...

Algeria - The Ministry of Interior, Local Communities and Transport announced in a statement that the public institution for urban and suburban transport of Algiers, "Ettouza", has received 102 new buses as part of a total allocation of 320 buses received from the vehicle manufacturing development company in Rouiba, affiliated with the Military Industries Directorate.

AL24 News - Oil rises amid doubts over ending Iran war - news

Algeria maintained its position as the second largest African exporter of liquefied natural gas during the first quarter of 2026, despite a recorded decline in exports of 8% to settle at 2.04 million tons, compared to 2.23 million tons in the same period of 2025, according to data from the Energy Research Unit. According to the same data, Algeria ranked directly behind Nigeria, which topped the continent with a share of 4.99 million tons, while the top five African countries collectively accounted for 88% of the total LNG exports in the continent during the same period, which increased overall by 27% to reach 11.32 million tons. Watch the full content on الشروق أونلاين

It is believed that the Algerian Professional Office of Cereals purchased hard wheat in an international tender held yesterday, Wednesday, according to European traders, who suggested that the deal included quantities that could reach several hundred thousand tons, although the final purchase volume has not been officially announced. Traders explained, according to Reuters, that the tender aimed for a nominal quantity of 50,000 tons, but Algeria often exceeds the specified quantities in such operations, reinforcing the hypothesis of a larger purchase volume than officially required. Read the full content on Echourouk Online.

AL24 News - Gold prices rise supported by weak dollar - news

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, chaired a coordinating working meeting on Wednesday that included ministry officials and representatives of the professional association of banks and financial institutions.

Global demand for natural gas is expected to rise by 31 percent to reach 5417 billion cubic meters by 2055, compared to 4137 billion cubic meters in 2024, with an estimated annual growth rate of 2.7 percent, while its share in the global energy mix increases from 23 percent to 26 percent during the same period, according to the report 'Global Outlook of the Gas Exporting Countries Forum 2055'. The report's data indicated that the share of electricity in final energy demand will rise from 22 percent in 2024 to 32 percent by 2055, making it the main driver of gas consumption growth, as the energy sector accounts for more than half of the expected additional demand. View the full content on Echourouk Online.

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, emphasized the need to enhance coordination among various actors in the banking and financial system, aiming to facilitate foreign trade operations and improve support for economic operators, especially regarding the banking localization procedures for estimated import programs in the fields of management and equipment, alongside developing financing mechanisms through financial leasing. This came during his chairing of a coordination working meeting yesterday, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, in addition to commercial banks authorized to engage in foreign trade and financial leasing companies, where the meeting was dedicated to presenting and clarifying the recent related procedures.

Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, chaired a coordination working meeting today, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, as well as commercial banks authorized to engage in foreign trade, and financial leasing companies, according to a statement from the ministry.