
The value of financing from 'BDL' rises to over 1400 billion DZD in 2025
The total loans granted by the Local Development Bank in 2025 exceeded 1400 billion DZD, with a notable increase in Islamic banking activity.
Government economic decisions, reforms, budgets, and fiscal policy

The total loans granted by the Local Development Bank in 2025 exceeded 1400 billion DZD, with a notable increase in Islamic banking activity.

Economy DZD aliqtissad dz Algeria economy news

AL24 News - Showcasing the Algerian Experience in Investment at the Global Parliamentary Forum of the International Monetary Fund and the World Bank - news

The government studied a draft executive decree that includes the establishment of the national agency for energy efficiency and control, defining its tasks, organization, and operation.

The Algerian and Omani sides agreed to organize a joint business forum aimed at promoting investment opportunities and enhancing the realization of investment projects between the two countries, within the framework of boosting economic cooperation and expanding partnership areas in strategic sectors. This agreement came during a working meeting held by the Algerian Agency for Investment Promotion yesterday, Tuesday, via remote communication with the 'Invest in Oman' hall, where the two parties discussed mechanisms to enhance partnership and exchange experiences in the field of investment promotion and support, within an escalating dynamic in economic relations between Algeria and the Sultanate of Oman. Read the full content on Echourouk Online.

Data from the specialized energy platform shows that Algeria records about $0.041 per kilowatt-hour, placing it among the low-cost countries globally and enhancing its ability to maintain price stability internally despite fluctuations in energy markets. According to the same database, Iran tops the list of the cheapest electricity prices globally at $0.002/kWh, followed by Ethiopia at $0.006, then Libya at $0.008, and Kyrgyzstan at $0.010, while prices in other countries such as Angola ($0.012), Sudan ($0.014), Bhutan ($0.015), Syria ($0.018), and Egypt ($0.024) range up to Kazakhstan ($0.035), Uzbekistan ($0.038), and Iraq ($0.040), before Algeria.

Data from the specialized energy platform shows that Algeria records about $0.041 per kWh, placing it among the low-cost countries globally and enhancing its ability to maintain price stability internally despite fluctuations in energy markets. According to the same database, Iran tops the list of the cheapest electricity prices globally at $0.002 per kWh, followed by Ethiopia at $0.006, then Libya at $0.008, and Kyrgyzstan at $0.010, while prices in other countries such as Angola ($0.012), Sudan ($0.014), Bhutan ($0.015), Syria ($0.018), and Egypt ($0.024) range up to Kazakhstan ($0.035), Uzbekistan ($0.038), and Iraq ($0.040), before Algeria.

AL24 News - Brent crude falls to $94.27 per barrel - news

Oil prices have declined for the second consecutive day at the beginning of Asian trading this Wednesday.

The Minister of State, Minister of Energy, Mohamed Arkab, and the Minister of Mines and Mining Industries, Mourad Hanifi, emphasized the need to intensify coordination among various stakeholders and adhere to the specified deadlines for the realization of the integrated phosphate project, in implementation of the directives of the President of the Republic, Abdelmadjid Tebboune, aimed at enhancing natural resources and building a processing industry based on added value. This came during a coordination meeting held yesterday, Tuesday, dedicated to studying the latest developments of the strategic project in the regions of El Hadba and Oued Kbiret, where the progress of its various components was reviewed, within the framework of an integrated project for the exploitation and chemical transformation of phosphate in partnership between the SONATRACH and SONAREM groups, aimed at enhancing national resources.

The International Monetary Fund raised its economic growth forecasts for Algeria on Tuesday, expecting it to reach 3.8 percent in 2026.

Oil prices fell for the second consecutive day at the start of Asian trading on Wednesday.