Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Minister of Industry Orders Acceleration of Projects 'Bellara' and 'Bledna'

Minister of Industry Orders Acceleration of Projects 'Bellara' and 'Bledna'

The Minister of Industry, Yahia Beshir, has decided to remove all obstacles and accelerate the pace of the strategic industrial projects of the Algerian-Qatari Steel Company in Bellara, Jijel Province, and the milk and infant milk production project represented by the 'Bledna Algeria' group, ensuring their entry into operation as soon as possible. According to a statement from the Ministry of Industry published on its official Facebook page, the minister received today, Monday, the Ambassador of Qatar to Algeria, Abdulaziz Ali Al-Naimah, accompanied by representatives of the Algerian-Qatari Steel Company.

Jun 29, 2026echoroukonline.com
Sidal Group Achieves Exceptional Results for the Financial Year 2025

Sidal Group Achieves Exceptional Results for the Financial Year 2025

The Sidal Group held its ordinary general assembly today, Monday, June 29, at the 'Jardi' hotel in Algiers, dedicated to approving the board of directors' report and adopting the financial results for the year 2025. According to a statement from the Sidal Group, it recorded a 'historic performance' at the end of this financial year, reflecting, according to the same source, 'the validity of its strategic vision, the commitment of its human resources, and the renewed trust it enjoys from its partners.' Read the full content on Echourouk Online.

Jun 29, 2026echoroukonline.com
إقتصاد - الشعب

Bouzegza: Proactive measures to ensure citizens' water supply

The Minister of Water Resources, Lounes Bouzegza, stated that his sector has mobilized various human, technical, and material resources to ensure the supply of potable water to citizens during the summer season, by increasing supply quotas from dams and enhancing reliance on seawater desalination and receiving new wells and tanks, in addition to establishing daily monitoring mechanisms for rapid intervention in case of any disturbances, today Monday in Algiers.

Jun 29, 2026echaab.dz
Omani Foreign Minister: We oppose imposing transit fees in the Strait of Hormuz and there is no ambiguity in that

Omani Foreign Minister: We oppose imposing transit fees in the Strait of Hormuz and there is no ambiguity in that

Omani Foreign Minister Badr al-Busaidi confirmed today, Monday, that the Sultanate of Oman opposes imposing fees on ships passing through the Strait of Hormuz, in adherence to international law and ensuring freedom of navigation in international maritime corridors. Badr al-Busaidi clarified, according to a statement from the Omani Ministry of Foreign Affairs, that there is no ambiguity regarding this position, pointing out that what is being proposed relates to discrimination between ...

Jun 29, 2026al24news.dz
Iran announces the release of $6 billion of its frozen assets in Qatar

Iran announces the release of $6 billion of its frozen assets in Qatar

Iranian state media reported, citing President Masoud Bezhakian, that Iran will recover $6 billion of its frozen assets in Qatar, out of a total of $12 billion, following an agreement reached with the United States that resulted in the lifting of sanctions on the oil and petrochemical sectors. Bezhakian explained today, Monday, that the release of these funds comes as part of the implementation of the temporary agreement reached between Tehran and Washington during the current month of June, paving the way for a comprehensive settlement of the ongoing conflict between the two countries.

Jun 29, 2026echoroukonline.com
Oil and gold prices experience sharp fluctuations in global markets

Oil and gold prices experience sharp fluctuations in global markets

Global markets witnessed a volatile and sharp start to the week, with oil prices rising significantly while gold prices fell, amid renewed direct military confrontations between the United States and Iran, raising increasing concerns about the security and safety of energy supplies through the Strait of Hormuz. This coincided with ongoing economic forecasts of an increase in U.S. interest rates, with Brent crude futures rising by 0.9 percent to reach $73.27 per barrel by 6:25 AM GMT, while West Texas Intermediate crude rose by 1.2 percent, recording $70.04 per barrel.

Jun 29, 2026echoroukonline.com
Minister of Internal Trade Reviews Sector Reforms Before IMF Delegation

Minister of Internal Trade Reviews Sector Reforms Before IMF Delegation

The Minister of Internal Trade and Regulation of the National Market, Amel Abdel Latif, received a delegation from the International Monetary Fund headed by the head of the Fund's mission to Algeria, Charalampos Tsongaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its Articles of Agreement, according to a statement from the ministry. The meeting held yesterday, Sunday, was an opportunity to review the economic reforms initiated by the internal trade sector, particularly in the areas of market regulation, enhancing transparency, and improving ...

Jun 29, 2026echoroukonline.com