Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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APS | صناعة، طاقة ومناجم

Béjaïa: Preparatory meeting to start the exploitation project of the zinc and lead mine in Tala Hamza

Algeria - The Wali of Béjaïa, Kamel Eddine Karbouche, chaired a coordination meeting today, Wednesday, to finalize the arrangements before starting the implementation of the exploitation project of the zinc and lead mine located between the municipalities of Tala Hamza and Oued Amezour in the coming days, according to a statement from the SONARAM group. The meeting was attended by the CEO of the SONARAM group, Rida Belhaj, the president of the Béjaïa People's Assembly, the project manager representing the Algerian-Australian joint venture 'B Z L', as well as members of the National People's Assembly, and the mayors of Tala Hamza and Amezour, and the concerned executive directors. The Wali emphasized during the meeting the 'importance of coordination and collaboration' to ensure the project's success.

Mar 4, 2026aps.dz
The Implications of Closing the Strait of Hormuz on Trade and Container Prices

The Implications of Closing the Strait of Hormuz on Trade and Container Prices

The rental price of a container has risen from $5,000 to $20,000 for lines coming from Asia. The authorities' proactive approach aims to ensure market supply and avoid any major disruptions amid the tensions recorded in the Middle East and the accompanying disturbances at the Strait of Hormuz. Algeria is highlighted among the countries affected by these changes, with improvements in oil revenues and temporary challenges that may impact maritime transport and international trade. In this context, Ali Bay Nasri, Vice President of the National Association of Exporters, confirmed that the recent developments in the Middle East, particularly the closure of the Strait of Hormuz and the disruption of maritime navigation, have imposed new parameters on the global economy in general, and on Algeria in particular, given its position as an energy country.

Mar 4, 2026echoroukonline.com
New Textile Institution Affiliated with the Army.. Here are Its Tasks!

New Textile Institution Affiliated with the Army.. Here are Its Tasks!

A new public institution has officially been established, named 'Textile Industries Development Institution', affiliated with the Ministry of National Defense, to design, manufacture, develop, and market industrial and technical fabrics and various related products, as part of supporting national industrial capabilities and enhancing the contribution of the People's National Army's economic sector to promoting local production. A new presidential decree numbered 26-106 dated February 17, 2026, was published in the latest issue of the official gazette, which includes the establishment of a new public institution in the military industries sector under the name 'Textile Industries Development Institution', reflecting a trend towards strengthening national industrial capabilities in the field of technical and industrial fabrics.

Mar 4, 2026echoroukonline.com