
Tindouf.. Launch of works for the construction of a new mineral extraction station with a capacity of 10,000 cubic meters per day - Iqtissad Al Balad
The economy of Algeria news
Government economic decisions, reforms, budgets, and fiscal policy

The economy of Algeria news

The Algerian Agency for Investment Promotion recorded 675 investment projects in the plastics sector with a declared value exceeding 138 billion DZD, according to its Director General, Omar Rkash, today Monday in Algiers, highlighting the role of this strategic sector in diversifying the national economy and enhancing industrial transformation. This was stated during a speech at a workshop dedicated to the plastics and polymer sector, organized by the agency and the Council […]

Rakach: 6 foreign direct investments and 18 in partnership with local operators. Moul: a methodology studying each professional specialty to reach practical and precise solutions. The Algerian Agency for Investment Promotion recorded 675 investment projects in the plastics sector with a declared value exceeding 138 billion DZD, according to its Director General, Omar Rakach, on Monday in Algiers, highlighting the role of this strategic sector in diversifying the national economy and enhancing industrial transformation. This was stated during a speech at a workshop dedicated to the plastics and polymer sector, organized by the agency and the Algerian Economic Renewal Council, under the slogan 'Enhancing Economic Growth through Strategic Guidance for Productive Investment' with the presence of economic operators.

Minister of Water Resources Taha Derbal oversaw the launch of works for the construction of a new mineral removal station with a capacity of 10,000 cubic meters per day, in addition to a project to expand the old station to increase its production capacity from 15,000 cubic meters per day to 20,000 cubic meters per day, during a work and inspection visit to the Wilaya of Tindouf on Monday.

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Finance Minister Abdel Karim Boualzerd presented the 2023 budget settlement bill to the members of the National People's Assembly in a public session chaired by the Assembly President, Ibrahim Bougali, with the presence of the Minister of Relations with Parliament, Najiba Djilali.

Qatar Energy announced on Monday the suspension of LNG production following Iranian attacks on its operational facilities at two sites. The state-owned company stated in a press release: "Due to a military attack on its operational facilities in the Ras Laffan Industrial City and the Mesaieed Industrial City in Qatar, Qatar Energy has halted LNG production and related products." Qatar clarified...

The European Commission stated on Monday that it does not expect the escalation of the conflict in the Middle East to have any immediate impact on the security of oil supplies for the European Union. In an email to the bloc's governments seen by Reuters, the European Commission said: 'At this stage, we do not expect there to be an immediate impact on the security of oil supplies.' It urged European governments to share their assessments...

Béjaïa Port recorded today, Monday, the arrival of a ship loaded with 6,397 heads of sheep coming from Spain, as part of the program to supply the national market with red meat. This operation is in line with the policy pursued by the President of the Republic to ensure the availability of essential foodstuffs and stabilize prices in various regions of the country. Watch the full content on الشروق أونلاين

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The President of the Algerian Chamber of Commerce and Industry, Tayeb Chab, and the General Director Chakib Ismail Gouidri, during a meeting with His Excellency the Ambassador of Belgium to Algeria, Jean-Jacques Quiryns, emphasized the need to strengthen economic relations between Algeria and Belgium and to develop trade exchanges and investments between the two countries, particularly in strategic sectors such as energy, renewable energies, and the automotive industry. The chamber stated in a statement that the meeting held yesterday, Sunday, was to discuss the reactivation of the Algerian-Belgian Businessmen's Council, which was established in 2004, aimed at supporting bilateral economic relations and identifying promising projects and enhancing sectoral partnerships between the two sides. View the full content on...