
Sharp decline in gold and silver prices after the dollar rises to a two-week high - 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 expansion works at Annaba port, included in the integrated phosphate project, have been closely monitored to enhance the pace of completion and ensure the project is finished within the specified timelines, in accordance with the instructions of the President of the Republic issued during the Council of Ministers meeting on January 25, 2026. The Minister of Public Works and Basic Infrastructure, Abdelkader Djellali, chaired a coordination meeting yesterday, Wednesday, dedicated to following up on the progress of the works and determining the conditions for implementing the new work schedule within the project. Read the full content on Echourouk Online.

Algeria ranked fourth globally in helium production in 2024, after increasing its output by 3 million cubic meters to reach 11 million cubic meters, within a global total of 180 million cubic meters. The country extracts helium as part of liquefied natural gas production operations, especially from the Hassi R'Mel field, one of the largest natural gas fields in the world, with a production capacity of about 50 million cubic meters annually, making it the third largest Arab country after Qatar in the production capacity of this strategic resource. View the full content on Echourouk Online.

The Director General of the Algerian Investment Promotion Agency, Omar Rekach, received the Resident Representative of the World Bank Group in Algeria, Jamila Haj Bay Oglu Jirin, in a meeting that discussed prospects for enhancing cooperation and partnership aimed at supporting investment promotion and improving the business climate, through technical support, capacity building, and developing modern mechanisms to serve investors. According to a statement from the agency, the meeting focused on ways to develop cooperation in line with the state's priorities in the field of economic diversification and promoting sustainable investment, through the exchange of experiences and enhancing modern working tools that facilitate the accompaniment of investors and support the attractiveness of the investment environment. Watch the full content on الشروق أونلاين.

The Minister of Foreign Trade and Export Promotion, Professor Kamel Rezig, is participating in the works of the 117th ordinary session of the Economic and Social Council of the Arab League, where Algeria will chair this session to discuss economic, social, and developmental files aimed at enhancing Arab joint action. According to a statement from the relevant ministry, the meeting is being held today, Thursday, at the headquarters of the General Secretariat of the Arab League. Read the full content on Echourouk Online.

The Italian Minister of Environment and Energy Security, Gilberto Pichetto Fratin, arrived in Algeria yesterday evening to participate in the international seminar titled 'North Africa – Connecting Continents and Creating Opportunities', organized by the Bank of Algeria in collaboration with the International Monetary Fund, accompanied by a delegation. This visit is part of the participation in the seminar aimed at discussing the prospects for economic connectivity and enhancing cooperation and investment opportunities among the countries in the region, supporting economic integration and strengthening international partnerships. Read the full content on Echourouk Online.

Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, will chair the ministerial meeting of the 117th ordinary session of the Economic and Social Council of the Arab League tomorrow, Thursday, in Cairo (Egypt), as part of Algeria's presidency of this session, according to a statement from the ministry today, Wednesday.

Algeria - Finance Minister Abdel Karim Boualzerd received a delegation from the International Monetary Fund, led by Managing Director Kristalina Georgieva, on Wednesday in Algiers, on the eve of the international economic conference organized by the financial authority in partnership with the Bank of Algeria.

Statements from the Managing Director of the International Monetary Fund following her reception by the President of the Republic.

As part of its ongoing participation in the ninth edition of the Nigeria International Energy Conference and Exhibition (NIES 2026), the Secretary General of the Ministry of Energy and Mines, Mr. Miloud Majeld, participated in a working meeting dedicated to following up on the activation and launch of the African Energy Bank, in the presence of Algeria's representative to the African Petroleum Producers Organization (APPO), along with several officials from the Ministry of Energy and Mines and the SONATRACH group.

The Ministry of Agriculture, Rural Development and Fisheries has begun counting farmers and breeders who have recorded losses in their investments due to the floods and strong winds that have recently affected several provinces of the country, in implementation of the instructions of the President of the Republic, Mr. Abdelmadjid Tebboune, regarding the care of those affected by these weather fluctuations, according to a statement from the ministry today, Thursday.

Oil prices fell today, Thursday, in cautious trading as markets continue to monitor geopolitical developments and their potential impact on global supplies. In London, the price of North Sea Brent crude for April delivery fell by 2.03% to $68.05. West Texas Intermediate crude for March delivery also declined by 2.12% to settle at $63.76.