
The Prime Minister in Oran to welcome the first shipments
The Prime Minister arrives in Oran to oversee the arrival and unloading of the first shipments of iron ore from
Government economic decisions, reforms, budgets, and fiscal policy

The Prime Minister arrives in Oran to oversee the arrival and unloading of the first shipments of iron ore from

Despite OPEC+'s decision to maintain the same levels of oil production, prices plunged yesterday.

DZD economy aliqtissad dz Algeria's economy economic news

Oran - The 'Tosiali' iron and steel complex in Bethioua (east of Oran) will begin this year the construction of a primary processing plant for iron ore extracted from the Gara Djebilet mine (Tindouf Province) in collaboration with the National Company for Mining Research and Exploitation (SONARIM), according to a statement from the complex today, Monday.

Algeria - The Algerian Economic Renewal Council considered today, Monday in a statement, that the inauguration of the Gara Djebilet-Tindouf-Bechar railway line by the President of the Republic, Mr. Abdelmadjid Tebboune, confirms the accelerating dynamics of building a diverse and strong national economy and embodies the strategic vision of the state aimed at achieving balanced development and optimal exploitation of national resources.

The Secretary General of the Ministry of Energy and Mines, Miloud Majeld, participated on Monday in the works of the meeting concerning the activation of the African Energy Bank, held in the city.

Economy DZD aliqtissad dz Algeria Economy Economic News

The Prime Minister, Aïmene Benabderrahmane, confirmed that the first shipments of iron ore extracted from the Gara Djebilet mine in Tindouf province, destined for the iron complex, have arrived.

The preliminary processing in Béchar and industrial transformation in Naama, with shipping in Betioua, the first phase until 2032 aims to raise extraction capacity to 20 million tons. The Ghar Djebilet project targets an extraction capacity of 50 million tons annually of iron ore by 2040, as part of a plan executed in two phases extending from 2025 to 2040. The project is not limited to exploiting the ore but also involves transforming about 25 million tons annually into value-added iron products including iron concentrate, pellets, bars, sheets, and molds, through a national value chain distributed between Tindouf, Béchar, Naama, and Oran, with transport, storage, and shipping capacities nearing 25 million tons annually. Ghar Djebilet is seen as a strategic lever for diversification...

Economy Dz aliqtissad dz Algeria economy news

The accumulation of thousands of files in the two real estate registries, Setif in the north and El Eulma, imposes a heavy reality on citizens, notaries, and investors, after the deadlines for drafting and delivering contracts have exceeded several years in many cases, in a situation that professionals describe as one of the most dangerous administrative imbalances with a direct impact on the local and national economy. The real estate contract, which is supposed to be a document for organizing ownership and protecting rights, has turned for many families into a deferred dream, and a simple administrative procedure into a long process that consumes time and nerves and freezes funds. Field data circulated among professionals and partners reveal a worrying situation in Setif province in the north, where matching estimates from within the sector indicate...

The Prime Minister oversaw the ceremony for the arrival and unloading of the first shipments of iron ore extracted from the Gara Djebilet mine in Oran, commissioned by President Abdelmadjid Tebboune.