
Important Statement Regarding Tax Declaration Subscription - Iqtissad Al Balad
The economy of Algeria news
Government economic decisions, reforms, budgets, and fiscal policy

The economy of Algeria news

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The President of the Republic, Abdelmadjid Tebboune, delivered a speech to the participants at the international salon for mines, quarries, and hydrocarbons 'Simica Chad 2026', which has commenced.

The President, Abdelmadjid Tebboune, confirmed Algeria's participation in the International Exhibition of Mines, Quarries, and Hydrocarbons 'Simica Chad 2026' as a

Algeria - The General Directorate of Taxes announced in a statement the extension of the deadline for the monthly declaration of series 'J 50' for major companies, related to last December, to tomorrow, Thursday.

The President of the Republic, Abdelmadjid Tebboune, stated that the African continent is rich in immense natural resources, particularly in the fields of hydrocarbons and strategic minerals. However, the real challenge lies in the proper management of these resources, their valuation, and transforming them into an actual lever for sustainable economic and social development, creating added value and jobs that meet the aspirations of African peoples. This was stated in a speech delivered by the Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, representing the President of the Republic, during his participation in the opening of the International Exhibition of Mines, Quarries, and Hydrocarbons “SIMICA Tchad 2026”, held in the Chadian capital N'Djamena from January 21 to 23, 2026.

The President of the Republic, Abdelmadjid Tebboune, stated that the African continent is rich in immense natural resources, particularly in the fields of hydrocarbons and strategic minerals. However, the real challenge lies in the proper management of these resources, enhancing them, and transforming them into a real lever for sustainable economic and social development, creating added value and jobs that meet the aspirations of African peoples. This was stated in a speech delivered by the Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, representing the President of the Republic, during his participation in the opening of the International Exhibition of Mines, Quarries, and Hydrocarbons “Simika Tchad 2026”, held in the Chadian capital N'Djamena from January 21 to 23, 2026.

The Ministry of Energy and Renewable Energies is preparing, in the coming months, to enhance its energy capacities from clean sources and reach a level of 2000 megawatt-hours, in a remarkable transformation that will make Algeria the third largest producer of clean energy on the African continent. According to a statement made by the media officer at the Ministry of Energy and Renewable Energies on Wednesday morning to the national radio, it was revealed that Algeria is ready to receive nine photovoltaic stations during the upcoming month of August, with production capacities reaching 1480 megawatt-hours. Read the full content on Echourouk Online.

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The Minister of Agriculture, Rural Development and Fisheries, Mehdi Yassine Walid, revealed that his ministry has adopted a new plan to increase the productivity of the grain sector, which averages only 15 quintals per hectare, a very low quantity that forces Algeria to resort to imports each time. During a study day organized by the Ministry of Agriculture in collaboration with the Ministry of Higher Education and Scientific Research, on Tuesday, Minister Walid highlighted the importance of scientific research in developing the grain and dry legumes sectors, in order to 'overcome the weak productivity that does not exceed 15 quintals per hectare in Algeria, and reach a level of at least 30 quintals per hectare,' especially since the rate...

Gold prices jumped to a new record level yesterday, surpassing $4700 per ounce as geopolitical tensions rose, leading to increased demand for safe havens, while silver also exceeded $95 for the first time. Gold rose in spot transactions by 1.6 percent to $4741.96 per ounce after reaching its all-time high of $4750.49.