Government economic decisions, reforms, budgets, and fiscal policy
The Minister of Post and Telecommunications, Sid Ali Zrouki, highlighted today, Thursday, his sector's commitment to enhancing national digital sovereignty by developing high-speed, reliable, and secure maritime links.
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Algeria - The Ministry of Internal Trade and National Market Regulation announced today, Thursday, in a statement that the winter discounts for the year 2026 will start from Sunday, January 18, and will extend until the end of the holy month of Ramadan and Eid al-Fitr.
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The Ministry of Internal Trade and National Market Regulation announced that the winter sales for the year 2026 will start on Sunday, January 18, 2026, and will extend until the end of the holy month of Ramadan and Eid al-Fitr. The ministry clarified in a statement that the decision was made due to the high demand for shopping during the winter period, in preparation for the increased demand during Ramadan and Eid al-Fitr, allowing citizens to benefit from discount offers during these occasions. Read the full content on Echourouk Online.
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The United States announced yesterday, Wednesday, the completion of its first Venezuelan oil sale deal worth $500 million, marking the first deal for President Donald Trump's administration following the ousting of former President Nicolás Maduro 11 days ago. Additional deals are expected to be completed in the coming days and weeks. A report from the Semaphore news site indicated that the deal is part of an unprecedented arrangement, where the United States will control up to 50 million barrels of Venezuelan oil, managing its marketing and sale, and redistributing the revenues to the Venezuelan people. Read the full content on Echourouk Online.
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The Minister of Interior, Local Communities, and Transport, Saïd Sayoud, conducted a surprise inspection visit to the Port of Algiers, where he reviewed the operations and issued immediate instructions aimed at accelerating the processing of ships and containers, improving organization, and increasing performance pace, ensuring greater efficiency in management and continuity of activity. During the visit, the minister emphasized the need to remove containers immediately after exceeding the legal stay periods by customs declarants, through legal means, while coordinating closely with various relevant authorities, in addition to speeding up unloading and processing operations to ensure smooth movement within the ports. View the full content on Echourouk Online.
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The Secretary of State to the Minister of Hydrocarbons and Mines, responsible for mines, Karima Bakir Tafir, participated in the official opening ceremony of the fifth edition of the International Mining Conference 2026, held under the slogan 'Minerals... Facing Challenges for a New Development Era', as part of Algeria's participation in this specialized international event. A statement from the relevant ministry indicated that the Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia presided over the opening of this conference, in the presence of the Director of the Board of the Geological Survey Agency of Algeria (ASGA) Karim Mokhtar, along with officials from the Ministry of Hydrocarbons and Mines, where the Secretary of State continues her participation in the conference activities from January 13 to 15, 202...
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Yesterday, Wednesday, trials for the operation of the passenger train on the new railway line connecting the southwest began, in a critical phase preceding its entry into service for transporting passengers and goods, according to what was announced by the General Directorate of the National Railway Transport Company. These trials were conducted in the presence of the Director General of the National Agency for Studies and Monitoring of Railway Investment Projects, the owner of the project, Azeddine Fridi, along with experts from the agency and officials from the companies executing this massive railway facility, including the Chinese partner, as well as specialized technicians from the National Railway Transport Company, where the operation is being carried out in two phases. Watch the full content...
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The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, held a coordinating meeting today, Thursday, in implementation of the decision of the President of the Republic, Mr. Abdelmadjid Tebboune, to import one million sheep in preparation for the upcoming Eid al-Adha, according to a statement from the ministry. Among the decisions made during the meeting were to 'expand the list of supplying countries and conclude new health agreements with them, in addition to renting specialized ships for transporting livestock,' according to the same source, which added that it was emphasized 'the importance of benefiting from the experience of importing sacrificial animals in 2025 to improve performance and overcome previous shortcomings.'
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The Minister of Public Works and Basic Infrastructure, Abdelkader Djellouli, highlighted today in Algiers the sector's efforts to rehabilitate the road network across various provinces of the country, through the implementation of comprehensive maintenance programs, while strengthening field monitoring to improve infrastructure quality and ensure the safety of road users. During a public session in the National People's Assembly, dedicated to oral questions, chaired by the Deputy Speaker, Mohamed Anwar Boucharit, in the presence of the Minister of Relations with Parliament, Najiba.
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The Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arqab, confirmed today, Thursday, at the ministry's headquarters, during a meeting with a high-level delegation from the Federal Republic of Somalia, Algeria's readiness to support Somalia's efforts in developing the hydrocarbons sector, particularly through the expertise of SONATRACH and the Algerian Petroleum Institute.
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Algerian exports outside the hydrocarbon sector are experiencing positive dynamics, driven by improvements in the regulatory framework, simplification of administrative procedures, and enhanced support for economic operators, as part of a public policy aimed at diversifying the national economy, according to officials from several public and private institutions that have significantly increased their export volumes in recent years.
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Oil prices fell today, Thursday, after several consecutive sessions of increase amid a market still influenced by geopolitical factors supporting prices on one hand, and positive outlooks for global demand for crude on the other hand. The price of North Sea Brent crude for March delivery decreased by 4.42% to $63.58. Meanwhile, its American counterpart, West Texas Intermediate crude for February delivery, fell by 4.47% to $59.25.
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