
UBS Bank: We do not expect a significant impact on global oil market balances over the next 12 months - Iqtissad Al Balad
DZD economy aliqtissad dz Algeria economy news
Government economic decisions, reforms, budgets, and fiscal policy

DZD economy aliqtissad dz Algeria economy news

Industry Minister Yahia Beshir confirmed that Algeria is working to create an encouraging investment environment that encourages national and foreign investors to establish projects that generate wealth and job opportunities, contribute to diversifying production, replacing imports, and increasing exports. This was stated during a presentation made by the minister today, Monday, in a hearing before the Committee on Economic Affairs, Development, Industry, Trade, and Planning of the National People's Assembly regarding […]

Industry Minister Yahia Beshir confirmed that Algeria is working to create a stimulating investment environment that encourages national and foreign investors to establish projects that generate wealth and job opportunities, contribute to diversifying production, replacing imports, and increasing exports. This was stated during a presentation made by the minister today, Monday, in a hearing before the Committee on Economic Affairs, Development, Industry, Trade, and Planning of the National People's Assembly regarding […]

The first operation for transporting containers by train from the Port of Algiers has begun, which took place towards the Rouiba area, aiming to enhance port performance and ensure the smooth flow of goods, according to a statement from the Ministry of Interior, Local Communities, and Transport on Monday. The operation, which took place yesterday, Sunday, involved the transport of 48 containers, each 20 feet long, 'in a qualitative step that embodies the adoption of modern transport modes.'

Algeria ranks first worldwide in terms of the decrease in liquefied petroleum gas (LPG) prices, selling for less than a quarter of the prices set in several oil-producing countries, including Saudi Arabia and Russia, reflecting the continued support policy adopted by the state in the energy sector. Recent data on fuel prices worldwide, according to Algerian public television, indicates that the price of a liter of liquefied petroleum gas in Algeria is only 12 dinars, equivalent to about $0.09, which is more than four times lower compared to Saudi Arabia, where the price reaches $0.291 per liter (37.40 dinars), and Russia, where it is sold for $0.366 per liter (47.03 dinars). Watch the full content on Echourouk Online...

Algeria - Recent data shows that Algeria ranks among the top countries globally for the lowest fuel prices, including oil-producing countries, thanks to the support the state allocates annually through substantial financial amounts for this purpose.

The Port of Algiers witnessed the launch of the first container transport operation via rail towards the Rouiba area. According to a statement issued by the Ministry of Interior, Local Communities, and Transport on Sunday, this operation is part of efforts to enhance logistical efficiency and improve the performance of national ports. View the full content on Echourouk Online.

DZD economy aliqtissad dz Algeria economy news

The Ministry of Foreign Trade and Export Promotion launched today, Monday, in the city of Constantine, the first edition of the national exhibition for Algerian services aimed at export. The exhibition is held at the Zenith Hall in the Wilaya of Constantine, with the participation of 77 exhibitors from various provinces of the country, who have previously exported their products and services abroad. View the full content on الشروق أونلاين

Dr. Huda Jafri, an expert in agricultural affairs, confirmed that the National Gene Bank, set to be launched in 2026, represents a fundamental pillar for preserving the genetic diversity of plants and animals. It is considered a strategic qualitative leap aimed at increasing productivity and improving the quality of agricultural production in Algeria. Jafri explained during her appearance on the Algerian Radio program 'Economy Multimedia' that this bank serves as a national repository for genetic diversity, providing 100% local seeds that are adapted to the nature of Algerian soil and climate, and resistant to diseases, thereby enhancing national production capabilities and reducing reliance on foreign sources. Watch the full content on Echourouk Online.

The eight participating countries reaffirmed that the 1.65 million barrels per day could be partially or fully restored depending on market developments and gradually, announced OPEC+. The eight OPEC+ countries, including Algeria, agreed in November 2025 to suspend voluntary production increases during the first quarter […]

After the increase in fuel prices at the beginning of the year, the Ministry of Hydrocarbons and Mines explained that the new pump prices do not reflect the actual cost of the product (extraction, refining, transport, and distribution) and justified this measure by, among other things, the need to support refining companies and...