
Gara Jebilet Railway Project
A major leap in Algeria's economic development trajectory.
Foreign direct investment, capital flows, and investment climate

A major leap in Algeria's economic development trajectory.

Social welfare budget takes off with the era of manufacturing and international investment boost.

He pointed out that the Garâ Jebilet iron mine 'has become a reality and is the third largest iron mine in the world'.

The Director General of the Algerian Agency for Investment Promotion (AAPI) emphasized in Touggourt the need to accelerate transformation

By: Sid Ali MOKHEFI

Economic news from Algeria, latest economic news

Sonatrach, the Algerian national oil company, has ranked 23rd globally in the oil and gas sector, with a value of $77 billion, surpassing prominent companies in Europe and Asia. According to a new ranking by Brand Sansitize, Sonatrach outperforms major companies such as Petronas of Malaysia ($73 billion), Repsol of Spain ($62 billion), and CNPC of China ($59 billion), solidifying the African energy giant's position as a global player capable of competing among the world's top 30 oil and gas companies.

On Monday, December 29, the foundation stone was laid in Tougourt Province for the implementation of an investment project for the production of rubber tires for light and heavy vehicles with a total production capacity of 5 million units per year. According to the Algerian Agency for Investment Development, this project will contribute to meeting national needs and reducing import bills. Watch the full content on El Watan Online

Economy News Iqtissad dz Economy of Algeria Business News

Minister of Higher Education and Scientific Research, Mr. Kamal Beldi, announced today in Algiers that 80 executive partnerships have been registered based on innovative projects,

Economic news from Algeria, covering the latest economic news and developments in the country.

Several notable events have driven the energy and mining activity in 2025, particularly through the consolidation of partnerships within the international tender "Algeria Bid Round 2024", which allowed the attribution of five exploration and production licenses for hydrocarbons to international groups, including TotalEnergies, Eni, and Sinopec. A success that fits [...]