Foreign direct investment, capital flows, and investment climate
Algeria - The Indian Ambassador to Algeria, Ms. Swati Vijay Kolkarni, confirmed today, Tuesday in Algiers, that the economic relations between Algeria and India, based on a 'solid partnership' and 'mutual benefit', are poised to strengthen thanks to the numerous opportunities provided by cooperation in several strategic sectors.
In a move aimed at simplifying administrative procedures and accelerating the realization of investment projects.
It will enhance Algeria's position as a regional hub for pharmaceutical production in Africa.
The International Monetary Fund praised Algeria's progress in diversifying the economy and combating money laundering, emphasizing the robustness of the economic outlook for the national economy in the short term. In a statement released following the mission it sent to Algeria from June 16 to 30, as part of the 2026 consultations under Article IV, the IMF valued Algeria's efforts in diversifying the economy, particularly in the mining and agricultural sectors, encouraging it to continue reforms aimed at enhancing competitiveness and stimulating private investment.
The Minister of Foreign Trade and Export Promotion, Kamal Rzig, chaired a working meeting this Wednesday to follow up on the progress of the integrated agricultural and industrial project for the production of powdered milk in Adrar, carried out by 'Baldna Algeria', according to a statement from the ministry. The meeting was attended by the Chairman of the Board of Directors of 'Baldna Algeria', Ali Jassim Ali Youssef Al-Ali, the General Director of the National Investment Fund, Saleh Labni, and representatives from various ministerial sectors and bodies concerned with the project.
Sonelgaz announced in a statement this Wednesday the commissioning of the gas pressure reduction station in the Tumiats area of Béchar, for the industrial customer 'Viral', aimed at ensuring regular supply of natural gas for the iron ore exploitation project extracted from the Gara Djebilet mine (Tindouf Province). This achievement comes 'as part of Sonelgaz's commitment to support the major strategic projects of the state, by providing the necessary energy infrastructure to ensure the success of major structural projects,' according to the same source.
Algeria aims for a 31% reduction in CO2 by 2035 with $24 billion in investments. Analysis of the transition plan.
Canada issued 1,764 drilling licenses between the beginning of this year and June 12, 2026, as part of its efforts to accelerate the development of the oil sector by establishing a new corridor for transporting crude oil within the country.
The adoption of the payment receipt 'G 50' for settling the due tax requires companies to send the original contracts and all their appendices. The General Directorate of Taxes has released new clarifications regarding the tax framework applicable to non-resident foreign companies operating in Algeria, through two regulatory circulars aimed at standardizing the application of the provisions introduced by the Finance Law of 2026, enhancing legal clarity and establishing transparency in tax transactions, while considering the international agreements signed by Algeria to avoid double taxation. The main updates include defining the taxable event for distributed profits and regulating the declaration and payment methods, and subjecting foreign companies to...
Algeria is accelerating its steps towards diversifying its economic partners by opening new channels of cooperation with nine countries in Asia, Africa, and Europe, as part of a strategy aimed at expanding foreign markets, attracting quality investments, and enhancing exports outside the hydrocarbons sector.
The conclusion drawn is unequivocal: the country is no longer limited to managing its oil rent, but is undertaking a profound overhaul of its development model, with concrete opportunities for American investors. The energy sector remains, unsurprisingly, at the forefront of this dynamic. The CEO of SONATRACH, Nour Eddine Daoudi, detailed a five-year investment plan of 60 billion dollars, most of which will be directed towards upstream — exploration and production — with a dual objective: renewing national reserves and developing offshore ...
A recent report from the specialized energy research unit revealed that Algeria requires investments estimated at around $25 billion to develop the hydrogen sector and achieve its goals by 2040, enabling it to produce up to 1.2 million tons of green hydrogen annually for export. The report explained that the Algerian strategy is based on developing the hydrogen sector through two parallel paths: the first for producing green hydrogen relying on renewable energy, and the second for producing blue hydrogen using natural gas and carbon capture and storage technologies, benefiting from its large gas reserves. Read the full content on الشروق أونلاين.