
New achievement for SONATRACH in Libya
According to what the Libyan oil company announced.
Foreign direct investment, capital flows, and investment climate

According to what the Libyan oil company announced.

The Algerian Economic Renewal Council (CREA) confirmed a strong and record participation of economic operators and businessmen during the Algerian-Mauritanian Business Council meeting, highlighting that this dynamic reflects a shared desire to enhance trade exchange and create tangible investment opportunities between the two countries. The council explained in a statement that this event represented a new step towards building a promising strategic economic partnership, coinciding with the organization of distinguished bilateral B2B meetings, overseen by both the Algerian Economic Renewal Council and the Algerian Chamber of Commerce and Industry, which provided a practical platform to enhance joint cooperation. Read the full content on Echourouk Online.

France will host the 'Investment Salon in Algeria' on July 4 and 5, 2026, in an initiative aimed at strengthening economic ties between Algeria and its diaspora, establishing a platform that brings together investors and competencies on both sides of the Mediterranean, supporting the entrepreneurship ecosystem and enhancing partnership opportunities. According to the organizers' statement to 'Echorouk Online', this event will take place in the 'Île-de-France' region as the first edition aimed at companies, investors, and members of the French-speaking Algerian community, designed to be a space that combines professional interactions between companies (B2B) and interactions with individuals (B2C), over two days featuring a diverse program including professional meetings, thematic conferences, and exhibition spaces.

Algeria ranked fourth among Arab countries in terms of the largest economies according to the Purchasing Power Parity (PPP) standard for 2026, with a GDP of $915.79 billion, indicating a productive and consumer strength that exceeds what is reflected by exchange rate-based indicators. According to the latest estimates from the International Monetary Fund, which relied on data from the World Economic Outlook report (October 2025), this classification reflects a qualitative advancement for the Algerian economy, as the Purchasing Power Parity standard is considered an accurate tool for measuring the real size of economies, as it takes into account differences in local price levels and reflects actual purchasing power.

Stellantis is launching the expansion of the FIAT plant in Tafraoui. The goal: "to increase the production volume to 135,000 vehicles

Ouled Djellal - The Minister of Pharmaceutical Industry, Wassim Gouidri, announced today, Tuesday in Ouled Djellal, a project to establish a pharmaceutical factory in this province.

Algeria - Stellantis announced in a statement today, Tuesday, the launch of the expansion process of the Fiat car plant in Tafaroui (Oran), aiming to increase production capacity to reach 135,000 vehicles by 2028.

Stellantis Group announced the launch of an expansion process for the Fiat car factory in Tiaret (Oran), aiming to increase production volume to 135,000 vehicles by 2028. This process includes, according to the group's statement today, the expansion of car body welding lines alongside assembly operations, and the establishment of a new painting unit to keep pace with the factory's growing demand to meet the needs of the Algerian market.

Stellantis, the global automotive group, announced the launch of a new expansion project at the Fiat plant in Tafaroui, Oran, aiming to raise annual production capacity from 90,000 to 135,000 vehicles by 2028, creating 1,000 new jobs, both direct and indirect. In this context, Stellantis Algeria stated in a press release received by 'Echorouk' that this new phase will position the Tafaroui facility among the most important manufacturing centers of the group in Africa and the Middle East, noting that this phase includes expanding the welding lines for vehicle bodies alongside assembly operations, as well as establishing a new painting unit to keep pace with the growing demand for the factory.

This project falls within the industrial strategy of Stellantis in Algeria, confirming the group's determination to make the country a key regional hub.

The Stellantis group announced in a statement today, Tuesday, the launch of an expansion process for the Fiat car brand plant in Tafaroui (Oran), aimed at increasing production capacity to reach 135,000 vehicles by 2028.

Algeria is betting on the mining sector for the diversification of the national economy. Major projects have already been launched, such as