
Rkash: "Replacing Imports with a Strategic Path to Guide Investment and Boost National Production"
He stated this during a training day held on the sidelines of the National Production Exhibition.
Industrial production, factories, and manufacturing sector news

He stated this during a training day held on the sidelines of the National Production Exhibition.

A high-level cabinet delegation carried out a working visit to Béchar Province today, Tuesday, to assess the progress of preparations related to the major event that will culminate in the launch of iron ore exploitation at Gara Djebilet mine, in implementation of the instructions of President Abdelmadjid Tebboune. The delegation was headed by Minister of the Interior, Local Authorities and Transport, Saïd Saïd, and Minister of Public Works and Basic Infrastructure, Abdelkader Bouaziz.

Economic news from Algeria, covering the latest economic news and updates on the Algerian economy.

The Algerian economy news, latest economic news in Algeria, business news in Algeria

A strategic move to enhance industrial partnerships and technology transfer between the two countries, Algeria and Kazakhstan have decided to boost cooperation in the mechanical, steel and iron, leather and textile, and manufacturing sectors. According to a statement from the Ministry of Industry, received by "Al-Sharq", the Minister of Industry, Yahia Bashir, received today, Tuesday, December 23, 2025, at the ministry's headquarters, the Ambassador of the Republic of Kazakhstan to Algeria, Anarbek Akhmetov, who took office on December 18, 2024, as the first ambassador of Kazakhstan to Algeria. The meeting comes in the context of strengthening bilateral relations and opening up promising prospects for joint cooperation. During the meeting, the two sides reviewed opportunities for cooperation in various industrial sectors, with a focus on the transfer of technology and the development of joint projects.

An important government delegation will head to Béchar on Tuesday to assess the progress of preparations for the major event scheduled to take place early next year, marking the occasion of

Annaba Port has set a new record in container handling, surpassing the milestone of 200,000 containers processed on-site. This achievement is a testament to the tangible results of the sector's reform and modernization drive, as per the instructions and directives of the Minister to boost efficiency, improve productivity, and enhance the logistical capabilities of national ports.

Algerian Industry Minister, Yahia Bashir, met with the Qatari Ambassador to Algeria, Abdulaziz Ali Al-Naimi, to discuss ways to boost economic cooperation between the two countries. They touched on several strategic projects of high priority, including 'accelerating the launch of the second phase of the expansion of the Blalra dock owned by the Algerian-Qatari Steel Company in the city of Jijel', according to a statement by the Ministry. The two sides also discussed other issues during the meeting...

Economic news and updates from Algeria, covering business and economic news in the country.

Algeria is set to enhance its grain storage capacities through a project to build 16 silos for the Algerian Professional Board for Grains (OAIC), expected to be delivered before the end of the first half of 2026, as part of a strategy aimed at securing a stockpile covering around nine months of national consumption and reducing direct reliance on imports. Professor Ibrahima Mouhouche, a member of the Supreme Council for Scientific Research and Technologies, confirmed during his appearance on the "Guest of the Day" program on the third Algerian radio channel that "storage represents a strategic weapon for the country, increasing Algeria's ability to deal with international market fluctuations," pointing out that the inability to store grain limits the country's margin of maneuver.

Gold prices recorded a new record high on Tuesday, rising by $56 per ounce and $338.5 per month, amid geopolitical tensions. According to the World Gold Council, the price of gold rose to $4,487 per ounce on Tuesday morning, up $76 from the start of trading on Monday.

Algeria and Qatar are preparing to launch the second phase of the expansion of the Bélarous shipyard in the Jijel province, in addition to starting the infant formula production project in partnership with the Our Country Algeria complex, in a step that reflects the solidity of the economic relations between the two countries and their direction towards promoting industrial investment and food security.