
Algerian-Egyptian Talks on Investment Prospects in Hydrocarbons and Equipment Manufacturing - Iqtissad Al Balad
DZD economy aliqtissad dz Algeria economy news
Industrial production, factories, and manufacturing sector news

DZD economy aliqtissad dz Algeria economy news

Algeria - The 60th anniversary of the nationalization of the mining sector will be commemorated tomorrow, Wednesday, in a special context this year marked by the unprecedented investment dynamics recorded in recent years, which are embodied in major structured projects that will make the sector a real lever for diversifying the economy.

The 60th anniversary of the nationalization of the mining sector will be commemorated tomorrow, Wednesday, in a special context this year marked by unprecedented investment dynamics.

The official from the Pharmaceutical Production Directorate at the Ministry of Pharmaceutical Industry, Rania Ferli, revealed that the number of pharmaceutical institutions approved by the ministry to produce drugs intended for cancer treatment in Algeria has reached 15 institutions, of which 11 are currently operational.

The National Agency for the Promotion and Rationalization of Energy Use (APRUE) has signed a cooperation agreement with the industrial group specialized in electrical industries 'GSP Electric', aimed at enhancing energy consumption rationalization and improving energy efficiency in the industrial sector. This partnership aims to develop practical projects in the field of energy auditing within industrial units, contributing to the reduction of electrical energy consumption and supporting the national energy transition process, within the framework of the strategic vision aimed at achieving a balanced energy mix and rationalizing consumption at the level of industrial areas and the national industrial fabric. Read the full content on Echourouk Online.

Algeria - The number of pharmaceutical institutions accredited by the Ministry of Pharmaceutical Industry for the production of drugs intended for the treatment of cancer in Algeria has reached 15 institutions, of which 11 are currently operational, according to a ministry official on Monday.

Linking factory needs with the production of spare parts.. and emerging institutions as a lever for development. Vocational training and scientific research directly related to industry requirements and artificial intelligence. A move towards a national industrial hub to meet local market demands and export to Africa. The Algerian Economic Club emphasized that building a comprehensive automotive industry in Algeria must start from utilizing raw materials, especially iron and plastic, as they are essential elements in manufacturing vehicle components. It also considered that reducing the import bill and building a local production chain from raw materials to the final product would support national production and achieve a more stable economic balance. It confirmed in the same context that linking car factories...

The transition from exporting raw materials and converting them into semi-finished products for abroad has made Algeria a reference hub for steel in the Mediterranean and Africa. 'Tosyali Algeria' revealed its plan to develop the steel industry in Algeria over the coming years, which is based on four pillars: launching high-quality luxury steel products, transitioning from extraction in Gara Djebilet to processing, in addition to highly competitive semi-finished products for export, and finally valuing human resources as the first added value for the company. In this context, 'Tosyali Algeria' stated in a statement, which 'Echorouk' received a copy of, that the company intends to start producing types of high value-added steel starting from the month...

Economy of Algeria news

Mostaganem - The National Agency for the Promotion and Rationalization of Energy Use "APRUE" has signed a cooperation agreement with the industrial group specialized in electrical industries "GSP Electric" located in the Wilaya of Mostaganem, according to a statement from the general management of the group released today, Monday.

The Annaba Port Authority in Algeria announced yesterday, Sunday, the export of more than 42,000 tons of cement and clinker to European and American markets, as part of efforts to support exports outside the hydrocarbon sector.

The Annaba Port Authority continues to carry out intensive export operations outside the hydrocarbons sector by loading three vessels with cement products destined for Italy, Portugal, and the United States of America, as part of supporting national exports and enhancing their competitiveness in international markets. According to a statement from the port authority, the operations included loading significant quantities of white cement and clinker on three vessels docked at different berths, with the vessel 'NIKI T' receiving 1,900 tons of white cement packed in large bags destined for Italy for the economic operator 'Biskra Cement'.