
Launch of CPA Bank's new financing for factory owners to acquire raw materials during Ramadan - Iqtissad Al Balad
Economy DZD aliqtissad dz Algeria economy news
Small and medium enterprises, local business developments

Economy DZD aliqtissad dz Algeria economy news

As part of its ongoing efforts to establish a culture of entrepreneurship within university circles, the National Agency for Support and Development of Entrepreneurship (NESDA), represented by the Algiers South Agency, actively participated in the study day titled 'The Reality of Entrepreneurship in the University Environment in Algeria', with wide participation from students, professors, and specialists in the economic field. During this scientific meeting, the director of the Algiers South Agency emphasized the agency's commitment to supporting students with ideas and projects, stressing that the university is no longer 'just an academic space for theoretical training, but has become an incubator for innovative ideas and a fundamental base for building promising economic institutions.'

The Minister of Vocational Training and Education, Ms. Nassima Arahab, announced today, Sunday in Tindouf, the transformation of the National Specialized Institute for Training.

The consumption rate of foreign trade sector credits in Algeria during 2023 reached approximately 81.56%, exceeding 4.9 billion DZD of the total resources allocated for regulating trade exchanges and supporting non-hydrocarbon exports, according to the Minister of Foreign Trade and Export Promotion, Professor Kamel Rezig, who revealed this yesterday, Saturday, during a hearing session at the Finance and Budget Committee of the National People's Assembly. The minister confirmed, in the presence of the Minister of Internal Trade and National Market Regulation, Amal Abdel Latif, and the Minister of Relations with Parliament, Najiba Djilali, that the state has made export support a sustainable public policy, aimed at directing resources towards competitive productive enterprises and stimulating national value chains.

Béjaïa - The Minister of Tourism and Handicrafts, Mrs. Houria Madhahi, today Saturday in Béjaïa, inaugurated several tourist facilities and inspected a number of investment projects in the sector across many municipalities.

Mrs. Souad Bendjemil, General Director of the National Agency for Microcredit Management (Angem), reaffirmed the commitment of the organization she leads.

During a work and inspection visit to Béjaïa on Saturday, February 14, 2026, the Minister of Tourism and Handicrafts, Houria

Long perceived as the simple 'vegetable garden of Algiers', the wilaya of Aïn Defla is today undergoing an unprecedented structural transformation. Ideally located

The economy of Algeria news

The Stellantis automotive group has officially included 5 new local components for the Algerian 'Fiat' cars at the Tarfaya facility in Oran, concerning both the factory and the after-sales network, as part of efforts to increase the local integration rate through subcontracting contracts with Algerian operators, which will raise the integration rate in the vehicles of the Italian brand to 30 percent starting this year. In this context, a statement from 'Fiat Algeria' on Saturday, which 'Echorouk' received a copy of, indicated that as part of 'Fiat Algeria's' participation in the first edition of the 'Mechanics of Algeria' salon held between February 10 and 12 at the Oran Conference Center, 5 new partnership contracts were signed as part of local subcontracting.

Mazari to 'Echorouk': The Algerian Popular Credit is preparing to finance raw materials with Islamic banking totaling 6500 billion and more than 100,000 accounts. The Algerian Popular Credit is preparing to launch a new product in Islamic banking under the 'Murabaha financing' format, aimed at financing the acquisition of raw materials, with a profit margin of less than 8 percent. This anticipated step during the month of Ramadan aims to support industrialists and stimulate the increase of national production with competitive financing conditions. In this regard, Soufiane Mazari, head of the Islamic banking department at the Algerian Popular Credit, stated in a statement to 'Echorouk' that preparations are underway to launch a new financing product represented by 'Murabaha financing' aimed at businessmen wishing to acquire materials...

Illizi - The national training course for uncertified tourist guides was launched today, Saturday, at the National Institute for Specialized Vocational Training in Illizi Province, in the presence of local authorities, the Secretary General of the Ministry of Vocational Training and Education, and officials from the Ministry of Tourism and Handicrafts.