SMEs & Local Business

Small and medium enterprises, local business developments

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Naftal Confirms Availability of Tires in Various Provinces of the Country

Naftal Confirms Availability of Tires in Various Provinces of the Country

Naftal has confirmed, in a statement addressed to all operators and carriers, that tires of all types are available at its sales points across various provinces of the country in sufficient quantities, ensuring that demand is met under the best conditions. The company also stated in its announcement on Saturday, August 1, that it responds promptly and positively to all requests made by representatives of transport professionals, following a series of consultative and coordination meetings with representatives of transport unions, which were dedicated to studying various concerns related to the provision of tires and oils, and finding solutions to ensure the continuity of supply. Read the full content on Echourouk Online.

Aug 1, 2026echoroukonline.com
Report: Algeria Among the Top 6 African Countries in the Prosperity Index for 2026

Report: Algeria Among the Top 6 African Countries in the Prosperity Index for 2026

Algeria ranked sixth in Africa and 83rd globally in the Legatum Prosperity Index for 2026, which measures prosperity levels in 161 countries worldwide, based on a comprehensive methodology that goes beyond traditional economic indicators to include development, freedom, and social cohesion. The index in its new version adopted a mathematical methodology known as 'p-averaging', which does not allow strengths in one area to compensate for weaknesses in other areas, thus providing a more balanced and comprehensive assessment of prosperity levels. View the full content on Echourouk Online.

Aug 1, 2026echoroukonline.com
The government accelerates the return of the automotive industry and opens closed units

The government accelerates the return of the automotive industry and opens closed units

The factories of 'Kia', 'Hyundai', 'Sofac', and 'Suzuki' are on the list for reviving local subcontracting, laying the foundation for a true Algerian automotive industry. Prime Minister Aïmene Benabderrahmane will oversee the revival of the brake pads production plant (formerly Tahkout) in El Harrach, east of the capital, which was recovered as part of anti-corruption efforts. This step reflects the acceleration of the government's strategy to revive the recovered industrial fabric and transform factories that have been idle for years into productive units that contribute to building a comprehensive automotive industry, based on subcontracting, increasing the local integration rate, and reducing the import bill. The brake pads factory in El Harrach is one of the most prominent industrial projects that halted after the involvement of its previous owners in corruption cases.

Jul 31, 2026echoroukonline.com
Targeting Handling Agreements with 1000 Institutions and 50 Major Companies

Targeting Handling Agreements with 1000 Institutions and 50 Major Companies

The Algerian Institution for Youth Support and Entrepreneurship Development has launched a national initiative aimed at small and medium-sized enterprises and startups, as well as university students with innovative projects in the industrial field, aimed at enhancing industrial subcontracting and contributing to the development of local value chains. The official launch took place on Thursday in Algiers during an event organized under the auspices of the Minister of Industry, with the presence of representatives from the ministry and several related sectors, as well as officials from public and private national bodies and institutions. The initiative, named 'Integration', will extend until September 24, with a program that includes four regional seminars in Algiers, Annaba, Oran, and Ouargla, and 16 training workshops.

Jul 31, 2026echoroukonline.com
Algerian Steel for Automobile Manufacturing Starting from September

Algerian Steel for Automobile Manufacturing Starting from September

Tosyali Algeria has taken a new step towards supporting the local automobile industry, after successfully producing the first coil of pickled and oiled steel at the cold rolling complex, which is the essential material for manufacturing steel sheets used in car bodies, household appliances, and several advanced industries. This achievement, according to a statement from Tosyali, which Echourouk received a copy of, represents the first fruits of the fourth phase of the complex's investments, as the first coil was produced on July 28, 2026, on the pickling and cold tandem rolling line, paving the way for full production across the complex's various lines in the upcoming month of September. The cold rolling complex is located on an area...

Jul 31, 2026echoroukonline.com
ENI Ensures Installation and Maintenance of All Electronic Payment Devices in Algeria

ENI Ensures Installation and Maintenance of All Electronic Payment Devices in Algeria

The National Electronic Industries Company has officially obtained the approval of the Economic Interest Group for Automatic Payment (GIE Monétique), according to the Algerian News Agency. This approval, which represents a new strategic milestone in the process of enhancing automatic payment and electronic payment in Algeria, allows the company to expand the scope of its technical services to ensure the installation and maintenance of all electronic payment devices across the national territory, regardless of their brand or source, after its activities were previously limited to devices belonging to its own brand. Read the full content on Echourouk Online.

Jul 31, 2026echoroukonline.com
Algerian Insurance Company Raises Its Capital to 40 Billion Dinars

Algerian Insurance Company Raises Its Capital to 40 Billion Dinars

The Algerian Insurance Company has raised its capital from 35 billion dinars to 40 billion dinars by integrating reserves, reflecting the strength of its financial position and enhancing its ability to meet obligations in the fields of insurance and reinsurance. The company stated in a statement issued yesterday, Thursday, that this decision was approved during the extraordinary general assembly held on June 15, coinciding with the ordinary general assembly dedicated to approving the financial statements for the year 2025. Read the full content on Echourouk Online.

Jul 31, 2026echoroukonline.com