Small and medium enterprises, local business developments
The Minister of Industry, Yahia Bchir, along with the Minister of Tourism and Traditional Industry, Houria Medahi, and the Governor of Adrar, Fodil Douifi, oversaw the inauguration of the brick factory in the municipality.
The Agricultural Chamber of Algiers Province has set June 15 as the date for the launch of the harvest and threshing campaign for the 2025 – 2026 season in Algiers Province, starting from the agricultural investment number 3 'Ahmed Medghri' in the municipality of El Harrach, which spans over 74 hectares, with the presence of various stakeholders in the agricultural field.
The Algerian Popular Credit Bank (CPA) announced the closure of all its agencies across the country on Thursday, June 11, 2026, starting at 12:00 PM, for technical reasons.
The fourth African Business Salon concluded today, Monday, in Algiers, emphasizing the expansion of partnerships and strengthening economic integration. The salon was held under the slogan 'Building Partnerships for Tomorrow's Africa: Innovation, Economic Sovereignty, and Continental Integration' at the Higher School of Catering and Hospitality. Participants emphasized the importance of intensifying economic and investment partnerships among the continent's countries to support sustainable development goals and African economic integration.
It is a major hub for global companies.
Economic analyst Dr. Ahmed Haidoussi stated that the decisions announced during the regular meeting of the Council of Ministers held yesterday, Sunday, included several economic messages, including the necessity to accelerate economic transformation by hastening the completion of mining projects and the related infrastructure, as well as food and consumer security, and focusing on the daily issues of citizens, including food and consumer security and improving services directed to members of the national community on the occasion of the start of the summer holiday and the vacation season.
The state of Annaba hosts the first edition of the National Exhibition for Cosmetics and Care Materials, organized by the company “SOGAX” during the period from June 18 to June 20, 2026, at the Sheraton Annaba Hotel, with the participation of more than 60 Algerian companies and brands specialized in cosmetics, skincare, haircare, and perfumes, and with a notable presence of the leading laboratories “Sowalis” as the official sponsor of this edition.
Algeria and the African Refiners and Distributors Association (ARDA) aim to strengthen their cooperation and especially develop the oil downstream (petrochemicals)
The U.S. Embassy in Algiers hosted Algerian stakeholders from the agriculture and industry sectors on the occasion of
Algeria - Algeria will host, on Monday and Tuesday, the works of the 77th session of the Connectivity Committee for the Trans-Saharan Road, which will focus on the prospects of transforming this African road into an economic corridor that contributes to development and economic integration among the six countries it passes through.
Smart systems and a digital platform, along with dispute forecasting, aim to improve file management. 'Remote expertise' accelerates damage assessment instead of traditional inspections. The National Insurance Council has ordered a clear and strict acceleration in processing compensation files and reducing payment deadlines for customers, amid increasing complaints about delays in settling files within insurance companies, which the council considers a direct factor affecting citizens' trust in the sector and its effectiveness. In the editorial of the latest issue of the National Insurance Council magazine, which 'Echorouk' reviewed, the Secretary-General of the council, Abdel Hakim Ben Bouabdallah, confirmed that the issue of compensation deadlines is no longer just an organizational matter, but has become a strategic challenge that necessitates a reconsideration of methods.
The company 'Alliance Insurance' recorded positive financial results in 2025, supported by growth in insurance activity and improved investment performance, enabling it to strengthen its position among the leading private insurance companies in Algeria, according to the financial data approved during the mixed general assembly held on June 4, 2026. The results showed an increase in the company's turnover to 6.77 billion Algerian Dinars, an increase of 8.3 percent compared to 2024, while the net individual profit reached 611.4 million Dinars, recording a growth rate of 16.2 percent. Total assets rose to 16.33 billion Dinars compared to 14.54 billion Dinars in the previous year, while private funds exceeded 6.11 billion Dinars.