SMEs & Local Business

Small and medium enterprises, local business developments

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Details of Selling Cars through Halal Installments and Immediate Ownership at the National Bank!

Details of Selling Cars through Halal Installments and Immediate Ownership at the National Bank!

The National Bank of Algeria announced, via its official Facebook page, the provision of a financing formula for purchasing new cars under the Murabaha system, allowing customers to finance up to 90 percent of the car's price, with repayment of the financing amount in monthly installments extending up to 60 months. According to the published announcement that 'Echorouk' reviewed, 'Murabaha for cars' is a sales contract for new cars manufactured or assembled in Algeria, in accordance with Islamic law, where the bank purchases the car from the dealer and then resells it to the customer at an agreed profit margin between the two parties. The process involves the customer selecting the car they wish to acquire, then presenting the invoice and availability certificate...

Sep 7, 2026echoroukonline.com
Record exports exceeding 7 billion dollars and these initial indicators

Record exports exceeding 7 billion dollars and these initial indicators

Dates from 120 to 250 million dollars with a target of 300 million dollars by the end of 2026. Exports to Africa doubled during the first half, achieving 3 billion dollars. Algeria's non-hydrocarbon exports to Africa doubled in one year, after a year of organizing the fourth edition of the African Continental Trade Fair in Algeria, rising from about 1.5 billion dollars during the first half of 2025 to nearly 3 billion dollars during the same period in 2026. At a time when the value of exports by the end of this year is heading towards recording a new record estimated at about 7 billion dollars, driven by rising external demand for Algerian products and the growing surplus of national production available for export.

Sep 6, 2026echoroukonline.com
In preparation for hiring a thousand workers.. “Bledna Algeria” launches a talent selection caravan in Adrar

In preparation for hiring a thousand workers.. “Bledna Algeria” launches a talent selection caravan in Adrar

The caravan of the Qatari-Algerian integrated project company “Bledna Algeria” for milk powder production arrived yesterday, Saturday, in the state of Adrar, marking the first stop in the process of attracting talents and preparing a human resources bank, in anticipation of selecting a thousand workers in various branches and activities of the company. The caravan, which made Adrar its first stop, attracted a number of young people who flocked to the “Tawat” hotel to conduct interviews and submit their CVs. Watch the full content on Echourouk Online.

Sep 6, 2026echoroukonline.com
3961 economic operators submitted import requests worth more than 142 billion dollars

3961 economic operators submitted import requests worth more than 142 billion dollars

The processing of import program files for the second half of 2026, through the digital platform for importing raw materials and production inputs, revealed significant figures that raise questions about the compatibility of some declared import estimates with the size of the concerned enterprises and the number of declared workers. According to data extracted from the platform, 3961 economic operators, employing between zero and five workers only, submitted import requests totaling 130.32 billion dollars for approval by the ministry's services. View the full content on Echourouk Online.

Sep 5, 2026echoroukonline.com
The success of the fourth edition of the African Continental Trade Fair in Algeria contributed to enhancing trade dynamics on the continent

The success of the fourth edition of the African Continental Trade Fair in Algeria contributed to enhancing trade dynamics on the continent

Algeria - The success of the fourth edition of the African Continental Trade Fair, held in Algeria in September last year under the supervision of the President of the Republic, Mr. Abdelmadjid Tebboune, contributed to enhancing the dynamics of intra-African trade, especially after the value of signed contracts approached nearly 50 billion dollars, according to a statement by an official from the African Export-Import Bank 'Afreximbank'.

Sep 5, 2026aps.dz