SMEs & Local Business

Small and medium enterprises, local business developments

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Strategic project for Saidal will raise the group's revenue to nearly one billion US dollars

Strategic project for Saidal will raise the group's revenue to nearly one billion US dollars

The General Director of Saidal Group, Younes Bouarara, on Monday, August 24, visited the Saidal Group factory project for the production of raw materials intended for the manufacture of antibiotics, in the municipality of Harbil, Medea Province, to assess the progress of this strategic project's construction works. According to the group in a statement, 'This project is of great importance in the context of efforts to enhance national pharmaceutical sovereignty and reduce the bill for importing pharmaceutical materials, especially antibiotics, which Algeria imports annually worth 75.4 billion Algerian Dinars.'

Aug 24, 2026echoroukonline.com
President's Award for Best Startup: Doubling the Financial Values for Winners

President's Award for Best Startup: Doubling the Financial Values for Winners

The latest issue of the official gazette included a presidential decree that doubled the financial values for the winners of the President's Award for Best Startup competition. This concerns presidential decree 26 – 277 signed by the President of the Republic, Mr. Abdelmadjid Tebboune, on Sunday. The decree amends presidential decree 26 – 86 from last January, which established the President's Award for Best Startup. The winner in the 'Best Accelerated Startup' category will receive 6 million DZD instead of the 3 million specified in the previous presidential decree.

Aug 24, 2026radioalgerie.dz
The CEO of 'Saïdal' reviews the progress of the construction of the raw materials factory for antibiotics in Médéa

The CEO of 'Saïdal' reviews the progress of the construction of the raw materials factory for antibiotics in Médéa

The CEO of the 'Saïdal' group, Younes Bouarara, today Monday, conducted an inspection visit to the project of the raw materials production factory intended for the antibiotic industry in the municipality of Harbil (Médéa province), to review the progress of the construction works of this project, which is part of the group's strategy to develop its production capacities and transition from covering the national market to enhancing its presence in foreign markets, according to a statement from the Ministry of Pharmaceutical Industry.

Aug 24, 2026radioalgerie.dz
Aqrab Receives Chairman of Suhail Bahwan Group

Aqrab Receives Chairman of Suhail Bahwan Group

The Minister of State, Minister of Energy, Mohamed Aqrab, received the Chairman of the Suhail Bahwan Group, Saad bin Suhail Bahwan, and the Ambassador of the Sultanate of Oman to Algeria, Saif bin Nasser bin Rashid Al-Bad'ei, today, Sunday, at the ministry's headquarters. The meeting was attended by the CEO of SONATRACH, Nourredine Daoudi, and officials from the ministry. Both sides praised the depth and strength of the relations during this meeting.

Aug 23, 2026echaab.dz
1.9 million regulatory interventions in the first seven months of 2026

1.9 million regulatory interventions in the first seven months of 2026

The first seven months of 2026 witnessed intensive activity from inspection teams, with 1,536,920 interventions recorded, resulting in the observation of 519,131 violations that led to the drafting of 150,127 reports for judicial follow-up, according to a statement from the Ministry of Internal Trade and National Market Regulation, today Sunday. The operation falls within the framework of the field implementation of economic control operations.

Aug 23, 2026echaab.dz
Commercial Oversight: Discovery of Hidden Revenue of 17 Billion DZD and Seizure of Goods Worth 1 Billion DZD Over 7 Months

Commercial Oversight: Discovery of Hidden Revenue of 17 Billion DZD and Seizure of Goods Worth 1 Billion DZD Over 7 Months

The inspection services of the Ministry of Internal Trade and Regulation of the National Market, through nearly two million interventions, uncovered hidden revenue exceeding 17 billion DZD and seized goods worth more than 1 billion DZD during the first seven months of the current year, according to a report released today, Sunday, by the ministry.

Aug 23, 2026radioalgerie.dz