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The economy of Algeria news
Import/export, trade agreements, customs, and international commerce

The economy of Algeria news

Annaba - Today, Saturday, a total of 20,000 tons of white cement, packed in large bags, were shipped at the port of Annaba as part of an export operation to Guatemala in Latin America, as part of efforts to enhance exports outside the hydrocarbons sector, according to a statement issued today, Saturday, by the same port authority.

The port of Annaba is witnessing the loading of 20,000 tons of white cement destined for export to Guatemala in South America, as part of efforts to enhance export dynamics outside the hydrocarbons sector and support the presence of Algerian products in international markets. According to a statement from the port authority, this operation is taking place via the vessel 'MV NEMRUT BAY' docked at berth number 09, where the quantity is being loaded in large bags, as part of efforts to promote national exports and expand their destinations to new markets. Read the full content on Echourouk Online.

The Ministry of Foreign Trade and Export Promotion, in coordination with the Wilaya of Tindouf, is organizing an exhibition of Algerian products and services aimed at export from April 24 to 27, 2026, under the slogan: 'Tindouf, the Gateway to Export to West African Countries', as part of supporting and enhancing the presence of Algerian products and services in African markets, especially in West African countries. According to a statement from the responsible ministry, this exhibition aims to enhance national exports and expand their presence in African markets by leveraging Tindouf's strategic location as a gateway to the African depth, contributing to the promotion of trade exchanges between Algeria and the countries of the continent. Read the full content on الشروق أونلاين...

The administration of U.S. President Donald Trump has renewed the waiver allowing countries to purchase Russian oil and petroleum products already loaded at sea for nearly a month.

Algeria stands out as one of the most important and strongest candidates for the success of the Southern Hydrogen Corridor project towards Europe, thanks to its energy infrastructure and existing export networks, along with a strategic location within the renewable energy belt of the Sahara Desert, according to a recent report from the Energy Research Platform on the future of this European project. The report confirms that Austria has allocated 275 million euros (approximately 321.7 million dollars) to finance four national hydrogen projects, as part of its efforts to develop a southern corridor for transporting green hydrogen from North Africa through Italy to Central Europe, enhancing European competition to secure supplies. Read the full content on الشروق أونلاين

Prices fell by more than 11% after Iran announced the opening of the Strait of Hormuz and increasing signs of regional de-escalation, while volatility expectations remain.

As part of efforts to enhance exports outside the hydrocarbons sector.

The Director General of Customs, Major General Abdel Hafiz Bekhouch, emphasized today, Saturday in Sidi Bel Abbes, the importance of coordinating efforts among various security agencies to effectively protect the national economy and to firmly combat all forms of organized crime and smuggling.

Today, Saturday, at the Port of Annaba, a total of 20,000 tons of white cement, packed in large bags, were shipped as part of an export operation to Guatemala in Latin America, as part of efforts to enhance exports outside the hydrocarbons sector, according to a statement issued today, Saturday, by the same port authority. The statement clarified that the loading operation took place at berth number 09, where this quantity was loaded onto the ship under strict organizational conditions.

The authorities decided to extend a transitional measure allowing members of the Algerian community living abroad to clear new diesel engine cars under the residence change certificate, provided that the car purchase was made before January 1, in accordance with the previous regulatory conditions before the implementation of the 2026 finance law, with a deadline of June 30, 2026, to benefit from this measure. In this context, according to an announcement published by the Consulate General of Algeria in Naples, which was reviewed by 'Echorouk', a new transitional system has been established for members of the Algerian community residing within the consulate's jurisdiction, allowing the customs clearance of new cars powered by diesel engines, as part of benefiting from the mechanism...

Fatih Birol, the executive director of the International Energy Agency, warned of rising oil and gas prices, and of jet fuel running out in Europe within six weeks if the Strait of Hormuz remains closed. In an interview with the Associated Press, Birol described the closure of the strait as the biggest energy crisis the world has ever seen, warning that developing countries in Latin America, Africa, and Asia would be the most affected, with many countries likely to transition from high inflation to recession if the strait is not opened by the end of May. Birol noted that allowing more than 110 oil tankers and 15 armed natural gas carriers to pass through the strait is not enough to resolve the crisis, especially since more than 80 of the assets are...