
Algerian Port Authority Enhances Operational Capabilities with Acquisition of Five New RO/RO Cranes - Iqtissad Al Balad
Economy News Algeria Iqtissad Al Balad Algerian economy business news
Import/export, trade agreements, customs, and international commerce

Economy News Algeria Iqtissad Al Balad Algerian economy business news

Legal Shield and Full Guarantees for Those Who Report Money Launderers: No Prosecution or Criminal Charges for Accountants Who Report Suspicious Transactions, Even If the Accused is Later Found Not Guilty. The National Accountants' Chamber has Assured Its Members that They Have a Legal Shield Protecting Them from Any Prosecution or Criminal Charges When Reporting Suspicions of Money Laundering, Even If the Accused is Later Found Not Guilty. This Comes at a Time When a Large Number of Reports Have Been Filed Recently, Most of Which Are Related to the Import Sector, While Guidelines Have Been Given to Accountants to Confirm That the Professional Secret of the Trader or Client Remains Intact Unless the Law is Violated, and They Have Been Informed of the Possibility of Reporting Suspicious Transactions After Completing the Process...

The Ministry of Foreign Trade and Export Development announced the extension of the application period for the Best Source Award for the year 2025, until

Sonatrach and Pertamina Sign Three Service Contracts

The 33rd edition of the Algerian Production Exhibition, opened on December 18 under the patronage of President Abdelmadjid Tebboune, reflects a growing dynamism of the national industry, supported by numbers that reflect a significant expansion in the level of participation and organizational capabilities. The General Manager of the Algerian Company for Exhibitions and Export (SAFEX), Karim Bouqadoum, confirmed during his visit as a guest on the "Guest of the Day" program on the third channel of the Algerian Radio that the exhibition has seen the participation of over 700 companies, with an increase exceeding 30% compared to previous editions. Watch the full content on El-Shorouk Online

Industry Minister Saim Quidri received Kazakh Ambassador to Algeria, Anarbek Akhmetov, on Monday, where he expressed Algeria's readiness to export its pharmaceutical products to the country. A ministry statement said that during the meeting, the two sides discussed "opportunities to enhance bilateral cooperation in the pharmaceutical industry, as well as the exchange of experiences and expertise in the field of alternative medicine, specifically herbal medicine," which is considered a growing sector in Kazakhstan.

Russian gas exports to China surged to a record high in November, with shipments increasing by more than double compared to last year, totaling 1.6 million metric tons for the month, according to customs data released over the weekend. This surge in exports has put Russia ahead of Australia to become China's largest gas supplier after Qatar, ...

The White House announced that the US Treasury has collected $235 billion in tariffs since the start of the current year. During a live broadcast on its official YouTube channel to celebrate Christmas, the White House presented a list of 'Maga 2025 victories' and announced the value of customs revenue. Last week, US Customs and Border Protection reported that customs revenue had reached...

The Ministry of Foreign Trade and Export Development announced today, Monday, in a statement, the extension of the registration period for the Best Exporter Award 2025 to Thursday next, to enable the largest possible number of economic operators to participate in this national award.

Sonatrach and the Indonesian company Pertamina signed, on Monday, at the headquarters of the General Directorate of Sonatrach, three service contracts related to the lifting of crude oil, condensates and refined petroleum products produced from the offshore Ménzel Regane (Block 405 A) in the El Oued region.

The Ministry of Pharmaceutical Industry announced new facilitations for traders in the sector, regarding the registration of pharmaceutical products ready for use, whether manufactured locally, imported, or intended for export. According to the source, the registration file is submitted to the competent committee of the National Agency for Pharmaceutical Products only once.

Kanan Algeria, a subsidiary of the Algerian Shipping Company GATMA, announced the expansion of its maritime trade route between Algeria and Croatia to include the Port of Koper in Slovenia. This move aims to support trade exchanges, enhance maritime connectivity with European ports, and provide efficient logistics solutions for economic operators.