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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
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
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
Gold continues to rise to its highest level in over 3 months

Gold continues to rise to its highest level in over 3 months

Gold prices continued to rise on Monday, reaching their highest level in over three months. Gold increased in spot transactions by 0.7 percent, recording $4636.34 per ounce, the highest level since May 15. U.S. gold futures also rose by 0.3 percent, reaching $4694.80.

Aug 24, 2026radioalgerie.dz

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