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Latest updates from the Algerian business ecosystem

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New Record Peak in Electricity Demand

New Record Peak in Electricity Demand

The Ministry of Energy and Renewable Energies announced the recording of a new record peak in electricity demand today, Wednesday, August 19, 2026. The ministry's statement noted, "Due to the ongoing heatwave experienced in the summer of 2026, accompanied by increasing humidity levels across many provinces of the country, SONELGAZ continues to record record rates in electricity demand, as its subsidiary announced..."

Aug 19, 2026echaab.dz
Electricity demand hits a new historical peak of 21,828 megawatts

Electricity demand hits a new historical peak of 21,828 megawatts

Algeria - The demand for electrical energy across the country recorded a new record peak of 21,828 megawatts today, Wednesday, amid the ongoing heatwave affecting the country during the summer of 2026, accompanied by rising humidity levels across many provinces, according to a statement from the Ministry of Energy and Renewable Energies.

Aug 19, 2026aps.dz
Badr Bank launches a loan to finance the acquisition of new buses for passenger transport

Badr Bank launches a loan to finance the acquisition of new buses for passenger transport

Algeria - The Agricultural and Rural Development Bank announced in a statement today, Wednesday, the launch of a new product aimed at carriers to finance the renewal of the public transport fleet for passengers, which covers up to 90 percent of the cost of acquiring the bus, as part of supporting the efforts of public authorities, within the program to withdraw buses that are over 25 years old.

Aug 19, 2026aps.dz
Loan to Finance the Acquisition of New Buses for Passenger Transport

Loan to Finance the Acquisition of New Buses for Passenger Transport

The Agricultural and Rural Development Bank announced in a statement on Wednesday the launch of a new product aimed at carriers to finance the renewal of the public transport fleet for passengers, which reaches up to 90 percent of the cost of acquiring the bus, as part of supporting the efforts of public authorities within the program to withdraw buses that are over 25 years old. The same source clarified that the bank offers private carriers, whether natural or legal persons, financing 'that can reach up to 90 percent of the cost of acquiring the bus, including all fees with a personal contribution from the beneficiary of 10 percent of the purchase price in addition to state support of 20 percent.' This financing is available in both classic financing format and also service ...

Aug 19, 2026echoroukonline.com
National Day of the Moudjahid: The President's Message

National Day of the Moudjahid: The President's Message

“If August 20, 1955 embodies a strategy of confrontation against the enemy's troops on the ground, August 20, 1956 marked a major turning point by developing a multidimensional strategy that created a new balance of power between the parties engaged in the battle, both in terms of planning and organization. In doing so, the National Liberation Revolution profoundly challenged the equation of the traditional colonial system, not only in Algeria but also for all oppressed peoples around the world.”

Aug 19, 2026ecotimesdz.com
The eighth edition of the International Festival of Desert Tourism in Adrar will be held from November 12 to 14

The eighth edition of the International Festival of Desert Tourism in Adrar will be held from November 12 to 14

The province of Adrar will host the eighth edition of the International Festival of Desert Tourism from November 12 to 14, according to a statement from the Ministry of Tourism and Traditional Industry issued today, Wednesday. The same source clarified that the Minister of Tourism and Traditional Industry, Mrs. Mdaahi Houria, chaired the first coordination meeting yesterday evening, Tuesday, as part of the preliminary preparations for organizing the eighth edition of the International Festival of Desert Tourism, scheduled to take place in Adrar from November 12 to 14, 2026, in addition to overseeing the official installation of the festival governor.

Aug 19, 2026radioalgerie.dz
Ajal chairs a meeting to prepare early for the summer of 2027

Ajal chairs a meeting to prepare early for the summer of 2027

The Minister of Energy and Renewable Energies, Dr. Mourad Ajal, chaired today, Wednesday, August 19, 2026, at the ministry's headquarters, a meeting of the sectoral coordination committee, dedicated to following up on early preparations for the summer of 2027. The meeting was attended by several central sector officials and key officials from the SONELGAZ group, where presentations were made and various measures and programs aimed at ensuring the readiness of the energy system during peak periods were discussed, particularly by enhancing production, transport, and distribution capacities. Read the full content on Echourouk Online.

Aug 19, 2026echoroukonline.com
Precious metals: Gold declines

Precious metals: Gold declines

Gold prices fell yesterday Tuesday due to the surge in U.S. Treasury yields. Spot gold was down 0.5% at $4,393.11 an ounce (1:51 PM GMT), while U.S. gold futures for December delivery dropped 0.6% to $4,448.

Aug 18, 2026ecotimesdz.com

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