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Two strategic contracts for the integrated Phosphate project: Saipem and CHEC at work

Two strategic contracts for the integrated Phosphate project: Saipem and CHEC at work

The integrated phosphate project is now entering a new phase, moving towards its effective realization. Two strategic contracts, under the engineering, procurement, and construction (EPC) formula, have been signed between the SONATRACH group and the Algerian Fertilizer company, on one hand, and the Italian company Saipem and the Chinese port engineering company CHEC, on the other hand.

Aug 13, 2026ecotimesdz.com
Ministry of Foreign Trade and Export Promotion Reaffirms Its Commitment to Supporting Operators and Rapidly Addressing Their Concerns

Ministry of Foreign Trade and Export Promotion Reaffirms Its Commitment to Supporting Operators and Rapidly Addressing Their Concerns

Algeria - The Ministry of Foreign Trade and Export Promotion continues to monitor the requests of economic operators and respond to their concerns through the digital platform launched yesterday, where 1720 concerns have been recorded as of today, Wednesday, with nearly half of them addressed, according to a statement from the ministry, which reaffirmed its commitment to supporting operators and rapidly addressing their concerns.

Aug 13, 2026aps.dz
SONATRACH and the Algerian Fertilizer Company sign contracts with Italian and Chinese partners

SONATRACH and the Algerian Fertilizer Company sign contracts with Italian and Chinese partners

The Algerian group SONATRACH and the Algerian Fertilizer Company signed two contracts today, Wednesday in Algiers, in the fields of engineering and construction with the Italian company 'Saipem' and the Chinese port engineering company 'CHC', as part of the implementation of the first phase of the integrated phosphate project. The signing ceremony took place at the headquarters of SONATRACH's general management, in the presence of several government members, the CEO of SONATRACH Noureddine Daoudi, as well as the ambassadors of Italy and China in Algeria, and officials from the signing companies. The first phase of the project includes the construction of major industrial and port facilities, including a complex for the extraction and enrichment of phosphate in the region of El Hadba in the Tebessa province, with an extraction capacity of 5.5 million tons.

Aug 12, 2026al24news.dz
Algerian-Chinese Talks on the Rehabilitation and Development of the El-Hadjar Complex

Algerian-Chinese Talks on the Rehabilitation and Development of the El-Hadjar Complex

The Minister of Industry, Yahia Bacheir, discussed with a delegation from the Chinese group 'China Baowu Steel Group' the rehabilitation and development of the El-Hadjar complex. This took place in a meeting between the two parties today, Wednesday, in Algiers, attended by several officials from the branches of the Chinese group and its subsidiaries. Representatives from 'China Road and Bridge Corporation' in Algeria were also present, along with the General Director of the National Company for Iron Industry and representatives from the industrial group Cidar and the Algerian Steel.

Aug 12, 2026radioalgerie.dz
Project 'Kafra Southeast 1': Strengthening SONATRACH's Presence in Africa and Internationally

Project 'Kafra Southeast 1': Strengthening SONATRACH's Presence in Africa and Internationally

Ibrahim Hamoudi, the CEO of the National Exploration Company 'ENAFOR', highlighted the strengthening of the 'Kafra Southeast 1' project to establish SONATRACH's presence in Africa and internationally. This came in press statements amid preparations for the launch of drilling works for the massive oil project located 85 kilometers from the Algerian border. Hamoudi emphasized SONATRACH's planning to solidify its African, regional, and international presence as part of an ambitious expansion strategy based on a significant investment plan.

Aug 12, 2026radioalgerie.dz
Expansion of Annaba Phosphate Port and Eastern Mining Line: Algerian-Chinese Agreement to Enhance Coordination

Expansion of Annaba Phosphate Port and Eastern Mining Line: Algerian-Chinese Agreement to Enhance Coordination

Algeria and China agreed this Wednesday evening in the capital to enhance coordination on the projects for the expansion of Annaba Phosphate Port and the Eastern Mining Line. This came during a meeting between the Minister of Public Works and Basic Infrastructure, Abdelkader Djellal, and the Deputy General Director of the China Communications Construction Group (CCCG). The meeting reviewed the progress of the projects for the expansion of Annaba Phosphate Port and the Eastern Mining Line, which are being implemented with the contribution of Chinese companies.

Aug 12, 2026radioalgerie.dz
Registration of 1720 concerns from economic operators

Registration of 1720 concerns from economic operators

The Ministry of Foreign Trade and Export Promotion announced the registration of 1720 concerns from economic operators as of today, Wednesday. Kamel Rezig's services clarified that this falls within the follow-up of operators' requests and responding to their concerns through the digital platform launched on Tuesday. According to a statement from the ministry, it was reported that 820 concerns were addressed, representing 47.7 percent. The ministry reiterated its commitment to accompany operators and respond quickly to their concerns.

Aug 12, 2026radioalgerie.dz
The war on money laundering and the pursuit of suspicious operations continues

The war on money laundering and the pursuit of suspicious operations continues

The accountant is required to disclose the actual owner or controller of the company. The declaration of suspicion is made without informing the concerned customer, despite Algeria's exit from the gray list of the Financial Action Task Force (FATF) and achieving a step that has been appreciated. Accounting and auditing professionals in Algeria have entered a new phase of strict oversight on funds and financial transactions, after the National Council of Accounting established rules that require accountants, auditors, and certified accountants to report suspicious operations to the Financial Intelligence Processing Unit, while prohibiting them from informing the concerned customer that they are under suspicion. The matter does not stop there, as the professional is now required to disclose the person who is actually behind the...

Aug 12, 2026echoroukonline.com

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