Latest updates from the Algerian business ecosystem
Algeria - The Algerian Insurance Company concluded the fiscal year 2025 with a net profit of 1.12 billion DZD and a total budget of 110 billion DZD, according to a statement it issued.
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The fourth edition of the Algiers Bay Crossing over a distance of 10 km is expected to feature more than 315 swimmers, representing 15 provinces, in a competition to be held in Algiers on Saturday, as confirmed by the organizers today, Wednesday. The competition, organized by the Directorate of Youth, Sports and Leisure of Algiers, in collaboration with the Algerian League of Water Sports, is one of the most prominent open water swimming events at the national level.
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Supervised by the Prime Minister.
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The Prime Minister, Aïmene Benabderrahmane, oversees the inauguration ceremony of the brake pads and accessories production plant located in the municipality of El Harrach, Algiers.
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The Prime Minister, Mr. Saïfi Ghrib, presided over the signing ceremony of two industrial cooperation agreements in the field of mechanical subcontracting today, Wednesday, in Algiers.
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In the face of climate challenges and the need to ensure sustainable water security, the Algerian state is stepping up its efforts. Public investments are multiplying, affecting both the vast expanses of the Grand Sud and the major urban centers in the north of the country. It is within this dynamic that the recent announcements from the Illizi Hydraulic Directorate and the unexpected inspection visit led by the sector minister, Lounès Bouzegza, in the wilaya of Blida, are situated, according to an APS dispatch.
ecotimesdz.comThe Minister of Mines and Mining Industries, Mourad Hanifi, received in Algiers the Ambassador of the Republic of Namibia to Algeria, Samuel Kaveto Mbambo, with both parties discussing prospects for strengthening bilateral cooperation, particularly in the field of resource valorization and training, a statement from the ministry indicated on Monday, as reported by APS.
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The mega project Baladna Algeria, developed as part of a partnership between the Qatari group Baladna and the National Investment Fund (FNI), represents an investment of 3.5 billion dollars aimed at strengthening Algeria's food sovereignty.
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Algeria - The Prime Minister, Mr. Saïfi Ghrib, today Wednesday in Algiers, on behalf of the President of the Republic, Mr. Abdelmadjid Tebboune, inaugurated a factory for the production of brake pads and their accessories.
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Algeria - The Prime Minister, Mr. Saifi Ghrib, presided today, Wednesday, in Algiers, over the signing ceremony of two industrial cooperation agreements in the field of mechanical subcontracting, between the Maintenance Company of the East (a subsidiary of the GICA Group) and both 'Stellantis Algeria' and 'Ident'.
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Algeria - The Ministry of Finance denied today, Wednesday in a statement, the rumors circulating on some social media pages regarding the possibility of reviewing or canceling the new procedures related to the travel grant and returning to the previous system.
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Today, Wednesday, the Prime Minister, Mr. Saïfi Gharib, in Algiers, on behalf of the President of the Republic, Mr. Abdelmadjid Tebboune, oversaw the commissioning of a plant for the production of brake pads and their accessories. Mr. Gharib was accompanied during the inauguration ceremony by a ministerial delegation that includes the Minister of Interior, Local Communities and Transport, Saïd Sayoud, the Minister of Industry, Yahia Bacheir, the Minister of Finance, Abdel Karim Boualzerd, along with several officials and economic operators.
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