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Latest updates from the Algerian business ecosystem

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Arkab Participates in OPEC+ Meetings.. New Decisions on Oil Production

Arkab Participates in OPEC+ Meetings.. New Decisions on Oil Production

The Minister of State, Minister of Energy, Mohamed Arkab, participated today, Sunday, in the ministerial meetings of the OPEC+ alliance, which resulted in new decisions regarding oil production levels for the participating countries, including Algeria. According to a statement from the relevant ministry, Arkab's participation in the two ministerial meetings of the seven countries involved in voluntary production cuts within the OPEC+ alliance and the Joint Ministerial Monitoring Committee (JMMC) was conducted via video conferencing, with the presence of the CEO of SONATRACH, Nourredine Daoudi, and the head of the National Agency for the Valorization of Hydrocarbon Resources, Abdelkader Cherfaoui. Read the full content on Echourouk Online.

Aug 2, 2026echoroukonline.com
"Tosiali" officially begins production phase at cold rolling complex

"Tosiali" officially begins production phase at cold rolling complex

Tosiali Algeria, a leader in the iron and steel industry, has officially begun the production phase at the cold rolling complex completed as part of the company's strategic fourth investment phase, enhancing Algeria's position as an advanced industrial center in the iron and steel sector, according to the complex. The cold rolling complex in Oran recorded its first production milestones last weekend by successfully producing the first coil of PO (pickled and oiled steel) on the PLTCM line (pickling and tandem cold rolling line), which is an intermediate product used in the production stages of cold-rolled steel coils. Read the full content on Echourouk.

Aug 2, 2026echoroukonline.com
Special Workshop on the Digital Platform for Managing and Monitoring Service Imports

Special Workshop on the Digital Platform for Managing and Monitoring Service Imports

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, today oversaw a workshop dedicated to presenting and explaining the mechanisms for using the digital platform designated for managing and monitoring service import operations, today Sunday according to a statement from the ministry. Representatives from several national institutions active in various service sectors attended the workshop, along with representatives from the professional association of banks and financial institutions, as well as representatives from banks and insurance companies.

Aug 2, 2026echaab.dz
Algeria Raises Its Oil Production to 1.007 Million Barrels Per Day

Algeria Raises Its Oil Production to 1.007 Million Barrels Per Day

The Algerian Minister of State and Minister of Energy, Mohamed Arkab, participated on Sunday via videoconference in the ministerial meetings dedicated to monitoring the implementation of evaluation mechanisms and following up on the decisions of the participating countries in the cooperation declaration (OPEC+). The meetings were attended by the CEO of SONATRACH, Nourredine Daoudi, and the acting head of the National Agency for the Valorization of Hydrocarbon Resources, Mr. Abdelkader Cherfaoui.

Aug 2, 2026al24news.dz

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