Latest updates from the Algerian business ecosystem
The General Director for Export Promotion at the Ministry of Foreign Trade and Export Promotion, Samir Draji, along with the Wali of Sidi Bel Abbès, Kamel Hadji, oversaw the inauguration.
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Electric vehicle sales saw a significant jump during the second quarter of the year, driven by rising fuel prices and increasing concerns about energy security following the repercussions of the war in the Middle East, according to a report from the International Energy Agency on Thursday. The agency reported that electric vehicle sales rose by 35% in the second quarter compared to the first quarter, reaching record levels at 50 …
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Tunisian authorities announced that olive oil export revenues over the past 8 months reached 4.39 billion dinars ($1.48 billion), representing a 45% increase compared to the same period of the previous season, reported Anadolu agency yesterday.
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The imminent return of a 'super El Niño' phenomenon poses a heavy threat to the economy and social stability of the African continent. According to recent alerts from the African Development Bank (AfDB), this major climate shock could cause significant losses, cutting up to two GDP points for the hardest-hit countries.
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Société Générale, Bnp Paribas and Crédit Agricole have disengaged from Africa for various reasons: cost reduction, risk minimization, strengthening of equity. In Algeria, the first two banks display ratios that indicate their solidity and good financial health.
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A large-scale technical audit campaign has just been conducted as part of the Green Municipalities II project, as revealed by GIZ Algeria on its LinkedIn page.
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Oil prices fell today, Thursday, as Brent crude futures dropped by $1.29 or 1.42 percent to $89.45 per barrel. West Texas Intermediate crude fell by 56 cents or 0.66 percent to $83.90 per barrel.
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The Algerian steel industry continues to upgrade. Tosyali Algérie announced on Tuesday the production of its first cold rolled steel coil after the pickling and oiling (Pickled & Oiled – PO) stages, carried out on its new pickling and cold rolling line (PLTCM). This first production marks the commissioning of the company's cold rolling complex and opens new prospects for the development of national manufacturing industries.
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Doctor in materials chemistry and research engineer at CEA-Liten, Dr. Louiza Larbi stands out as an emerging figure in energy storage research. After an academic journey of excellence between Algeria and France, this former postdoctoral researcher at CNRS now dedicates her work to the development of next-generation batteries, a crucial technological challenge for the energy transition. In this interview she kindly granted to Eco Times, she reveals her thoughts, not without explaining the opportunity for the development of...
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The government continues to implement its strategy aimed at making tourism a driver of economic diversification. Important measures have been taken in recent years to boost investment in this important sector, placing the issue of land at the heart of government action. The latter (the land) has been considered, for several years, as the main obstacle for tourism investors, in addition to the issue of financing.
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A note from the General Directorate of Foreign Exchange of the Bank of Algeria, dated July 28, 2026, imposes a maximum deadline of 48 hours for licensed banks to domiciliate any export of goods or services.
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Today, Wednesday, the Minister of Interior, Local Communities and Transport, Saïd Youcef, chaired an extensive meeting with the executives of the National Railway Transport Company.
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