Latest updates from the Algerian business ecosystem
Algeria is making desalination a pillar of its water and agricultural security while addressing energy and environmental challenges
The National Company for Maritime Transport of Passengers allows booking through its agencies and online platform
The Ministry of Foreign Trade and Export Promotion revealed the detection of suspicious indicators and cases in the estimated import program files for the second half of 2026, including multiple economic operators identifying the same geographic locations for their production units, along with cases of companies that were found to not actually exist on the ground.
Takaful companies with full powers and new windows enter the competition. Sukuk opens new horizons for Takaful insurance to invest its surpluses. The use of digitization and artificial intelligence reduces compensation periods. The Takaful insurance market in Algeria is expanding with the entry of new offers, an increase in the number of agencies, and the opening of subscriptions through banks, allowing customers to find multiple options between property and life insurance and other products, whether in Takaful or traditional forms. Hassen Khalifati, a member of the Algerian Federation of Insurance and Reinsurance Companies, stated to 'Echorouk' that Takaful insurance activity is witnessing significant development, and this type of insurance is starting to find its place in the market, especially with the increasing acceptance...
Food industry, textiles, mechanics, and construction materials are priority sectors. 'Hyundai' is closer to realization currently, according to statements from Korean officials. President Abdelmadjid Tebboune appointed Farid Kourtel as Minister of Industry and Fawzia Naama as Minister Delegate in charge of Local Communities at the Ministry of Interior and Local Communities and Transport on Wednesday, as part of a partial government reshuffle. This move brings the Ministry of Industry back to the forefront of economic reform efforts, given the weight of the issues facing the sector and the sensitivity of the upcoming phase. Thus, the new Minister of Industry, Farid Kourtel, received on Wednesday evening a portfolio considered one of the heaviest economic portfolios, at a time when he is faced with 8 strategic files, topped by the development of...
Algeria - Mr. Farid Kourtel took office today, Wednesday, as Minister of Industry, succeeding Mr. Yahia Bachir, following his appointment to this position by the President of the Republic, Mr. Abdelmadjid Tebboune.
The Minister of Housing, Urban Planning and the City, Mohamed Tarek Belaribi, traveled today, Wednesday, to the state of Jijel to monitor the progress of measures to address the effects of the fires that affected several states, particularly regarding the rehabilitation of damaged housing and school facilities, according to a statement from the ministry.
The Ministry of Foreign Trade and Export Promotion has detected a number of 'unusual and suspicious' cases through the digital platform designated for submitting files for estimated import programs of raw materials and equipment, according to a statement issued today, Wednesday, by the ministry.
Officials attributed the development of this important sector in the province to the expansion of planted areas and the entry of new areas into production.
They will be summoned to provide clarifications.
Mr. Mohamed Lamine Labo officially took office as Minister of Finance today, Wednesday, succeeding Abdel Karim Boualzerd, following the partial cabinet reshuffle carried out by the President of the Republic, Mr. Abdelmadjid Tebboune, yesterday, Tuesday. The handover ceremony took place at the ministry headquarters, attended by the Director General of Customs, General Abdelhafid Bekhouch, ministry officials, and heads of institutions under supervision.
Mr. Hattab Mohamed took office today, Wednesday, as Minister of Labor, Employment, and Social Security, succeeding Mr. Abdelhak Sayhi, following the partial cabinet reshuffle conducted by the President of the Republic, Mr. Abdelmadjid Tebboune, yesterday, Tuesday.
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