Latest updates from the Algerian business ecosystem
Spanish companies are showing increasing interest in the production of renewable energies, green hydrogen, and green ammonia in Algeria. The country could thus integrate into a green alliance proposed by Madrid.
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The President of the Spanish Government, Pedro Sánchez, is on an official visit to Algiers starting today, a trip that solidifies a normalization process that began several months ago between the two countries. According to the monthly report on foreign trade (COMEX) published on February 19, 2026, by the Spanish Ministry of Economy, Trade and Business, trade between Algeria and Spain is experiencing an unprecedented dynamic, driven by a significant commercial recovery following the diplomatic crisis of 2022.
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Oran - Around 100 exhibitors will participate, starting next Monday, in the 13th edition of the International Salon for Real Estate Developers, Smart Housing, and Decoration 'Elogia', at the 'Mohamed Ben Ahmed' Conference Center in Oran, according to information received today, Monday, from the salon's organizer.
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The National Savings and Investment Fund-Bank (CNAP-Bank) announced in a statement yesterday, Sunday, the continuation of strengthening its commercial network by opening two new branches today, Monday, in Douira and Sidi Abdallah (Algiers) raising the total number of its branches across the national territory to 234 branches.
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The SONATRACH group and the German energy group 'VNG' have signed a new contract for natural gas supply, which stipulates an increase in the quantities of gas directed to the German market starting from January 1, 2027, as part of the official visit by President Abdelmadjid Tebboune to the Federal Republic of Germany. View the full content on Echourouk Online.
echoroukonline.com
The SONATRACH group and the German energy group 'VNG' have signed a new contract for the supply of natural gas, which stipulates an increase in the quantities of gas directed to the German market starting from January 1, 2027, as part of the official visit by the President of the Republic, Abdelmadjid Tebboune, to the Federal Republic of Germany. SONATRACH clarified in a statement issued yesterday, Sunday, that the contract was signed on Thursday by the CEO of the group, Nourredine Daoudi, and the Chairman of the Board of 'VNG', Ulf Heitmüller, during a ceremony overseen by the Minister of State, Minister of Energy, Mohamed Arkab, and the German State Secretary at the Federal Ministry of Economics and Energy, Frank Wetzl, in the presence of...
echoroukonline.com
Authorities continue to expand the powers of public administration representatives at the one-stop shops of the Algerian Agency for Investment Promotion, by granting state property management representatives the authority to prepare and sign concession contracts related to economic property, in a move aimed at simplifying administrative procedures and accelerating the implementation of investment projects. The Algerian Agency for Investment Promotion clarified in a statement issued on Sunday that number 50 of the official gazette, published on July 15, included a decision from the Ministry of Finance delegating representatives of the state property management working at the one-stop shops of the agency to prepare and sign concession contracts related to economic property.
echoroukonline.com
The distribution pole for Algiers, part of the Algerian Electricity and Gas Company 'SONELGAZ-DISTRIBUTION', has urged its customers, especially shop owners and economic activities, to rationalize electricity consumption during the heatwave the country is experiencing, by following simple measures that contribute to alleviating pressure on the distribution network and ensuring stable electricity supply. The pole clarified, in a statement issued yesterday, that this call comes in light of the special weather bulletin issued by the National Meteorological Office, which predicts the continuation of the heatwave until Tuesday, July 21, 2026, emphasizing the importance of rationalizing consumption, especially during peak hours extending from 2 PM...
echoroukonline.com
Oil prices rose by more than three percent in early Asian trading, with Brent crude surpassing $90 a barrel. Brent crude futures jumped $2.75 or 3.12 percent to $90.85 a barrel, while West Texas Intermediate futures increased by $2.56 or 3.10 percent to $85.05 a barrel.
radioalgerie.dzThe High Commissioner for Digitalization, Meriem Benmouloud, signed last Thursday in Shanghai, on behalf of Algeria, the agreement establishing a new intergovernmental organization dedicated to artificial intelligence. This membership positions the country as a founding member alongside twenty-eight other states, amid Sino-American rivalry over the governance of this technology.
ecotimesdz.com
Algeria - The SONATRACH group and the German company 'VNG' signed a natural gas supply contract during the official visit of the President of the Republic, Mr. Abdelmadjid Tebboune, to the Federal Republic of Germany, as stated today, Sunday, in a statement from SONATRACH.
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The General Directorate of Taxes announced today, Sunday, the extension of the deadlines for subscribing and submitting several tax declarations. This concerns the deadlines for taxpayers subject to the real profit system and the single flat tax. In a statement from the mentioned directorate, it was reported that this is aimed at enabling them to meet their tax obligations under the best conditions.
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