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Latest updates from the Algerian business ecosystem

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Skikda: Launch of a seawater desalination plant with a capacity of 140,000 cubic meters per day

Skikda: Launch of a seawater desalination plant with a capacity of 140,000 cubic meters per day

On Tuesday, July 14, in the area of 'Al-Arabi Ben Mehidi' in the municipality of Skikda, the launch of a seawater desalination plant project with a production capacity estimated at 140,000 cubic meters per day took place. According to the Algerian News Agency, the operation was overseen by the CEO of SONATRACH, Nourredine Daoudi, who was accompanied by the General Director of the Algerian Water Desalination Company (the project owner), Lahcen Bada, the General Director of the National Channels Company (responsible for the project execution) Abdelhakim Shehili (a subsidiary of SONATRACH), and the Wali of Skikda, Said Akhrif, along with executives from SONATRACH and the Skikda province. View the full content on Echourouk Online.

Jul 14, 2026echoroukonline.com
Officially.. The subsidiary economic institution “Krapsi” in the stock market

Officially.. The subsidiary economic institution “Krapsi” in the stock market

The subsidiary economic institution “Krapsi for Expertise” has achieved a historic and economic milestone in the path of university innovation, after its official listing in the “Algerian Stock Exchange”, as the first branch of a national scientific research center to enter the financial market. This event is not just a successful financial operation, but a strategic and historic transformation in the path of university innovation and the national economy. Watch the full content on Echourouk Online.

Jul 14, 2026echoroukonline.com
Rzig: Algeria is ready to expand the presence of its products in the Mozambican market

Rzig: Algeria is ready to expand the presence of its products in the Mozambican market

The Minister of Foreign Trade and Export Promotion, Kamel Rzig, expressed Algeria's readiness to expand the presence of its products in the Mozambican market during his meeting today, Tuesday, July 14, with the Secretary of State for Trade of the Republic of Mozambique, Antonio Grispus, who is on a working visit to Algeria, accompanied by a delegation of Mozambican businessmen. According to the ministry, the two sides discussed ways to enhance economic and trade cooperation between the two countries, reviewed mechanisms for developing trade exchanges, and worked on increasing the volume of Algerian exports to the Mozambican market, reflecting the economic potential of both countries. Read the full content on Echourouk Online.

Jul 14, 2026echoroukonline.com
Algeria Supports Stellantis Growth with 8,000 Additional Vehicles

Algeria Supports Stellantis Growth with 8,000 Additional Vehicles

The Algerian market contributed to the performance of Stellantis in the Middle East and Africa during the second quarter of 2026, after the group recorded deliveries rising by about 8,000 vehicles, driven by the continued growth of Fiat Doblo sales, according to the Italian news agency specialized in this field, Nova News. The agency reported that Stellantis recorded global deliveries estimated at 1.6 million vehicles during the three months ending June 30, 2026, an increase of 10 percent compared to the same period last year, noting that global growth was primarily driven by the performance of North American and major European markets. View the full content on Echourouk Online.

Jul 13, 2026echoroukonline.com
OPEC Cuts Its Forecast for Global Oil Demand Growth to 780,000 Barrels Per Day

OPEC Cuts Its Forecast for Global Oil Demand Growth to 780,000 Barrels Per Day

The Organization of the Petroleum Exporting Countries (OPEC) has again lowered its forecast for global oil demand growth in 2026 to 780,000 barrels per day, marking the third consecutive downward revision, despite its continued expectations for an improvement in the global economy during the remaining period of the year and raising its estimates for demand growth in 2027. A copy of the organization's monthly report showed that OPEC reduced its forecast for global oil demand growth compared to its previous estimate of 970,000 barrels per day, while continuing to assess the implications of the US-Israeli war on Iran and its effects on energy consumption, considering that its repercussions will be less than the estimates of some other entities, such as the International Energy Agency.

Jul 14, 2026echoroukonline.com

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