Latest updates from the Algerian business ecosystem
In front of the CREA, President Tebboune announces the end of the transition to a free economy by 2027 and a GDP target of $400 billion.
ecotimesdz.com
Batna - The Director General of the Algerian Investment Promotion Agency, Omar Rakach, stated this Saturday evening that all arrangements have been made to start assembling trucks from the Chinese brand 'Sokon' at the 'Sokon Algeria' plant located in the activity area of the municipality of Zana El Beyda in Batna Province.
aps.dz
As part of the implementation of the sectoral program in the field of public works, the Minister of Public Works and Basic Infrastructure, Mr. Abdelkader Ghalawi, chaired this Saturday at the ministry's headquarters, a coordination meeting attended by the central officials of the ministry, the Director General of the Algerian Highway Authority (ADA), and its officials.
radioalgerie.dz
Algeria - The Minister of Housing, Urban Planning and City, Mohamed Tarek Belaribi, chaired today, Saturday, a coordination meeting at the ministry's headquarters, which included members of the multi-sectoral committee tasked with preparing the bill that defines the planning and construction rules in forest areas, in order to prevent fire hazards and protect people and property, according to a statement from the ministry.
aps.dz
The Governor of the Bank of Algeria, Mohand Bourai, during the 54th meeting of the International Monetary Fund's Committee on Monetary and Financial Affairs in Bangkok (Thailand), emphasized the need to take all necessary measures to restore overall financial stability and protect public investment, relying on reliable medium-term frameworks that would support sustainable and inclusive growth, considering the situation in the Middle East.
radioalgerie.dz
Read the full content on Echourouk Online. The post Rakach inspects the progress of the utility vehicles project in Batna appeared first on Echourouk Online.
echoroukonline.com
The Minister of State and Minister of Hydrocarbons, Mohamed Arkab, stated that the hydrocarbons sector recorded 17 new discoveries through SONATRACH's efforts since the beginning of the current year.
echaab.dz
The Algerian Water Desalination Company, a subsidiary of SONATRACH, announced a scheduled technical shutdown of the Foka 2 seawater desalination plant from October 18 to 22, to carry out annual maintenance work. The company confirmed that this operation is part of a proactive program aimed at ensuring the technical readiness of the facility and the continuity of its performance. The company explained in a clarifying statement that the maintenance date had been postponed by one week at the request of the Algerian Water Company, taking into account the requirements of public service, amid the works that the company was carrying out on the water distribution network in the Boumerdes province. View the full content on Echourouk Online.
echoroukonline.com
Algeria's revenues from hydrocarbon exports reached $37.5 billion between January and the end of September 2026, according to what was reported today, Saturday, in Algiers by the Minister of State and Minister of Hydrocarbons, Mohamed Arqab. Mr. Arqab explained, during a presentation he gave before the Finance and Budget Committee of the National People's Assembly, as part of the study and discussion of the 2027 Finance Law project, in the presence of the Minister of Relations with Parliament, Najiba Djilali, that these revenues were mainly driven by a 37% increase in the average price of Algerian crude oil compared to the same period in 2025.
radioalgerie.dz
Nigerian businessman Aliko Dangote revealed his group's plans to invest up to $50 billion in the manufacturing sector in Africa by the end of 2030, noting that Algeria intends to enter the production of Linear Alkylbenzene (LAB) with an annual capacity of 100,000 tons, through a strategic petrochemical project underway in Skikda, according to statements reported by 'Business Insider Africa'. Read the full content on Echourouk Online.
echoroukonline.com
Algeria - The Minister of State, Minister of Energy, Mohamed Arkab, began today, Saturday, to present a report on the sector before the Finance and Budget Committee of the National People's Assembly, as part of the study and discussion of the 2027 Finance Bill.
aps.dz
The President of the Republic, Abdelmadjid Tebboune, announced a series of economic goals and strategic projects, most notably connecting Tamanrasset to the railway network before the end of 2028, completing the trans-Saharan road and linking it to Chad, Niger, and Mali before the end of 2027, in addition to manufacturing a fully Algerian car by the end of 2028, emphasizing the continuation of efforts to diversify the economy and enhance national production. President Tebboune stated during the annual speech before economic operators that Algeria seeks to continue its economic transformation and transition from a managed economy to a free economy based on liberating economic initiative while maintaining social and economic stability. He confirmed that the recorded indicators reflect a significant difference.
echoroukonline.comNews Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.
