Latest updates from the Algerian business ecosystem
Algeria - Interior, Local Communities and Transport Minister Saïd Sadiou received today, Monday in Algiers, the Director General of the Maritime Transport and Container Shipping Company and Logistics Services in Algeria 'CMACGM', Mohamed Mahmouri, according to a statement from the ministry.
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The Minister of Industry, Yahia Beshir, has decided to remove all obstacles and accelerate the pace of the strategic industrial projects of the Algerian-Qatari Steel Company in Bellara, Jijel Province, and the milk and infant milk production project represented by the 'Bledna Algeria' group, ensuring their entry into operation as soon as possible. According to a statement from the Ministry of Industry published on its official Facebook page, the minister received today, Monday, the Ambassador of Qatar to Algeria, Abdulaziz Ali Al-Naimah, accompanied by representatives of the Algerian-Qatari Steel Company.
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The Norwegian Deputy Minister of Energy, Sunnhild Eriksen Schjefrak, praised Algeria's position as a reliable partner and a key player in the regional and international energy market on Monday. The Norwegian official was received by the Minister of State and Minister of Hydrocarbons, Mohamed Arkab, accompanied by a high-level delegation from the 'Equinor' group. This is part of strengthening cooperation and partnership relations between the two countries in the hydrocarbons sector. Read the full content on Echourouk Online.
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In just 90 days of 2026, the insurance sector in Algeria achieved a turnover exceeding 57 billion dinars, while the value of compensations and pending claims to be settled exceeded 127 billion dinars, indicating the massive financial volume managed by insurance companies. Concurrently, the car insurance branch experienced a notable recovery, driven by the conclusion of more than 132,000 new contracts during the first quarter, capturing over half of the damage insurance market, confirming its position as a growth engine for the sector amid rising compensations and the ongoing challenge of settl...
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Banks are required to send the results of shipping fees for the second semester and periodic reports on shipping expenses to foreign trade services. Authorities decided to extend the exceptional license granted to banks, which allows the settlement of import invoices that include shipping expenses, until December 31, 2026, instead of ending on June 30 of this year, in a move aimed at ensuring the smoothness of import operations and avoiding any administrative obstacles that may delay the processing of files for economic operators. In detail, an official correspondence sent by the Professional ...
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Bashir confirms that support continues to accelerate the completion of strategic industrial projects.
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The Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, received the Deputy Minister of Energy of the Kingdom of Norway, Snorre Erichsen Skjevrak, accompanied by a high-level delegation that included the Ambassador of the Kingdom of Norway to Algeria and several officials from the Equinor group, in the presence of the President of the National Agency for the Valorization of Hydrocarbon Resources (ALNAFT), Samir Bakhti, and the President of the Hydrocarbons Regulatory Authority, Amin Ramini, along with officials from the ministry.
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The Minister of Industry, Yahia Bachir, received Abdulaziz Ali Al-Naimah, the Qatari Ambassador to Algeria, accompanied by representatives from the Algerian Qatari Steel Company (AQS) and the 'Baladna Algeria' group, in the presence of representatives from the National Company for Iron and Steel (SNS) and the Madar group, along with officials from the Ministry of Industry, on Monday at the ministry's headquarters.
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The Minister of Foreign Trade and Export Promotion, Kamal Rzig, chaired a working meeting dedicated to evaluating the national exhibitions and salons organized during the first half of the current year, where he emphasized the need to adopt precise indicators to measure their impact on developing national production and enhancing their contribution to achieving economic diversification and promoting exports, according to a statement from the ministry on Monday.
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The Minister of Interior, Local Communities, and Transport, Saïd Ouyed, received Mohamed Mahamouri, the CEO of CMA CGM Algeria, on Monday evening at the Government Palace, according to a statement from the ministry.
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DZD economy aliqtissad dz Algeria economy news
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