
Skechers establishes itself in Algeria: A strategic industrial partnership
The first production unit of the American shoe giant Skechers in Africa, the future Algerian industrial complex illustrates the new
Latest updates from the Algerian business ecosystem

The first production unit of the American shoe giant Skechers in Africa, the future Algerian industrial complex illustrates the new

The promotion of investment is at the center of the government's and local authorities' priorities. All institutions and departments

Economic development expert, Professor Abdel Rahman Hadif, stated that the decision of the Financial Action Task Force (FATF) to remove Algeria from the grey list is a positive and significant news for the country and reflects the success of the reforms undertaken by Algeria in the financial and legal fields over the past twenty months.

Oil prices experienced fluctuations this Monday during European trading, in a market still reacting to the latest geopolitical developments in various parts of the world. During morning trading, the price of North Sea Brent crude for August delivery fell by 1.71% to $79.19. Meanwhile, its American counterpart, West Texas Intermediate crude for July delivery, rose by 0.52% to $77.

The Indian group 'Jindal Saw' (JINDAL SAW Ltd), one of the leading global producers of iron and steel pipes, has expressed interest in implementing an investment project in Algeria that involves establishing an industrial complex for the production of steel pipes of various diameters and sizes, in a move that would support the national market and enhance the manufacturing industries related to the energy, water resources, and infrastructure sectors. This came yesterday during a meeting with the Director General of the Algerian Investment Promotion Agency, Omar Rekach, and a high-level delegation from the Indian group led by its President Prithvi Raj Jindal, in the presence of the Indian Ambassador to Algeria Swati Vijay Kolkarni and several company officials.

The Algerian Economic Renewal Council discussed with a delegation from Bosnia and Herzegovina ways to enhance economic relations and expand bilateral partnerships, agreeing to prepare a memorandum of understanding between the two sides and organize visits for businessmen and investors to explore investment opportunities and implement field partnership projects. This came during the reception of the Algerian Economic Renewal Council President, Kamel Moulai, by a Bosnian delegation led by the Director General of the Bosnian Agency for the Promotion of Foreign Investments, Marko Kovatlija, according to a statement from the council.

The President of the Algerian Economic Renewal Council (CREA), Kamel Moula, discussed with the Director General of Foreign Trade at the Spanish Ministry of Economy and Trade, Juan Luis Jimeno Chocaro, ways to enhance bilateral economic exchanges and develop partnerships and joint production between the two countries. The meeting took place yesterday, Sunday, in the presence of members of the Algerian Economic Renewal Council and representatives of the Spanish Confederation of Employers' Organizations (CEOE), as part of efforts to strengthen economic cooperation between Algeria and Spain and open new horizons for investment and partnership. Read the full content on Echourouk Online.

Starting from the upcoming winter season.

The economy of Algeria news

E-bourse of June 22, 2026 n1454 Algerian economy - E-bourse - PDF

Algeria - The Indian group 'Jindal Saw' (JINDAL SAW Ltd), one of the leading global producers of iron and steel pipes, has expressed interest in implementing an investment project in Algeria that involves the establishment of an industrial complex for the production of steel pipes of various diameters and sizes, according to the Algerian Agency for Investment Promotion.

The President of the Republic, Mr. Abdelmadjid Tebboune, today, Sunday, during a meeting of the Council of Ministers, issued instructions to establish an Algerian-Chinese company specializing in cleaning all Algerian ports from east to west, immediately after the completion of the expansion project of the Annaba port, in preparation for its entry into the phosphate export phase of Algeria after the completion of the mining railway line connecting the Blad El-Hadba mine to Wadi Kabrit, reaching the Annaba port.
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