Latest updates from the Algerian business ecosystem
Gold prices rose by more than $32 during trading on Monday, recovering most of the losses incurred last week, as the U.S. dollar index declined.
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European natural gas prices have fallen, continuing the decline recorded last week, amid optimism that the United States and Iran are nearing an agreement that would reopen the Strait of Hormuz, a vital chokepoint for global energy supplies.
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The General Union of Algerian Traders and Artisans, in a statement, called on traders, economic operators, artisans, service providers, and transporters across various provinces of the country to mobilize to ensure continuity and provide the basic needs of citizens during the upcoming Eid al-Adha holiday.
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This Monday morning, the largest livestock ship 'MV/MAWASHI EXPRESS' docked at Djendjen port at Algeria Wharf 1, coming from Romania and loaded with 81,070 heads of sheep, as part of the program of the President of the Republic, Mr. Abdelmadjid Tebboune, aimed at importing one million heads of sheep in preparation for the Eid al-Adha 2026. According to a statement from
radioalgerie.dzDr. Mokdad Aqoun, the person in charge of summarization and studies at the Ministry of Industry, confirmed that the national campaign for collecting sacrificial hides, now in its seventh year, will contribute to supporting and developing the leather industry in Algeria by increasing the percentage of usable hides in national production chains.
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The National Company for Marketing and Distribution of Petroleum Products 'Naftal' confirmed in a statement this Monday that all petroleum products will be available across all its stations and sales points during the days of Eid al-Adha. The statement said, 'Naftal informs its valued customers that during the days of Eid al-Adha, as well as throughout the rest of the year, all petroleum products will be available across all its stations and sales points, which remain open 24/7 across the national territory.'
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Algeria is participating from May 26 to 28 in Shanghai (China) in the events of the ninth edition of the International Tourism Fair, aiming to showcase its assets and enhance its appeal as a tourist destination, according to a statement from the National Office of Tourism (ONT) on Monday.
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The updated data from the digital platform 'Adahi' shows that the total number of imported sheep in preparation for Eid al-Adha 2026 has reached 1,001,136 heads, exceeding the target of importing one million heads. According to the data published until this Monday morning, 918,096 heads have actually arrived in the national territory, while 83,040 other heads are still in the shipping or import stages. Watch the full content on Echourouk Online.
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The SONELGAZ group discussed with the Tunisian Company of Electricity and Gas 'STEG' ways to expand bilateral cooperation and enhance coordination and integration between the Algerian and Tunisian networks, ensuring energy needs are met and addressing the increasing demand for energy during the summer of 2026, according to a statement from the group. This took place during a meeting on Sunday with the acting general manager of SONELGAZ, Abdelhamid Rais, and a high-level delegation from the Tunisian Company of Electricity and Gas, led by Faïçal Tarifa, where discussions focused on prospects for developing cooperation between the two sides and enhancing the level of coordination between the networks.
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The CEO of SONATRACH, Nourredine Daoudi, participated in the second edition of the Istanbul Natural Resources Summit 2026, where he presented the company's vision regarding investment strategies in the hydrocarbons and mining resources sector amid the transformations occurring in the global energy sector. The summit, organized under the theme 'Energy and Natural Resources at the Heart of a Changing World', was opened by Recep Tayyip Erdoğan, while Nourredine Daoudi participated as one of the main speakers in the first session dedicated to the topic 'Dealing with Uncertainty: Investment Strategies in Hydrocarbons and Mining Resources'.
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The percentage of connection to drinking water distribution networks in Algeria has reached 98%, while the connection rate to sanitation networks has reached 93%, with the operation of 234 wastewater treatment plants with a total capacity estimated at 1.1 billion cubic meters annually, according to the Minister of Water Resources, Lounes Bouzguza. The minister explained, during a speech delivered yesterday Sunday on the occasion of the celebration of Africa Day, that the length of the national network for distributing drinking water has exceeded 195,000 kilometers, while the length of the national sanitation network has reached 97,000 kilometers, reflecting the size of investments and projects completed in the water resources sector. Read the full content on Echourouk Online.
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This morning, the largest livestock ship to reach Algerian ports docked at the Port of Djendjen as part of a program to import one million sheep in preparation for Eid al-Adha 2026. The ship 'MV/MAWASHI EXPRESS', coming from Romania, carried a shipment of 81,070 sheep. The ship arrived at the port at 3:25 AM and docked at 'Algeria 1' berth, one of the four newly inaugurated berths, as part of efforts to enhance logistical capabilities for receiving large shipments. View the full content on Echourouk Online.
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