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Banking & Finance
AL24 | الاقتصاد

Dollar Stabilizes Near Highest Level in 6 Weeks

The dollar stabilized today, Wednesday, near its highest level in six weeks, as investors began to accept the possibility of interest rate hikes to combat inflation resulting from the war with Iran, which pushed the yen back into the area where authorities intervene to support it. The uncertainty regarding when the war in the Middle East will end negatively affected sentiment, raised concerns about inflation, and led to a global sell-off of bonds as the yield on 30-year U.S. Treasury bonds reached its highest level since 2007. President Donald Trump stated that the United States may have to attack Iran again, but he indicated that it wants an agreement to end the war that has caused disruptions in the region.

May 20, 2026al24news.dz
Sustainability & Green Economy
Northern Europe Opens Green Energy Partnerships with Algeria

Northern Europe Opens Green Energy Partnerships with Algeria

Northern European countries, represented by the embassies of Denmark, Finland, Norway, and Sweden in Algeria, have opened new horizons for cooperation in the fields of renewable energy and energy transition, within an approach based on innovation and sustainability. Algeria, for its part, renewed its readiness to enhance its partnerships in energy efficiency and the development of clean energies, in line with sustainable development goals and the United Nations 2030 agenda. The meeting held in Algiers last Thursday, on the occasion of the third edition of the Nordic Sustainability Forum, concluded with a renewed confirmation of Algeria's desire to strengthen its partnerships with Nordic countries in the fields of renewable energy and energy efficiency.

May 22, 2026echoroukonline.com
Regulatory & Legal
Expanded Powers for the Minister of Foreign Trade to Curb Invoice Inflation and Reduction!

Expanded Powers for the Minister of Foreign Trade to Curb Invoice Inflation and Reduction!

Strict measures against illegal practices… Developing logistical rules for export, proposing national indicators for billing manipulation risks, and integrating relevant sectors into the control policy. The government has granted broader powers to the Minister of Foreign Trade and Export Promotion in monitoring foreign trade and overseeing import and export operations, under a new executive decree signed by Prime Minister Aïmene Benabderrahmane, published in the latest issue of the official gazette, concerning the amendment of the executive decree defining the powers of the sector. Starting today, the Minister of Foreign Trade and Export Promotion will be responsible for monitoring risk indicators related to invoice inflation or reduction in import and export operations.

May 22, 2026echoroukonline.com
Manufacturing & Industry
What is Algeria's position in the massive investment plan of Stellantis?

What is Algeria's position in the massive investment plan of Stellantis?

The global automotive group Stellantis announced a massive investment plan exceeding $60 billion over five years, with the launch of around 60 new models for its various brands by 2030, as presented by the group during Investor Day in the United States under the slogan 'FaSTLAne 2030'. This plan aims to expand Stellantis operations in Algeria. The five-year plan for Stellantis was announced during Investor Day held on Thursday in Auburn Hills, near Detroit, Michigan, USA, where the group's CEO, Antonio Filosa, indicated that the plan focuses on accelerating the industrial transformation of the group through investment in global platforms.

May 22, 2026echoroukonline.com

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