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Enhancing industrial cooperation and technology transfer between Algeria and Spain: Arqab receives a delegation from the company 'Arvilo'

Enhancing industrial cooperation and technology transfer between Algeria and Spain: Arqab receives a delegation from the company 'Arvilo'

Today, Tuesday, the Minister of State, Minister of Energy, Mohamed Arqab, received at the ministry's headquarters the president of the Spanish company 'Arvilo', Gonzaga Fernandez, accompanied by a delegation from the company's executives, according to a statement from the ministry. The meeting, which was attended by officials from the ministry, provided an opportunity to discuss prospects for cooperation and partnership between SONATRACH and the Spanish company specialized in the design and manufacturing of industrial valves and technical equipment for the oil and gas sectors and seawater desalination.

May 19, 2026radioalgerie.dz
Import of more than 820,000 heads of sheep so far

Import of more than 820,000 heads of sheep so far

Algeria - As of today, Tuesday, more than 820,000 heads of sheep have been imported as part of the program to import one million heads of sheep in preparation for the upcoming Eid al-Adha, according to the digital platform 'Ahdahi' (adhahi.dz) launched by the Ministry of Agriculture, Rural Development and Fisheries to reserve and sell imported livestock.

May 19, 2026aps.dz
India-Africa Forum Summit 2026: Connecting Continents and Building the Future

India-Africa Forum Summit 2026: Connecting Continents and Building the Future

When the leaders of the fifty-four African countries gather in New Delhi this month for the fourth session of the India-Africa Forum Summit (IAFS-IV), this event will embody the spirit of solidarity between the peoples of India and Africa. The mechanism for holding India-Africa Forum Summits was institutionalized in 2008 to enhance Indian-African relations in an organized and focused manner. The third session of the India-Africa Forum Summit was held in 2015. Read the full content on Echourouk Online.

May 19, 2026echoroukonline.com
Grain Silos, Agricultural Machinery, and Mechanical Projects: Algeria and Belarus Accelerate Partnership

Grain Silos, Agricultural Machinery, and Mechanical Projects: Algeria and Belarus Accelerate Partnership

A meeting between the Minister of Industry, Yahia Beshir, and the Deputy Minister of Industry of Belarus, Denis Bikay, concluded with an emphasis on accelerating the implementation of joint industrial projects between Algeria and Belarus, particularly in the fields of agricultural mechanization and grain storage silo manufacturing, while expanding cooperation towards mechanical industries and industrial equipment. According to a post by the Ministry of Industry on its official Facebook page, the Minister of Industry received the Deputy Minister of Industry of Belarus and his accompanying delegation at the ministry's headquarters on Tuesday evening, May 19, as part of continuing to implement the outcomes of previous meetings and enhancing bilateral cooperation between Algeria and Belarus in the industrial and economic fields.

May 19, 2026echoroukonline.com
Egyptian 'El Sewedy Electric' Plans to Launch New Investments in Algeria

Egyptian 'El Sewedy Electric' Plans to Launch New Investments in Algeria

The Egyptian company 'El Sewedy Electric' announced on Tuesday that it plans to inject new investments in Algeria worth up to $1.3 billion, as part of its plans to expand its investments in the country into the housing, tourism, and agriculture sectors. These investments, according to what was reported by the specialized channel 'Al Sharq' from the general manager of 'El Sewedy Electric Algeria' Mustafa Awad Al-Halwani, will be added to the $3 billion that the company pledged under two agreements signed during the African intra-trade fair in September 2025. Watch the full content on Echourouk Online.

May 19, 2026echoroukonline.com
90-Day Report... Algerians Gradually Move Away from Cash!

90-Day Report... Algerians Gradually Move Away from Cash!

Half a million contactless payment cards and 29,000 deferred payment cards in the banking market, 4,713 ATMs across the national territory, and 104,000 electronic payment terminals. Algeria recorded an unprecedented leap in electronic payment activity during the first months of 2026, after the value of online transactions exceeded 107 billion dinars in January alone, primarily driven by payments related to the 'Aadl 3' program, alongside the expansion of digital services for paying pilgrimage costs, administrative service fees, and electronic commercial transactions. These figures reflect the rapid shift towards the use of modern payment methods and the gradual decline in reliance on cash liquidity.

May 19, 2026echoroukonline.com
No imports without sufficient private funds.. New rules from the Bank of Algeria!

No imports without sufficient private funds.. New rules from the Bank of Algeria!

The Bank of Algeria has ordered accredited intermediary banks to tighten control over import operations of goods intended for resale, by subjecting economic operators to a prior assessment of their financial capabilities, and preventing the value of unsettled import operations from exceeding their private funds, in a new step aimed at enhancing control over foreign trade and securing the financial balances of importers. According to Instruction No. 05-2026 signed by Governor Mohamed Lamine Labo on May 19, 2026, which was reviewed by 'Echorouk', these measures were implemented in accordance with the provisions of Article 42 of Regulation No. 07-01 dated February 3, 2007, as amended and supplemented, concerning the rules applicable to transactions with abroad...

May 19, 2026echoroukonline.com

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