Latest updates from the Algerian business ecosystem
Algeria - Economic experts highlighted the directives given by the President, Mr. Abdelmadjid Tebboune, during his chairing of a Cabinet meeting yesterday, aimed at developing the petrochemical industry, considering that they reflect his strong will to accelerate the economic transformation process and transition to a new phase in the valorization of natural resources.
aps.dz
Algeria - The President of the Republic of Mozambique Association, Margarida Adamughi Talaba, expressed her admiration for the progress made by Algeria in the pharmaceutical industry sector, calling for benefiting from its expertise in this field, according to a statement from the Ministry of Pharmaceutical Industry.
aps.dz
Algeria - The Bank of Algeria organized today, Monday in Algiers, a study day on the instruction recently issued 04-2026 related to the Know Your Customer (KYC) procedure applicable to banks, financial institutions, and the financial services of Algeria Post, with the participation of several government members, aimed at explaining, exchanging views, and discussing the provisions contained therein, aimed at enhancing transparency in transactions and various financial procedures.
aps.dzAlgeria - The Minister of Finance, Abdel Karim Boualzerd, highlighted today in Algiers the role of banks and financial institutions in implementing the new procedures recently established by the Bank of Algeria regarding 'customer due diligence', calling for enhanced communication through organizing regular meetings to clarify and explain these measures for the benefit of employees and workers in the banking and financial sector.
aps.dz
The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, oversaw the opening of the 24th edition of the International Exhibition for Agriculture, Livestock, and Agro-Processing 'Sipsa Agriculture' at the Exhibition Palace in the capital, with the participation of 850 Algerian and foreign exhibitors from 40 countries, including Egypt, Niger, and Mauritania as guest of honor.
radioalgerie.dz
The Minister of Finance, Abdel Karim Boualzerd, highlighted today in Algiers the role of banks and financial institutions in implementing the new measures recently established by the Bank of Algeria regarding 'customer due diligence', calling for enhanced communication through organizing regular meetings to clarify and explain these measures for the benefit of employees and workers in the banking and financial sector.
radioalgerie.dz
Algeria is advancing in the development of direct reduced iron within the Middle East and North Africa region, through projects with a capacity of about 5 million tons annually, enhancing its position among the countries most contributing to the transition towards low-emission steel production, according to a report by Global Energy Monitor, reviewed by the Energy Research Unit. The report ranks Algeria second regionally in direct reduced iron expansions, behind Libya, which leads the scene with a capacity of 11 million tons annually, while Egypt comes in third with about 3 million tons annually, amid a clear acceleration in the development of this type of industry in the region. Read the full content on الشروق أونلاين.
echoroukonline.com
Ténès Port in Chlef Province witnessed an intensive export operation during which three ships were simultaneously loaded with a total of over 16,000 tons of clinker and cement, reflecting an increase in operational readiness and enhancing the pace of exports outside the hydrocarbons sector. This operation is part of the implementation of the instructions of the Minister of Interior, Local Communities, and Transport, Saïd Sayoud, aimed at improving the performance of Algerian ports and increasing their management effectiveness, alongside enhancing support for economic operators, especially those active in exporting outside hydrocarbons, in line with the field directives of the port services group, Sarbor.
echoroukonline.com
The Ministry of Finance, through the General Directorate of Budget and the General Directorate of Treasury and Accounting, issued Decision No. 2705 dated May 5, 2026, regarding the granting of an exceptional license to settle outstanding local community debts from previous financial years, in a step aimed at clearing unpaid financial dues and supporting the financial balances of public institutions and economic operators. The decision includes, in its first article, granting an exceptional license to cover expenses related to the repayment of local community debts, including municipalities and provinces, resulting from previous financial years, with the concerned category specified in the debts owed to economic operators, particularly public institutions.
echoroukonline.com
The Minister of Public Works and Basic Infrastructure, Abdelkader Djellali, conveyed the congratulations and encouragements of the President of the Republic, Abdelmadjid Tebboune, to all executives, workers, and field teams in the public works and basic infrastructure sector, in appreciation of their efforts in completing sensitive structural projects, which are considered a fundamental lever for the path of development and construction in the country. The minister emphasized, in a statement published by the relevant ministry, that this recognition reflects the President's acknowledgment of the pivotal role played by the executives and workers in implementing new strategic projects that contribute to establishing the foundations of a diversified national economy and shaping the features of a rising and strong Algeria capable of taking its place among nations.
echoroukonline.com
The Secretary of State to the Minister of Energy, responsible for renewable energies, Nour Eddine Yassine, previously revealed the launch of the project study in partnership with the World Bank.
elkhabar.com
The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, today, Monday, alongside the Egyptian Minister of Agriculture and Land Reclamation, Alaa El-Din.
echaab.dzNews Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.
