Latest updates from the Algerian business ecosystem
Today, Sunday, President of the Republic, Abdelmadjid Tebboune, received the Minister of Foreign Affairs, Francophonie, and Congolese Abroad, Serge Constant Bonda, along with his accompanying delegation, according to a statement from the Presidency.
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Oil prices continued to rise in trading on Monday, as efforts to end the war on Iran faltered following an attack on a nuclear plant in the UAE by a drone.
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The National Office for Explosive Materials has initiated an economic operating phase, with Algeria's consumption of explosive materials rising to more than 37,220 tons in 2025, compared to 32,455 tons in 2024, and 26,700 tons in 2023, to keep pace with the accelerating pace of major projects in railways, mining, and public works. This reveals the significant logistical and industrial role that the institution, affiliated with the Directorate of Military Industries, is playing in realizing the national economic transformation.
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European traders clarified yesterday, Sunday, according to what was reported by the 'Reuters' agency, that the tender relates to shipping to only two ports, which usually indicates Algeria's intention to purchase a limited quantity compared to previous tenders.
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Today, Monday, the finance ministers of the Group of Seven major industrialized nations are meeting in Paris, in an attempt to find common ground to alleviate the severity of global economic tensions and coordinate supplies of vital raw materials. French Finance Minister, Bruno Le Maire, stated that the agenda for the Paris meeting will focus on what he described as entrenched imbalances in the global economy that fuel trade disputes and threaten potential disruptions...
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Algeria - 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 Farouk, inaugurated the 24th edition of the International Exhibition for Agriculture, Livestock, and Agro-Industry '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.
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Professor of Economic Sciences at the University of Algiers, Houari Tigrassi, confirmed the existence of a strong political will to expedite the formulation and implementation of a national strategy for the development of the petrochemical industry and to start utilizing the available capabilities in this sector, making it a true lever for the national economy, similar to the major oil-producing countries in the Arab region that have made significant strides in diversifying their economies.
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Algeria and Chad signed two framework agreements on Sunday aimed at establishing practical and sustainable cooperation in the fields of tourism and traditional industry, focusing on developing tourism products, enhancing investment, exchanging expertise and training, and promoting traditional industries as a cornerstone of cultural identity and a driver of local development, according to a statement from the Ministry of Tourism and Traditional Industry. The agreements were signed by the Minister of Tourism and Traditional Industry, Houria Medahi, and the Minister of Tourism Development, Culture, and Traditional Industry of the Republic of Chad, Abakar Rozi Taqil, in a move described as reflecting the mutual desire of the two countries to elevate bilateral cooperation to the level of a strategic partnership. Read the full content on...
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A regional training course on the principles of nuclear forensic analysis was launched yesterday, Sunday, organized by the Nuclear Security Training and Support Center in cooperation with the International Atomic Energy Agency, with the participation of experts and specialists from 11 countries, as part of enhancing regional and international cooperation in the field of nuclear security and the peaceful uses of nuclear energy. The Minister of Energy and Renewable Energies, Mourad Adjali, oversaw the opening of the course, which is part of the programs and activities of the International Network of Training and Support Centers in the field of nuclear security affiliated with the International Atomic Energy Agency. View the full content on Echourouk Online.
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The head of the delegation of experts and engineers from the Ministry of Petroleum of the Republic of Niger, Amadou Hassan, praised the technical expertise and capabilities of SONATRACH, affirming that it qualifies the company to contribute to the development of the hydrocarbon sector in Niger and accompany its oil projects, considering the company as 'an African company par excellence' and 'a source of pride for the continent' due to its role in developing competencies and expertise in African countries. Amadou, a petroleum geophysicist and coordinator of the Trans-Saharan Gas Pipeline (TSGP) project management unit, stated in a press statement reported by 'APS' during the visit of a delegation of experts and engineers from the Nigerien Ministry of Petroleum to Hassi Messaoud, that SONATRACH 'thanks to its expertise and professionalism significantly contributes to enhancing pride and dignity...
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Algeria will host the 20th edition of the National Salon for Employment, Training, and Entrepreneurship 'Algeria Job Summit' from June 2 to 4, 2026, with the participation of more than 80 national and international institutions and organizations. This economic and scientific event aims to enhance employment, training, innovation, and entrepreneurship opportunities, while keeping pace with the transformations in the labor market. The salon will take place at the Mouloud Mammeri Cultural Palace, featuring national and international companies, training schools and centers, business incubators, startups, and support and accompaniment organizations, alongside public institutions, making it one of the most prominent national spaces dedicated to employment, continuous education, and entrepreneurship. Read the full content on Echourouk Online.
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Algiers has made a significant leap in the ranking of mobile internet speed, joining for the first time the club of the top 50 cities worldwide, according to the latest monthly report from Ookla, a platform specialized in measuring internet speed. According to updated data from the global city index, the mobile network in Algiers recorded a download speed of 163.31 Mbps, with an upload speed of 24.30 Mbps, and a low latency of 18 milliseconds, which the statement considered an indicator of high efficiency and network stability. Read the full content on Echourouk Online.
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