Latest updates from the Algerian business ecosystem
Algeria - The General Directorate of Taxes, in a statement, provided clarifications regarding the text messages sent by its services to citizens and tax officials concerning the tax settlement procedures that came into effect at the beginning of this year.
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Timimoun - The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, oversaw the launch of the first wheat harvest operation over an area of 1600 hectares in the framework of the Algerian-Italian partnership project for the production of grains and legumes yesterday evening in Timimoun.
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Oil prices recorded a slight increase at settlement on Thursday. Brent crude futures rose by 9 cents or 0.09 percent, reaching $105.72 per barrel at settlement. Meanwhile, West Texas Intermediate crude futures increased by 15 cents or 0.15 percent, settling at $101.17 per barrel.
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Gold prices fell slightly yesterday, Thursday, with spot gold dropping by 0.4 percent to $4669.48 per ounce. U.S. gold futures for June delivery also decreased by 0.4 percent, settling at $4685.30. The dollar index rose by 0.3 percent, making gold, priced in U.S. dollars, more expensive for holders of other currencies.
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A coordination meeting was held between the Ministry of Foreign Trade and Export Promotion and the Algerian Investment Promotion Agency to study mechanisms for directing investment towards sectors with rising import bills, according to a statement from the ministry. This meeting, which is part of the national policy to substitute imports and enhance national production, took place yesterday, Thursday, at the ministry's headquarters, between the sector minister, Kamel Rezig, and the agency's director general, Omar Rekach, in the presence of officials from both sides, the same source added.
radioalgerie.dz
The General Directorate of Taxes, in a statement, provided clarifications regarding the text messages sent by its services to citizens and tax officials concerning the tax settlement procedures that came into effect at the beginning of this year. The directorate indicated that some citizens and tax officials may have misunderstood through the text messages sent by its services that they are directly concerned with the tax settlement procedures, according to the statement.
radioalgerie.dz
The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, oversaw the launch of the first harvest operation for the wheat crop over an area of 1600 hectares in the framework of the Algerian-Italian partnership project for the production of grains and legumes.
radioalgerie.dz
The Bank of Algeria has begun tightening control measures on import operations by imposing a new requirement that obliges economic operators to carry out bank localization before shipping goods from foreign suppliers, in a move aimed at reducing any violations or illegal financial transfers. According to a directive numbered 01/2026 issued on May 14, 2026, by the Bank of Algeria, which was reviewed by 'Echorouk', all import operations for goods are now subject to a new strict procedure related to prior bank localization before shipping goods from foreign suppliers. The directive issued by the General Directorate of Currency at the Bank of Algeria aims to enhance control over foreign trade operations and track financial flows...
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Economy DZD aliqtissad dz Algeria's economy economic news
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By relying on the entry into force of regulatory texts related to investment, the head of government presented an unprecedented assessment of the
algeriainvest.info
Algeria has all the levers to become the agro-industrial hub of the region, provided it definitively breaks free from the cycle of dependency on
algeriainvest.infoAlgeria - The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, received the Executive Secretary of the General Fisheries Commission for the Mediterranean, Miguel Bernal, at the ministry's headquarters, in the presence of the representative of the Food and Agriculture Organization (FAO) in Algeria, Ms. Irina Beto, as stated in a ministry statement today, Thursday.
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