Latest updates from the Algerian business ecosystem
Oil prices stabilized relatively today, Thursday, during mid-European trading, as traders await developments in geopolitical factors affecting the crude market. The price of North Sea Brent crude for July delivery rose by 0.67% to $106.34. Meanwhile, its American counterpart, West Texas Intermediate crude for June delivery, increased by 0.53% to $101.56.
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Algeria is set to increase its production of aquaculture fish to more than 20,000 tons annually by 2027, compared to expectations of production ranging between 12,000 and 14,000 tons during the current year, as part of a government action plan aimed at developing the sector and enhancing marine food security. The Director General of Fisheries and Aquaculture at the Ministry of Agriculture, Rural Development and Fisheries, Miloud Taria, explained that these goals are part of a national strategy to develop aquaculture, alongside Algeria's commitment to the standards of the General Fisheries Comm...
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The National Insurance Company (SAA) announced the launch of two new insurance products related to civil liability insurance for the use of drones and insurance against cyber risks for institutions, in a move aimed at keeping pace with technological developments and enhancing the modernization of insurance services. The CEO of the company, Youssef Ben Mesia, stated in a statement to 'APS' that these two products are part of a strategy to update and develop the insurance services provided by the company, in line with the rapid transformations in the fields of technology and digitization.
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The 24th edition of the International Exhibition for Agriculture, Livestock, and Agro-Food Industries “SIPSA Agriculture” will take place from May 18 to 21, featuring 850 Algerian and foreign exhibitors representing 39 countries, alongside 247 international brands, with expectations of receiving more than 40,000 visitors. The event, organized at the Palais des Expositions in El-Madania, Algiers, will include various activities focused on modernizing the agricultural sector and enhancing food sovereignty, under the slogan “Modernizing Agriculture, Strengthening Food Sovereignty, and Looking to ...
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14 Algerian companies specialized in the production and export of food products and agricultural products are participating in the international food salon 'TuttoFood', organized in the Italian city of Milan from May 11 to 14, as part of efforts to enhance the presence of Algerian products in international markets. The Ministry of Foreign Trade and Export Promotion stated in a statement that the Algerian pavilion includes a diverse range of national products, including vegetables, fruits, dates and their derivatives, olive oil, beverages, and other food products, aimed at promoting national products.
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The Minister of Industry, Yahia Bachir, discussed with the State Secretary at the Ministry of Foreign and European Affairs of the Slovak Republic, Mark Ishtok, ways to enhance bilateral cooperation in the industrial field and develop economic and investment partnership between the two countries. A statement from the Ministry of Industry clarified that the meeting, which took place at the ministry's headquarters, was also attended by the Slovak ambassador to Algeria, Marek Morin, along with his accompanying delegation. Read the full content on Echourouk Online.
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Engineer Rabah Ouled Hadar, representative of the south and supervisor of digitization and foresight at the National Chamber of Agriculture, confirms that the harvest and threshing season for 2026.
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The Ministry of Agriculture, Rural Development and Fisheries has mobilized unprecedented human, logistical, and technical resources in a nationwide campaign to secure the harvest season, starting from the southern provinces.
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Economy DZD aliqtissad dz Algeria economy news
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The economy of Algeria aliqtissad dz Algeria economic news
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In the face of food sovereignty challenges, the wilaya of Sidi Bel-Abbes is deploying an exceptional logistical and preventive system, under the direction of the wali Kamel Hadji, to secure the 2025-2026 cereal harvest and achieve a production target of two million quintals, APS learned from the wilaya services.
ecotimesdz.comBy promoting the exploitation of its giant iron, phosphate, and zinc deposits, Algeria is realizing a historic transition towards a diversified economy. Driven by an attractive legislative overhaul and a $18 billion railway logistics plan, the country is freeing itself from exclusive dependence on hydrocarbons. This mandatory local transformation strategy creates a powerful multiplier effect: it secures the trade balance, generates tens of thousands of jobs, and elevates the nation to the rank of a future essential industrial and agricultural hub on a global scale...
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