
Launch of 5G LTE Fixed Internet Project in Algeria - Iqtissad Al Balad
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Latest updates from the Algerian business ecosystem

DZD economy aliqtissad dz Algeria economy news

DZD economy aliqtissad dz Algeria economy news

The Ministry of Foreign Trade and Export Promotion has initiated a wide-ranging regulatory investigation into the coffee import process in Algeria, by requiring importers to provide detailed financial and commercial files covering a full six years. In this context, the Ministry of Foreign Trade and Export Promotion, as part of strengthening control mechanisms over coffee imports of both types 'Robusta' and 'Arabica', has instructed the managers of importing companies to submit a comprehensive documentary file covering the period from 2020 to 2026, within a maximum of ten days from the date of signing the dispatch. An official directive issued under number: 02/2026 dated May 10, 2026, which was reviewed by 'Echorouk', and signed by the Secretary-General of the ministry, Abdel Salah...

70 billion dinars in deposits and 110,000 accounts in Islamic banking; real estate accounts for more than half of the bank financing portfolio. The Crédit Populaire Algérien is preparing to launch a new package of Islamic financing products starting next June, in a move that reflects a trend towards expanding halal banking and supporting investment dynamics in the country. These offers include financing directed towards the establishment of hotels, production facilities, administrative headquarters, and large factories, with repayment terms extending up to 15 years, providing investors with greater capacity to realize their strategic projects with financial stability and long-term sustainability. In this context, the head of the Islamic banking department at the Crédit Populaire Algérien, Soufiane Mezari, stated in a statement...

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Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received today, Tuesday, at the ministry's headquarters, the Minister of Interior, Federal Affairs, and Reconciliation of the Federal Republic of Somalia, Ali Yusuf Ali, who is on an official visit to Algeria, according to a statement from the ministry.

Algeria - The African Petroleum Producers Organization (APPO) confirmed today, Tuesday, that the preparations for the launch of the African Energy Bank (AEB) are 'progressing at a good pace', noting that this financial institution, launched in partnership with the African Export-Import Bank (Afreximbank), aims to support investments in the hydrocarbons sector on the African continent.

The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received today, Tuesday, at the ministry's headquarters, the Minister of Interior, Federal Affairs, and Reconciliation of the Federal Republic of Somalia, Ali Yusuf Ali, who is on an official visit to Algeria, according to a statement from the ministry.

The Minister of Pharmaceutical Industry, Wassim Gouidri, during his meeting with several economic operators in the pharmaceutical industry, emphasized the need to ensure regular supply to the national market with various medicines, while providing pharmaceutical products in sufficient quantities to meet citizens' needs and maintain market stability. The meeting, held today Tuesday at the ministry's headquarters, was attended by the President of the National Union of Pharmacy Operators (UNOP) Abdel Rahim Zahir Nader, and the Vice President of the Algerian Economic Renewal Council (CREA) Abdel Wahid Kerrar, along with several professionals and economic operators active in the sector. Read the full content on Echourouk Online.

This was stated by the company's Vice President for Exploration, John Ardill, during the Houston Energy Forum.

These measures concern two different time periods.

The President of the Republic of Angola, João Manuel Gonçalves Lourenço, stated that Algerian President Abdelmadjid Tebboune is the African Union's champion in the fight against terrorism and in combating all forms of extremism.
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