Latest updates from the Algerian business ecosystem
Algeria - The President of the National Agency for the Valorization of Hydrocarbon Resources (Alnaft), Samir Bakhti, confirmed that the data related to the international bidding round 'Algeria Bid Round 2026' for hydrocarbon exploration in seven new areas will be available starting June 1, 2026.
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Algeria - The Prime Minister of the Republic of Chad, Mr. Alangouma Halina, received a delegation of experts from the SONELGAZ group located in the capital N'Djamena, as part of the preparatory phase for the project to establish a 40 MW power generation plant, according to a statement from the public group today, Sunday.
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The President of the National Agency for the Valorization of Hydrocarbon Resources (Naftal), Samir Bakhti, confirmed that the data related to the international bidding round 'Algeria Bid Round 2026' for hydrocarbon exploration in seven new areas will be available starting June 1, 2026.
radioalgerie.dz
The Prime Minister of the Republic of Chad, Mr. Alngouma Halina, received a delegation of experts from the SONELGAZ group present in the capital N'Djamena, as part of the launch of the preparatory phase for the construction of a power plant with a capacity of 40 megawatts, according to a statement from the public group issued today, Sunday. The statement clarified that this meeting is part of implementing the directives of the President of the Republic, Mr. Abdelmadjid Tebboune, aimed at enhancing African cooperation and promoting South-South partnerships, noting that the reception took place in the presence of several officials from the Chadian government, alongside the Algerian ambassador to Chad.
radioalgerie.dz
Algeria - The Prime Minister, Mr. Saifi Gharib, highlighted today in Algiers the dynamic comprehensive reform that the Algerian Agency for Investment Promotion has been experiencing recently, which will transform it from a traditional administrative window to an integrated and restructured management, with a comprehensive simplification of the investment system, allowing for enhanced trust between investors and the state.
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Algeria - The Director General of the Algerian Investment Promotion Agency, Omar Rakach, revealed today, Monday in Algiers, that more than two-thirds of the registered projects that reported their progress rates to the agency have actually entered the operational phase or are on their way to realization.
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Algeria - The eighth edition of the Algerian Products and Services Exhibition concluded today, Monday, in Nouakchott (Mauritania) with the signing of 70 agreements in the fields of trade, services, and export, according to a statement from the Ministry of Foreign Trade and Promotion of Exports.
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The President of the Algerian Confederation of Employers-Citizens, Souheil Qssoum, revealed on Monday that Algeria has recorded about 21,000 investment projects with a total value of nearly $70 billion since the new investment law came into effect in 2022, confirming that these indicators reflect a real improvement in the business climate and support economic growth that has exceeded 3%, with a target to raise it to more than 5% during the next phase. Qssoum explained, during his appearance on the 'Guest of the Morning' program on Algeria's first radio channel, that the national economy is witnessing increasing activity driven by reforms related to investment, export, and diversifying sources of income away from hydrocarbons. Watch the full content on Echourouk.
echoroukonline.com
The President of the Algerian Confederation of Employers-Citizens, Souheil Kessoum, revealed on Monday that Algeria has recorded about 21,000 investment projects with a total value of nearly 70 billion dollars since the new investment law came into effect in 2022, confirming that these indicators reflect a real improvement in the business climate and support economic growth that has exceeded 3 percent, with a target to raise it to more than 5 percent during the next phase. Kessoum explained, during his appearance on the 'Guest of the Morning' program on the first channel of Algerian Radio, that the national economy is witnessing increasing activity driven by reforms related to investment, export, and diversifying income sources away from hydrocarbons. Watch the full content on Echourouk.
echoroukonline.com
The Minister of Pharmaceutical Industry, Wassim Gouidri, received the Spanish Ambassador to Algeria, Ramiro Fernández Bachiller, where both parties discussed ways to enhance cooperation and bilateral partnership in the pharmaceutical industry. A statement from the ministry on Monday indicated that the meeting provided an opportunity to discuss ways to strengthen bilateral cooperation between Algeria and Spain in the pharmaceutical industry, particularly by encouraging the exchange of expertise and knowledge and developing partnerships between economic operators and investors in both countries. Read the full content on Echourouk Online.
echoroukonline.com
The Secretary General of the Ministry of Fuels, Miloud Majeld, met today, Monday, May 11, with a high-level delegation from the Federal Republic of Germany to discuss ways to enhance bilateral cooperation and develop mutually beneficial partnerships in the fields of energy and fuels. According to the Ministry of Fuels, Majeld received the German delegation at the ministry's headquarters, led by Oliver Rentschler, the Director General in charge of Geo-economics at the German Federal Foreign Office, which includes officials from the German Foreign Ministry and the Ministry of Economy, along with several officials and representatives of major German energy and industrial institutions, such as 'Bosch', 'Siemens', and 'VNG', among others. View the full content on Echourouk Online.
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25 products are participating in the national exhibition of the sector in Constantine.
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