Latest updates from the Algerian business ecosystem
The Minister of Tourism and Traditional Industry, Ms. Houria Medahi, received the head of the Italian-Algerian Friendship Parliamentary Group, Mr. Andrea Mascaretti, and his accompanying delegation, where both sides discussed ways to enhance bilateral cooperation in the tourism sector, according to a statement issued today, Tuesday.
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Youssef Ghazi, President of the Algerian-Mauritanian Business Council, announced that the volume of trade exchanges between Algeria and Mauritania reached about 500 million dollars, a figure he considered below expectations compared to the available potential of both countries, despite a noticeable increase in recent years after it was less than 50 million dollars.
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The Minister of State, Minister of Energy, Mohamed Arqab, discussed with the European Commissioner for Mediterranean Affairs, Dubravka Šuica, ways to enhance the energy partnership between Algeria and the European Union, focusing on developing cooperation in the hydrocarbons sector and expanding its scope to include modern technology and energy transition. The meeting held yesterday evening was an opportunity to review the reality of bilateral relations and their prospects within the framework of strategic dialogue between the two sides, emphasizing the importance of intensifying the exchange of experiences and organizing regular technical meetings among experts to enhance mutual understanding of issues of common interest. Read the full content on Echourouk Online.
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Yesterday, Monday, the sale of imported sacrificial animals for Eid began at six approved sales points, as part of a program aimed at ensuring the market is supplied with sacrificial animals at reasonable prices and alleviating pressure on demand, according to a well-organized plan that takes into account administrative, security, and health aspects. This operation is part of the efforts of public authorities to implement the instructions of President Abdelmadjid Tebboune, by mobilizing various human and material resources to ensure the smooth running of the process, while providing suitable organizational conditions at the distributed sales points to avoid overcrowding. Read the full content on Echourouk Online.
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Today, Tuesday, the eighth edition of the Algerian Products and Services Exhibition in Nouakchott opens, with a record participation of more than 350 Algerian companies operating in various sectors, in a move aimed at enhancing the presence of national products in the Mauritanian market and supporting exports outside hydrocarbons. The Ministry of Foreign Trade and Promotion of Exports stated in a statement that the field preparations were carried out at a rapid pace, by preparing exhibition halls according to modern organizational standards, in addition to programming bilateral business meetings between economic operators and specialized economic seminars to discuss investment opportunities and explore new areas for bilateral partnership. Read the full content on Echourouk Online.
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The National Agency for the Promotion and Rationalization of Energy Use (APRUE) has signed a cooperation agreement with the industrial group specialized in electrical industries 'GSP Electric', aimed at enhancing energy consumption rationalization and improving energy efficiency in the industrial sector. This partnership aims to develop practical projects in the field of energy auditing within industrial units, contributing to the reduction of electrical energy consumption and supporting the national energy transition process, within the framework of the strategic vision aimed at achieving a balanced energy mix and rationalizing consumption at the level of industrial areas and the national industrial fabric. Read the full content on Echourouk Online.
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The Minister of Internal Trade and National Market Regulation, Amel Abdel Latif, presented a report to the Economic and Financial Affairs Committee of the Council of the Nation regarding a draft law amending and supplementing Law No. 04-08 related to the conditions for practicing commercial activities, as part of reforms aimed at enhancing transparency and protecting the national economy. The project was presented yesterday, Monday, during a session chaired by Nour Eddine Taj, in the presence of the Minister of Relations with Parliament, Najiba Djilali, where the minister confirmed that the new text is part of a comprehensive reform path pursued by the state under the directives of the President of the Republic, aimed at building a modern and diversified economy capable of adapting to rapid economic transformations. Watch the full content on Echourouk Online.
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The Arab African Center for Investment and Development (CAAID) announced today, Monday, in a statement, the organization of the 'Africa Investment and Trade Forum' in its twelfth edition, on May 9 and 10 in Algiers, under the slogan 'Together we open markets', with high-level participation from economic actors and financial and developmental institutions from around the world. This continental event is organized in the context of enhancing dynamics […]
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Economy DZD aliqtissad dz Algeria economy news
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The economy of Algeria news
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The Algerian Minister of State, Minister of Energy, Mohamed Arkab, is participating today, Sunday, via video conferencing, in the coordination meeting of the Group of Seven within the framework of the OPEC+ alliance, which includes Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia. According to a statement from the Algerian Ministry of Energy, this meeting comes as part of the regular follow-up on the global oil market situation and to enhance coordination among the seven countries participating in the OPEC+ cooperation declaration, which implements voluntary adjustments in their production levels. During this meeting, the ministers will engage in an in-depth exchange on the short-term prospects of the oil market, in light of the developments in supply and demand fundamentals.
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Algeria - The Minister of State, Minister of Energy, Mohamed Arqab, received today, Monday, in Algiers, the European Commissioner for Mediterranean Affairs, Dubravka Šuica, where they discussed the reality and prospects of relations between Algeria and the European Union, and ways to enhance them within the framework of strategic dialogue between the two sides, according to a statement from the ministry.
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