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Manufacturing & Industry
AL24 | الاقتصاد

Algerian Prime Minister Oversees Launch of Metal Parts Production Factory in Batna

Algerian Prime Minister, Aïmene Benabderrahmane, today Wednesday in Batna, oversaw the launch of a project for a factory producing metal parts and components through molding, as part of his visit to this province on the instructions of President Tebboune. After listening to a detailed presentation about this project belonging to the Eastern Maintenance Company, a subsidiary of the Algerian Cement Industrial Group 'GICA', the Prime Minister clarified that this investment is part of the state's efforts to revive national industry and enhance integration in the vehicle manufacturing sector. This project, located in the industrial zone of Ghrama, is a recovered asset in the context of implementing the instructions of the President of the Republic regarding the rehabilitation and revival of industrial assets.

Apr 29, 2026al24news.dz
Regulatory & Legal
Executive decrees to enhance the one-stop shop and facilitate investment issued in the official gazette

Executive decrees to enhance the one-stop shop and facilitate investment issued in the official gazette

Algeria - Three executive decrees aimed at facilitating investment procedures in Algeria were published in issue 31 of the official gazette, by expanding the powers of the one-stop shop, simplifying the procedures for obtaining economic property, and redefining the composition of the National Investment Council, as part of enhancing the business climate, according to a statement from the Algerian Agency for Investment Promotion today, Saturday.

May 2, 2026aps.dz
Manufacturing & Industry
Chlef Cement Plant Aims to Export Surplus to European Countries

Chlef Cement Plant Aims to Export Surplus to European Countries

The CEO of the Chlef Cement and Derivatives Group, Kaddah Dinar, revealed the company's ambition to dominate local markets and enhance its presence in global markets by exporting surplus to European countries, while working to increase the plant's production capacity to about 4 million tons annually, in response to rising demand. The official stated, in a statement to 'Echorouk' on Saturday, that the company expects to maintain last year's production level, which exceeded 3.3 million tons, distributed between 1.8 million tons of clinker and 1.5 million tons of cement of various types, including 52.5 cement designated for major projects such as bridges, ports, and skyscrapers, in addition to salt-resistant cement.

May 2, 2026echoroukonline.com
Manufacturing & Industry
Increase in the capacity of the Port of Algiers by 6000 containers

Increase in the capacity of the Port of Algiers by 6000 containers

The work program initiated by the Port of Algiers to improve the quality of services provided is experiencing a 'great dynamism', in line with the strategy of public authorities aimed at modernizing the maritime transport sector, according to the general manager of the port authority, Abdelhamid Boualam, on Saturday. Boualam explained in a statement to the press following a memorial for the Algerian workers who were martyred on May 2, 1962, after the terrorist bombing carried out by the French Secret Army Organization, that 'the ambitious work program that the authority has been implementing for about a year and a half is experiencing great dynamism, both in terms of renewing infrastructure and activating shipping operations.' In a related context, the general manager added...

May 2, 2026echoroukonline.com
Energy & Hydrocarbons
OPEC+ Holds Important Meeting with Minister Arqab

OPEC+ Holds Important Meeting with Minister Arqab

The Minister of State, Minister of Energy, Mohamed Arqab, will participate tomorrow, Sunday, May 3, via videoconference, in the coordination meeting of the Group of Seven within the framework of OPEC+, according to the Ministry of Energy. According to the same source, the meeting, which will include Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia, comes as part of the regular monitoring of the global oil market situation and enhancing coordination among the seven countries participating in the cooperation declaration (OPEC+), which implements voluntary adjustments in their production levels. Read the full content on Echourouk Online.

May 2, 2026echoroukonline.com
Regulatory & Legal
These new methods for paying corporate tax to finance municipalities!

These new methods for paying corporate tax to finance municipalities!

The tax authorities have redefined the rules for settling the local solidarity tax, which is paid by companies to finance municipalities, imposing a strict payment deadline of February 20 each year. In return, the system now allows either the application of penalties for late payment or the refund of surpluses in case amounts exceeding the actual dues are paid, in a balance between strictness and flexibility. In this context, the General Directorate of Taxes, under instruction number 24/2026, issued on April 20, 2026, ordered the implementation of new amendments regarding the settlement method of the local solidarity tax, within the framework of the provisions of the 2026 finance law, by redefining some payment procedures related to the advance system. And it was directed...

May 2, 2026echoroukonline.com
Regulatory & Legal
Tightening Control Over Funds.. Additional Measures to Exit the FATF 'Grey List'

Tightening Control Over Funds.. Additional Measures to Exit the FATF 'Grey List'

The National Chamber of Auditors has begun an unprecedented transformation in the auditing profession through a national training program that attracted 700 professionals distributed across 22 centers in 16 provinces, in a step to unify practices and enhance efficiency, and also to facilitate Algeria's exit from the grey list of the Financial Action Task Force (FATF). This process is accompanied by the integration of international compliance standards, especially recommendations to combat money laundering, which redefines the role of auditors as a player in the transparency system and economic protection. Focus on combating money laundering and terrorist financing and reviewing the legal framework of the profession. Read the full content on Echourouk Online.

May 2, 2026echoroukonline.com

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