Latest updates from the Algerian business ecosystem
U.S. President Donald Trump announced on Friday that he does not intend to seek Congress's approval to continue any military action against Iran, following the expiration of the 60-day period granted to him by the Constitution to launch military operations without obtaining authorization from lawmakers.
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Oil prices fell during Friday's trading, achieving gains on a weekly basis.
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In line with the directives of the Minister of Interior, Local Communities, and Transport, Mr. Saïd Sayoud, particularly those given during the last meeting with the governors of the republic, operations for the start of the harvest and threshing season for 2026 are continuing across several provinces of the country, in a well-organized atmosphere aimed at ensuring the collection of strategic crops under the best conditions.
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The public transport company for urban and suburban transport of Algiers and its surroundings, 'Ittouza', announced the opening of thirty new lines.
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Today, a delegation from the parliamentary friendship group 'Italy - Algeria' led by its president Andrea Mascaretti arrived in Algeria on an official visit, according to a statement from the National People's Assembly.
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The National Railway Transport Company signed a partnership agreement with the National Company for the Construction of Railway Equipment and Materials to supply it with 800 specialized wagons for transporting phosphate of all types via the eastern mining line, which will increase transport capacity to 13.6 million tons annually. According to a statement from the company, this agreement is part of the ongoing preparations for the operation of the eastern mining line extending from Djebel El Anq, passing through Blad El Hadba and Tebessa, reaching Annaba. It aims to enhance the logistics transport system, especially in the field of transporting mineral materials, thereby supporting the effectiveness of supply chains related to the sector. Read the full content on Echourouk Online.
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The Secretariat of the African Oil Producers Organization has renewed its support and solidarity with the Organization of the Petroleum Exporting Countries (OPEC), calling on member countries, especially those also part of the organization, to enhance their commitment to stabilizing the global oil market and maintaining cohesion, trust, and effective engagement within it. The organization stated in a press release that it has studied the state of the global oil market, which is characterized by geopolitical uncertainty, along with structural transformations in the energy sector and their implications for the economies of member countries, necessitating enhanced coordination among producers. Read the full content on Echourouk Online.
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The twenty-eighth edition of the International Exhibition for Construction, Building Materials, and Public Works 'Batimatec 2026' will be held from May 3 to 7, with extensive national and international participation including public and private companies alongside foreign institutions representing 15 countries, as well as 40 startups operating in various sectors of the industry, according to a statement from the organizers. This event is held under the auspices of the Ministry of Housing, Urban Planning, and City Management, and will witness significant attendance from economic operators from countries including China, Turkey, Italy, Spain, and Portugal, as part of enhancing exchange and expertise in the construction and public works sector. View the full content on Echourouk Online.
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The Algerian brand “Braza Olive” belonging to “Domaine Oliécule Bessai” won the award for Best Organic Extra Virgin Olive Oil in Algeria for the second consecutive year during the international competition “Biol International Prize” in its 2026 edition dedicated to extra virgin olive oil. This recognition enhances the presence of Algerian products in international competitions for olive oil quality and confirms the brand's continued success in achieving outstanding results globally. Read the full content on Echourouk Online.
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The meteorological services reported today, Saturday, significant thunderstorms locally across several provinces of the country, with weather fluctuations extending until dawn tomorrow, Sunday.
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