Latest updates from the Algerian business ecosystem
The Japanese government announced today, Saturday, that it will release additional quantities from its national oil reserves starting May 1, continuing a process that began last month, in an attempt to contain the repercussions of the war in the Middle East and the closure of the Strait of Hormuz, and to ensure supply stability.
al24news.dz
The Minister of Energy and Renewable Energies, Mourad Ajjal, called for accelerating the pace of the cooperation project between SONELGAZ and the 'VTP' company in Blida, with the launch of the qualification process for the company's equipment by SONELGAZ-Services, in a step aimed at supporting local production and enhancing access for Algerian products to African markets. The minister's statements came during his reception on Thursday of a delegation of officials from the company specialized in manufacturing tempered glass insulators for electricity transmission and distribution networks, led by General Director Mohamed Ranja, in the presence of ministry officials, as part of implementing the directives of President Abdelmadjid Tebboune calling for support for local manufacturers and investors.
echoroukonline.com
The Minister of Water, Lounes Bouzegza, launched a project to supply the integrated phosphate extraction complex in El Hadba, Tebessa, with industrial water, with a supply capacity estimated at about 3 million cubic meters annually, with directives to reduce the completion period from 12 to 9 months by strengthening work sites, due to its strategic importance in supporting investment. The minister explained yesterday, Friday, that the project involves transporting water over a distance of up to 150 kilometers starting from the municipality of Firkan, as part of enhancing water capacities directed towards major projects and supporting the infrastructure related to the industrial sector. Watch the full content on Echourouk Online.
echoroukonline.com
Algeria ranked third in the list of the most prosperous countries in Africa for 2026, according to the 'HelloSafe' index, which awarded it 54.24 points, behind Seychelles in first place with 98.09 points and Mauritius with 77.09 points, based on criteria including GDP, national income, human development index, income distribution, and poverty levels. Algeria's ranking reflects its economic position supported by its large hydrocarbon resources, which are a fundamental pillar for government spending and social programs, contributing to a relative reduction in income disparity, despite ongoing challenges in diversifying the economy and reducing dependence on oil and gas revenues. Read the full content on الشروق أونلا...
echoroukonline.com
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Tarf - The Minister of Water Resources, Lounes Bouzegza, emphasized this evening, Friday, the 'necessity of optimal exploitation of the water resources of the border state of Tarf.'
aps.dz
The Minister of Water Resources, Lounes Bouzegza, emphasized this Friday evening the "need for optimal utilization of the border province of Tarf's water resources." During his visit to the province, while inspecting the Makssa dam in the municipality of Bougous, the minister highlighted that "the province has witnessed an increase in water stock in the Chafiya, Bougous, and Makssa dams following the rainfall this year," which he believes represents an additional support for the province's water resources that requires optimal utilization.
radioalgerie.dz
The project received a visit from an important official delegation today, Friday.
elkhabar.com
The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, chaired a national meeting that brought together the heads of fishing and aquaculture chambers yesterday, Thursday, according to a statement from the ministry today, Friday. The meeting was dedicated to listening to the concerns raised by professional representatives and discussing proposed solutions and measures to support wealth creators and improve the investment climate. The statement highlighted the strategic importance of the fishing sector.
echaab.dz
The Minister of Water Resources, Lounes Bouzegza, launched the project to supply the integrated phosphate extraction complex in El Hadba with industrial water, as part of supporting strategic projects and enhancing water capacities directed towards investment, on Friday, in the municipality of Firkan in Tebessa.
echaab.dz
Today, Friday, the Exhibition of Algerian Services and Products for Export was inaugurated in Tindouf, under the slogan 'Tindouf, the Gateway to Export to West African Countries', with wide participation from economic operators and representatives from African countries. In this context, the Director of Export Support Mechanisms at the Ministry of Foreign Trade and Export Promotion, Abdel Latif El-Houari, confirmed that this event represents a renewed economic appointment that consolidates Algeria's direction towards […]
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