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Local Development Bank: Increase in financing value to over 1400 billion DZD by 2025

Local Development Bank: Increase in financing value to over 1400 billion DZD by 2025

The total loans granted by the Local Development Bank in 2025 exceeded 1400 billion DZD, with a notable development in Islamic banking activities, according to the bank's director general, Mohamed Mebarek. Mr. Mebarek explained to /APS that the value of loans granted surpassed 1400 billion DZD during the past year, marking an increase of 186 billion DZD compared to 2024, which reflects, as he said, 'the expansion of financing activities and support for investment in various sectors.'

Apr 15, 2026radioalgerie.dz
Algiers Province: Coordinating Meeting to Enhance Supply of the National Market through Integrated Digital Solutions

Algiers Province: Coordinating Meeting to Enhance Supply of the National Market through Integrated Digital Solutions

The minister, governor of Algiers Province, Mohamed Abdel Nour Rabhi, along with the Minister of Digitalization, Mariem Ben Mouloud, and the Minister of Postal and Telecommunications, Sid Ali Zerouki, presided over a coordinating meeting aimed at enhancing the supply of the national market through integrated digital solutions, according to a statement from the province's services this Wednesday.

Apr 15, 2026radioalgerie.dz
Algeria Among the Cheapest Countries Globally in Electricity Prices

Algeria Among the Cheapest Countries Globally in Electricity Prices

Data from the specialized energy platform shows that Algeria records about $0.041 per kilowatt-hour, placing it among the low-cost countries globally and enhancing its ability to maintain price stability internally despite fluctuations in energy markets. According to the same database, Iran tops the list of the cheapest electricity prices globally at $0.002/kWh, followed by Ethiopia at $0.006, then Libya at $0.008, and Kyrgyzstan at $0.010, while prices in other countries such as Angola ($0.012), Sudan ($0.014), Bhutan ($0.015), Syria ($0.018), and Egypt ($0.024) range up to Kazakhstan ($0.035), Uzbekistan ($0.038), and Iraq ($0.040), before Algeria.

Apr 15, 2026echoroukonline.com
Algeria Among the Least Expensive Countries Globally in Electricity Prices

Algeria Among the Least Expensive Countries Globally in Electricity Prices

Data from the specialized energy platform shows that Algeria records about $0.041 per kWh, placing it among the low-cost countries globally and enhancing its ability to maintain price stability internally despite fluctuations in energy markets. According to the same database, Iran tops the list of the cheapest electricity prices globally at $0.002 per kWh, followed by Ethiopia at $0.006, then Libya at $0.008, and Kyrgyzstan at $0.010, while prices in other countries such as Angola ($0.012), Sudan ($0.014), Bhutan ($0.015), Syria ($0.018), and Egypt ($0.024) range up to Kazakhstan ($0.035), Uzbekistan ($0.038), and Iraq ($0.040), before Algeria.

Apr 15, 2026echoroukonline.com

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