Latest updates from the Algerian business ecosystem
Algeria - Today, Tuesday, in Algiers, the Minister of State, Minister of Energy, Mohamed Arqab, received the Deputy Foreign Minister in charge of economic affairs and special envoy of the Foreign Minister of the Republic of Korea, Park Yong-han, where they discussed ways to enhance cooperation between the two countries, according to a statement from the ministry.
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Algeria - Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, spoke with the Jordanian Minister of Energy and Mineral Resources, Saleh Ali Hamid Al-Kharabsheh, where the two sides discussed ways to enhance bilateral cooperation in the field of hydrocarbons, according to a statement from the ministry.
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Algeria - The National Agency for the Valorization of Hydrocarbon Resources (ALNFO), in a statement today Tuesday, announced the granting of an exploration license in Algeria to British Petroleum (BP), in the eastern basin.
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Algeria - The National Agency for the Valorization of Hydrocarbon Resources (Alnaft) announced in a statement today, Tuesday, the granting of a license for exploration in Algeria to 'British Petroleum' (BP), in the eastern basin.
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Algeria - The Algerian Agency for Investment Promotion held a working meeting today, Tuesday, via remote conferencing with the 'Invest in Oman' pavilion, as part of efforts to strengthen partnership and exchange experiences in the field of investment promotion and support, according to a statement from the agency.
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The Ministry of Public Works and Infrastructure has mobilized significant material and human resources across various provinces affected by recent weather fluctuations, to ensure the safety of road users and the continuity of transportation and movement across various road networks, according to a statement issued by the ministry today, Tuesday.
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Today, Tuesday, in Algiers, the Minister of State, Minister of Hydrocarbons, Mohamed Arqab, received the Deputy Minister of Foreign Affairs in charge of economic affairs and special envoy of the Minister of Foreign Affairs of the Republic of Korea, Park Yong-han, where ways to enhance cooperation between the two countries were discussed, according to a statement from the ministry.
radioalgerie.dz
The Draria-Wadi Kabrit section of the Eastern Mining Line project linking the provinces of Annaba and Tebessa is nearing its final stages, thanks to comprehensive field mobilization to accelerate the pace of work, according to a statement from the Ministry of Public Works and Basic Infrastructure on Tuesday.
radioalgerie.dz
The Ministry of Foreign Trade and Export Promotion announced the reopening of the digital platform for importing raw materials and necessary production equipment during the period from April 14 to 30, with the aim of processing supplementary requests under specific conditions. A statement from the ministry clarified that this period will be dedicated to studying requests accompanied by supporting documents in 'PDF' format, which are related to cases of force majeure, such as floods, fires, exceptional incidents, and technical malfunctions, in addition to cases of increased production lines or capacities, or signing new export contracts, emphasizing that all requests not compliant with these cases will be automatically rejected.
echoroukonline.com
The Food and Agriculture Organization (FAO) warned that the ongoing crisis in the Strait of Hormuz could lead to catastrophic consequences for the global food and agriculture sector, due to disruptions in fertilizer and energy exports, rising food prices, and declining crop yields. The organization stated yesterday, Monday, that any disruption in the flow of supplies through the vital strait would directly impact agricultural and food supply chains by affecting fertilizer flows and energy sources, which could lead to increased agricultural production costs globally and higher food prices in international markets. Read the full content on Echourouk Online.
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The Algerian Desert Blend crude recorded an increase of 41.6% during March 2026, reaching $104.24 per barrel compared to $73.59 in February, amid a strong collective rise in the prices of Arab crude oils. According to a report issued by OPEC yesterday, global oil markets witnessed a significant jump in prices during the same month, with the average price of the OPEC basket rising by 71% to $116.36 per barrel, compared to $67.90 in the previous month, driven by escalating tensions related to the Iranian war and the accompanying disturbances in the Strait of Hormuz. Watch the full content on Echourouk Online.
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On Tuesday, the General Directorate of Taxes signed two cooperation agreements with both the National Gendarmerie and the Central Office for the Suppression of Corruption, as part of enhancing coordination between the bodies responsible for combating economic and financial crime, money laundering, and terrorism financing, and supporting efforts to protect the national economy and establish transparency. According to a statement from the directorate, the signing ceremony was supervised by Finance Minister Abdel Karim Boualzerd, Justice Minister Hafidh Al-Akhtam Lotfi Boujemaa, and the Secretary General of the Ministry of National Defense, Major General Mohamed Salah Ben Beicha, in the presence of the National Gendarmerie Commander, Major General Broman Sid Ahmed, at the Ministry of Finance headquarters. Watch the full content on Echourouk Online.
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