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Economy Dz aliqtissad dz Algeria economy news
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Economy Dz aliqtissad dz Algeria economy news

The economy of Algeria news

Eighty preliminary partnership agreements in the fields of investment and export were signed during the eighth edition of the International Salon for Investment in Industry, Construction, Energy, Logistics, and Export 'Algeria Invest Expo', which concluded this Sunday at the 'Mohamed Ben Ahmed' Conference Center in Oran. The salon's governor, Ahmed Hniche, stated in a statement to (APS) that these agreements were signed between national operators, from public and private institutions, and their foreign counterparts, covering several sectors, particularly the export of various products to African countries, including construction materials, electrical and household appliances, and services.

The General Union of Algerian Traders and Artisans (UGCAA) confirmed in its analysis that silica has transformed from a traditional raw material supplier to a strategic element in advanced technological industries, including optical fibers, electronic chips, and high-performance solar glass, as Algeria aims to enhance its position in global value chains. The analysis explained that this transformation is part of the process of ending the model of exporting raw materials in their primary form and transitioning to a processing economy led by SONAREM, with a focus on raising the quality of silica to purity levels exceeding 99.5%, allowing its use in high-value industries and significantly multiplying the economic value per ton.

Energy and Renewable Energies Minister, Mourad Ajjal, confirmed today, Sunday, March 29, during his meeting with the Secretary General of the African Petroleum Producers Organization, Farid Ghazali, that Algeria is qualified to capture a significant share of the energy market in Africa. According to a statement from the ministry, Ajjal reviewed during his meeting with Ghazali, who was recently appointed to head this organization, the main points of the roadmap that the organization will adopt in the coming period to enhance African/African cooperation, especially regarding efforts to ensure regional market sufficiency, a strategy that requires the participation of all energy stakeholders in Algeria, particularly the energy and renewable energies sector. Watch the full content on...

The Minister of Energy and Renewable Energies, Mourad Ajal, received today, Sunday in Algiers, the Secretary General of the African Petroleum Producers Organization, Fred.

The Algerian Minister of Energy and Renewable Energies, Mourad Adjall, discussed today, Sunday, with the Secretary-General of the African Petroleum Producers Organization, Farid Ghazali, the main points of the roadmap that the organization will adopt in the coming period to enhance African-African cooperation, particularly regarding efforts to ensure the sufficiency of the regional market.

Algeria - The Minister of Energy and Renewable Energies, Mourad Ajjal, received today, Sunday, in Algiers, the Secretary General of the African Petroleum Producers Organization, Farid Ghazali, where the two sides discussed prospects for bilateral cooperation, according to a statement from the ministry.

The Minister of Energy and Renewable Energies, Mourad Ajal, received this Sunday in Algiers the Secretary General of the African Petroleum Producers Organization, Farid Ghazali, where both sides discussed prospects for bilateral cooperation, according to a statement from the ministry.

Data monitored by the specialized energy platform showed that Algeria has significant coal reserves that could reach about 245.82 million tons by 2023, compared to about 65 million tons according to 2016 estimates, reflecting a disparity in figures and indicating greater geological potential that remains commercially unexploited. According to the same data, the coal sector in Algeria does not witness actual production activity, as the quantities produced remain almost nonexistent, while coal consumption remains very limited compared to the wide reliance on oil and gas in the national energy mix, with limited imports to meet some industrial uses. Read the full content on الشروق أونلاين.

The Secretary General of the African Petroleum Producers Organization, Farid Ghazali, has begun a working visit to Algeria as part of his participation in the eighth seminar activities.

Today, Sunday, the talks regarding the reform of the World Trade Organization conclude with no results in sight.
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