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Latest updates from the Algerian business ecosystem

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Germany's budget deficit reaches higher than expected level in 2025

Germany's budget deficit reaches higher than expected level in 2025

Germany's public finance deficit in 2025 recorded a level higher than initial estimates, according to the Federal Statistical Office in Wiesbaden, announced today, Wednesday. The office clarified that the general budget deficit – which includes the budgets of the federal government, states, municipalities, and social security systems – reached 2.7 percent of GDP, compared to a previous initial estimate of …

Feb 25, 2026al24news.dz
The Algerian Prime Minister oversees the appointment of Mohamed Lamine Labo as Governor of the Bank of Algeria

The Algerian Prime Minister oversees the appointment of Mohamed Lamine Labo as Governor of the Bank of Algeria

The Algerian Prime Minister, Saïf Ghareb, today Wednesday in Algiers, oversaw the appointment of the Governor of the Bank of Algeria, Mohamed Lamine Labo, who was appointed by the Algerian President, Abdelmadjid Tebboune, last Monday to this position. The appointment ceremony was attended by the Minister of Finance, Abdel Karim Boualzerd, the former acting Governor of the Bank of Algeria, Moctar Boudeiaf, and directors of financial institutions along with several senior officials. On this occasion, …

Feb 25, 2026al24news.dz
The National Union of Algerian Farmers Appreciates the President's Instructions to Establish Cooperatives for Renting Agricultural Equipment

The National Union of Algerian Farmers Appreciates the President's Instructions to Establish Cooperatives for Renting Agricultural Equipment

Algeria - The National Union of Algerian Farmers has praised the instructions given by the President, Mr. Abdelmadjid Tebboune, during the Council of Ministers meeting he chaired last Monday, which calls for the establishment of agricultural cooperatives under the 'Agrodiv' group to manage the rental of various agricultural machinery, along with expediting the preparation of a specific law to regulate the work of these cooperatives.

Feb 25, 2026aps.dz
Yaisi: Algeria has all the components for competitive investment in green hydrogen

Yaisi: Algeria has all the components for competitive investment in green hydrogen

The General Director of the Algerian Green Energy Group, Dr. Boukhalfa Yaisi, confirmed that Algeria is gradually moving towards a transition from being a consumer and exporter of fossil fuels to relying on renewable energies, with green hydrogen at the forefront, which will be the foundation of this transition, both to meet national demand and for export abroad, especially to Europe.

Feb 25, 2026radioalgerie.dz
Algerian Agency for Investment Promotion: Exploring Ways to Enhance Algerian-Belgian Economic Cooperation

Algerian Agency for Investment Promotion: Exploring Ways to Enhance Algerian-Belgian Economic Cooperation

The Director General of the Algerian Agency for Investment Promotion, Omar Rekach, received this Wednesday the Ambassador of Belgium to Algeria, Jacques Kiriak, with whom he discussed ways to develop bilateral investments and encourage the establishment of partnerships in priority sectors for both countries, according to a statement from the agency. During this meeting held at the agency's headquarters, both sides emphasized the importance of intensifying communication between economic operators and institutions in both countries, and working to establish coordination mechanisms to organize business meetings and joint economic forums that allow for exploring investment and partnership opportunities.

Feb 25, 2026radioalgerie.dz

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