Latest updates from the Algerian business ecosystem
The President of the Republic, Mr. Abdelmadjid Tebboune, confirmed on Wednesday evening in Berlin that Algeria has partnerships with the Federal Republic of Germany in several sectors, making it a leader in important and strategic fields.
The company 'Alliance Assurances' achieved growth in its activity during the second quarter of 2026, with its revenue rising to 1.578 billion dinars, compared to 1.424 billion dinars during the same period in 2025, marking an increase of 11 percent. The company stated in a report on its activity indicators for the period from April 1 to June 30, 2026, that the automobile insurance branch continued to lead growth, with its revenue increasing by 15 percent to reach 1.216 billion dinars, while the transport insurance branch also recorded growth of 15 percent, achieving 61.78 million dinars. In contrast, the fire and various risks insurance branch (IARD) experienced a decline of 2 percent, settling at 221.06 million...
The Ministry of Finance confirmed that showing the value-added tax in the invoices of judicial officers' fees is subject to the tax system for each officer, specifying the responsibility of the spending authorities to verify this, with the aim of unifying budgetary control procedures and ending the disparity among budget controllers. In this context, the Ministry of Finance, represented by the General Directorate of Budget, resolved the debate that existed among budget controllers regarding how to process the commitment files for the expenses related to judicial officers' fees, after noting a disparity in granting legal approvals for these files, especially concerning the display of the value-added tax in the memoranda or invoices of the fees. The resolution in accounting...
The services of the Wilaya of Bejaia confirmed today, Wednesday, that all measures have been taken to ensure the progress of the zinc and lead mine exploitation project located between the municipalities of Amizour and Tala Hamza. The same services clarified that the wali of the wilaya, Kamal Eddine Karbouche, conducted a field visit to the project site today, aiming to assess the progress of the ongoing preparation works and to take all necessary measures to ensure the advancement of this project.
Khalil Hedna, Director of Communication at the Ministry of Energy and Renewable Energies, confirmed that the technical malfunction affecting the electrical facility in Sidi Akba (Biskra Province) is an 'exceptional incident' that has been controlled in a short time, adding that the situation is currently stable. Hedna explained, in a statement to (APS) today, Wednesday, that the malfunction affecting this facility is mainly due to the increase in energy consumption to […]
Béjaïa - The services of the Wilaya of Béjaïa confirmed today, Wednesday, that all measures have been taken to ensure the progress of the zinc and lead mine exploitation project located between the municipalities of Amizour and Tala Hamza.
Algeria - Khalil Hedna, the Director of Information at the Ministry of Energy and Renewable Energies, confirmed today, Wednesday, that the technical malfunction affecting the electrical facility in Sidi Akba (Biskra Province) is an 'exceptional incident' that was managed in a short time, adding that the situation is currently stable.
Algeria - Today, Wednesday, the Minister of Water Resources, Lounes Bouzguza, chaired the works of the ordinary general assembly of the Irrigation Studies and Achievements Group, which was dedicated to approving the social accounts of the group for the fiscal year 2025 and reviewing the financial and technical results and evaluating performance indicators, according to a statement from the ministry.
The 'Ayrad' company, active in information technology, software engineering, and digital services development, was listed this Wednesday on the Algeria Stock Exchange, becoming the first company from the technology sector to join the stock market, after demand for its shares exceeded the available quantity by 38.4%.
The Prime Minister, Mr. Sifi Gharib, confirmed that restoring the electrical network in a 'short time' after the outage that affected several provinces of the country is a 'pride for the Algerian electrical industry'. In a press statement made during his visit to the control center of the national electricity network in Algiers to oversee the process of restoring the electrical network after the technical malfunction that affected the electrical facility 'Sidi Akba' in Biskra, Mr. Gharib considered that 'restoring the electrical network in a short time is a pride for the electrical industry in Algeria'.
Khalil Hadna, the Director of Information at the Ministry of Energy and Renewable Energies, confirmed this Wednesday that the technical malfunction affecting the electrical facility in Sidi Akba (Biskra Province) was an 'exceptional incident' that was managed in a short time, adding that the situation is currently stable.
The Minister of Agriculture, Rural Development and Fisheries, Yacine Walid, chaired a meeting today, Wednesday, in Algiers, with officials from the forestry sector at both central and local levels, to follow up on the development of the forest fire situation across various provinces of the country and to listen to the field concerns of forestry agents, according to a statement from the ministry.
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