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Latest updates from the Algerian business ecosystem

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Algerian crude in Poland's calculations.. Is the deal approaching?

Algerian crude in Poland's calculations.. Is the deal approaching?

The Polish energy company 'Orlen' is moving towards purchasing a shipment of Algerian crude for delivery in October 2026, as part of a tender issued by the company to seek alternatives to Saudi supplies affected by attacks on the main oil export pipeline to the Red Sea, according to trade sources cited by Reuters. According to the agency's report, 'Orlen' is also looking for North Sea crude in the same tender, while another tender has been issued for Guyana crude for delivery in November, with the results of these tenders not yet available at the time of Reuters' report. View the full content on Echourouk Online.

Sep 16, 2026echoroukonline.com
Bangladesh seeks to import 10 LNG shipments from Algeria annually

Bangladesh seeks to import 10 LNG shipments from Algeria annually

Bangladesh is seeking to finalize an agreement with Algeria to import 10 shipments of liquefied natural gas annually, as part of its efforts to diversify its energy supply sources, according to the specialized platform 'Energy'. The platform reported that the Bangladeshi side has expressed a clear desire to obtain 10 annual shipments of Algerian LNG, under a short-term contract, while negotiations regarding prices, delivery dates, and supply conditions continue.

Sep 16, 2026echoroukonline.com
Foreign trade: Algerian exports to Africa soar by over 100%

Foreign trade: Algerian exports to Africa soar by over 100%

According to the Italian economic media, based on data communicated by Ali Bey Nasri, vice-president of the National Association of Algerian Exporters (ANEXAL), Algerian sales of non-hydrocarbon products to Africa rose from about 1.38 billion euros in the first half of 2025 to nearly 2.77 billion euros in the first six months of 2026. At this rate, exports could reach 6.46 billion euros, or about 7 billion dollars, by the end of the year, an unprecedented level for Algerian non-hydrocarbon exports to the continent.

Sep 16, 2026ecotimesdz.com
Joint Industrial and Investment Projects are the Focus of Algeria-Belarus Talks

Joint Industrial and Investment Projects are the Focus of Algeria-Belarus Talks

The Minister of Industry, Professor Fred Kourtel, discussed with the Ambassador of the Republic of Belarus to Algeria and a delegation of Belarusian businessmen ways to develop economic cooperation and open new horizons for partnership and investment, focusing on the realization of joint industrial and investment projects and the transfer of expertise and technologies. The meeting took place yesterday, Tuesday, at the Ministry of Industry, in the presence of several CEOs of public groups and central officials from the ministry, where the progress of existing partnership projects between Algeria and Belarus was reviewed, which have reached an advanced stage of consultation, along with assessing their outcomes, pending the completion of the final framework necessary for their practical implementation.

Sep 16, 2026echoroukonline.com
Oran Prepares to Establish a Competence Hub in Marine Mechanics

Oran Prepares to Establish a Competence Hub in Marine Mechanics

The Technological Institute of Fisheries and Aquaculture in Oran is preparing to elevate to a specialized hub in marine mechanics, as part of a project aimed at developing training and qualifying competencies in line with the needs of the fisheries and aquaculture sector. The institute's director, Mohamed Bitour, stated in a statement to the Algerian News Agency that the project falls under the blue economy program for the fisheries and aquaculture sector, implemented in partnership with the Ministry of Agriculture, Rural Development, and Fisheries and the European Union, aiming to contribute to the sustainable promotion of the blue economy, particularly in the fields of fisheries, aquaculture, training, entrepreneurship, research, and innovation.

Sep 16, 2026echoroukonline.com
Insurance and reinsurance of pandemic and epidemic risks: Construction of a new market for the transfer of systemic risks

Insurance and reinsurance of pandemic and epidemic risks: Construction of a new market for the transfer of systemic risks

Indeed, traditional damage insurance and business interruption mechanisms have proven insufficient in the face of a simultaneous and highly correlated global event. Infectious epidemics are occurring more frequently and spreading more quickly and widely, influenced notably by biological, environmental, and lifestyle factors. It also recalls that 75% of emerging infectious diseases have a zoonotic origin from diseases or infections whose pathogen (virus, bacteria, parasite) naturally comes from a vertebrate animal...

Sep 16, 2026ecotimesdz.com
2026 edition of the sector study 'Algeria Banking Index' ABIX: Credit accelerates, profitability declines

2026 edition of the sector study 'Algeria Banking Index' ABIX: Credit accelerates, profitability declines

By the end of 2025, the total balance sheet of the 21 analyzed banks reaches '25,667 billion DA', an increase of '+5.44%' year-on-year. Deposits collected from customers amount to '17,647 billion DA', up by '+5.28%', while the outstanding loans distributed rise to '11,199 billion DA', representing an increase of '+15.79%'. The gap between these two growth rates is, according to the study, the notable fact of the year: loans are growing nearly three times faster than deposits, which has mechanically raised the loan-to-deposit ratio to '63.46%'. An intermediation r...

Sep 16, 2026ecotimesdz.com
Algeria and Qatar Discuss Accelerating the Infant Milk Production Project

Algeria and Qatar Discuss Accelerating the Infant Milk Production Project

The Minister of Industry, Professor Fred Kourtel, discussed with the CEO of the Qatari group 'Power International Holding', Ramez Al-Khayat, ways to complete the procedures related to the implementation of the 'Baladna Algeria' company project for producing infant milk, which contributes to meeting the needs of the national market, enhancing local production, and reducing the import bill. The meeting took place yesterday evening at the Ministry of Industry, attended by the Minister of Vocational Training and Education, Nassima Arahab, the Qatari Ambassador to Algeria, Abdulaziz Ali Al-Naimah, and the Chairman of the Board of Directors of 'Baladna Algeria', along with a high-level delegation from 'Power International Holding' and its subsidiary 'UCC Holding'. Watch the full content on Echourouk Online...

Sep 16, 2026echoroukonline.com
Algeria buys about 500,000 tons of wheat flour in an international tender

Algeria buys about 500,000 tons of wheat flour in an international tender

Algeria purchased about 500,000 tons of wheat flour in an international tender that closed on Tuesday, according to estimates from European traders reported by Reuters, at a time when wheat markets are experiencing increasing disruptions due to developments in the Black Sea region. Traders indicated that the purchase price ranged, according to preliminary estimates, between $319 and $321 per ton, including shipping costs. Initial reports suggested that the purchased quantity ranged between 500,000 and 510,000 tons, while some traders speculated that the quantity could be higher. View the full content on Echourouk Online.

Sep 16, 2026echoroukonline.com

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