ECONOMY 


Algeria won’t resort to foreign debt, assures President Tebboune

ALGIERS-President of the Republic Abdelmadjid Tebboune on Sunday reaffirmed Algeria's refusal...

Algerian economy showed “a lot of resilience” in 2020

ALGIERS- The Algerian economy showed "a lot of resilience" in 2020, despite the shock of the health crisis,...

Air transport investment requests on rise, says PM

ORAN-Prime Minister, Minister of Finance, Aimene Benabderrahmane said Monday...

Algeria at Expo 2020 Dubai

ALGIERS- The Exhibition "Expo 2020" opened Friday, in Dubai (United Arab Emirates),...

CoronaVac vaccine to be exported to African countries by 2023

CONSTANTINE (Algeria)- The Covid vaccine that Algeria started producing today will...

Seven Algerian micro-enterprises partake in China-Africa Economic & Trade Expo

ALGIERS- The delegated ministry to the Prime Minister for Micro-Business represented by...

GECF to hold 4th annual workshop on promotion of natural gas demand

ALGIERS- Gas Exporting Countries Forum (GECF) will hold its 4th annual workshop on the promotion...

Algeria, guest of honour at 2nd China-Africa Economic and Trade Expo

ALGIERS- Algeria is the guest of honour, along with five other African countries, at the second...

32 unexploited ores in Algeria, says Arkab

ALGIERS- Minister of Energy and Mines Mohamed Arkab underlined Saturday that 32...

Hydrocarbons: Investments to reach nearly USD10 billion in 2023

ALGIERS- Prime Minister and Minister of Finance Aïmene Benabderrahmane announced Monday...

Pharmaceuticals: Over 1,000 locally manufactured drugs listed INN

ALGIERS-The number of locally manufactured pharmaceutical products has reached 1,102 on...

Lamamra receives director of Anadarko-Algeria

ALGIERS-Minister of Foreign Affairs and National Community Abroad, Ramtane Lamamra received ...

Tindouf: Towards exploitation of Gara-Djebilet deposit

TINDOUF- The iron deposit of Gara Djebilet (170 km south-west of Tindouf) will be soon exploited...

COMMUNIQUÉ SUR LA RÉFORME HOSPITALIÈRE

L'Ambassade d'Algérie à Washington porte à la connaissance des membres de la communauté...

Lamamra, Ethiopian Airlines’ CEO examine partnership opportunities

ALGIERS- Minister of Foreign Affairs and National Community Abroad Ramtane Lamamra...

Rezig, Hood discuss trade cooperation prospects

ALGIERS-Minister of Trade and Export Promotion Kamel Rezig on...

Maritime freight transport: Djanet ship transports 900 TEU in maiden trip

ALGIERS-The new container ship Djanet, property of the company CNAN-MED, transported 900 TEU...

Non-hydrocarbon exports up by 81.80% in first 5 months of 2021

ALGIERS- Algeria’s non-hydrocarbon exports increased by 81.80% in...

Non-hydrocarbon exports: Algeria could achieve 4 to 5 billion-dollar target in 2021

ALGIERS- The 4 to 5 billion-dollar target set by the country's high authorities in...

Sonatrach: Hydrocarbon exports up by 45% in late May

ALGIERS- Hydrocarbon exports achieved by Sonatrach during the first five months ...

Improving institutional, societal mechanisms to fight against corruption, bureaucracy

ALGIERS- Chairman of the National Economic, Social and Environmental Council (CNESE) Reda Tir stressed Monday,...

At least 50% of drinking water needs to be met through desalination process by 2030

ALGIERS- At least 50% of the country's drinking water needs will be met from desalinated sea water by 2030,...

Maritime freight transport: Second phase of national fleet strengthening completed

ALGIERS- The Algerian Group of Maritime Transport (GATMA) has completed,...

Joint-ventures: Algeria has all chances to attract foreign investments

ALGIERS- Chairman of the Economic, Social and Environmental Council (CNESE) Reda Tir...

More than 170 exhibitors at 2nd Algerian Virtual Waste Exhibition

ALGIERS- More than 170 Algerian and foreign exhibitors will take part from Saturday in the 2nd Algerian...

400 operators attends Algerian-Libyan Economic Forum in Algiers

ALGIERS- Algerian-Libyan Economic Forum opened Saturday in Aurassi Hotel, Algiers,...

African Investment Forum: Algeria called upon to work so AfCFTA materializes

ALGIERS- Participants in the African Investment and Trade Forum on Monday called...

International Renewable Energy Exhibition opens in Oran

ORAN- The 11th International Renewable Energy, Clean Energy and Sustainable Development Exhibition...

Sonatrach, China's Sinopec sign MoU

ALGERS- Sonatrach and its Chinese partner Sinopec on Thursday in Algiers signed...

Towards generalization of electric cars in Algeria by 2030

ALGIERS-Electric cars will be progressively generalized in Algeria by 2030, has said Tuesday...

Oran: 50 exhibitors expected at 11th ERA International Fair 2021

ORAN (Algeria)-Fifty exhibitors will take part at the 11th International Fair of Renewable Energy,...

Algerian banks to open subsidiaries in Africa, Europe soon

BLIDA - Minister of Finance Aymen Benabderrahmane announced, Tuesday in Blida,....

23rd international building , construction materials and public works fair - Batimatec

Throughout the years and the successive editions, BATIMATEC has become the most....

Bellara steel complex to export over 17,000 tonnes of metal columns

JIJEL- Algerian-Qatari Steel (AQS) complex of Bellara, in Jijel, will export as of ....

Agricultural exports hit $ 1.1bn in first ten months of 2020

ALGIERS- Agriculture and Rural Development Minister Abdelhamid Hamdani said ....

First merchant vessel docks in port of Nouakchott

NOUAKCHOTT (Algeria)- A merchant ship from Algeria docked Tuesday in the port ....

Ministries, U.S. businessmen hold meeting on economic cooperation opportunities

ALGIERS-A meeting by videoconference bringing together the representatives of several ministries and U.S....

Study-day on green hydrogen to take place on 19 April, announces Chitour

ALGIERS-The Minister of Energy Transition and Renewable Energy Chems Eddine Chitour announced ...

Algiers-Nouakchott: Sea line for export opened Monday

ALGIERS- The first crossing on the sea line, exclusively meant for export, between Algiers and...

Government determined to develop real pharmaceutical industry

ALGIERS- Prime Minister Abdelaziz Djerad stressed, Saturday in Algiers, the Government's...

Djerad chairs Forum on Investment in Agriculture, Agri-food Industry

ALGIERS-The Forum on Investment in Agriculture and the Agri-food Industry opened Monday at the International...

Naval industry: Sixty projects to be launched in second half of 2021

ALGIERS- About sixty projects in the field of shipbuilding and repair are planned to be...

Bellara steel Complex plans to export 300.000 T of iron in 2021

JIJEL-The Bellara steel complex (located in Jijel) under the Algerian-Qatari Steel Company plans to export 300,000 tonnes...

Dates exports hit $ 71 million in 2020

ALGIERS- Algerian exports of dates reached about $ 71 million in 2020, said on Wednesday in Algiers,...

Public banks to open soon branches in African countries

ALGIERS- Minister of Finance Aïmene Benabderrahmane announced on Saturday in Algiers,...

knowledge-economy-national-conference-to-shape-algerian-model

ALGIERS- Deputy Minister for Knowledge Economy and Startups, and the National Economic, Social and Environmental...

Launch of 3rd "Algeria Startup Challenge" programme

ALGIERS- The third "Algeria Startup Challenge" programme has just been launched, the event's...

Coral exploitation to be limited to 6 tonnes per year

ALGIERS- The exploitation of coral fishing will be limited, in a first phase of five years, to a quota of 6 tonnes per year...

Germany to support Algeria in renewable energy sector

ALGIERS- Germany is willing to support Algeria to become a pioneer in Africa in the field of...

More than 300 emerging companies labelled "start-up"

ORAN - More than 300 emerging companies and holders of an innovative project have obtained the "Start-up"...

Agriculture: Revenues from forest products near DZD145 million

ALGIERS- The revenues generated by the sales of national forest products in 2020 neared DZD145 million,...

Algeria produced more than 56,000 qt of cork in 2019/2020 campaign

ALGIERS- Algeria's cork production reached 56,489 quintals (qt) at the end of the 2019-2020 campaign,...

Algeria relies on mining sector to boost economy

ALGIERS- Minister of Energy and Mines, Mohamed Arkab said...

Renewable energies: Tender invitation in June to produce 1000 MW

ALGIERS- An invitation to tender for photovoltaic production of 1.000 megawatts (MW)...

Algeria takes part Tuesday in "Berlin International Tourism Show"

ALGIERS- The National Tourist Office (ONT), accompanied by a delegation of operators and...

El Hamdania Port: taking all necessary measures to launch works

ALGERS- President of the Republic Abdelmadjid Tebboune ordered, in the Council of ministers held...

Algerian olive oil producer wins international contest in Dubai

ALGIERS- An Algerian olive oil producer has won the first Award for early harvest extra-virgin olive, ...

SADR 45th anniversary: Algeria reaffirms "unwavering, unconditional" support for Sahrawi people

AOUSERD (Sahrawi Refugee Camps)-Algeria reaffirmed, Saturday, its "unwavering and unconditional" ...

White book on climate change impact in Algeria comes out

ALGIERS- The Ministry of Energy Transition and Renewable Energy announced Sunday the ...

Algeria's Oil and Gas exports

The Algerian Minister of Energy Mr. Abdelmadjid Attar in his address today, the 11th February of 2021,...

Sonatrach signs MoU with Occidental, Eni and Total

ALGIERS- National hydrocarbon group Sonatrach signed Sunday a memorandum of understanding...

"Africa by IncubMe": Algeria to become African pole of innovation

ALGIERS- The pan-African incubation programme for startups "Africa by IncubMe," presented Thursday in Algiers,...

Exploitation of Gara-Djebilet deposit: talks with Chinese firms nearing finalization

ALGIERS- The talks with a group Chinese companies for the exploitation of...

Sonatrach: 2021 will see growth in production, sales

ALGIERS-The year 2021 will see an increase in production and ...

Algeria elected member of IRENA Council

ALGIERS-Algeria has been elected member of the Council of the International Renewable Energy Agency...

Mining exploration: Programme for 2021-2024 amounting to DZD6 billion developed

ALGIERS- A long-term mining exploration programme has been developed for the...

Renewable energy: Chitour presents Algeria's objectives at IRENA Assembly

ALGIERS- Minister of Energy Transition and Renewable Energies, Chems Eddine Chitour, presented Monday...

Foreign trade: EU, Algeria's "main strategic partner" in 2020

ALGIERS- The European Union (EU) is Algeria's "main strategic partner" in terms of trade, according to...

American investments in Algeria discussed with Finance Minister

ALGIERS-The increase in U.S. direct investment in Algeria was among the issues discussed...

Algerian diaspora able to pay purchases to relatives in Algeria via new App

ALGIERS- An application offering Algerians living abroad the possibility to pay in foreign currency for products...

Mining: Ghar-Djebilet iron ore mining to be launched in January

ALGIERS- Mining in the iron ore of Ghar-Djebilet, Tindouf (2000-km southwest of Algiers ) is...

Entrepreneurship: "Jil CAPC" event kicks off in Algiers

ALGIERS- President of the Republic Abdelmadjid Tebboune signed Thursday the finance law 2021,...

Entrepreneurship: "Jil CAPC" event kicks off in Algiers

ALGIERS-The Algerian Confederation of Citizen Employers (CPAC) on Monday held the "Jil CAPC"...

Large mine exploitation to result in gradual raw material import cut

ALGIERS-The year 2021 will be that of a diversified economy driven by several sectors, including mining that...

Innovation: 34 startups take part in 2nd “Algeria Satrtup Challenge”

ALGIERS- More than 40 startups with innovative ...

First virtual waste exhibition on December 21 to 23

ALGIERS- The National Waste Agency (AND) is organizing its first ...

Gas : Algeria to host 7th GECF Heads of State and Government Summit in 2023

ALGIERS- Algeria will host the 7th summit of the Heads of State and Government of the Gas Exporting Countries Forum (GECF) in 2023,...

Inking of agreements for Saharan tourism promotion

TISSEMSILT- Minister of Tourism, Craft Industry and Family Work Mohamed Hamidou announced Monday,...

Tourism: Several measures to root out bureaucracy, encourage investment

ALGIERS- Minister of Tourism, Craft Industry and Family Work Mohamed Hamidou affirmed Saturday, ...

Agricultural fair: opportunity to market maximum of products

ALGIERS- The first national fair of agricultural and agrifood products, which will take place from 23 to 27 September in Algiers, ...

Safex: Agriculture and Agri-Food Industries Fair from September 23rd

ALGIERS- The Algerian Company of Fairs and Exhibitions (Safex) will soon resume its activities of the organization of fairs ...

Algeria elected at Executive Board of UNDP, UNFPA and UNOPS

ALGIERS- Young people are allowed to form cooperatives to explore and exploit gold mines in the south of the country, ...

South : Young people can form cooperatives to prospect for gold

ALGIERS- Young people are allowed to form cooperatives to explore and exploit gold mines in the south of the country, ...

OPEC+ agreement: Very satisfactory compliance

ALGIERS- The overall compliance with the agreement on output cut, concluded between the Organization of ...

AfDB: Algerian Rabah Arezki appointed chief economist, vice president

ALGIERS- The African Development Bank (AfDB) has appointed Algerian Dr. Rabah Arezki as ...

President Tebboune instructs Government to start exploitation of iron, zinc deposits

ALGIERS- The exploitation of the iron mine of Ghar-Djebilet in the province of Tindouf and the zinc ...

Algiers Stock Exchange: Two new listing requests

ALGIERS- The Organizing and Supervisory Commission for Stock Market Operations (COSOB) received in 2020 two new requests of ...

Sonatrach, Eni ink several gas cooperation agreements, oil production MoU

ALGIERS- National hydrocarbon company Sonatrach and Italian group ENI signed Wednesday, in Algiers, ...

Algerian IRIS Tyres on the American highways

IRIS Tyres the leading producer of Tires in Algeria and one of the leaders in Africa,...

Algeria looks to produce locally 70% of drug needs

ALGIERS- Minister for pharmaceutical industry Lotfi Benbahmed on Sunday in Algiers underlined the need for promoting local...

OPEC +: Arkab will take part in 19th JMMC meeting on Thursday

ALGIERS - Minister of Energy Mohamed Arkab will participate on Thursday in the works of the 19th meeting ...

Covid-19: Lower House takes part in international meeting on economic emergencies

ALGIERS- People's National Assembly (lower house of Parliament) will take part on Tuesday in a video ...

Transport: Air Algerie outlines post-lockdown plan

ALGIERS- National airline Air Algerie presented Sunday, in Algiers, its airworthiness release for its aircraft fleet ahead of ...

Ferhat Ait Ali: Phosphate mega-project to be relaunched soon in east of Algeria

ALGIERS - The integrated phosphate mining and processing mega-project in the east of the ...

Algeria plays key role in stability of oil market within OPEC

ALGIERS-Algeria plays a "key” role in the rapprochement of views between OPEC countries and its...

179th OPEC Conference meeting opens under Algeria's presidency

ALGIERS- The Algerian Company of Fairs and Exports (Safex) announced on Wednesday the cancellation of the International ...

Algiers International Fair 2020 edition canceled

ALGIERS- The Algerian Company of Fairs and Exports (Safex) announced on Wednesday the cancellation of the International ...

Algeria made a strong debut in the Bloomberg Innovation Index 2020

Algeria made a strong debut in the Bloomberg Innovation Index entering the 2020 ranking edition at No. 49. ...

Finance: Creation of Housing bank, SMEs and startups fund in 2020

ALGIERS-The draft Government Action Plan for the implementation of the programme of President of the Republic Abdelmadjid Tebboune ...

Tourism: Strategy to promote destination Algeria to be drawn up shortly

ALGIERS- Four workshops have been organized with tourism sector actors, as part of the first mission of international expert in ...

Roadmap to support startups in Algeria

ALGIERS- Ministry of Micro-Enterprise, Startups and Economy of Knowledge will establish a legal, regulatory and financial...

Algiers International Tourism Fair 2020 (Algiers, 25 - 28 March 2020)

Algiers’s International Tourism Fair 2020 is the newest travel and tourism fair in Algeria organized by SAFEX, the country’s leading...

Algeria to achieve lasting development thanks to energy transition programme

ALGIERS – Minister of Energy Mohamed Arkab said on Wednesday that the Energy Transition Programme, part of the Government's...

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