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Financials and Investment News in Algeria

Algiers: Economic Challenge of 2018, Capturing Markets Abroad
6/1/2018 - Prime Minister Ahmed Ouyahia said that Algeria's economic battle is to capture markets abroad, assuring economic operators of government's support.
Algiers: Establishing Working Group to Boost Agricultural Exports
6/12/2018 -  Minister of Trade Said Djellab set up, in Algiers, a working group in charge of achieving sustainable development of agricultural exports, said a ministerial communiqué.
Algiers: Implementation of Bill on Finance Acts: All Conditions Met By 2023
6/19/2018 - Minister of Finance Abderrahmane Raouya said that all conditions necessary for the implementation of the draft organic law on finance acts, presented at the Council of the Nation (upper house of Parli...
Algiers: Trade Deficit Down By 63.7% in Jan-May
6/20/2018 - Algeria’s trade deficit stood at US$1.718 billion between January and May 2018, against US$4.734 billion in the same period of 2017, down by 63.7%, Customs told APS
Algeria’s Forex Reserves fell by $7.3 Billion in Jan-May
6/23/2018 - Algeria’s foreign exchange reserves fell by $7.3 billion in the first five months of this year and are expected to decline by $5 billion from now until the end of the year, Prime Minister Ahmed Ouyahi...
Algeria: Sonatrach Investments Were $8 Billion in 2017
7/1/2018 - The National Hydrocarbon Group Sonatrach said Sunday that the total investment volume made in Algeria was $8.2 billion in 2017. 87% of them covered the development of hydrocarbon exploration and produ...
Algeria: Government Studies Means to Boost Investment
7/1/2018 - Minister of Industry and Mines, Youcef Yousfi announced in Ghardaia that “the Government studies the means to boost and attract economic investment in most remote areas.”
Algiers: Trade Ministry Examines Proposals on Support to Exporters of Agricultural Products
7/18/2018 - Trade Minister Said Djellab chaired the 5th meeting devoted to the examination of the proposals made by the working groups installed during the 4th meeting of the working group tasked with drafting a...
Brazilian Fm Calls to Boost Economic Partnership, Investment with Algeria
7/23/2018 - Brazilian Minister for Foreign Relations, Aloysio Nunes Ferreira Filho in Algiers called for reinforcing the economic partnership and facilitating investments between Algeria and Brazil, adding that ...
Algeria, Brazil to Finalize Some Agreements to Improve Business Climate
7/23/2018 - Algeria and Brazil have agreed to "finalize some agreements" in order to allow companies from both countries to work in good business climate, said in Algiers Foreign Minister Abdelkader Messahel
Algeria's Economic Policy May Accelerate Inflation
7/23/2018 - OPEC member Algeria’s decision to turn to monetary financing to cut budget deficits could cause higher inflation as its non-oil sector remains weak, the International Monetary Fund (IMF) said.

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Algerian Economic and Cultural Week in Washington: Djellab Chairs Coordination Meeting
8/27/2018 - Commerce Minister Saïd Djellab has chaired in Algiers a coordination meeting, bringing together all economic operators scheduled to partake in Algeria's economic and cultural week in Washington, said ...
Algerian Cultural Min. Hails Strong Relations with Egypt
9/7/2018 - Algerian Culture Minister Ezzedine Maihouby hailed his country's strong relations with Egypt in various fields, especially the cultural ones. The minister said that Egypt is a home to art, theater an...
Algeria Wants to Build Diversified Economy Based on Micro Business
9/17/2018 - Minister of Employment, Labour and Social Security Mourad Zemali said that the State seeks to build a diversified economy based on micro business.
Algeria-UAE Joint Commission to Expand Economic Cooperation
9/17/2018 - The Algerian-Emirati relations are set to expand thanks to the signing of several agreements of cooperation, during the 14th Algerian-Emirati Joint Committee, on 17 - 18 September in Algiers.
Guitouni and UAE Minister for Economy Discuss Energy Cooperation
9/18/2018 - Minister of Energy Mustapha Guitouni and Emirati Minister for Economy, Sultan Bin Saeed al Mansoori in Algiers discussed strengthening energy cooperation and the evolution of oil markets, said the mi...
Algeria-UAE Ink Four Cooperation Agreements
9/18/2018 - The 14th session of the Algerian-Emirati joint commission, held in Algiers, wrapped up with the signing of four bilateral cooperation agreements in religious affairs, culture, civil engineering and in...
Algeria Sees 2019 Economic Growth at 2.6 Pct Vs 4 Pct This Year
9/26/2018 - Algeria’s government expects the economy to grow by 2.6 percent in 2019, down from the 4 percent it has forecast for this year, due to lower spending.

The government sees inflation reaching 4...
Finance Bill 2019: No New Taxes, Slight Rise in Budgetary Revenues
9/26/2018 - The finance bill 2019, adopted by the Council of Ministers, does not contain any new tax and foresees a slight increase in budgetary revenues and operational budget.
Algeria-Portugal Cooperation: "Major” Economic Achievements (Joint Statement)
10/3/2018 - Algeria and Portugal highlighted in Lisbon the "excellence" of bilateral cooperation relations and emphasized the "major achievements" made in the economic and commercial field.

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