Economy

Algeria is experiencing a particularly difficult economic situation since mid-2014. This, closely linked to the collapse of oil prices, forced the authorities to apply austerity.
The section “economy” allows you to better understand the economic situation, to have access, in real time, to all the news of economic order.
This section is divided into three sub-sections:
-Energy-
All news related to various sources of energy and renewable energies; oil, gas, shale gas, wind, photovoltaic, etc.
In this sub-section, you can follow oil and gas prices in real time, as well as the opinion of international experts about the prevailing economic situation in Algeria.
-Automobile-
Hit hard by the financial crisis, Algeria has decided to suspend the import of vehicles, which has blazed prices. To cushion the expenses, the authorities have opted for a locally assembled vehicle, however, the current production fails to meet the national need.
This sub-section allows you, not only to follow all the news related to the automobile assembly industry in Algeria, but also to have access to a list of prices of new and used vehicles updated continuously.
-Market & Price-
We have introduced this sub-section to allow our readers to follow and get an idea about the prices of staple foods; agribusiness, vegetables & fruits.
A daily updated list of consumer products is offered to readers.

Prices of fruits and vegetables will drop from the end of November

Algeria – Prices for fruits and vegetables will drop from the end of November onwards, said the director general of…

Sonatrach and an American group invest in the field of industrial gases

Algeria – Air Products, a major US group specializing in industrial and medical gases, and Sonatrach have signed two agreements…

Oil consumption will increase in the coming years

Algeria – Oil consumption will increase over the coming decades due to rising demand for petrochemicals, trucking and aviation, said…

EXCLUSIVE- The Ford project validated by the CNI, out of the first vehicle in March 2019

Algeria – The National Council of Investment (CNI) has agreed to the project of automobile assembly plant of the American…

15 million drawbacks on the Picanto GT Line in Batna!

Batna Algeria – Kia El-Djazair, Global Group's commercial subsidiary, announces a 15 million (centimes) discount on its Picanto GT Line.…

forecast of 2,714 billion dinars as petroleum taxation in the PLF 2019

Algeria – The amount of the oil tax, planned in the framework of the draft law of finance (PLF) 2019,…

Imports: Government Will Not Give Up Restriction

Algeria – The import restriction regime will remain in force, despite the introduction of an additional provisional safeguard duty (DAPS)…

EXCLUSIVE- A 200% tax on fruit imports, including apples

Algeria – At the end of an Interministerial Council devoted to the elaboration and implementation of the provisional additional safeguard…

Industrial vehicles: CNI grants benefits to Savem factory in Haddad

Algeria – As reported by ALG24, the National Council of Investment (CNI) examined, on October 30 last, files relating to…

CNI: New advantages for Sovac, towards the lower prices of its commercial vehicles

Algeria – The National Council of Investment (CNI) has granted new benefits to Sovac Production Spa, which assembles the vehicles…
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