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.

Exclusive – Vehicles: The CNI will set Monday the list of brands authorized to produce in Algeria

EPC vehicles Algeria – The National Council of Investment (CNI) will set Monday, February 5, a new list of authorized…

Oil breaks the $ 70 mark for the first time since the end of 2014

The price of Brent crude oil from the North Sea surpassed on Thursday the US $ 70 a barrel in…

New upsurge in the Sonatrach-Eni affair: Several arrests in Italy

Sonatrach ENI Algeria – Some 15 people, including magistrates and lawyers, were arrested in Italy, accused of "adjusting" certain lawsuits…

Exclusive – Chery, Higer and Shacman: the Setif factory will deliver vehicles to all Africa

Chery QQ Algeria – The EURL GM Trade car assembly plant, set to open in Sétif in March 2018, will…

ONT takes part in Madrid at the International Fair of Tourism

Algeria – The National Tourism Board (ONT) will take part in the 38th edition of the International Fair of Tourism…

Renewable energies: Sonatrach signs a memorandum of understanding with Engie

Sonatrach Engie Algeria – The public oil company Sonatrach signed today, Wednesday, February 7, a new memorandum of understanding with…

Car assembly: The Mazouz Group will recruit nearly 2,000 employees

Mazouz Group Algeria – The GM Trade company, belonging to the Mazouz Group, will recruit some 1,640 employees for its…

Nearly 12 billion AD between 2011 and 2017

Nearly twelve (12) billion dinars were disbursed by the government between 2011 and 2017 under the subsidies for the prices…

Sonatrach: inauguration of a gas pipeline linking Reggane to Hassi R'Mel

Algeria-The GR5 gas pipeline carrying gas from Reggane to the GR5 compressor station over a distance of more than 700…

Algeria: The Renault Trucks factory validated by the CNI

Reunault Trucks – picture by Dzair Auto Algeria – The project of the Algerian assembly plant of heavy vehicles, Renault…
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