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Algeria News Gate


Algeria Revives Energy Sector with Major Bidding Round, Attracts Global Oil Giants
Algeria awards five energy licenses in major bid round to boost oil and gas sector.
1 day ago1 min read


Algeria's Edahabia Card Production Reaches 50,000 Units Per Day, Boosting Digital Payments
Edahabia card production hits 50,000/day, boosting Algeria’s digital payment system.
3 days ago2 min read


Algeria and Spain Reignite Economic Partnership After 28-Month Freeze
Algeria and Spain resume trade after 28 months, aiming for innovation-led economic cooperation.
3 days ago2 min read


European Commission Adds Algeria to High-Risk Money Laundering List
EU blacklists Algeria for money laundering risks, pressuring reform despite recent legal steps.
Jun 122 min read


Algeria to Launch Postal Bank to Expand Financial Inclusion
Algeria plans Postal Bank to improve access to banking and boost development in remote areas.
Jun 121 min read


Algeria to Implement New Foreign Trade Rules to Limit Imports and Promote Non-Hydrocarbon Exports
Algeria is revamping its foreign trade policy to limit imports and boost non-hydrocarbon exports.
Jun 31 min read


President Tebboune's Bold Move to Integrate Small-Scale Importers into Algeria's Economy
President Tebboune's initiative offers official recognition to small-scale Algerian importers, integrating them into the formal economy with support opportunities.
May 191 min read


Blida, Algeria Sends First Shipment of Watermelons to France, Strengthening Agricultural Exports
Blida exports its first watermelon shipment to France, boosting Algeria's agricultural exports and food security efforts.
May 131 min read


Donald Trump’s New Tariffs: A Setback for Algerian Trade and Economy
Algeria’s exports to the US face a blow with a tariff hike to 30%, impacting its foreign exchange earnings and trade balance.
Apr 32 min read


Islamic Finance in Algeria Reaches 900 Billion DZD in Deposits, Paving Way for Sovereign Sukuk
Islamic finance in Algeria hits 900B DZD in deposits, with sovereign sukuk launching in 2025.
Mar 232 min read


Algeria to Build First AI-Dedicated Data Center in Oran
Algeria launches its first AI-dedicated data center in Oran to enhance AI capabilities and contribute 7% to the country's GDP by 2027.
Mar 182 min read


Algeria Remains Europe's Second-Largest Pipeline Gas Supplier in February
Algeria remained Europe’s second-largest gas supplier in February, exporting 92.6 million cubic meters daily, mainly to Italy and Spain.
Mar 172 min read


President Tebboune Orders Ban on Marble Imports to Boost Local Industry
President Tebboune bans marble imports, aiming to stimulate local industry and boost Algeria's economic growth.
Mar 102 min read


Minister of Finance Introduces New Framework to Regulate Foreign Currency Exports in Algeria
Algeria announces new regulations to cap foreign currency exports at €7,500, aiming to boost transparency and curb informal markets.
Jan 272 min read


Algeria Sees Dramatic Decline in Cosmetics Import Bill, Boosted by Local Production Growth
Algeria cuts its cosmetics import bill from $500M to $58M in 2024, with local production meeting 70% of domestic demand.
Jan 272 min read


Opinion: Consolidating Algeria’s State-Owned Banks for a Stronger Financial Future
Merging Algeria's state banks can boost efficiency, tackle bad loans, and strengthen the sector for long-term growth and stability.
Jan 213 min read


Algeria and UK Strengthen Economic Relations Amid Diplomatic Optimism
Algeria and the UK enhance economic ties, focusing on trade, renewables, and innovation, signaling a new era of collaboration.
Jan 201 min read


Algeria and Qatar Collaborate on Agricultural Hub in El Meniaa to Boost Strategic Crop Production
Over 10,000 hectares allocated in El Meniaa for an Algerian-Qatari agricultural hub to boost cereal production and food security.
Jan 101 min read


Finance Ministry Enforces Bank Payments for Real Estate and Automotive Transactions in Algeria
Mandatory bank payments for real estate, cars, yachts, and insurance in Algeria to boost transparency and fiscal control.
Jan 81 min read


Euro and Other Foreign Currencies Surge on Algeria’s Black Market Amid Stable Official Rates
Euro surges to 254 dinars on Algeria’s black market, while official Bank of Algeria rates remain stable.
Jan 72 min read
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