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Latest updates from the Algerian business ecosystem

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Training of 250 officials to monitor consumer goods prices in Algeria

Training of 250 officials to monitor consumer goods prices in Algeria

The High Commission for Digitalization, in coordination with the sectors of internal trade, national market regulation, agriculture, rural development, and fisheries, oversaw the training of 250 officials from various provinces of the country on the new digital mechanism for daily monitoring of the prices of essential consumer goods and their availability. This was in implementation of the directives of President Abdelmadjid Tebboune aimed at enhancing price monitoring and rapid intervention in the event of unusual price increases. The High Commission for Digitalization stated in a statement that this training was organized during a training day overseen by the services of the Prime Minister at the National School of Hospitality and Catering, as part of the introduction of the national digital system for monitoring and controlling...

Oct 31, 2026echoroukonline.com
Binance Hack: $6.36 Billion Stolen and Accusations Against North Korea

Binance Hack: $6.36 Billion Stolen and Accusations Against North Korea

TRM Labs, a company specializing in cryptocurrency activity analysis, accused a North Korean hacking group of being behind the hack of the Binance platform, which resulted in the transfer of digital assets worth approximately $6.36 billion, in what the company described as the largest operation of its kind in the history of cryptocurrencies. The company stated in a report published on its website that the attacker transferred the funds from wallets belonging to the platform through 10 blockchain networks on October 29, noting that most of the transfers were executed within about 20 minutes, starting from 20:05 UTC. View the full content on Echourouk Online.

Oct 31, 2026echoroukonline.com
Electronic Payment.. Algerian Startups Develop Solutions to Enhance User Trust

Electronic Payment.. Algerian Startups Develop Solutions to Enhance User Trust

Algerian startups specializing in electronic payment are aiming to expand the integration of their value-added digital solutions in economic activities by developing services that meet the needs of businesses, merchants, and consumers, thereby supporting digital transformation and enhancing trust in online transactions. Mourad Mushta, the general manager of the fintech startup 'Qidini', stated that electronic payment should not be viewed as an independent function, but rather as an essential component in the digital pathways of businesses, allowing it to be directly integrated into the services they provide and contributing to its wider use in Algeria. Read the full content on Echourouk Online.

Oct 31, 2026echoroukonline.com
SONATRACH Raises LPG Prices for November

SONATRACH Raises LPG Prices for November

The Algerian company SONATRACH and the Saudi Aramco have raised the official selling prices of liquefied petroleum gas for November, with increases ranging from 23 to 40 percent for SONATRACH and between 5.9 and 6.8 percent for Aramco, amid rising seasonal demand and limited supplies in global markets. Reuters reported on Friday that SONATRACH increased the official selling price of propane by $155 per ton, reaching $825, while it raised the price of butane by $300, to $1050 per ton. Read the full content on Echourouk Online.

Oct 31, 2026echoroukonline.com
Oil Rises and Gold Falls Amid Rising Tensions and Inflation Fears

Oil Rises and Gold Falls Amid Rising Tensions and Inflation Fears

Oil and gold prices showed mixed movements on Friday, with crude rising towards a fourth consecutive month of gains, driven by fears of escalating conflict between the United States and Iran and the potential disruption of supplies through the Strait of Hormuz, while gold fell to its lowest levels since mid-July, affected by rising energy prices and increasing expectations of U.S. interest rate hikes. Brent crude futures for December, which expire today, rose by $2.27, or 1.98%, to $117.15 per barrel, while the more actively traded January contract increased to $112.99. U.S. West Texas Intermediate futures also rose by $1.79, or 1.75%.

Oct 30, 2026echoroukonline.com
These European countries are moving to increase their imports of Algerian gas

These European countries are moving to increase their imports of Algerian gas

Three European countries are moving to enhance their imports of Algerian gas as part of their efforts to diversify supply sources and secure their energy needs amid ongoing changes in the gas trade landscape in Europe. These moves involve the Czech Republic, France, and Germany, with differing cooperation paths among the three countries. Prague aims to double the contracted quantities with Algeria, while Paris has requested an increase in oil and liquefied gas supplies as soon as possible, and Berlin is preparing to receive additional quantities under an agreement between SONATRACH and its German counterpart 'VNG', according to the specialized platform 'Energy'.

Oct 30, 2026echoroukonline.com
Algeria establishes a working group to expand the use of treated water in agriculture and industry

Algeria establishes a working group to expand the use of treated water in agriculture and industry

The Ministry of Water Resources established a joint technical working group yesterday, Thursday, in Algiers, to provide proposals for the development and expansion of the reuse of treated wastewater in the agricultural and industrial sectors, according to a statement from the ministry. This measure comes in implementation of the instructions of the President of the Republic, Abdelmadjid Tebboune, and embodies the outcomes of the government meeting held on October 15, where the working group includes representatives from the sectors of water resources, environment, agriculture, finance, scientific research, vocational training, industry, and startups. Read the full content on Echourouk Online.

Oct 30, 2026echoroukonline.com
Madhahi discusses the mobilization of 362 real estate units to support tourism investment in Algeria

Madhahi discusses the mobilization of 362 real estate units to support tourism investment in Algeria

The Minister of Tourism and Traditional Industry, Houria Madhahi, chaired a coordination meeting dedicated to studying the situation of tourism real estate intended for investment, and to follow up on efforts to inventory and update the available real estate units for investors through the investor platform of the Algerian Agency for Investment Promotion, according to a statement from the ministry. The meeting was attended by central administration officials and representatives from the National Agency for Tourism Real Estate, as part of efforts to mobilize and enhance economic real estate, and to expedite its actual availability for investors, which supports the implementation of tourism projects and improves the investment climate. View the full content on Echourouk Online.

Oct 30, 2026echoroukonline.com
Appointment of Algeria's Lina Farhat as Deputy Chair of the Technical Committee for Medical Supplies at the African Medicines Agency

Appointment of Algeria's Lina Farhat as Deputy Chair of the Technical Committee for Medical Supplies at the African Medicines Agency

Algeria - The Ministry of Pharmaceutical Industry announced in a statement today, Thursday, the appointment of Dr. Lina Farhat, the Deputy Director for the Evaluation of the Efficacy of Medical Supplies and Diagnostic Devices at the National Agency for Pharmaceutical Products, as an expert and Deputy Chair of the Technical Committee for Medical Supplies and Diagnostic Devices of the African Medicines Agency (AMA).

Oct 29, 2026aps.dz
Spare Parts and Agricultural and Industrial Equipment.. These New Opportunities for Trade and Partnership for Algerians!

Spare Parts and Agricultural and Industrial Equipment.. These New Opportunities for Trade and Partnership for Algerians!

The envoy of 'Echorouk' to Shandong: Iman Kimouch. The Chinese city of Linyi is hosting the fourth session of the International Buyers Conference for the Linyi Trade City from October 28 to 30, as part of the joint construction of the 'Belt and Road' initiative, with the participation of officials, buyers, and businessmen from China and several foreign countries. The conference provided an opportunity to enhance trade exchange and explore new horizons for economic and investment cooperation, and to introduce the commercial, industrial, and logistical potentials of the city. Its activities focused on expanding international partnerships and developing cross-border e-commerce and linking global markets with Chinese production and distribution centers.

Oct 29, 2026echoroukonline.com

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