
"Saida": Four factories for the production of raw materials under construction
The group currently exports medicines to more than 11 African countries.
Latest updates from the Algerian business ecosystem

The group currently exports medicines to more than 11 African countries.

Algeria - The Minister of Pharmaceutical Industry, Wassim Gouidri, announced today, Tuesday in Algiers, the adoption of the first national list of essential medicines in Algeria, which will serve as a reference for determining national priorities in ensuring the availability of essential medicines and enhancing the country's production capacities in this field.

Algeria has allocated 123.4 billion dinars for the energy and renewable energy sector within the draft finance law for 2027, with the majority of the funds directed towards electricity and gas connection programs, supporting energy bills in the south and high plateaus, and developing renewable energies and consumption control, as revealed by the Minister of Energy and Renewable Energies, Mourad Adjail, during his presentation before the Finance and Budget Committee of the National People's Assembly on Tuesday. Read the full content on Echourouk Online.

Ms. Linda Bab, the General Director in charge of managing the National Agency for Industrial Real Estate at the Ministry of Industry, confirmed that the completion of the preparation and digitization of industrial real estate and the provision of ready real estate units represents one of the priorities of public authorities to support productive investment. She pointed out that the success of industrial projects is linked to the availability of suitable real estate units and their readiness in terms of preparation and connection to various networks, as well as the clarity of procedures related to obtaining these units and starting to exploit them.

In an effort to enhance cooperation and solidarity between Algeria and the Republic of Niger, Algeria has sent a technical mission consisting of officials and experts from the Ministry of Energy, the Hydrocarbons Regulatory Authority (ARH), and the SONATRACH group, to provide support and technical assistance following the incident at the oil well 'Gomri W-8', located in the Agadem oil field, northeastern Republic of Niger, according to a statement from the Ministry of Energy on Tuesday.

In this context, nature-based solutions (NbS) are increasingly occupying a prominent place in international climate policies. Their principle is relatively simple: to use the capabilities of ecosystems to address societal challenges while enhancing their ecological functioning. Restoring a wetland to reduce flood risks, reconstituting a forest to store carbon, restoring degraded soils to improve their ability to retain water, or restoring coastal ecosystems to protect populations...

The economic expert, Abdelkader Mechdal, emphasizes the importance of storage and distribution facilities for agricultural products in ensuring availability and controlling price increases.

Oil prices rose today, Tuesday, with Brent crude nearing its highest level in five months.

Maquis, essential oils, and AMP: Algeria is home to 70% of the world's economically important species but remains an importer

The Medlink project plans 5,000 MW of solar power in the Sahara and a 900 km submarine cable to Italy, with Terna and the Mattei Plan.

CWE, CSCEC, PowerChina and CRCC dominate the 3,200 MW segment of the Algerian solar program. Capacities 2026 and wind tender

Oil prices varied on Monday, at the close of the settlement session. Brent crude futures fell by 31 cents or 0.3 percent to $109.55 per barrel, after dropping more than three dollars earlier in the session as investors sought to take profits following a rise to a five-month high last week. Meanwhile, West Texas Intermediate crude rose by $2.25, or 2.2 percent, to $103.66 per barrel, the highest settlement price since September 15.
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