ALGIERS-An action plan to boost agricultural exports will be submitted to the Government in next September, Trade Minister Said Djellab announced Wednesday in Algiers.

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ALGIERS- The Algerian Insurance Company (CAAT) made a profit of DZD 2.5 billion in 2017 against DZD 2.3 billion in 2016, up 7%, said this insurance company in a statement.

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ALGIERS-Trade Minister Said Djellab on Tuesday chaired the 5th meeting devoted to the examination of the proposals made by the working groups installed during the 4th meeting of the working group tasked with drafting a national action plan to support exporters of agricultural products, said the Ministry in a communiqué.

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ALGIERS- The CEO of the national hydrocarbon company Sonatrach Abdelmoumem Ould  Kaddour and Executive Director of the Italian group ENI Claudio Descalzi signed Tuesday, in Milan, an agreement marking an additional step for the strengthening of the partnership in the basin of Berkine, in synergy with the existing facilities of BRN (bloc 403) and  MLE (bloc 405b), with the objective of executing a gas hub in the area, said a communiqué of Sonatrach.

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ALGIERS- The unemployment rate in Algeria reached to 11.1% in April 2018 against 11.7% in September 2017, dropping by 0.6 pc between the two periods, the National Office of Statistics (ONS) told APS Tuesday.

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SKIKDA- Minister of Labour, Employment and Social Security Mourad Zemali said Monday in Skikda (470 km east of Algiers) that the State remains "determined" to support youth to create microenterprises.

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ALGIERS- A total of 554 multi-purpose and all-terrain Mercedes-Benz G-Class and Sprinter vehicles have been delivered Monday to several national institutions and structures, said the National Defense Ministry in a communiqué.

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ALGIERS- An agreement has been signed between the national electricity and gas company SONELGAZ, Morocco's National Office for Electricity and Drinking Water and Tunisia's Electricity and Gas Company (STEG) to supply Tunisia with electricity, said Sunday in Algiers the CEO of SONELGAZ, Mohamed Arkab.

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ALGIERS- The agricultural sector annually absorbs nearly 70% of the total volume of consumed waters nationwide, while the alternative irrigation systems would allow making significant savings, Water Resources Ministry’s Director for Water Supply Omar Bougueroua said in an interview to APS.

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ALGIERS– The "historic decision" of the members of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil producing countries during their meeting in Algiers in September 2016 has allowed relaunching investments and increasing oil prices in 2017, said Thursday in Algiers Energy Minister Mustapha Guitouni.

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