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ALGIERS- Export prices of goods in dinars, including hydrocarbons, recorded a drop of 14.3% during the first quarter of 2020 and compared to the same period in 2019, when import prices showed a slight increase of 1.3%, the National Statistics Office (ONS) told APS.

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ALGIERS- Minister of Trade, Kamel Rezig chaired, on Tuesday, an emergency meeting with regional directors of the province of Setif and neighboring provinces during which he gave instructions to ensure market supply after the decision to impose a partial lockdown in 18 municipalities of the province to contain the COVID-19 pandemic, the ministry said in a statement. 

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ALGIERS- The crowdfunding system, which enables collecting funds for startups via internet platforms, will be operational from the last quarter of 2020, said head of the Organizing and Supervisory Commission for Stock Market Operations (COSOB) Abdelhakim Berrah.

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ALGIERS- The Organizing and Supervisory Commission for Stock Market Operations (COSOB) received in 2020 two new requests of listing in the Algiers Stock Exchange, its president Abdelhakim Berrah told APS.

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ALGIERS- Algeria has fished its entire annual quota of bluefin tuna, 1,650 tonnes, allocated by the International Commission for the Conservation of Atlantic Tunas (ICCAT),  the Ministry of Fishing told APS on Tuesday. 

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ANNABA – Minister of Industry Farhat Aït Ali Brahim on Monday insisted in Annaba (600 km east of Algiers) on the need for relaunching the Sider El Hadjar Complex, on a "solid economic basis of industrializing industry."

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ALGIERS- Minister of Environment, Nassira Benharrats, chaired on Monday the installation ceremony of the standing sectoral committee on scientific research and technological development, the ministry announced in a Communiqué.

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ALGIERS-Algeria “still has a room for manoeuvre” that allows it to avoid resorting to foreign debt and despite some difficulties, the national economy “is far from collapse,” affirmed Monday Chairman of the National Economic and Social Council (CNES) Rédha Tir.

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ALGIERS- Trade Minister Kamel Rezig has taken a series of urgent measures against the spread of Covid-19, including the establishment of an ad hoc committee to monitor the impact of the pandemic, the ministry said in a statement. 

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ALGIERS-Energy Minister and Chairman of the Conference of the Organization of Petroleum Exporting Countries (OPEC) Abdelmadjid Attar on Monday discussed with OPEC Secretary General Mohammad Barkindo the short term prospects of the oil market, said the ministry in a communiqué.

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