ALGIERS- The credits to the economy grew by 3.05% in 2020 against 8.84% in 2019, said Sunday the Bank of Algeria in a communiqué.
ALGIERS- President of the Republic Abdelmadjid Tebboune ordered, during the periodical meeting of the Council of Ministers on Sunday, to accelerate the rehabilitation of the vegetable oils plant in Jijel (318 km east of Algiers).
Constantine (Algeria)- The Credit Populaire d’Algérie (CPA) bank will launch, in a week or two weeks at the latest, the Application “Mobile Banking” to help customers make efficient, speed banking transactions via their mobile phones, announced Sunday the bank's CEO, Mohamed Dahmani.
ALGIERS- Minister of Energy and Mining, Mohamed Arkab, stressed Sunday in Algiers the need to pursue efforts with a view to renewing hydrocarbons reserves and increasing production, said the ministry in a communiqué.
ALGIERS- President of the Republic Abdelmadjid Tebboune ordered, during the Council of ministers he chaired on Sunday, the recovery of all the industrial plots of land that have been granted and unexploited to date.
ALGIERS- The Organization of Petroleum Exporting Countries (OPEC) announced the postponement of its 8th International Seminar of 2021 to 2022 due to the COVID-19 pandemic.
CONSTANTINE-The sales of food and industrial salts “declined in 2020” owing to the impact of the Covid-19 pandemic and “unfair” competition, said Saturday CEO of National Salt Company (ENASEL) headquartered in Constantine.
ALGIERS- The share of Liquefied Natural Gas (LNG) is expected to increase to about 48% of the global volume of gas traded in 2030, according to the latest report of the Gas Exporting Countries Forum (GECF).
ALGIERS- African journalists are called upon to master economic and commercial data of the continent in addition to the major challenges of the continent in order to ensure effective support for the implementation of the African Continental Free Trade Area ( AfCFTA), the United Nations Economic Commission for Africa (UNECA) said Thursday.
ALGIERS- The average annual inflation rate in Algeria reached 2.6% late January, the National Office of Statistics (ONS) said Thursday.