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ALGIERS- Minister of Energy Abdelmadjid Attar referred Thursday, in Algiers, the improvement in oil prices, exceeding USD64/barrel in the last few days, to the unexpected cold spell in the USA and other countries, calling for caution about this increase that could be circumstantial.

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Official launch of National Investment Fund

Thursday, 18 February 2021 16:21

ALGIERS- Minister of Finance Aymen Benabderrahmane supervised Thursday, in Algiers, the official launch of the National Investment Fund, the result of a partnership between the National Bank of Algeria (BNA) and Foreign Bank of Algeria (BEA) as part of the diversification of financing tools destined to small and medium-sized enterprises (SMEs).

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ALGIERS- Minister of Industry Ferhat Ait Ali Braham called Thursday, in Algiers, the startups and innovative project holder to seize the opportunity offered to them through the 81 research and development projects coming under the sector of industry as part of its sectoral standing committee on scientific research and technological development (CSP).

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ALGIERS- A Memorandum of Understanding was signed Thursday in Algiers between the Ministry of Industry and Deputy Ministry for Knowledge Economy and Startups with the aim of facilitating the integration of startups into the national industry.

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ALGIERS- The government examined on Wednesday, during its meeting chaired by Prime Minister Abdelaziz Djerad, a draft executive decree establishing a community port platform for the exchange of digital data, said a statement from the Prime Minister’s Office.

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KHENCHELA (Algeria)-Director General of Forests (DGF) Ali Mahmoudi stressed Tuesday in Khenchela (540 southeast of Algiers) that the “investment in non-timber forest products will improve living conditions of the marginalized regions' inhabitants.

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ALGIERS- Five firms working in the renewable energy industry have signed a memorandum of understanding (MoU) to jointly carry out solar projects in Algeria, Club Energia, a think tank specialized in the field, said in a statement.

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ALGIERS- The Bank ABC (Arab Banking Corporation) opened Monday the first counter to market Islamic finance products under the trade name “Al-Buraq,” near the headquarters of the Bank in Bir Mourad Rais, in Algiers.

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ALGIERS- Prime Minister Abdelaziz Djerad on Sunday decided to lift the restrictive measures on certain activities, as part of the new measures on the management of health crisis linked to the Covid-19 pandemic, the Prime Minister office said in a press release.

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ALGIERS- The law governing electricity generation, transport and supply will be soon revised by integrating renewable energy, Minister of Energy Abdelmadjid Attar said Sunday, in Algiers.

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