ALGIERS- Prime Minister Abdelaziz Djerad said Tuesday, in Algiers, that accompanying youths’ innovative projects is among the priorities of the government’s action programme for 2021, adding that supporting startups constitutes one of the bases of the new economic model.

ALGIERS- Chairman of the Confederation of Algerian Producers and Industrialists (CIPA) Abdelwahab Ziani announced Tuesday the creation of a new Federation of renewable energy and energy transition.

ALGIERS- Digitization must be the basis for the country's economic development, especially in the logistics sector in which it should contribute to reducing costs and improve competitiveness of domestic products, Prime Minister Abdelaziz Djerad said Tuesday.

ALGIERS – Prime Minister Abdelaziz Djerad on Tuesday officially inaugurated the startup accelerator "Algeria Venture" based at the Parc des Grands Vents (Dounia Parc) in Algiers.

ALGIERS- The compliance rate of banks to the new minimum capital requirement has reached 95%, including six public banks, while that of financial institutions stood at 90%, as of December 31, 2020, the Bank of Algeria announced Sunday.

ALGIERS -Algeria’s foreign exchange reserves are estimated at 42 to 43 billion dollars, President of the Republic, Abdelmadjid Tebboune, said on Monday, ensuring that the country's financial situation doesn’t represent a source of concern.

ORAN (Algeria)- The steel complex Tosyali of Bethioua, Oran (432-km west of Algiers) has exported 27,000 tonnes of reinforcing bars to the United States, the firm's communication department said Monday.

ALGIERS- The national Committee on the assessment of the risks of money laundering, terrorism financing and the proliferation of weapons of mass destruction was installed Monday, in Algiers, by Minister of Finance Aymen Benabderrahmane.

ALGIERS- The 1st International Information and Communication Technologies “ICT Maghreb” will be held from 15 to 17 March at the Palace of Culture Moufdi Zakaria, in Algiers, with the participation of about a hundred of national and international exhibitors, including startups operating in this field.

ALGIERS- The monetary policy implemented by the Bank of Algeria allowed to improve the banking liquidity banking, which increased to above DZD 632 billion in the end of 2020, after having plummeted to below DZD 462 billion in the end of the first nine months of last year.