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ALGIERS – The first training session in exporting has been launched Sunday in Algiers in the benefit of economic operators. The training is provided by the World Trade Center Algiers (WTC) and the National Agency for Foreign Trade Promotion (Algex).
ALGIERS- Algeria's trade balance showed a deficit of US$4.84 billion in the first half of 2017 against US$10.57 billion during the same period in 2016, down by 54.15%, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS.
ALGIERS- The evolution of the average annual rate of consumer prices stood at 6.5% until late June 2017, the National Statistics Office told APS.
ALGIERS- About twenty projects worth more than €200 million were jointly identified by Algeria and the European Union (EU) to support the diversification of the national economy, some of which have already been carried out, said Thursday, in Algiers, Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn.
ALGIERS- Minister of Industry and Mining Mahdjoub Bedda has received, Wednesday in Algiers, Iranian Ambassador to Algeria Reda Amiri, with whom he discussed prospects for economic partnership, as well as the project of the Iranian car manufacturer SAIPA in Algeria, said Thursday the Ministry in a communiqué.
ALGIERS – Ministry of Industry and Mines, Mahdjoub Bedda, received Wednesday in Algiers Italy’s ambassador Pasquale Ferrara who voiced the willingness of the Italian car manufacturer Fiat Chrysler to settle in Algeria through a project of car assembly unit, said Thursday a communiqué of the ministry.
HASSI MESSAOUD- Group Sonatrach must find an alternative so generate revenue from its facilities as oil prices are still low, said Wednesday in Hassi Messaoud CEO of the National Oil Group Abdelmoumen Ould Kaddour.
GASSI TOUIL-Sonatrach seeks a new economic approach based on domestic processing of raw materials of hydrocarbons with a view to creating an added value and jobs, said Wednesday CEO of Sonatrach group Abdelmoumen Ould Kaddour.
BRUSSELS- Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes is on a visit to Algeria to “reiterate the support” of the European Union (EU) to the diversification of the country’s economy, announced Wednesday the European Commission in a communiqué.

GDP growth hits 3.7% in Q1 2017

Wednesday, 19 July 2017 14:33
ALGIERS- Algeria's GDP (gross domestic product) growth went up by 3.7% in the first quarter of 2017 compared to the same period a year earlier, the National Statistics Office (ONS) told APS Wednesday.

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