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Algeria News Gate


France’s Engie Sells Stake in Algeria's Touat Gas Project to Thailand’s PTT Group Amid Political Tensions
Engie sells its Touat gas stake to Thailand’s PTT, raising legal and political concerns amid Algeria-France tensions.
Jan 92 min read


BDL Capital Opening Marks a Milestone for Algeria's Banking Sector
BDL partially opens its capital on January 20, 2025, aiming to modernize Algeria's banking sector and attract diverse investors.
Jan 81 min read


Financial Agreement Secured for "AADL 3" Housing Projects
Financial agreement secured to launch 200,000 "AADL 3" housing units in 2025, with 62% financing and affordable payment plans.
Jan 71 min read


Algeria Explores Renewable Energy Collaboration with Chinese Solar Giant LONGi
Algeria and LONGi discuss solar PV, green hydrogen, and energy storage to boost renewable energy cooperation and localization plans.
Jan 71 min read


Algeria Inaugurates First Microchip Design Plant in Baba Hassen
Algeria opens its first microchip design plant, paving the way for innovation and fostering startups in advanced tech industries.
Dec 31, 20241 min read


Fiat Algérie Unveils the Doblo Panorama at FIA 2024, Denies Launch Rumors
Fiat Algérie unveils the Doblo Panorama at FIA 2024, denies launch rumors, and announces production in Tafraoui by January 2025.
Dec 25, 20242 min read


Sonatrach Signs Framework Agreements with Six Local Holding Companies to Promote National Integration
Sonatrach signs framework agreements with six local industrial complexes to boost local production, reduce imports, and enhance integration.
Dec 23, 20241 min read


Sonatrach Announces National Recruitment Competition Exam Dates and Locations
Sonatrach begins sending summons for its national recruitment exam, set from Dec 29 to Jan 4, 2025, in 10 Algerian provinces.
Dec 22, 20241 min read


Oil Prices Edge Higher Amid Supply Concerns and Sanctions on Iran and Russia
Oil prices rise as sanctions on Iran and Russia fuel supply concerns. Brent hits $73.47, WTI climbs to $70.11 per barrel.
Dec 16, 20241 min read


Bank ABC Algeria Expands Islamic Banking Offerings with New Financing Products
Samir Rezzak, Director of Islamic Banking at Bank ABC Algeria, has announced the development of new financing products, supported by the...
Dec 12, 20241 min read


Fiat Tafraoui Plant in Oran Produces Over 18,000 Vehicles in First Year
The Fiat plant located in Tafraoui, Oran, has achieved a major milestone by producing over 18,000 vehicles since its launch as of...
Dec 12, 20242 min read


Sonatrach Launches Ambitious Project to Plant 420 Million Trees
In a groundbreaking initiative, Algeria’s energy giant Sonatrach has partnered with the Directorate-General of Forests to embark on an...
Dec 12, 20241 min read


Algeria Plans to Restructure Saidal Group to Boost Medicine Production and Self-Sufficiency
ALGIERS – The Minister of Industry, Mr. Sifi Gharib, along with the Minister Delegate in charge of Pharmaceutical Production, Mr. Fouad...
Dec 10, 20242 min read


Algérie Télécom Wins the "Quality Choice 2024 Diamond Award" for Innovation and Service Quality
Algérie Télécom has received the prestigious "Quality Choice 2024 Diamond Award" , an international recognition celebrating innovation...
Dec 10, 20241 min read

Zara Stores Close in Algeria: What You Need to Know
Zara ready-to-wear stores have closed in several Algerian towns, sparking widespread discussion on social media. Numerous videos are...
Dec 10, 20242 min read


Sonelgaz CEO Mourad Ajal Meets World Bank Vice President to Discuss Strengthening Cooperation
Sonelgaz CEO Mourad Ajal met with Ousmane Dion, Vice President of the World Bank for the Middle East and North Africa, on Sunday to...
Dec 9, 20241 min read

BDL to Float 30% Stake on Algiers Stock Exchange
The “Conseil des Participations de l’Etat” (CPE) has approved a 30% partial opening of the capital of Banque de Développement Local...
Dec 6, 20242 min read

Belgian Construction Giant Etex Eyes Investment in Algeria’s Mining Sector
Algiers, Algeria – Belgian multinational Etex, a global leader in construction materials and mining resource exploitation, has expressed...
Dec 6, 20242 min read


Algeria’s Sonatrach Reassures Global Markets After Gas Complex Fire
In the wake of a fire that disrupted operations at the Alrar gas processing complex in Algeria's southeast, Sonatrach, the country's...
Dec 2, 20242 min read

Sonatrach Cancels Samsung Engineering Contract for Hassi Messaoud Refinery, Sinopec Steps In
Sonatrach Replaces Samsung Engineering in $4 Billion Hassi Messaoud Refinery Project On Thursday, November 28, Samsung Engineering...
Nov 29, 20242 min read
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