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Algeria News Gate


Algerian Dinar Strengthens: Euro and Dollar Exchange Rates Drop in Black Market
Foreign currency rates drop in Algeria’s black market, with the euro at 25,700 DZD and the dollar at 24,500 DZD in Port Said Square.
Dec 15, 20241 min read


Algeria’s Recent Currency Reforms: Are They Finally Solving the Black Market Problem?
Algeria is taking bold steps to tackle its black market in foreign currency. A key measure is the recent increase in the annual tourist...
Dec 12, 20242 min read


Finance Minister Laaziz Fayed and Trade Minister Tayeb Zitouni Collaborate to Combat Informal Markets
The Minister of Finance, Laazi Fayed, chaired a joint coordination meeting with the Minister of Internal Trade and Market Control, Tayeb...
Dec 10, 20242 min read


Algeria Launches Committee to Resolve Agricultural Land Issues
The Minister of Agriculture, Rural Development, and Fisheries, Youssef Cherfa, officially inaugurated the National Committee for the...
Dec 9, 20242 min read


Algeria and EU to Revise Association Agreement: A Shift Towards Balanced Trade and Cooperation
Algiers — Algeria and the European Union (EU) have announced plans to revise their Association Agreement, which has been in effect since...
Dec 8, 20242 min read


7,500-Euro Limit: Can Algeria Regulate Its Informal Currency Market?
Algeria has recently imposed a new regulation limiting the amount of foreign currency travelers can carry out of the country to 7,500...
Dec 1, 20242 min read


Algeria to Ban Durum Wheat Imports as of 2025
President Tebboune Announces Major Reforms in Agricultural Land Tenure and Durum Wheat Production On Tuesday, November 26, President...
Nov 27, 20242 min read


Algeria’s $80 Oil Gamble: What the 2025 Budget Means for the Future
Algeria’s 2025 State Budget, recently approved by Parliament and signed by President Abdelmadjid Tebboune, paints a complex picture of...
Nov 26, 20243 min read


How Turkey Became Algeria’s Top Investor: The Billion-Dollar Story
Turkey has emerged as Algeria’s leading foreign investor in non-hydrocarbon sectors, with trade between the two nations amounting to...
Nov 25, 20242 min read


Bank of Algeria Introduces New Framework for Digital Banking Operations
Key Points: • Foreign Participation Restricted: No foreign bank branches or 100% foreign-owned digital subsidiaries allowed in Algeria....
Nov 23, 20243 min read


Euro and Dollar Skyrocket on Algeria’s Black Market Amid Soaring Demand!
Algiers, Algeria – The euro and the US dollar continue to rise sharply against the Algerian dinar on Algeria's black currency market,...
Nov 21, 20242 min read


Major Changes Announced for Selling Imported Cars Under 3 Years in Algeria!
The provision restricting the sale of imported cars in Algeria under three years old for a period of three years, initially proposed in...
Nov 14, 20243 min read


New Strategy to Enhance Algerian Dinar Exchange Rate Unveiled by Finance Minister
The Minister of Finance, Mr. Laaziz Faid, announced in Algiers on Wednesday that a comprehensive new strategy is under consideration to...
Nov 7, 20241 min read


Algerian Customs Launches New Information System for Travelers.
Algiers - The Directorate General of Customs (DGD) has announced the launch of a new information system specifically designed for...
Nov 2, 20242 min read


Algeria's Maritime Makeover: Transport Minister Unveils Bold Plan to Revamp National Fleet and Compete Globally!
The Minister of Transport, Mohamed El-Habib Zahana, emphasized the necessity of establishing a favorable environment for Algeria's...
Oct 30, 20242 min read


Algeria and Qatar Strengthen Economic Ties: Algerian-Qatari Business Forum and Product Exhibition Opens in Doha
In Doha, the Algerian Minister of Trade and the Promotion of Exports, Tayeb Zitouni, led the opening of the Algerian-Qatari business...
Oct 24, 20241 min read


Algeria Pours $44.6 Billion into Public Projects—Here’s Who Benefits!
Algiers - The Director General (DG) of the Treasury and the Accounting Management of Financial Operations of the State at the Ministry of...
Oct 23, 20242 min read


President Tebboune Calls for a New Price Cap System to Boost the National Product Market
Algiers - The President of the Republic, Mr. Abdelmadjid Tebboune, instructed during the Council of Ministers meeting he chaired on...
Oct 21, 20241 min read


Tunis Stock Exchange: Exploring Opportunities to Enhance Cooperation with Algiers Stock Exchange
Algiers - A delegation from the Tunis Stock Exchange visited the Algiers Stock Exchange on Sunday to explore ways to enhance cooperation...
Oct 20, 20241 min read


Stellantis’ Fiat Plant in Oran Marks Major Production Milestone
The Stellantis group's Fiat plant in Oran, Algeria, continues to make impressive strides, achieving a notable daily output of 350...
Oct 8, 20241 min read
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