Business News

Economic Public Enterprises Exempted from the Procurement Mechanism

A New Public Procurement Code Upon approval by the Council of Ministers end 2012, the new Public Procurement Code was enforced by a Presidential Decree published in the first issue […]

Foreign trade: A surplus of USD 23 billion for the first ten months of 2012 (Customs Office)

Algeria’s foreign trade has shown a surplus of $23.322 billion for the first ten months of 2012 against $18.43 billion for the same period of 2011, up by 26 percent, […]

Portugal and Spain to Build 100,000 Homes in Algeria

Portugal and Spain will build 100,000 homes in Algeria through the creation of joint ventures with local partners. This is how the government hopes to boost housing. Algeria has commissioned […]

Increase in the number of foreign companies and traders established in Algeria

The total number of foreign companies and traders operating in Algeria reached 6,454 operators in 2008 compared to 5,386 in 2007, according to the data from the National Trade Register […]

Algeria adopts a very good policy by financing the development projects

Algeria is adopting a “very good” economic policy by continuing to finance the development projects despite the crisis which has shaken the global economy, indicated in Algiers the deputy director […]

Complementary Finance Law 2009

Increase in expenditure and new measures for investment and employment The 2010 Finance Bill, adopted by the Council of Ministers, provides for an increase in budgetary expenditure and puts in […]