Satellite images confirm Iran’s underground construction boom at Pickaxe Mountain, a site near Natanz already under Western intelligence scrutiny. The acceleration of work—documented by U.S. analysts—raises alarms about a potential undeclared nuclear enrichment facility. For Algeria, this development is not just a regional security concern. It is a direct threat to trade, investment, and financial … Read more
Recap: Five trends in seven days Housing: State programs fail to close the gap The state subsidizes social housing at DZD 3.5 million per unit (≈$25,500). Market-rate apartments in Algiers start at DZD 12 million (≈$87,500). Rental yields in the capital average 5.2% annually, down from 6.8% in 2020. Energy: Hydrocarbons fund the budget, but … Read more
Algeria’s informal housing crisis, long overshadowed by official narratives of urban development, is emerging as a critical frontier for entrepreneurs and investors. Recent reports from As-Safir Al-Arabi and local housing authorities highlight the scale of the challenge: over 1.5 million Algerians live in slums, known locally as bidonvilles, concentrated in the wilayas of Algiers, Oran, … Read more
Weekly trends: state-led initiatives, energy partnerships, and low election turnout Algeria’s economic activity this week centred on state-driven projects and foreign partnerships. The government launched tenders for 50,000 metric tons of soft milling wheat. Sonatrach and Eni signed agreements to reduce oil and gas emissions. Vietnam and Algeria explored trade and investment cooperation. Meanwhile, legislative … Read more
Algeria’s government recently issued the country’s first sovereign Sukuk, raising $2.3 billion to reduce pressure on public finances and accelerate social housing programs. The transaction, led by the Ministry of Finance under President Abdelmadjid Tebboune, marks a shift from conventional debt to Islamic finance instruments aimed at tapping into local and diaspora liquidity while complying … Read more
Algiers’ real estate bottleneck is suffocating startups and SMEs. While the state-backed Caisse Nationale du Logement (CNL) promises 2.5 million homes by 2026, entrepreneurs say they cannot wait. Rents in the capital have climbed 40 % since 2020, eating 30 % of fledgling firms’ monthly revenues. Founders who once split shared offices in El-Harrach now … Read more
The Algerian government’s recent push to overhaul its housing sector is creating unexpected openings for entrepreneurs, property developers, and the Algerian diaspora. While the country’s chronic housing shortage remains a political and social flashpoint, officials under President Abdelmadjid Tebboune are quietly shifting policy to attract private capital—moves that could reshape the real-estate landscape in Algiers, … Read more
On 12 June 2025 the European Union added Algeria to its list of jurisdictions with strategic deficiencies in anti-money laundering and counter-terrorist financing (AML/CFT). The decision, published in the Official Journal of the EU, places Algiers alongside Lebanon and removes the United Arab Emirates from the same list. For Algeria’s real-estate sector, the move has … Read more