Business & Economy Bound

The euro and the US dollar are trading at record levels on Algeria’s parallel currency market, widening the gap with official rates to more than 100%.

Chinese state-linked logistics and trade group Wuhan Yangluo Port Services is assessing projects in Tunisia, with a focus on upgrading trade-related institutions and using the country as a potential platform for reaching African markets, signaling a move from exploratory visits toward more concrete scoping of regional logistics roles.

A new agricultural agreement between Morocco and the European Union has ignited a tense dispute over tomato imports, origin labeling, and Western Sahara. European farmer groups accuse Moroccan exporters of unfair competition and misuse of labeling rules, while Moroccan producers argue that they are simply meeting a growing EU demand that local producers cannot fully supply.

Algeria has announced an increase in its national minimum wage, lifting it from 20,000 to 24,000 dinars per month starting in January 2026, alongside a rise in unemployment benefits from 15,000 to 18,000 dinars. The measures are presented as part of a broader effort to strengthen social protections and address rising living costs in a hydrocarbon‑dependent economy.