Business & Economy Bound

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.

Algeria has formally launched its 5G mobile network in Algiers, with licenses granted to the country’s three major carriers—Mobilis, Djezzy, and Ooredoo. Over a planned six‑year rollout, coverage will expand from priority regions to the rest of the country, supporting faster data speeds, low‑latency services, and new applications in sectors such as agriculture, urban management, and industry.

The trial of 25 senior figures from Algeria’s state-run metals group Imetal, including former executives and public officials, is set to begin on November 24 in Algiers. The case involves allegations of large-scale corruption, public fund diversion, and favoritism in public contracts, exposing deeper risks of opaque management in Algerian state-run industries. Prosecutors say the scandal contributed to production losses and repeated breakdowns at strategic facilities.

A nationwide banking strike in Tunisia has halted operations across major institutions as employees protest falling living standards and demand wage hikes