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Algeria’s Non-Hydrocarbon Exports Surge 16% as New Export Drive Targets 17 Countries
Algeria’s non-hydrocarbon exports have surged by 16% during the first quarter of 2025, a clear reflection of the national strategy to diversify the economy and reduce dependency on oil and gas revenues. Abdellatif El-Houari, Central Director at the Ministry of Foreign Trade and Export Promotion, told dzwatch that…
Algeria Launches ‘Algeria Bid Round 2026’ to Boost Energy Investment
Algeria has officially launched the Algeria Bid Round 2026, reaffirming its commitment to supporting partners at every stage — from bid document acquisition to contract signing. Minister of State for Hydrocarbons Mohamed Arkab told dzwatch that the initiative marks a new and significant phase in Algeria’s hydrocarbon…
Trump Administration Renews Temporary Sanctions Waiver on Russian Oil Purchases
The Trump administration has renewed a temporary waiver allowing countries to purchase Russian oil and petroleum products already loaded at sea, extending the exemption from April 17 to May 16. The U.S. Treasury Department published the authorization on its official website, replacing a previous 30-day waiver that…
Algeria Accelerates Jijel-Setif Expressway: Minister Orders Removal of All Obstacles
Minister of Public Works and Infrastructure, Abdelkader Djellaoui, chaired a high-level coordination meeting this Saturday at the ministry’s headquarters, dedicated to monitoring progress on the 110-kilometer Jijel–El Eulma expressway project. The meeting brought together central ministry officials, the Director…
14,800 Sheep Arrive at Annaba Port from Romania in Tebboune’s Million-Head Livestock Import Drive
A cargo vessel docked Friday evening at the Port of Annaba carrying 14,800 sheep imported from Romania, as part of President Abdelmadjid Tebboune’s ambitious program to import one million head of livestock ahead of Eid al-Adha. The vessel JULIA AK berthed at quay 21/22, delivering the imported sheep destined to meet…
EU Faces Recession Risk Amid Middle East Crisis, IMF Warns
The Director of the European Department at the International Monetary Fund (IMF), Alfred Kammer, has warned that the European Union could find itself on the brink of recession due to the ongoing Middle East conflict. “In the most severe scenario outlined in the World Economic Outlook report, which anticipates a…
IEA Chief Warns of Catastrophic Energy Crisis if Strait of Hormuz Remains Closed
The Executive Director of the International Energy Agency (IEA), Fatih Birol, has issued a stark warning to dzwatch about the devastating consequences of a prolonged closure of the Strait of Hormuz, cautioning that oil and gas prices could skyrocket and that Europe could run out of jet fuel within just six weeks…
Oil Prices Slip Early Friday as Gains From Previous Session Erode
Oil prices edged lower in early Friday trading, giving back some of the gains recorded in the previous session. Brent crude futures dropped by $1.34, or 1.35%, settling at $98.05 per barrel, while West Texas Intermediate (WTI) futures fell $1.65, or 1.74%, to trade at $93.40 per barrel. The dip comes after oil prices…
Algeria and UNICEF Move to Strengthen Pharmaceutical Cooperation for Africa
Algeria’s Minister of Pharmaceutical Industry, Wassim Kouiidri, held high-level talks Thursday with UNICEF’s Regional Director for the Middle East and North Africa, Edouard Voislav Beigbeder, alongside UNICEF’s Algeria office representative, Katrina Johansson. Officials told dzwatch the meeting focused on deepening…
Algeria to Host Second African Export & Logistics Conference on April 21
Algeria is set to host the second edition of the African Export and Logistics Conference on April 21, 2026, at the Sheraton Club des Pins Hotel in Algiers, starting at 9:00 AM. The event is held under the patronage of the Minister of Foreign Trade and Export Promotion. The conference aims to explore opportunities and…
Gas Exporting Countries Forum: Natural Gas Demand to Surge 31% by 2055
The Gas Exporting Countries Forum (GECF) projects global natural gas demand will soar by 31%, reaching 5,417 billion cubic meters by 2055, driven by macroeconomic growth, energy system transitions, and decarbonization requirements. According to the GECF Global Gas Outlook 2055, demand will grow at an annual rate of…
Algeria Unlocks Private Investment Zones: A New Industrial Era Begins
The Algerian Agency for Investment Promotion has launched a groundbreaking initiative to enable private operators to develop integrated industrial and activity zones on privately owned land — a bold shift toward diversifying real estate offerings dedicated to investment. In this context, the Agency held a working…
Sonatrach CEO Meets South Korean Deputy Minister, Eyes Major Long-Term Energy Partnership
Sonatrach President and CEO Nour-Eddine Daoudي held a high-level meeting Tuesday at the group’s headquarters with Park Jong-han, South Korea’s Deputy Minister for Economic Affairs and Special Envoy of the South Korean Foreign Minister, in the presence of senior Sonatrach executives and a delegation of South Korean…
Algeria and Jordan Strengthen Energy Partnership in High-Level Talks
Algeria’s Minister of State for Hydrocarbons, Mohamed Arkab, held a video conference Tuesday with Jordan’s Minister of Energy and Mineral Resources, Saleh Ali Hamed Al-Kharabsheh, in a meeting that signaled deepening bilateral energy cooperation. The two ministers reviewed cooperation frameworks in the hydrocarbons…
Algeria and Jordan Strengthen Energy Partnership in High-Level Hydrocarbons Talks
Algeria’s Minister of State for Hydrocarbons, Mohamed Arkab, held talks on Tuesday with Jordan’s Minister of Energy and Mineral Resources, Saleh Ali Hamed Al-Kharabsheh, to explore ways of bolstering bilateral cooperation in the energy sector. The video conference, attended by Jordan’s Ambassador to Algeria and senior…
BP Secures Exploration License in Algeria’s Eastern Basin
Algeria’s National Agency for Hydrocarbon Resources Valorization (ALNAFT) has granted British Petroleum (BP) an exploration license covering the country’s Eastern Basin, marking a major milestone in Algeria’s energy sector expansion. In an exclusive statement to dzwatch, ALNAFT confirmed the deal, describing BP’s…
Algeria Exports Nearly 4,000 Tons of Cement to Europe in Major Trade Push
The Port Authority of Skikda has announced a significant export operation involving approximately 3,800 tons of cement, packaged in large bags and destined for European markets, marking a major milestone in Algeria’s drive to diversify its export base beyond hydrocarbons. The operation, carried out in line with…
Algeria’s Sovereign Sukuk Hit 80% Subscription Rate in Just Two and a Half Months
Algeria’s Minister of Finance, Abdelkrim Bouzerzour, announced on Sunday in Algiers that approximately 80% of the sovereign sukuk issued by the Public Treasury in late January have already been subscribed, marking a landmark milestone in the country’s financial history. Speaking exclusively to dzwatch during a public…
Madrid Hosts Algeria-Spain Business Summit, Sealing Major Economic Partnership
The Spanish capital Madrid hosted a high-level working meeting between Algerian economic representatives and Spain’s Secretary of State for Trade, Amparo López, in the presence of Algeria’s Ambassador to Spain, marking a new milestone in bilateral relations. The meeting followed the signing of a Memorandum of…
Algeria Launches Major Digital Overhaul of Hydrocarbons Sector to Secure Supply and Boost Public Services
Algeria’s Ministry of Hydrocarbons held a high-level coordination meeting Sunday with the High Commission for Digitalization, focused on developing an integrated information system to monitor national market supply and elevate public service quality. The meeting, chaired by Minister of State for Hydrocarbons Mohamed…
