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OPEC+ Alliance to Increase Oil Production by 206,000 Barrels Per Day
Algeria participated on Sunday via videoconference in ministerial meetings dedicated to monitoring the implementation of evaluation and follow-up mechanisms related to the decisions of countries participating in the OPEC+ Declaration of Cooperation. According to a statement from the Ministry of Energy and Mines…
Bank of Algeria: Exchange rates for banknotes for this week
The Bank of Algeria has announced the exchange rates for banknotes and traveler’s checks in Algerian Dinars, valid from April 5 to 11, 2026. According to the bank, the exchange rate for 1 US Dollar is set between 130.92 and 138.91, while 1 British Pound is valued between 172.99 and 183.60. For 100 Japanese Yen,…
Hydrocarbons: Initiative Launched to Create Forum for African Regulatory Bodies
The Hydrocarbon Regulatory Authority, along with the African Petroleum Producers’ Organization, discussed the launch of an initiative to create a forum for hydrocarbon sector regulatory bodies on the continent. According to a statement from the authority, this occurred during a meeting where the President of the…
Agreement Signed to Acquire 331 Harvesters and 1,800 Tractors
The Minister of Agriculture, Rural Development, and Fisheries, Yacine Oualid, oversaw the signing ceremony of an agreement in the province of Sidi Bel Abbes between the Agricultural Equipment Marketing Company (PMAT TRADING) and AGRO DRIVE, a subsidiary of the Agrodiv Group, for the acquisition of 331 harvesters and…
Pharmaceutical companies mandated to market their stocks
The Ministry of Pharmaceutical Industry has mandated drug producers to begin marketing their stocks of products currently experiencing “tension or shortage” before next Monday to ensure the stability of the national market supply. The ministry explained that a study and verification of data provided by specialized…
Micro-enterprises possess the necessary skills to support state efforts
Nourredine Ouadah, Minister of Knowledge Economy, Startups and Micro-enterprises, emphasized the significant role that startups and micro-enterprises play in establishing a new model for construction projects in the country. This model is based on rationalizing energy consumption and integrating modern technologies…
Hidaoui: The Blue Economy has become a conviction taking root among youth
Mustapha Hidaoui, the Minister of Youth in charge of the High Council for Youth, oversaw the opening of the National Forum for Sustainable Economy on Saturday in Skikda. The event was held under the theme “Investment Opportunities, Environmental Sustainability, and Youth Empowerment.” In his speech, Hidaoui emphasized…
Gitex Prepares to Launch Partnerships with International Brands
The Textile and Leather Holding Company (Gitex) intends to conclude contracts with international brands in the local clothing and footwear industry to strengthen the public group’s position and promote national products at regional and international levels. Gitex has initiated exploration and negotiation processes…
Gitex: Preparing to Launch Partnerships with International Brands
The Textile and Leather Holding Company (Gitex) plans to sign contracts with international brands in the local clothing and footwear industry to strengthen the public group’s position and promote national products at both regional and international levels. CEO Toufik Berkani stated that Gitex has initiated exploration…
AADL 3: Interest-free loans to pay the first installment
Minister of Finance, Abdelkrim Bouzard, confirmed on Thursday that social services committees of several public institutions will provide interest-free loans to their employees enrolled in the AADL 3 program to cover the first installment. In a written response to a parliamentary question, Minister Bouzard explained…
Resumption of the direct Algiers-Addis Ababa flight route
On Thursday, the Air Algérie flight route connecting Algiers and Addis Ababa was officially relaunched, in a step reflecting a strategic direction toward strengthening Algeria’s air connectivity with the African continent. Algeria’s Ambassador to Ethiopia and Permanent Representative, Mohamed Khaled, oversaw the…
Oil prices rise by more than 7.7%
Oil prices recorded a significant increase at settlement on Friday, amid concerns over supply disruptions as the war in the Middle East continues. Brent crude futures rose by $7.87, or 7.78%, to settle at $109.03 per barrel. U.S. West Texas Intermediate (WTI) crude futures also climbed by $11.42, or 11.41%, to reach…
Ministerial directive to process appeals regarding unemployment allowance eligibility
The Minister of Labor, Employment, and Social Security, Abdelhak Saihi, directed on Thursday the necessity of addressing appeals from young people who were unable to benefit from the unemployment allowance. During an inspection visit to the Algiers branch of the National Social Insurance Fund for Salaried Workers and…
New measures to enhance the performance of Algérie Poste
Several measures were taken on Thursday aimed at improving working conditions and enhancing performance within Algérie Poste. According to a statement from the relevant ministry, this was decided during a meeting dedicated to studying professional and social files related to the institution’s employees. The meeting…
Agreement between Sonarem and Chadian company Sonemic
The Mining Industrial Group (Sonarem) signed a protocol of agreement with the Chadian company Sonemic to enhance cooperation in geological research, exploration, and mining exploitation, according to a statement from the group on Thursday. The signing ceremony took place at Sonarem’s headquarters under the supervision…
“ALNAFT” Announces Launch Date for International “Bid Round” Tender
The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) announced on Wednesday that the official launch date for the next “Bid Round” international tender will be April 19, 2026, explaining that this process will include seven exploration areas. The statement indicated that this new phase is part of…
“Urgent” training course for harvester drivers nationwide
Yacine Walid, Minister of Agriculture, Rural Development and Fisheries, and Nassima Arhab, Minister of Vocational Training and Education, chaired a coordination meeting on Wednesday regarding training in agricultural mechanization. During the meeting, a joint action plan was established to train trainers and…
Algeria Discusses the African Energy Bank Project
Minister of State and Minister of Hydrocarbons and Mines, Mohamed Arkab, received on Wednesday the Secretary General of the African Petroleum Producers Organization (APPO), Farid Ghazali, who is on a working visit to Algeria. The visit coincides with his participation in the eighth conference of the Algerian Gas…
Algeria-Qatar: Accelerating the pace of the “Baladna” milk project in Adrar
Today, Wednesday, Yacine Oualid, Minister of Agriculture and Rural Development, received Moutaz Al-Khayyat, Chairman of the Board of Directors of the Qatari Estithmar Holding Group, in the presence of the Qatari Ambassador to Algeria, Abdulaziz Ali Al-Naama, along with the Chairman of the Board of Baladna Algeria…
Algeria-Tunisia: Increasing Cooperation in Hydrocarbon Production, Marketing, and Electricity Transmission
Minister of State, Minister of Hydrocarbons and Mines Mohamed Arkab, and Minister of Energy and Renewable Energies Mourad Adjal, received on Wednesday the President of the Tunisian National Council of Regions and Districts, Imed Derbali, who is on an official visit to Algeria leading a parliamentary delegation. The…
