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Trans-Saharan Gas Pipeline: Africa’s Alternative “Artery”
The African Petroleum Producers’ Organization (APPO) has highlighted the importance of the Trans-Saharan Gas Pipeline (TSGP) project, which connects Nigeria to Algeria via Niger, as a structural initiative that will enhance the continent’s position as a pivotal player in the global market balance. In an editorial…
Sonelgaz Gas Transport Maintains International Quality Certification
The Algerian Electricity and Gas Company – Sonelgaz Gas Transport has successfully maintained the ISO 9001:2015 international quality management system certification for the second consecutive year, following the successful completion of the second external follow-up audit. This achievement was announced during the…
Economic operators invited to participate in SIAL Canada exhibition
The Algerian Investment Promotion Agency issued a statement on Monday inviting Algerian economic operators active in the food industry to participate in the international food exhibition “SIAL Canada 2026.” The event is scheduled to take place from April 29 to May 1, 2026, in Montreal, Canada, with the aim of…
Oil prices exceed $100 per barrel
Oil prices have surpassed the $100 per barrel mark for the first time in more than three and a half years. Brent crude reached $101.19 per barrel shortly after trading resumed on the Chicago Mercantile Exchange, rising 9.2 percent from last Friday’s closing price of $92.69. West Texas Intermediate (WTI) was sold at…
Gold prices decline
Gold prices fell on Monday as the US dollar and Treasury yields rose, reducing the precious metal’s appeal and increasing the cost of holding it for investors. Spot gold fell by 1.7 percent to $5,082.51 per ounce, while US gold futures for April delivery dropped by 1.4 percent to $5,099.40. Silver prices also fell by…
Algeria Has the Most Resilient Food System in Africa
Algeria has been ranked as the top African country with the most resilient food system, according to the Resilient Food Systems Index (RFSI) issued by the British think tank Economist Impact. In this ranking, which evaluates 60 countries worldwide, Algeria holds the 32nd position globally with a score of 64.66 points…
Number of Women Registered in the Commercial Register Increases by 37 Percent
Economic activity has seen a significant increase in women’s participation in recent years, with the number of women registered in the commercial register rising by 37 percent compared to the end of 2019. This reflects a notable growth in female entrepreneurship. According to statistics from the National Center of the…
Oil prices could rise above $100
Goldman Sachs stated that oil prices are likely to exceed $100 per barrel next week if no signs emerge of a resolution to the severe crisis disrupting oil flows through the Strait of Hormuz. According to Reuters, the bank intends to reconsider its oil price forecasts soon if no evidence supports its assumption of a…
Casualties in an accident at a Sonatrach facility
Sonatrach Group announced in a statement a tragic accident this morning involving a snubbing unit belonging to the National Well Services Company at the Hassi Messaoud field. The group’s statement reported that the accident resulted in the death of two workers, in addition to the injury of four others who were…
General Union of Algerian Merchants and Artisans Praises President Tebboune’s Decisions
The General Union of Algerian Merchants and Artisans praised on Sunday the strict instructions issued by the President of the Republic regarding the intensification of daily field monitoring to combat illegal speculation, particularly in certain fruits and imported meats. These measures include blacklisting those…
Speculators in Imported Fruits and Meats Banned from Commercial Activity
During a Council of Ministers meeting today, President Abdelmadjid Tebboune directed daily field monitoring with maximum rigor against speculators in certain imported fruits and meats. A statement following the meeting reported that President Tebboune ordered the immediate blacklisting of those involved, permanently…
Oil prices exceed $90
Global oil prices recorded a sharp jump on Friday, as Brent crude surpassed the $90 per barrel mark for the first time since April 2024, while U.S. West Texas Intermediate (WTI) rose by more than 8% to reach $87.51. This record increase followed statements by U.S. President Donald Trump, in which he emphasized that he…
Oil Prices Rise by 5%
Oil prices rose by more than 5% at the close of trading on Thursday, March 5, continuing to gain for the fifth consecutive session as the risk of supply disruptions from the Arabian Gulf increased. This comes amid the escalation of the U.S.-Israeli war with Iran, which has raised fears of prolonged disruptions to…
Partnership Agreement Between Agricultural Cooperation Fund and Exporters Association to Promote Exports
The National Fund for Agricultural Cooperation and the National Association of Algerian Exporters signed a strategic partnership agreement aimed at supporting national agriculture in international markets and enhancing the presence of Algerian agricultural products in the export sector, according to a statement from…
Coordination between six ministerial sectors to accelerate the completion of the southern railway line
The Minister of Public Works and Infrastructure, Abdelkader Djellaoui, chaired a meeting of the High Joint Ministerial Committee on Tuesday in Algiers. The committee is responsible for monitoring the financing and implementation procedures of the railway project connecting Laghouat, Ghardaia, and El Menia, spanning a…
Preparatory meeting to begin exploitation of the zinc and lead mine in Bejaia
The Wali of Bejaia, Kamel Eddine Kerbouche, chaired a coordination meeting on Wednesday to finalize the arrangements before launching the zinc and lead mine exploitation project located between the municipalities of Tala Hamza and Amizour in the coming days. The meeting was attended by the CEO of the Sonarem Group…
Algeria and Côte d’Ivoire Agree to Update Laws in Preparation for Energy Agreements
The Minister of State and Minister of Energy and Mines, Mohamed Arkab, held a video conference on Wednesday with the Ivorian Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa Coulibaly. The meeting was attended by the Secretary of State to the Minister of Energy and Mines in charge of Mines, Karima Bakir…
QatarEnergy declares state of force majeure
QatarEnergy has announced a state of “force majeure” and the suspension of gas production and related products. In a statement released on Wednesday, the company confirmed it has notified affected procurement customers regarding the declaration and the cessation of production. This decision comes in the wake of…
Gold prices decline
Gold prices fell sharply during Tuesday’s trading, following fluctuations caused by the conflict in the Middle East. The pace of the decline accelerated during yesterday’s session, as the price of gold for April delivery dropped by $183.80, or 3.5%, to $5,127.80 per ounce.
Sonelgaz Places Its Expertise at the Disposal of Niger’s Nigelec
A technical team from the Nigerien electricity company, Nigelec, arrived in Algiers on Tuesday to undergo integrated training at a subsidiary of Sonelgaz. The program aims to provide the team with the necessary expertise to operate power plants that Algeria plans to construct in Niger. According to a statement from…
