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Council of the Nation to Debate 2026 Finance Law
The Council of the Nation will convene in a public session tomorrow, Monday, at 9:00 AM at the Council headquarters to present and debate the proposed Finance Law for the year 2026. According to a statement released by the Council, the session will begin with a presentation of the draft la…
Special Hajj Lottery for Seniors Announced in Bechar
Bechar, Algeria – Authorities in the Wilaya of Bechar have announced a special lottery for the Hajj pilgrimage in 2026 (1447 Hijri) specifically for citizens aged 70 and above who have registered for the Hajj ten or more times. This exceptional measure aims to prioritize senior c…
Kim Jong-un Pledges Strategic Assets for North Korean Air Force
North Korean leader Kim Jong-un has announced plans to equip the Air Force with new “strategic military assets.” This move, he stated, will grant the Air Force “new and important responsibilities” in the coming period. The announcement was made during celebrations marking the 80th anniversary of…
Is US Military Action in Venezuela Imminent?
DZWatch Exclusive: Tensions are escalating in the Caribbean as speculation mounts regarding potential US military intervention in Venezuela. Recent developments, including a US military operation dubbed “Southern Lance” targeting drug trafficking in the region, have fueled concer…
Tunisia’s Crisis Deepens Amid Crackdown on Opposition
The political landscape in Tunisia is growing increasingly complex as dialogue between the government and opposition remains absent. President Kais Saied’s continued pursuit of his opponents through legal rulings and procedures, which international observers and human rights organizations deem po…
Ukraine Targets Russian Oil Tankers in Black Sea
Ukrainian naval drones reportedly targeted two Russian oil tankers in the Black Sea, in what Kyiv described as a strike against Russian oil export operations. The incident has drawn condemnation from Turkey, which stated the attacks occurred within its exclusive economic zone. According t…
Algeria Seeks Broader Partnerships to Fuel Economic Growth
Cairo – Algeria is actively pursuing the expansion of its partnerships across a wider range of sectors, aligning with its comprehensive economic revitalization efforts. This commitment was emphasized by Mohamed Tahar Bilal, head of the Algerian parliamentary delegation, during th…
Sonatrach CEO Daoudi Opens Tenure with Chevron Meeting
Algiers – The newly appointed CEO of Sonatrach, Nordine Daoudi, commenced his term by hosting a delegation from the American energy giant, Chevron, at the company’s headquarters on Wednesday. The Chevron delegation was led by Frank Mount, its Executive Director for Corpora…
Oil Prices Surge Following Unexpected Drop in US Crude Inventories
Algiers – Oil prices experienced a notable increase on Wednesday, driven by newly released data indicating a steeper-than-anticipated decline in US crude oil and fuel inventories last week. Brent crude futures rose by 78 cents, a 1.2% increase, settling at $65.18 per barre…
Algeria Implements Prior Authorization for Strategic Sector Share Transfers
Algiers – Algeria has introduced a new regulatory framework requiring prior authorization for the transfer of shares in companies operating within strategic sectors. This move aims to exert greater control over foreign investment and safeguard national economic interests. <p...
African Union Suspends Guinea-Bissau’s Membership After Coup
DZWatch, November 28, 2025 – The African Union (AU) has suspended Guinea-Bissau’s membership from all its bodies, effective immediately. This decision follows the military coup that took place earlier this week, which saw the ousting of President Umaro Sissoco Embaló. The…
Orban Defies EU, Brags About Russian Oil Reliance
Budapest – Hungarian Prime Minister Viktor Orban pledged to continue importing Russian energy during a meeting with President Vladimir Putin in Moscow on Friday, in a move likely to further strain relations with the European Union. During televised remarks, Orban stated,…
New Decree Issued on Strategic Sector Share Transfers
Algiers, November 28, 2025 – A new executive decree regulating the transfer of shares in companies operating within strategic sectors to foreign entities has been published. The decree mandates prior authorization for such transactions. Executive Decree 25-304, signed by…
Oil Prices Stable; WTI Trading Halted Due to Technical Glitch
Oil prices remained relatively stable in trading today, Friday, while trading in West Texas Intermediate (WTI) crude oil was suspended due to a technical malfunction at the Chicago Mercantile Exchange (CME). During the morning session, Brent crude futures for January delivery experienced…
Oil Prices Poised for Steepest Monthly Drop Since 2023
Global oil prices are on track to record their most significant monthly losses in over two years, signaling a shift in supply and demand dynamics. This downturn comes as market participants eagerly await the outcome of this week’s pivotal OPEC+ meeting and assess the impact of ongoing diplomatic…
Oil Prices Rebound After Three-Day Dip
Oil prices experienced a modest rebound on Wednesday, interrupting a three-day slide that had unsettled markets. The uptick offers a slight reprieve after concerns about global demand had pushed prices lower earlier in the week.Brent crude futures saw an increase of 20 cen…
Gold Prices Surge Amid Renewed Investor Interest
Algiers, October 29, 2025 – Gold prices experienced a notable upswing today, fueled by increased buying activity following a recent dip to a three-week low. The precious metal rebounded strongly as investors sought safe-haven assets. Spot gold prices rose by 0.7% to reach…
Gara Djebilet-Bechar Railway Line Set to Launch in January 2026
The railway line connecting Gara Djebilet and Bechar is scheduled to be inaugurated in January 2026, according to Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab. This announcement highlights significant progress in overcoming infrastructure challenges associated with major p…
Minister Outlines Mining Sector Development Strategies
Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, presented a detailed overview of strategies for developing Algeria’s mining sector to the National People’s Assembly’s Committee on Economic Affairs, Development, Industry, Trade, and Planning on Thursday. The session, chaired…
Lebanon and Cyprus Sign Landmark Maritime Border Agreement
Beirut, Lebanon – Lebanon and Cyprus have officially signed an agreement demarcating their maritime borders concerning their respective Exclusive Economic Zones (EEZ). The signing ceremony took place at the Lebanese Presidential Palace in Beirut. Both nations hailed the agreement as histor…
