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Algeria and African Development Bank Explore Enhanced Strategic Cooperation
Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, has explored avenues for strengthening cooperation between Algeria and the African Development Bank (AfDB) during a meeting with the Bank’s President, Sidi Ould Tah. Discussions centered on strategic areas including the…
Minister Seioud Meets African Development Bank President
Algiers, November 17, 2025 – The Minister of Interior, Local Authorities, and Transport, Mr. Saïd Seioud, today received Mr. Sidi Ould Tah, President of the African Development Bank (AfDB) Group, at the ministry headquarters. According to a ministry statement, the meeting…
EU Growth Forecast for Eurozone Downgraded for 2026
Brussels – The European Commission has revised its economic growth forecast for the Eurozone downwards for 2026, DZWatch has learned. The updated projections, released Monday, indicate a more subdued outlook for the 20-nation economic area. The Commission now anticipates a growth rate of…
Algeria and African Development Bank Explore Transport and Infrastructure Collaboration
Algeria is exploring strengthened collaboration with the African Development Bank (AfDB) in the crucial sectors of transport and infrastructure. Minister of Interior, Local Authorities, and Transport, Said Sayoud, met with the President of the AfDB Group, Dr. Sidi Ould Tah, to discuss potential p…
African Development Bank Hails Algeria’s Development Model
Algiers – The African Development Bank (AfDB) has lauded Algeria’s developmental vision under the leadership of President Abdelmadjid Tebboune, recognizing the nation as a benchmark for progress in Africa. Dr. Sidi Ould Tah, President of the AfDB, highlighted Algeria’s advancemen…
Algeria, African Development Bank Forge Promising Energy Alliance
Algiers – Algeria and the African Development Bank (AfDB) are poised to strengthen cooperation in key energy and infrastructure projects across the continent. The announcement follows a high-level meeting in Algiers between Algerian Minister of Hydrocarbons and Mines, Mohamed Ark…
Chile Heads to Presidential Runoff Amidst Deep Political Divisions
Chile is gearing up for a presidential runoff election on December 14th, following a fiercely contested first round of voting that revealed a profound divide between the left and right wings of the country’s political spectrum. The election, held yesterday, Sunday, November 16th, failed to produc…
Fiat Algeria Warns Customers of Emerging Fraudulent Schemes
Fiat Algeria has issued a warning to its customers regarding recent reports of fraudulent activity. The company has become aware of individuals posing as representatives of Fiat Algeria, contacting customers and requesting sensitive financial information such as bank account deta…
President Tebboune Meets AfDB Chief to Discuss Economic Cooperation
President Abdelmadjid Tebboune received Dr. Sidi Ould Tah, President of the African Development Bank (AfDB) Group, on Sunday for discussions focused on strengthening cooperation and partnership between Algeria and the prominent African financial institution. The meeting, held at the Presi…
Swiss Economy Minister Defends US Trade Framework Agreement
The Swiss Federal Councillor for Economic Affairs, Guy Parmelin, has defended the recently agreed upon framework for trade and tariff reductions with the United States, stating that Switzerland has not made a “deal with the devil.” Parmelin refuted criticism suggesting the agreement amounted to a…
UK Announces Sweeping Overhaul of Asylum Policy
London – The United Kingdom has unveiled a comprehensive reform of its asylum policy, signaling a move towards a more stringent approach to immigration. The announced changes aim to deter irregular migration and streamline the removal of individuals deemed ineligible to remain in the country….
Morocco: Millions Face Dire Poverty Amid Economic Concerns
Rabat, October 18, 2025 – Over 2.5 million Moroccans are living in extreme poverty, according to recent reports, highlighting significant economic challenges within the nation. The situation has sparked widespread concern and calls for action.A statement released by the Mo…
Algeria and Oman Explore Expanded Energy and Mining Partnership
Algeria and Oman are exploring avenues to broaden their partnership in the hydrocarbons and mining sectors. Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, received the Ambassador of the Sultanate of Oman to Algeria, Saif Rashed Al-Badai, at the ministry headquarters on Sund…
President Tebboune Meets African Development Bank Group Head
Algiers, November 16, 2025 – President Abdelmadjid Tebboune today received Sidi Ould Tah, President of the African Development Bank (AfDB) Group, at the Presidential Palace. The meeting underscores Algeria’s commitment to strengthening its partnership with the AfDB and fostering…
Algeria and Oman Explore Expanded Cooperation in Mining Sector
Algiers, November 16, 2025 – Algeria and Oman are exploring avenues to deepen their collaboration, particularly within the mining sector, building upon their existing strong ties in hydrocarbons. This development follows a meeting held today between the Algerian Minister of State…
Algeria Aims for 15,000 MW Renewable Energy by 2035
Algiers – Algeria is targeting the production of 15,000 megawatts of electricity from renewable energy sources by 2035, according to Minister of Energy and Renewable Energy, Mourad Adjjal. This ambitious goal was announced during the first national meeting of energy and renewable…
Oil Prices Dip Amid Oversupply Concerns
DZWatch, October 17, 2025 – Oil prices experienced a slight decline in early trading Friday, fueling speculation of potential weekly losses. The dip comes amid ongoing concerns about a possible oversupply in the global market. Brent crude futures fell to $60.98 a barrel,…
Iran Warns Against Potential Action at IAEA Board Meeting
Vienna – Iran has issued a strong warning against any potential action targeting its nuclear program at the upcoming meeting of the International Atomic Energy Agency (IAEA) Board of Governors. Reza Najafi, Iran’s representative to international organizations in Vienna, described a potential reso…
EU to Boost Defense, Border Security Spending in 2025 Budget
The European Union is set to increase its investment in defense and border security in the coming year, despite a slight overall reduction in the total budget. Negotiators from the European Parliament and member states have reportedly reached an agreement to allocate €190 billion, roughly equival…
Trump’s Wall Street Summit: Resetting Economic Course?
Washington D.C. – Wall Street is navigating a period of uncertainty, marked by noticeable fluctuations. Major technology stocks spearheaded a significant recovery during Friday’s trading session, while Treasury yields remained stable awaiting a series of economic data releases de…
