Économie
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ENReceipt of the first shipments of imported sacrificial animals
The Ministry of Agriculture, Rural Development, and Fisheries announced on Friday the arrival of the first shipment of imported sacrificial animals on Thursday at the Port of Algiers. According to a ministry statement, the import process for sacrificial animals will accelerate starting next week and will continue…
ENMinister of Agriculture: Grain Storage is a Strategic Direction for the Algerian State
The Minister of Agriculture, Rural Development, and Fisheries, Yacine Walid, emphasized on Friday that grain storage has become a strategic direction for the Algerian state rather than a mere option. He stated that this initiative is part of ensuring food security, which serves as a fundamental pillar of national…
ENOran Hosts Industry and Export Pioneers
The eighth edition of the International Exhibition for Investment in Industry, Construction, Energy, Logistics, and Export (Algeria Invest Expo) opened on Thursday at the Mohamed Ben Ahmed International Convention Center in Oran, with the participation of 153 national and foreign exhibitors. The four-day economic…
ENPresident Tebboune Chairs Working Meeting on Mining and Iron Sector
President Abdelmadjid Tebboune chaired a working meeting on Thursday dedicated to the mining and iron sector, according to a statement from the Presidency of the Republic. In other official activities, President Tebboune received the Minister of Foreign Affairs of the Kingdom of Spain on Thursday. Additionally, the…
ENOil prices continue to rise
Bloomberg reported on Thursday that oil prices have risen again in international markets. According to the agency, the price of Brent crude rose by five percent to exceed $107 per barrel. The Algerian-Qatari-German Hospital is recording an accelerated pace of completion. On March 26, 2026, the General Manager of the…
ENGold drops 1 percent
Gold prices fell on Thursday after two sessions of gains as investors awaited clearer signs of progress in efforts to de-escalate the situation in the Middle East. By 05:55 GMT, spot gold fell 1 percent to $4,476.51 per ounce. U.S. gold futures for April delivery dropped 2.1 percent to $4,457. Kyle Rodda, senior…
ENGold rises as the dollar declines
Gold rose by more than two percent on Wednesday, supported by a decline in the dollar. Spot gold increased by 2.1 percent to $4,568.29 per ounce, while U.S. gold futures for April delivery climbed 3.8 percent to $4,569.40. The dollar’s decline made the greenback-priced metal less expensive for holders of other…
ENSkikda Port: 3,000 tons of iron exported to Mauritania
The Skikda Port Authority witnessed a new export operation reflecting the dynamics of Algerian foreign trade, with a significant quantity of construction iron shipped to African markets. According to a statement from the Skikda Port Authority, the shipment consisted of 3,000 tons of reinforced steel (RDX rebar), an…
ENOil prices decline
Oil prices fell by more than five percent on Wednesday. Brent crude futures dropped $6.21, or 5.9 percent, to $98.28 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures fell $4.67, or 5.1 percent, to $87.68 per barrel. Both benchmarks had risen by about five percent on Tuesday before gains receded…
ENSigning of a Memorandum of Understanding Between Algeria and Niger in the Field of Hydrocarbons
On Tuesday, a memorandum of understanding (MoU) was signed between Algeria and Niger in the field of hydrocarbons. The agreement was signed by the Minister of State, Minister of Energy and Mines, Mohamed Arkab, and the Nigerien Minister of Petroleum, Hammad Tini, as part of efforts to strengthen bilateral cooperation…
EN“Taqathy+” Enhances Algeria’s Capabilities in Measuring Renewable Energies
The Center for the Development of Renewable Energies received national and international experts on Tuesday for a technical visit aimed at supporting the development of national quality infrastructure in solar and wind energy technologies. This initiative, supervised by the Ministry of Energy and Renewable Energies…
ENMinistry of Energy: Creation of Sonelgaz International
The Ministry of Energy and Renewable Energies has announced the creation of “Sonelgaz International.” This initiative follows the directives of President Abdelmadjid Tebboune, aimed at establishing a diversified national economy integrated into its regional and international environment, while enhancing the access of…
ENOil Rises and Gold Declines
Global commodity performance varied as oil prices rose again due to renewed concerns over supplies in the Gulf, while gold continued its losses for the tenth consecutive session. This decline followed the American-Israeli war on Iran and its repercussions on global growth and inflation. These movements occurred after…
ENAlgeria promotes its food products in the heart of Barcelona
The international food exhibition “Alimentaria 2026,” one of the most prominent international events specializing in food industries, culinary arts, and hospitality, kicked off this Monday in Barcelona, Spain, with wide participation from operators and experts from around the world. Algeria is participating in this…
ENIEA: Over 40 Energy Facilities Damaged in Iran War
Fatih Birol, Executive Director of the International Energy Agency (IEA), stated that more than 40 energy assets in nine Middle Eastern countries have suffered “severe or very severe” damage due to the U.S.-Israeli war on Iran. This could prolong disruptions in global supply chains even after the confrontations end…
ENBrent Crude Rises Above $113 per Barrel
Oil prices opened higher on Monday in the London market, supported by the ongoing military escalation in the Gulf and Middle East regions. Brent North Sea crude for May delivery rose by 0.96% during morning trading to reach $113.27. Similarly, US West Texas Intermediate (WTI) for the same month recorded gains of…
ENGold prices drop by more than 3 percent
Gold prices fell by more than 3% on Monday, continuing their decline to their lowest level in nearly four months. Spot gold dropped 3.3% to $4,340.09 per ounce, marking its ninth consecutive session of losses. The metal, which hit its lowest level since January 2nd today, fell by more than 10% last week. U.S. gold…
ENImportant Statement from the Ministry of Foreign Trade
The Ministry of Foreign Trade and Export Promotion has issued a notice to all economic operators active in the sector of imports intended for resale as-is (Activity No. 4). The Ministry announced that the digital platform for submitting estimated programs has been opened, starting today and continuing until April 30…
ENAraghchi Reveals to Japan Iran’s Conditions for Opening Strait of Hormuz
Iranian Foreign Minister Abbas Araghchi confirmed that Tehran is ready to allow Japanese ships to cross the Strait of Hormuz, a vital artery for global oil supplies. Araghchi stated that Tehran has begun talks with Japan regarding the possibility of opening the strait. Japan, the world’s fifth-largest oil importer…
ENGold heading for third weekly decline
Gold prices saw a slight increase on Friday, but are heading for their third consecutive weekly decline, pressured by a strong dollar and the Federal Reserve’s hawkish stance on monetary policy, which has dampened hopes for near-term interest rate cuts. Spot gold rose 0.2 percent to $4,657.50 per ounce by 01:12 GMT…
