Recent changes to the board of directors of the Augusta refinery in Italy, owned by the national oil company SONATRACH, have once again resulted in an Algerian majority in this important body of the company, with Miloud Amara being re-elected as president, coinciding with a new strategy for the company to conduct field monitoring of various facilities spread across Italy by the board of directors. In this context, the general assembly of shareholders approved the appointment of a new board of directors for the SONATRACH refinery in Italy, which includes, alongside Miloud Amara as re-elected president, 5 Algerian members: Salima Abdoun, Ismail Ould Ali, Abdelghani Hamouch, Nassima Hadash, as well as Rosario Pistorio, who is considered Italian...
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria and Saudi Arabia explored ways to develop financial markets and enhance innovation and financial services during meetings that brought together stakeholders in the Algerian financial market and representatives from the Saudi Financial Market Authority, as part of the work of the Trade and Economy Committee stemming from the Algerian-Saudi High Coordination Council. The meetings were held at the headquarters of the Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) and via videoconferencing, providing an opportunity to exchange experiences and practices in several areas related to the development of financial markets. Read the full content on Echourouk Online.
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