Algeria commemorates today, Tuesday, the 55th anniversary of the nationalization of hydrocarbons in a context characterized by the state's determination to continue implementing major structured projects to enhance national resources, reflecting an increasing ambition to build a diverse and emerging economy and strengthen energy sovereignty. This occasion recalls February 24, 1971, when the late President Houari Boumediene announced the decision to nationalize hydrocarbons, a step that enabled Algeria to regain 51 percent of the assets of French oil companies with public concessions operating ...
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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