The statement by President Abdelmadjid Tebboune sparked widespread reactions on social media platforms within the Kingdom of Saudi Arabia, following his comments on the UAE's exit from the Organization of the Petroleum Exporting Countries 'OPEC' and the 'OPEC+' alliance, affirming that the Kingdom of Saudi Arabia remains the cornerstone of Arab countries within the organization. Tebboune's remarks came during his regular meeting with the press yesterday, Saturday, where he responded to a question regarding the Emirati decision by stating that this development is 'a non-event', adding that 'the main pillar of Arab countries in OPEC is the sisterly Kingdom of Saudi Arabia', before concluding his statement with: 'The speech is over and the book is closed', a phrase that quickly spread on...
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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