The Minister of State, Minister of Energy, Mohamed Arqab, reviewed with the CEO of Midad Energy North Africa, Sheikh Abdul Ilah bin Mohammed bin Abdullah Al-Ibayan, the cooperation between SONATRACH and Midad Energy North Africa. According to the ministry's statement, this took place during a meeting held today, Sunday, June 21, at the ministry's headquarters, where the cooperation between SONATRACH and Midad Energy was discussed, especially following the signing of a hydrocarbons contract in the form of production sharing related to the contractual area 'Elizi South' in the Elizi basin, which is one of the strategic projects in the field of oil and gas exploration and exploitation in Algeria. View the full content on Echourouk Online.
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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