Algeria - The Minister of State, Minister of Energy, Mohamed Arqab, received today, Sunday in Algiers, the CEO of Medad Energy - Saudi North Africa, Sheikh Abdulilah bin Mohammed bin Abdullah Al-Aiban, where cooperation between SONATRACH and the Saudi company was discussed, especially after both parties signed the contract for the contractual area 'Ilizi South' in the Ilizi basin, according to a statement from the ministry.
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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