Oil prices stabilized at settlement on Wednesday, with Brent crude futures rising three cents, or 0.03%, to $108.82 at settlement. West Texas Intermediate crude fell 67 cents, or 0.7%, to $97.15 per barrel. Both benchmarks rose by as much as two dollars earlier in the session, as Brent hovered near its highest levels in five months.
Algeria - The Minister of Housing, Urban Planning and the City, Mohamed Tariq Belaribi, announced today, Thursday, the registration of 545,000 housing units in various formats under the 2027 Finance Law program, including 350,000 units in the 'ADL 3' rental sale format, expecting the distribution of 400,000 housing units by the end of 2026.
aps.dzAlgeria - Today, Thursday, the Minister of Housing, Urban Planning and City, Mohamed Tarek Belaribi, began presenting the outlines and priorities of the sector for 2027 before the Finance and Budget Committee of the National People's Assembly, as part of the discussion on the draft finance law for the upcoming year.
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Minister of Industry Fared Kourtel emphasized the need to raise production levels and improve product quality, allowing national industrial units to enhance their contribution to meeting the needs of the automotive industry and reduce reliance on imports. During his inspection of the production unit belonging to 'Forse Plastic' in the municipality of Ain M'lila in Oum El Bouaghi, the minister called for strengthening the use of local raw materials, increasing integration rates, and ensuring competitive prices, which supports the development of the national industrial fabric and enhances its ability to provide automotive components locally. Watch the full content on Echourouk Online.
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