The Stock Exchange Operations Regulatory Committee (COSOB) highlighted the growing capacity of the Algerian financial market, including the Algiers Stock Exchange, to meet the needs of institutions. This was stated in the opening speech of the committee's president, Youssef Bouzennada, for the annual report of the authority for the year 2025. Bouzennada emphasized its role in mobilizing savings and directing them towards financing productive investment and supporting economic growth, highlighting the vitality of the market.
Oil prices rose at settlement yesterday, Wednesday. Brent crude futures increased by 37 cents or 0.35% to reach $106.06 per barrel at settlement. West Texas Intermediate crude contracts rose by 95 cents or 1.01% to reach $95.09 per barrel.
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During the CREA forum, President Tebboune reaffirms the state's support for businesses and praises the growth of GDP outside hydrocarbons
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The president of CREA, Kamel Moula, praises post-Covid economic diversification, aims for 4% growth, and calls for a fight against fraud.
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