Banking & Finance

Banks, financial services, lending, and fintech developments

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Banking & Finance
Gold prices drop to lowest level in 7 months

Gold prices drop to lowest level in 7 months

Gold prices fell today, Thursday, to near their lowest levels in more than seven months, affected by the pressures of the rising US dollar and growing market bets on interest rate hikes in the United States. Investors are awaiting key inflation data that could determine the course of monetary policy in the coming period. By 7:27 GMT, the price of gold in spot transactions decreased by 0.4% to reach $3983.20 per ounce, while US gold futures for August delivery fell by 0.31% to record $3996.30.

Jun 25, 2026echoroukonline.com
Banking & Finance
"Bank Al-Salam" reveals new financing options and proposes innovative solutions

"Bank Al-Salam" reveals new financing options and proposes innovative solutions

"Bank Al-Salam Algeria" participates in the International Exhibition of Algeria 2026, showcasing a range of financing solutions and banking services aimed at economic institutions of various sizes, with a special focus on productive and strategic sectors that contribute to wealth creation and support national economic development. The bank clarified, in a statement issued on the occasion of its participation in the economic event organized at the Palais des Expositions in El-Madania from June 22 to 27, that it places the support of micro, small, medium, and large enterprises at the heart of its strategy, by providing financing mechanisms that align with the needs of various economic operators. The bank emphasized that its priority lies in supporting and financing...

Jun 24, 2026echoroukonline.com
Banking & Finance
Gold Prices Decline Despite Falling Oil Prices

Gold Prices Decline Despite Falling Oil Prices

The decline in gold prices continued for the fifth consecutive session, amid expectations of an increase in key interest rates in the United States this year, leading to a rise in the value of the dollar against other major currencies, despite falling oil prices. The price of the yellow metal fell by $47.90, or 1.14%, to $4154.80 per ounce, while the price of silver dropped by $3.589, or 5.45%, to $62.245 per ounce.

Jun 24, 2026radioalgerie.dz
Economic Policy
Arqab Receives a Delegation from the International Monetary Fund

Arqab Receives a Delegation from the International Monetary Fund

Algeria - Today, Tuesday, the Minister of State, Minister of Energy, Mohamed Arqab, received a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsongaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, according to a statement from the ministry.

Jun 23, 2026aps.dz
Energy & Hydrocarbons
Algerian Minister of State, Minister of Hydrocarbons, Holds Talks with IMF Delegation

Algerian Minister of State, Minister of Hydrocarbons, Holds Talks with IMF Delegation

Today, Tuesday, Algerian Minister of State and Minister of Hydrocarbons, Mohamed Arkab, held bilateral talks with a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsangaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, with the presence of the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry.

Jun 23, 2026al24news.dz
Energy & Hydrocarbons
AL24 | الاقتصاد

Algerian Minister of State, Minister of Hydrocarbons, holds talks with a delegation from the International Monetary Fund

Today, Tuesday, Algerian Minister of State, Minister of Hydrocarbons, Mohamed Arkab, held bilateral talks with a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsangaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, with the presence of the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry …

Jun 23, 2026al24news.dz
Economic Policy
Minister of Energy Receives Delegation from the International Monetary Fund - Iqtissad Al Balad

Minister of Energy Receives Delegation from the International Monetary Fund - Iqtissad Al Balad

The Minister of State, Minister of Energy, Mohamed Arkab, received on Tuesday at his ministerial office a delegation from the International Monetary Fund, headed by the head of the Fund's mission to Algeria, Charalambos Tsangaridis. This is part of the regular consultations that the Fund conducts with Algeria under Article IV of its establishment agreement. Present were the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry and the Bank of Algeria.

Jun 23, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Hydrocarbons: Aqrab Receives a Delegation from the International Monetary Fund

Hydrocarbons: Aqrab Receives a Delegation from the International Monetary Fund

Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, received a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsongaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, according to a statement from the ministry.

Jun 23, 2026radioalgerie.dz