Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Minister of State, Minister of Hydrocarbons receives Minister of State, Minister of Hydrocarbons of the Democratic Republic of the Congo.

Minister of State, Minister of Hydrocarbons receives Minister of State, Minister of Hydrocarbons of the Democratic Republic of the Congo.

On Saturday, May 30, 2026, Minister of State, Minister of Hydrocarbons, Mr. Mohamed Arkab, received the Minister of State, Minister of Hydrocarbons of the Democratic Republic of the Congo, Ms. Acacia Bandubola Mbongo, who is on a working visit to Algeria leading a significant delegation that includes officials and executives from the Congolese Ministry of Hydrocarbons and the national hydrocarbons company 'SONAHYDROC', during the period from May 29 to June 3, 2026.

May 30, 2026iqtissadalbalad.dz
APS | صناعة، طاقة ومناجم

State Minister, Minister of Hydrocarbons of the Democratic Republic of the Congo on a working visit to Algeria

Algeria - State Minister, Minister of Hydrocarbons of the Democratic Republic of the Congo, Akasia Bandopola Ambongo, has begun a working visit to Algeria leading a significant delegation that includes officials and executives from her ministry and from the national hydrocarbons company 'Sonahydro', according to a statement from the Ministry of Hydrocarbons today, Saturday.

May 30, 2026aps.dz
Congolese Minister of Hydrocarbons on a Working Visit to Algeria

Congolese Minister of Hydrocarbons on a Working Visit to Algeria

The Minister of State, Minister of Hydrocarbons of the Democratic Republic of Congo, Akasia Bandopola Ambongo, is on a working visit to Algeria, leading an important delegation that includes officials from the sector. This visit by Akasia Bandopola Ambongo to Algeria comes at the invitation of the Minister of State, Minister of Hydrocarbons of Algeria, Mohamed Arkab, and the accompanying delegation includes officials and executives from the Congolese Ministry of Hydrocarbons and the national hydrocarbon company 'SONAHYDROC'.

May 30, 2026al24news.dz
Congolese Minister of Hydrocarbons Begins Working Visit to Algeria

Congolese Minister of Hydrocarbons Begins Working Visit to Algeria

The Minister of State, Minister of Hydrocarbons of the Democratic Republic of the Congo, Akasia Bandopola Ambongo, is on a working visit to Algeria leading an important delegation that includes officials and executives from the Congolese Ministry of Hydrocarbons and the national hydrocarbons company 'SONAHYDROC', at the invitation of the Minister of State, Minister of Hydrocarbons, Mohamed Arkab. According to a statement from the Ministry of Hydrocarbons, this visit aims to enhance cooperation and partnership relations between Algeria and the Democratic Republic of the Congo in the field of hydrocarbons, and to embody the mutual desire of the two countries to develop bilateral cooperation and open new horizons for partnership in various activities related to the oil and gas industry. Read the full content...

May 30, 2026echoroukonline.com
اقتصاد البلد

Oil prices record largest drop in 7 weeks

Oil prices fell by more than 2% on Friday's session, marking the largest weekly loss since early April, following reports of a potential agreement between the United States and Iran to extend a ceasefire. Brent crude futures for July settled at $92.05 a barrel, down $1.66, or 1.8%. West Texas Intermediate crude futures fell $1.54 or 1.7% at settlement to $87.36 a barrel.

May 30, 2026iqtissadalbalad.dz
Annaba Port puts the new free zone 'Navigation' into service

Annaba Port puts the new free zone 'Navigation' into service

The Annaba Port Authority announced today, Saturday, the commissioning of the new free zone 'Navigation' under customs supervision, in a move aimed at enhancing logistical infrastructure, modernizing national ports, and alleviating pressure on port spaces, which contributes to improving the flow of commercial and logistical activities at the port. The authority clarified in a statement that this project is part of the implementation of the directives of the Minister of Interior, Local Communities, and Transport, Saïd Sayoud, aimed at developing national port facilities, and in accordance with the field directives of the port services group 'Sarbore', in coordination with customs services.

May 30, 2026echoroukonline.com
Near-total commitment of traders to the duty system on the third day of Eid al-Adha

Near-total commitment of traders to the duty system on the third day of Eid al-Adha

The Ministry of Internal Trade and Market Regulation recorded a near-total commitment from traders to the duty program for the third consecutive day of the Eid al-Adha holiday, with only 10 cases of non-compliance recorded out of 53,711 traders mobilized to ensure the continuity of commercial and service activities during the occasion. The ministry clarified, in a statement that includes the results of monitoring the implementation of the duty program, that the cases of non-compliance were distributed across several provinces, with Batna province recording three cases involving two grocery stores and a restaurant, while Blida province recorded three other cases related to two bakeries and a grocery store. View the full content on Echourouk Online.

May 30, 2026echoroukonline.com
The African Development Bank Calls for Major Investments to Enhance Wealth Creation on the Continent

The African Development Bank Calls for Major Investments to Enhance Wealth Creation on the Continent

The President of the African Development Bank Group, Sidi Ould Tah, called for a radical transformation in the development financing model in Africa by focusing on large-scale investment projects capable of valuing natural resources locally and creating greater added value, emphasizing that reliance on exporting raw materials or limited-impact projects is no longer sufficient to achieve the desired development. Ould Tah explained, during a press conference held on the occasion of the conclusion of the annual meetings of the African Development Bank, that the continent's wealth of natural resources and increasing demographic weight necessitates adopting a new approach to development financing based on structured investments that support manufacturing and local processing of African resources.

May 30, 2026echoroukonline.com