Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Oil rises by about 3 percent at settlement

Oil rises by about 3 percent at settlement

Oil prices rose by about three percent at settlement yesterday, Monday. Brent crude futures climbed $2.92 or 2.88 percent to $104.21 a barrel at settlement, while West Texas Intermediate crude increased $2.65 or 2.78 percent to $98.07 a barrel. Earlier in the session, Brent prices had risen to $105.99 a barrel and U.S. crude to $100.37. Both crude types recorded losses of about six percent last week.

May 12, 2026radioalgerie.dz
Rzig chairs a coordination meeting with bank representatives on financing retail activity

Rzig chairs a coordination meeting with bank representatives on financing retail activity

Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, chaired a coordination working meeting that included ministry officials and representatives of the Professional Association of Banks and Financial Institutions, along with representatives of commercial banks authorized to conduct foreign trade operations, according to a statement from the ministry today, Monday.

May 11, 2026aps.dz
Expected Discounts from Real Estate Developers on Housing Prices

Expected Discounts from Real Estate Developers on Housing Prices

The 'Mohamed Ben Ahmed' Conference Center in Oran will host the 13th edition of the International Salon of Real Estate Developers, Smart Housing, and Decoration 'Elogia' from July 27 to 30, according to the salon's governor, Akram Sidi Yakhlef. This economic event is expected to feature around 100 exhibitors from real estate developers and professionals in the real estate and housing sector, alongside representatives from public and private construction companies from Algeria, as well as foreign companies and others with partnerships with Algerian institutions, representing several countries such as China, Tunisia, Italy, Spain, and Portugal, as explained to 'APS' by Sidi Yakhlef, head of the communication agency 'Ab Concept Design'.

May 11, 2026echoroukonline.com
The Prime Minister highlights the comprehensive reform at the Algerian Agency for Investment Promotion

The Prime Minister highlights the comprehensive reform at the Algerian Agency for Investment Promotion

Algeria - The Prime Minister, Mr. Saifi Gharib, highlighted today in Algiers the dynamic comprehensive reform that the Algerian Agency for Investment Promotion has been experiencing recently, which will transform it from a traditional administrative window to an integrated and restructured management, with a comprehensive simplification of the investment system, allowing for enhanced trust between investors and the state.

May 11, 2026aps.dz