Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

Showing 3,433–3,444 of 8,006 articles
Energy & Hydrocarbons
The speech is over and the book is closed.. UAE's exit from OPEC is a 'storm in a teacup!'

The speech is over and the book is closed.. UAE's exit from OPEC is a 'storm in a teacup!'

The statement by President Abdelmadjid Tebboune sparked widespread interaction on social media platforms within the Kingdom of Saudi Arabia, following his comments on the UAE's exit from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, emphasizing that the Kingdom of Saudi Arabia remains the cornerstone of Arab countries within the organization. President Tebboune's remarks came during his regular meeting with the press yesterday, Saturday, where he responded to a question regarding the UAE's decision, stating that this development is a 'non-event', adding that 'the cornerstone of Arab countries in OPEC is the sisterly Kingdom of Saudi Arabia', before concluding his statement with: 'The speech is over and the book is closed', a phrase that quickly spread on...

May 3, 2026echoroukonline.com
Energy & Hydrocarbons
AL24 | الاقتصاد

Coordination meeting of the Group of Seven within OPEC+ with Algeria's participation

The Algerian Minister of State, Minister of Energy, Mohamed Arkab, is participating today, Sunday, via video conferencing, in the coordination meeting of the Group of Seven within the framework of the OPEC+ alliance, which includes Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia. According to a statement from the Algerian Ministry of Energy, this meeting comes as part of the regular follow-up on the global oil market situation and to enhance coordination among the seven countries participating in the OPEC+ cooperation declaration, which implements voluntary adjustments in their production levels. During this meeting, the ministers will engage in an in-depth exchange on the short-term prospects of the oil market, in light of the developments in supply and demand fundamentals.

May 3, 2026al24news.dz
Regulatory & Legal
New Executive Decrees to Enhance the One-Stop Shop and Simplify Investment in Algeria

New Executive Decrees to Enhance the One-Stop Shop and Simplify Investment in Algeria

Three new executive decrees aimed at facilitating investment procedures were issued in issue 31 of the official journal, by expanding the powers of the one-stop shop, simplifying access to economic property, and reorganizing the National Investment Council, in a move aimed at improving the business climate and enhancing the attractiveness of the economy, according to the Algerian Agency for Investment Promotion. This new regulatory framework aims to better support investors by simplifying and accelerating procedures, contributing to the pace of investment and creating a more favorable business environment, according to the agency's statement. Read the full content on Echourouk Online.

May 3, 2026echoroukonline.com
Regulatory & Legal
Surprise visit by the Minister of Water Resources to enhance the readiness of water facilities and improve services

Surprise visit by the Minister of Water Resources to enhance the readiness of water facilities and improve services

The Minister of Water Resources, Lounes Bouzegza, made a surprise visit to several facilities and centers in the sector in the capital to assess their readiness and ensure the continuity of drinking water supply and sanitation services, emphasizing the need for rapid intervention to repair faults and enhance regular maintenance. During his visit yesterday, Saturday, the minister stressed the necessity of providing all resources and means, including equipment and spare parts, in anticipation of any faults that may affect pumping facilities, ensuring the regular continuity of public service, and highlighting the importance of permanent readiness of various structures. Read the full content on Echourouk Online.

May 3, 2026echoroukonline.com
Manufacturing & Industry
The President orders the completion of two sections of the Trans-Saharan road and a cement factory in Chad

The President orders the completion of two sections of the Trans-Saharan road and a cement factory in Chad

The President, Mr. Abdelmadjid Tebboune, during his chairing of a Council of Ministers meeting today, ordered the completion of two sections of the Trans-Saharan road and the establishment of a cement factory in Chad. The Council of Ministers' statement indicated that the President, after listening to a presentation regarding the follow-up on bilateral cooperation agreements with Chad, "emphasized strengthening all areas of cooperation with sisterly Chad and approving new economic projects in the fields of energy, electricity generation, and oil exploration," along with "accelerating the establishment of a cement factory with a production capacity exceeding one million tons annually."

May 3, 2026radioalgerie.dz