Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Algeria… the last energy refuge for Europe

Algeria… the last energy refuge for Europe

“Algeria has once again proven to be a strategic and reliable partner for Italy in the energy sector, especially in times of crisis and difficult circumstances,” is the essential conclusion echoed by various Italian media commenting on Prime Minister Giorgia Meloni's visit to Algeria. In this context, the newspaper “Il Sole 24 Ore,” which is considered the strongest economic daily in the country, highlighted that Algeria has become the last energy refuge for Europe and the West in general, amid the situation in the Middle East and the effects of the closure of the Strait of Hormuz on global energy supplies, noting that the country has gas reserves estimated at about 4500 billion cubic meters and is among the leading producers in the region.

Mar 25, 2026echoroukonline.com
Algeria Brings Together International Experts at First Annual Exporters Meeting

Algeria Brings Together International Experts at First Annual Exporters Meeting

Algeria intends to enhance its commercial presence on the African continent through the first annual exporters meeting organized by 'KAGAX', under the slogan 'Safe Access to Africa'. The event gathers experts and stakeholders from both national and international sectors, in addition to representatives from foreign companies specializing in export credit insurance and reinsurance, reflecting Algeria's approach towards safe and calculated exporting, and protecting exporters' interests from risks associated with foreign markets. In this context, the Algerian Company for Insurance and Export Guarantee (KAGAX) will organize the first annual exporters meeting on Thursday, March 26, 2026, at the Higher School of Hospitality and Restaurants in Algeria. The event brings together experts and stakeholders from both national and international sectors.

Mar 25, 2026echoroukonline.com