
Why are oil prices stable despite the open war?! - Iqtissad Al Balad
The economy of Algeria aliqtissad dz Economic news
Government economic decisions, reforms, budgets, and fiscal policy

The economy of Algeria aliqtissad dz Economic news

Oil prices rose on Thursday by more than three percent amid fears of a prolonged disruption of vital supplies due to escalating conflict between the United States and Iran in the Middle East, with concerns focused on shipping flows through the Strait of Hormuz. According to trading data, Brent crude rose by $2.44 or 3% to $84.01 a barrel by 09:20 GMT, while West Texas Intermediate crude also increased by the same amount to $77.10 a barrel. Read the full content on الشروق أونلاين.

Gold prices rose on Thursday, supported by increased demand for safe assets amid the widening conflict in the Middle East, although a recovery in the dollar limited gains for the precious metal. According to trading data, gold rose in spot transactions by 0.7 percent to reach $5161.77 per ounce by 08:40 GMT, while U.S. gold futures for April delivery increased by 0.5 percent to $5161.30. Read the full content on الشروق أونلاين.

The advisor in information and communication technologies, Younes Karrar, confirms that Algeria has been implementing a national strategy for digital transformation for years.

Members of the National People's Assembly praised the progress of the zinc and lead mine exploitation project in Tala Hamza and Amizour in Bejaia, expressing their satisfaction with the level of work recorded, and confirming the importance of this project which is expected to start in the coming days in implementation of the instructions of the President of the Republic. The meeting was chaired by the Wali of Bejaia, Kamel Eddine Kerbouche, in the presence of the President of the Provincial People's Council, the General Director of the SONARACH industrial mining group, Redha Belhaj, the project manager representing the Algerian-Australian joint company BZL, along with members of the National People's Assembly, the acting heads of the Amizour and Tichy districts, and the mayors of Tala Hamza and Amizour, as well as the relevant executive directors.

Algeria - The Minister of Public Works and Basic Infrastructure, Abdelkader Djellali, chaired today, Wednesday in Algiers, a meeting of the High Joint Ministerial Committee responsible for monitoring the financing and implementation procedures for the railway project linking Laghouat, Guerrara, and Meniâ, extending over a distance of 495 km, according to a statement from the ministry.

The Minister of Post and Telecommunications, Mr. Sid Ali Zerouki, visited the MEDUSA submarine cable landing station in Barcelona, where he received comprehensive explanations from the project team. This visit is part of the preparations for putting the submarine cable into service, expected early next year, due to its importance in enhancing the telecommunications infrastructure and international connectivity.

The Director of Information and Communication at the Ministry of Energy and Renewable Energies, Khalil Hedna, confirmed the government's efforts to activate a full partnership based on the implementation of major strategic projects, in line with the directives of President Abdelmadjid Tebboune, aimed at enhancing cooperation between Algeria and the Republic of Niger in the energy sector.

The Minister of Foreign Trade and Export Promotion, Kamel Rzig, today Thursday in Tlemcen, launched four operations to export industrial products to several countries.

The operation aims to penetrate new foreign markets.

As important measures decided: new mechanisms separating the administration from the implementation of public investments and the application of the

Despite the positive results recorded by the agricultural sector in recent years, ensuring coverage of national needs