Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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AL24 | الاقتصاد

OPEC+ meeting today is set to maintain the suspension of oil production increase

The OPEC+ meeting today, Sunday, is likely to stabilize oil production by maintaining the suspension of production increase in March. According to Reuters, citing three delegates from OPEC+, it is likely that the alliance will keep the suspension of oil production increase in March when it meets later today, even after crude oil prices reached their highest levels in six months, nearing $72 per barrel, due to concerns that the United States may launch a military strike on Iran, a member of OPEC. The OPEC+ alliance (Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria, and Oman) raised production quotas by about 2.9 million barrels per day from...

Feb 1, 2026al24news.dz
OPEC+ Moves to Extend Halt on Oil Production Increase in March

OPEC+ Moves to Extend Halt on Oil Production Increase in March

Informed sources revealed that the OPEC+ group is likely to maintain the halt on planned oil production increases for March, despite prices reaching their highest levels in nearly six months. Eight members of the organization are expected to discuss this decision during a meeting held today, Sunday. According to what Reuters reported from three delegates in the group, this direction comes at a time when Brent crude closed near $70 a barrel on Friday, approaching the $71.89 level recorded on Thursday, driven by fears of a potential U.S. military strike on Iran, a member of OPEC, alongside supply disruptions from Kazakhstan.

Feb 1, 2026echoroukonline.com
Tindouf – Bechar Railway Opens Up Opportunities for Exploiting 23 Mineral Resources

Tindouf – Bechar Railway Opens Up Opportunities for Exploiting 23 Mineral Resources

Algeria officially began the actual exploitation of iron ore at the Gara Djebilet mine, located east of Tindouf province, at the end of January 2026, through the construction of massive infrastructure led by the Gara Djebilet – Tindouf – Bechar railway, spanning 950 km. The railway connection between Tindouf and Bechar, reaching the capital of western Algeria, Oran, is a strategic artery expected to contribute to the development of this western region of the country, especially since it has significant mining and agricultural capabilities. Read the full content on Echourouk Online.

Feb 1, 2026echoroukonline.com
Jlaoui: "The Western Mining Line Will Open New Investment Opportunities"

Jlaoui: "The Western Mining Line Will Open New Investment Opportunities"

The Minister of Public Works and Basic Infrastructure, Abdelkader Jlaoui, confirmed today, Sunday in Béchar, that "the Western Mining Line will open new investment opportunities." This was stated in a speech he delivered during the inauguration of this giant mining line by the President of the Republic. Jlaoui highlighted that the railway line Gara Djebilet – Tindouf – Béchar will break the isolation of the region. The minister also noted the commitment of the President of the Republic, Mr. Abdelmadjid Tebboune, and his courageous decisions.

Feb 1, 2026radioalgerie.dz
Senate: Walid presents his sector's projects to the Agriculture Committee to enhance food security

Senate: Walid presents his sector's projects to the Agriculture Committee to enhance food security

The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, presented this Sunday to the Agriculture and Rural Development Committee of the Senate, the main projects scheduled for this year and the coming years to enhance food security and reduce dependence on imports in the agricultural sector. The hearing session was held under the title 'The reality of agriculture and food security as a strategic lever to achieve economic sovereignty and reduce dependence on hydrocarbons', chaired by Moulai Lakhdar Saadoun, the committee president, in the presence of the Minister of Relations with Parliament, Najiba Djilali, and members of the Senate.

Feb 1, 2026radioalgerie.dz
Western Mining Line in Numbers

Western Mining Line in Numbers

The Western Mining Railway line is one of the most prominent symbols of national achievements in the field of major infrastructure projects. This strategic line extends along the Gara Djebilet – Tindouf – Béchar axis. Below are the key indicators of this important railway facility: *General Indicators:

Feb 1, 2026radioalgerie.dz
Exceptional exemption from listing fees on the stock exchange for startups for a period of 3 years

Exceptional exemption from listing fees on the stock exchange for startups for a period of 3 years

The Commission for the Regulation and Monitoring of Stock Exchange Operations (COSOB) announced this Sunday in a joint statement with the Algerian Securities Exchange Management Company and the Algerian Settlement Company, the establishment of an exceptional exemption from listing fees on the stock exchange for startups for a period of three years (2026-2028). The statement clarified that this initiative is part of the efforts of public authorities aimed at developing startups, supporting entrepreneurship, and encouraging innovation by facilitating their access to financing through the financial market.

Feb 1, 2026radioalgerie.dz