
Phosphate Port.. Commitment of the Chinese Company
Delivery of a section of the eastern mining line before the end of next September.
Government economic decisions, reforms, budgets, and fiscal policy

Delivery of a section of the eastern mining line before the end of next September.

The Minister of Public Works and Infrastructure, Abdelkader Djellali, announced this Saturday in Khenchela that all works on the section linking Annaba and Bouchaoui (Khenchela) will be completed 'before the end of next September' as part of the project to dualize, correct, and modernize the Eastern Mining Railway Annaba-Tebessa.

During a visit lasting three days.

The Minister of Water Resources, Lounes Bouzegza, emphasized this Saturday in Sidi Bel Abbès, the need to accelerate the pace of strategic project implementation and coordination in the execution workshops to deliver them within the specified deadlines and contribute to efforts to enhance water security through the transition to smart water resource management.

The Minister of Public Works and Basic Infrastructure, Abdelkader Jlaoui, inspected this Saturday the progress of the Eastern Mining Railway Project at its section crossing the Tarf province. During his visit to the province, accompanied by the governor Mohamed Meziane and in the presence of local authorities and elected officials, the minister examined the construction work of tunnel number 3 at kilometer point 30 in the municipality of Chihani as part of the project to avoid the Zarane area, where he listened to technical explanations about the progress of the work and the completion rate of this strategic facility.

The Minister of Public Works and Infrastructure, Abdelkader Djilawi, began this Saturday a working visit to the province of Annaba, which includes several projects and facilities related to the integrated phosphate project, alongside various workshops of the Eastern Mining Line project linking the port of Annaba to the region of El-Hadba in the province of Tebessa.

SONATRACH has started delivering its first shipments of 'Jet A1' aircraft fuel to Niger, originating from the Adrar refinery (RA1D), as part of the execution of the sales contract concluded with the Nigerien oil company 'SONIDEP', according to a statement from the SONATRACH group this Saturday. This operation, which began yesterday Friday, is part of the implementation of the directives of the country's high authorities aimed at strengthening trade and economic relations with the Republic of Niger, as well as fulfilling the contractual commitments between SONATRACH and SONIDEP.

Oil prices rose by more than one percent at settlement on Friday due to developments in the Middle East. Brent crude futures increased by $1.45, or 1.67 percent, to record $88.52 per barrel. Meanwhile, West Texas Intermediate crude futures rose by $1.15, or 1.42 percent, to record $82.40 per barrel. Weekly gains for Brent crude reached six percent, and for West Texas Intermediate crude, 5.4 percent.

Algeria has no choice: it must desalinate seawater.

On Friday, August 14, the SONATRACH group, in collaboration with the Niger National Oil Company (SONIDEB), loaded the first shipment of Nigerian crude oil 'Milk' from the Seme oil terminal in Benin, which will be marketed jointly, according to the group. The group explained in a statement that the operation comes in implementation of the directives of the country's high authorities regarding the enhancement of trade relations with Niger, adding that this is a new step for SONATRACH and SONIDEB in implementing their cooperation in the field of fuel marketing and shipping the first cargo of crude oil 'Milk' extracted from Niger. View the full content on Echourouk Online.

The industrial sector in the Wilaya of Bordj Bou Arreridj has been strengthened by a project to establish an industrial pole specialized in the production of school and office supplies and educational tools in the industrial zone of Ramail Belayed Abdel Salam in the municipality of Ras El Oued, which is expected to support productive investment and enhance national production, contributing to the reduction of imports. In this regard, the Governor of the Wilaya, Kamal Nouicer, stated in a statement to /APS that […]

Gold prices fell on Friday under pressure from profit-taking, as investors await the U.S. Federal Reserve's stance on interest rates, with expectations of keeping them unchanged during September. The price of gold in spot transactions decreased by 0.5 percent to $4,330.37 per ounce, while U.S. gold futures for December delivery fell by 0.8 percent to $4,386.80. Gold had recorded its highest level since June 5 yesterday before declining by 1.3 percent, thus erasing its gains made during the week. In other precious metals markets, silver fell in transactions.