Import/export, trade agreements, customs, and international commerce
Oil prices fell for the second consecutive day this Wednesday. Brent crude futures for July dropped by $1.52, or 1.38%, to $108.35 per barrel, after a 4% decline in the previous session. West Texas Intermediate crude futures for June fell by $1.50, or 1.47%, to $100.77, after closing down 3.9% the day before.
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AL24 News - Inauguration of the 8th edition of the Algerian Products and Services Exhibition in Mauritania - news
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DZD economy aliqtissad dz Algeria economy news
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Algeria - The eighth edition of the Algerian Products and Services Exhibition was inaugurated this Tuesday evening in the Mauritanian capital, Nouakchott, with a 'record' participation of national institutions.
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The eighth edition of the exhibition dedicated to Algerian products and services was inaugurated today, Tuesday, in the Mauritanian capital Nouakchott, organized by
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Economy Dz aliqtissad dz Algeria Economy News
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Economy Dz aliqtissad dz Algeria economy news
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Algeria - The SONATRACH group signed two agreements today, Monday, in Algiers, concerning the development of the Hassi Bir Rakaiz field in the provinces of Ouargla and El Oued, as well as the export of petroleum products to Egypt.
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Both the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, and the Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Ibrahim Ali Badawi, presided over the event on Tuesday.
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Algeria and Egypt signed today, Tuesday, a contract to initiate the second phase of the Hassi Bir Rakaiz field development project, along with signing a memorandum of understanding to frame discussions on contracts for marketing crude oil and petroleum products.
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As part of the bilateral cooperation relations between Algeria and the Arab Republic of Egypt, the Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Ibrahim Ali Badawi, is making a business visit to Algeria today, Tuesday, at the invitation of the Minister of State, Minister of Energy, Mohamed Arkab, leading a significant delegation that includes the CEO of the Egyptian General Petroleum Corporation (EGPC), Salah El-Din Abdel Karim, and the Chairman of the Board of Directors of Petrojet, Walid Lotfi, along with officials from the Egyptian Ministry of Petroleum and Mineral Resources.
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The Egyptian Minister of Petroleum and Mineral Resources, Karim Ibrahim Ali Badawi, began a working visit to Algeria on Tuesday, leading a high-level delegation that includes prominent officials in the energy sector, aimed at enhancing bilateral cooperation in the hydrocarbons field and signing new agreements between the two sides. According to a statement from the Ministry of Hydrocarbons, this visit comes at the invitation of the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, as part of the efforts of both countries to activate the frameworks of joint cooperation, especially in the oil and gas industry, and to expand partnership areas between SONATRACH and Egyptian companies. Read the full content on Echourouk Online.
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