
International Energy Agency warns of rising energy prices if the Strait of Hormuz remains closed
AL24 News - The International Energy Agency warns of rising energy prices if the Strait of Hormuz remains closed - news
Import/export, trade agreements, customs, and international commerce

AL24 News - The International Energy Agency warns of rising energy prices if the Strait of Hormuz remains closed - news

Prices have surged since the beginning of the war and the closure of this strategic maritime corridor.

DZD economy aliqtissad dz Algeria economy news

The Regional Director for the Middle East and North Africa of the United Nations Children's Fund (UNICEF), Edward Voislav Pijbider, expressed the organization's interest in acquiring medicines and vaccines for children made in Algeria. This came during his reception today, Thursday, April 16, by the Minister of Pharmaceutical Industry, Wassim Gouidri, at the ministry's headquarters.

AL24 News - Oil rises amid doubts over ending Iran war - news

Algeria maintained its position as the second largest African exporter of liquefied natural gas during the first quarter of 2026, despite a recorded decline in exports of 8% to settle at 2.04 million tons, compared to 2.23 million tons in the same period of 2025, according to data from the Energy Research Unit. According to the same data, Algeria ranked directly behind Nigeria, which topped the continent with a share of 4.99 million tons, while the top five African countries collectively accounted for 88% of the total LNG exports in the continent during the same period, which increased overall by 27% to reach 11.32 million tons. Watch the full content on الشروق أونلاين

It is believed that the Algerian Professional Office of Cereals purchased hard wheat in an international tender held yesterday, Wednesday, according to European traders, who suggested that the deal included quantities that could reach several hundred thousand tons, although the final purchase volume has not been officially announced. Traders explained, according to Reuters, that the tender aimed for a nominal quantity of 50,000 tons, but Algeria often exceeds the specified quantities in such operations, reinforcing the hypothesis of a larger purchase volume than officially required. Read the full content on Echourouk Online.

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, confirmed the sector's commitment to supporting individual initiatives that contribute to promoting Algerian products abroad, emphasizing that the Algerian community represents a key partner in enhancing exports and increasing the presence of national products in international markets. This came during his meeting yesterday, Wednesday, with the Algerian activist in promoting national products in Europe through digital platforms and social media, Faisal Ouchan, where the meeting highlighted the important role played by community members in promoting Algerian products and showcasing their quality and diversity through effective individual initiatives. Read the full content on Echourouk Online.

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, emphasized the need to enhance coordination among various actors in the banking and financial system, aiming to facilitate foreign trade operations and improve support for economic operators, especially regarding the banking localization procedures for estimated import programs in the fields of management and equipment, alongside developing financing mechanisms through financial leasing. This came during his chairing of a coordination working meeting yesterday, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, in addition to commercial banks authorized to engage in foreign trade and financial leasing companies, where the meeting was dedicated to presenting and clarifying the recent related procedures.

Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, chaired a coordination working meeting today, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, as well as commercial banks authorized to engage in foreign trade, and financial leasing companies, according to a statement from the ministry.

According to the OPEC report on the oil market for the month of March.

The Algerian Chamber of Commerce and Industry (CACI) examined, the day before yesterday in Algiers, with a Ukrainian delegation, the ways and