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Global food prices reach highest level since late 2022

Global food prices rose in August to their highest level since late 2022, driven by the impacts of adverse weather and trade disruptions linked to the wars in Ukraine and Iran, raising concerns about supplies of staple crops, according to the Food and Agriculture Organization of the United Nations (FAO). The FAO stated on Friday that its average food price index, which tracks monthly changes in a basket of globally traded food commodities, reached 133.3 points in August, compared to a revised reading of 130.8 points in July. View the full content on Echourouk Online.

Sep 5, 2026

echoroukonline.com

Agriculture & Agribusiness

Completion of 98 percent of the census of farmers affected by the recent fires

The census of farmers in Tizi Ouzou province affected by the recent fires has reached 98 percent, according to the Directorate of Agricultural Services in the province. The acting director of agricultural services, Mr. Nadir Boussa, explained that about 98 percent of the affected in the agricultural sector have been counted and their files verified up to today.

Sep 4, 2026

radioalgerie.dz

Regulatory & Legal

Ben Mouloud and Abdel Latif Chair a Meeting to Establish a Unified Digital Mechanism for Regulating the National Market

The Minister, the High Commissioner for Digitalization, Mrs. Meryem Ben Mouloud, and the Minister of Internal Trade and Regulation of the National Market, Mrs. Amal Abdel Latif, chaired a meeting dedicated to establishing a unified digital mechanism for regulating the national market in the context of governance and digital inclusion, according to a statement from the commissioner today, Friday.

Sep 4, 2026

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Energy & Hydrocarbons

Brent crude at $95 per barrel

Oil prices fell slightly today, Friday, continuing to be affected by developments in international geopolitical situations. Brent crude from the North Sea for November delivery fell slightly by 0.40% to $95.14 per barrel. Meanwhile, its American counterpart, West Texas Intermediate for October delivery, decreased by 0.61% to $90.74 per barrel.

Sep 4, 2026

radioalgerie.dz

Sustainability & Green Economy

Wildfires: A New Challenge for Solar Energy in Algeria

Solar power plants are facing an increasing challenge due to wildfires, amid a rise in the frequency of these fires in Algeria in recent years, necessitating the enhancement of preventive measures and the protection of photovoltaic facilities, especially as the country expands its reliance on solar energy and develops new projects for electricity generation from renewable sources. According to a report from the specialized platform 'Energy', protecting solar power plants from wildfires requires a package of measures, primarily reducing vegetation and flammable materials, providing emergency service corridors, as well as fire-fighting equipment and prior coordination with local authorities and firefighting teams. Watch the full content on الشروق أونل...

Sep 4, 2026

echoroukonline.com

Energy & Hydrocarbons

Sources: OPEC+ is set to keep oil production unchanged in October

The OPEC+ alliance is set to maintain its oil production policy unchanged for October during its scheduled meeting on Sunday, according to three informed sources quoted by Reuters, as the alliance completes a rollback of part of the production cuts and shifts its focus to next year's production quota negotiations. The meeting comes amid ongoing repercussions of the war in Iran on oil exports through the Strait of Hormuz, and representatives from seven key OPEC+ countries will participate in Sunday’s meeting, namely Algeria, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, and Oman, which have raised their monthly production quotas throughout most of this year. View the full content on Echourouk Online.

Sep 4, 2026

echoroukonline.com

Banking & Finance

National Savings and Reserve Fund Launches New Service

The National Savings and Reserve Fund – Bank has launched a new savings scheme aimed at individuals under the name 'Savings Progress'. The National Savings and Reserve Fund stated that this scheme allows for returns on deposits while maintaining the ability to withdraw funds at any time. View the full content on Echourouk Online.

Sep 4, 2026

echoroukonline.com

Banking & Finance

Minister of Finance supervises the handover of duties to Mohand Bouraï as Governor of the Bank of Algeria

The Minister of Finance, Mohamed Lamine Lbough, oversaw the handover ceremony to Mohand Bouraï, who was appointed as the Governor of the Bank of Algeria, succeeding him. The handover ceremony took place at the headquarters of the Bank of Algeria, in the presence of the agency's officials. In his speech on the occasion, Mr. Lbough stated that 'the President of the Republic has tasked me with handing over the duties to Mr. Mohand Bouraï as Governor of the Bank of Algeria starting from today.'

Sep 4, 2026

radioalgerie.dz

Energy & Hydrocarbons

Oil: Brent crude at $95.92 per barrel

Oil prices varied at settlement yesterday, Thursday. Brent crude futures fell by 11 cents, or 0.12 percent, to $95.52 per barrel. U.S. West Texas Intermediate futures rose by 29 cents, or 0.32 percent, to $91.30. Both crude types recorded their highest levels in six weeks earlier in the session.

Sep 4, 2026

radioalgerie.dz

Banking & Finance

National Savings and Reserve Fund Launches 'Savings Progress'

The National Savings and Reserve Fund – Bank, today Thursday, launched a new savings scheme aimed at individuals under the name 'Savings Progress'. According to the fund's statement, the scheme allows for returns on deposits while maintaining the ability to withdraw funds at any time. This scheme is based on a mechanism of progressive returns, with an interest rate that increases according to the level of savings achieved, in line with the applicable scale. The fund stated that the accrued interests are calculated and paid quarterly.

Sep 3, 2026

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Banking & Finance

National Savings and Investment Fund-Bank launches 'Epargne Progress', a new savings scheme with progressive returns

Algeria - The National Savings and Investment Fund-Bank announced today, Thursday, the launch of a new savings scheme aimed at individuals under the name 'Epargne Progress', which allows for returns on deposits while maintaining the ability to withdraw funds at any time.

Sep 3, 2026

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Real Estate & Construction

Algeria and Niger Strengthen Technical Cooperation in Public Works and Infrastructure

The Algerian-Nigerien consultations on enhancing technical cooperation in the field of public works and infrastructure culminated today, Thursday, in Algiers, with the signing of specific agreements and the adoption of a joint action plan, according to a statement from the Ministry of Public Works and Infrastructure. The statement clarified that the Minister of Public Works and Infrastructure, Abdelkader Djellali, received at the ministry's headquarters a Nigerien delegation led by the Secretary General of the Ministry of Equipment and Infrastructure, Abdallah Ouma Ahmed, accompanied by general directors of laboratories affiliated with the sector in Niger.

Sep 3, 2026

radioalgerie.dz

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