
Ministry of Trade Detects Suspicious Practices in Economic Operators' Files
They will be summoned to provide clarifications.
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They will be summoned to provide clarifications.

Mr. Mohamed Lamine Labo officially took office as Minister of Finance today, Wednesday, succeeding Abdel Karim Boualzerd, following the partial cabinet reshuffle carried out by the President of the Republic, Mr. Abdelmadjid Tebboune, yesterday, Tuesday. The handover ceremony took place at the ministry headquarters, attended by the Director General of Customs, General Abdelhafid Bekhouch, ministry officials, and heads of institutions under supervision.

Mr. Hattab Mohamed took office today, Wednesday, as Minister of Labor, Employment, and Social Security, succeeding Mr. Abdelhak Sayhi, following the partial cabinet reshuffle conducted by the President of the Republic, Mr. Abdelmadjid Tebboune, yesterday, Tuesday.

The Minister of Energy and Renewable Energies, Mourad Adjall, chaired a working meeting on electric mobility and consumption mechanisms according to time periods on Wednesday, according to a statement from the ministry.

The Minister of Energy and Renewable Energies, Dr. Mourad Ajjal, chaired a working meeting today, Wednesday, dedicated to discussing files related to the development of the national electrical system, primarily electric mobility and the project to adopt consumption based on time periods, with the aim of improving the management of electricity demand and rationalizing consumption. According to a statement from the relevant ministry, the meeting was attended by several officials and central sector executives, along with key officials from the SONELGAZ group and the Electricity and Gas Regulatory Commission (CREG). Watch the full content on Echourouk Online.

The report from the Organization of the Petroleum Exporting Countries (OPEC) for August 2026 highlights the ongoing transformations in the global oil market, as prices declined in July, while Algerian 'Sahara Blend' crude maintained its appeal to refineries, thanks to its technical characteristics and proximity to European markets. Demand forecasts are gradually improving for the last quarter of 2026 and 2027. According to OPEC's monthly report, the average OPEC reference basket (ORB) recorded a decline of $6.76 per barrel in July, a decrease of 7.5%, settling at $82.99 per barrel. The price of the benchmark Brent crude also fell to $83.97 per barrel, down by $0.46.

Guelma - The Wilaya of Guelma achieved a production exceeding 1.2 million quintals of industrial tomato crop during the harvesting campaign for the agricultural season 2025-2026, which recently concluded, according to what was learned today, Wednesday, from the Directorate of Agricultural Services in the Wilaya.

The price of gold fell today, Wednesday, to its lowest level in over three weeks as investors await U.S. jobs data. Gold dropped in spot transactions by 0.6 percent to $4304.01 per ounce, the lowest level since August 7, heading for a fourth consecutive session of losses, and remained below its 200-day moving average, a closely watched technical level.

Algeria was included in the list of the largest oil deals witnessed in August 2026, through two deals with Niger that included the export of jet fuel and the joint marketing of Niger's milk crude, according to the monthly report prepared by the specialized energy platform, which monitored the most prominent oil deals in the region during the month. According to the report, SONATRACH began exporting its first shipments of Jet A1 jet fuel to Niger, starting from the Adrar refinery, in implementation of the sales contract concluded with SONIDEP, coinciding with the start of the joint marketing of Niger's milk crude.

Phytosanitary protection is essential for food security. Amid climatic and pest challenges, the INPV plays a key role.

The Ministry of Industry extends the declaration deadline for production on the PRODNAT platform by fifteen days.

Algeria and Senegal are strengthening their cooperation in energy with agreements between Sonelgaz and Senelec
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