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European gas imports rise to 61.4 billion cubic meters supported by Algeria

European gas imports rise to 61.4 billion cubic meters supported by Algeria

European Union gas imports via pipelines rose to 61.4 billion cubic meters during the first five months of 2026, an increase of 2.5% compared to the same period last year, continuing to grow for the fifth consecutive month on a year-on-year basis, primarily supported by increased Algerian supplies to European markets according to the Energy Research Platform. A report from the Gas Exporting Countries Forum showed that EU imports reached 12.4 billion cubic meters in May 2026, compared to 12.1 billion cubic meters in the same month of 2025, recording a growth of 2%. In contrast, the average daily imports fell to 400 million cubic meters per day in May, a decrease of 2% compared to ...

Jun 20, 2026echoroukonline.com
Africa and Worldwide.. This is Algeria's Ranking Among the Countries with the Lowest Fuel Prices in June 2026

Africa and Worldwide.. This is Algeria's Ranking Among the Countries with the Lowest Fuel Prices in June 2026

Algeria maintained stable fuel prices during June 2026, remaining among the ten African countries with the lowest gasoline costs, while the global average fuel price decreased to $1.51 per liter, compared to $1.52 per liter the previous month. Data from the 'Global Petrol Prices' platform showed that Algeria was one of only three African countries that maintained stable fuel prices during June, alongside Libya and Sudan, while Tunisia, Niger, Nigeria, Gabon, and Ethiopia recorded slight decreases, with Egypt being the only country on the list that experienced a limited price increase. View the full content on Echourouk Online.

Jun 20, 2026echoroukonline.com
Brent crude rises to $80.38 per barrel

Brent crude rises to $80.38 per barrel

Oil prices rose at the end of trading on Friday, with Brent crude futures increasing by about 66 cents, or 0.53%, to reach $80.38 per barrel. Meanwhile, West Texas Intermediate crude rose by 94 cents, or 1.23%, to $77.54 per barrel. The Organization of the Petroleum Exporting Countries (OPEC) predicted in its World Oil Outlook report for 2026 that global demand will rise to 113.3 million barrels per day by 2030, compared to 105.1 million in 2025.

Jun 20, 2026radioalgerie.dz
Investment Promotion Agency Participates in Islamic Development Bank Meetings

Investment Promotion Agency Participates in Islamic Development Bank Meetings

The Algerian Investment Promotion Agency participated from June 16 to 19 in Baku (Azerbaijan) in the annual meetings of the Islamic Development Bank Group, which saw the attendance of ministers, officials, and representatives of financial and development bodies from member countries, according to a statement from the agency released today, Friday. During this session organized under the theme 'Regional Integration for Sustainable Prosperity', emphasis was placed on...

Jun 19, 2026echaab.dz
eBourse of June 17, 2026

eBourse of June 17, 2026

PDF-eBourse-of-17-06-2026_compressed The article eBourse of June 17, 2026 – No. 1450 | The Algerian economy appeared first on Ebourse.

Jun 16, 2026ebourse.dz
Officially... Banks Open Their Doors on Saturday Starting from July 10

Officially... Banks Open Their Doors on Saturday Starting from July 10

The 'Bank of Algeria' is behind the adoption of the new system to bring banking services closer to customers, reducing 4 hours on Thursday and reorganizing work to ensure compliance with the legal working hours. Bank branches and financial institutions in Algeria will start operating on Saturday from July 10, 2026, according to a weekly duty system that extends from 9 AM to noon, in implementation of instructions issued by the Bank of Algeria aimed at improving customer access to banking services. The measure includes various banking institutions across the country, with a reorganization of the working hours of the employees involved in the duty to ensure compliance with the legal working hours. This decision comes as part of enhancing the continuity of banking services...

Jun 18, 2026echoroukonline.com
Officially... Algeria is out of the FATF gray list!

Officially... Algeria is out of the FATF gray list!

The action plan supervised by President Tebboune bears fruit as the file for enhanced follow-up is closed. The Minister of Finance and the Governor of the Bank of Algeria lead the delegation to the decisive session in Paris. From Paris, the news that Algeria has been waiting for months has arrived, and the curtain has officially fallen on one of the most important financial and economic files that occupied public authorities over the last two years. After an intensive reform process that included extensive legislative amendments, unprecedented oversight measures, and comprehensive mobilization of various state institutions, the Financial Action Task Force (FATF) decided on Friday to remove Algeria from the gray list of countries under enhanced follow-up, in a clear international recognition of the effectiveness of the reforms undertaken and the country's success in aligning with...

Jun 19, 2026echoroukonline.com

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