News

Latest updates from the Algerian business ecosystem

Official session
ALL360.00DZD0.00%AUR344.00DZD0.00%AYRD830.00DZD0.00%BDL1,400.00DZD0.00%BIO2,358.00DZD0.00%CPA1,995.00DZD0.00%SAI450.00DZD0.00%AOM290.00DZD0.00%CREX1,600.00DZD0.00%MST725.00DZD0.00%AL30100.00DZD0.00%ML30100.00DZD0.00%RX33100.00DZD0.00%TS3099.00DZD0.00%
Showing 4,525–4,536 of 12,884 articles
Other
اقتصاد البلد

Thunderstorms in these provinces today, Friday

The meteorological services revealed the weather forecast for today, Friday, where stable and sunny weather is expected in most northern regions, while thunderstorms are anticipated in some southern provinces. According to the same services, the northern regions will experience sunny weather, with temperatures ranging between 22 and 31 degrees in coastal areas, and between 27 and 36 degrees in inland areas, while wind speeds will reach 30 km/h. As for the southern regions, they will experience sunny weather alongside the formation of thunderstorm clouds in the southwestern and southeastern areas during the afternoon, with temperatures ranging between 27 and 43 degrees, and winds reaching speeds of 50 km/h.

May 29, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
اقتصاد البلد

Oil Prices: Decline and Head Towards the Biggest Weekly Loss Since April

Oil prices fell today and are heading towards the biggest weekly loss since early April 2026, following reports of an agreement between Washington and Tehran to extend the ceasefire, although the agreement has not yet been ratified. Futures contracts for West Texas Intermediate crude for July fell by 1.19% to $87.84 per barrel. Meanwhile, futures contracts for Brent crude for the same month dropped by 0.96% to $92.81 per barrel. Brent crude has declined by 10.5% this week, marking the largest drop since the week ending April 6, 2026, while West Texas Intermediate crude suffered a weekly loss of 9.2%, the largest since the week ending April 13, 2026.

May 29, 2026iqtissadalbalad.dz
Other
اقتصاد البلد

Water supply interruption in these areas

The company 'SEOR' announced a scheduled shutdown of the 'Ras El Abiod' station and a temporary change in the water distribution program in the western region of Oran. The company clarified in a statement today that as part of the periodic maintenance programs for the internal facilities of the 'Ras El Abiod' seawater desalination plant, a complete production shutdown at the station has been scheduled for June 1, 2026. This periodic work aims to enhance the station's effectiveness and ensure the continuity of public water service at the highest quality levels, as well as improve supply conditions and meet citizens' needs, especially during the summer season, which sees peak consumption. A temporary change will occur in the drinking water distribution program, which will primarily affect ...

May 29, 2026iqtissadalbalad.dz
Other
اقتصاد البلد

Gold prices on track for third consecutive monthly loss

Gold prices rose during trading on Friday by about $13, but remained on track for a third consecutive monthly loss, as markets awaited developments in the ceasefire between the United States and Iran. August gold futures rose by 0.3% to $4544.80 an ounce. At the same time, spot gold contracts increased by 0.5%, equivalent to about $22, to record $4514.19 an ounce. In other precious metals, spot silver contracts fell by 0.1% to $75.55 an ounce, while palladium rose by 0.6% to $1375.25, and spot platinum dropped by 0.4% to $1915.30.

May 29, 2026iqtissadalbalad.dz
Other
اقتصاد البلد

Significant Thunderstorms in 9 Provinces Today, Saturday

The meteorological services reported significant thunderstorms locally in several provinces of the country during the day today, Saturday. According to a warning from the same services, the concerned provinces are: Souk Ahras, Oum El Bouaghi, Tebessa, Khenchela, Batna, Béchar, Beni Abbes, Illizi, and Ghardaïa. The same services urged citizens and road users to exercise caution, especially in areas that may experience significant rainfall and thunderstorm activity.

May 30, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
اقتصاد البلد

Oil prices record largest drop in 7 weeks

Oil prices fell by more than 2% on Friday's session, marking the largest weekly loss since early April, following reports of a potential agreement between the United States and Iran to extend a ceasefire. Brent crude futures for July settled at $92.05 a barrel, down $1.66, or 1.8%. West Texas Intermediate crude futures fell $1.54 or 1.7% at settlement to $87.36 a barrel.

May 30, 2026iqtissadalbalad.dz
Sustainability & Green Economy
اقتصاد البلد

Ministry of Environment Commends Citizens' Response in the Campaign for Valuing Sacrificial Hides

The Ministry of Environment and Life Quality confirmed the success of the campaign to collect and value sacrificial hides in several regions of the country, thanks to the awareness of citizens and their positive cooperation with various intervening parties, which contributed to enhancing the culture of valuing this wealth instead of discarding it. The ministry explained that the recorded turnout and citizens' contribution to the collection process reflect the growing awareness of the importance of utilizing sacrificial hides as a valuable resource, in line with efforts to protect the environment and promote the circular economy. The ministry also appreciated the efforts of all contributors in raising awareness and participating in collection operations, calling for the continued establishment of a culture of valuation and environmental preservation through purposeful citizen initiatives.

May 30, 2026iqtissadalbalad.dz

Business News Sources

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.