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Oil rises by about 3 percent at settlement

Oil rises by about 3 percent at settlement

Oil prices rose by about three percent at settlement yesterday, Monday. Brent crude futures climbed $2.92 or 2.88 percent to $104.21 a barrel at settlement, while West Texas Intermediate crude increased $2.65 or 2.78 percent to $98.07 a barrel. Earlier in the session, Brent prices had risen to $105.99 a barrel and U.S. crude to $100.37. Both crude types recorded losses of about six percent last week.

May 12, 2026radioalgerie.dz
Rzig chairs a coordination meeting with bank representatives on financing retail activity

Rzig chairs a coordination meeting with bank representatives on financing retail activity

Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, chaired a coordination working meeting that included ministry officials and representatives of the Professional Association of Banks and Financial Institutions, along with representatives of commercial banks authorized to conduct foreign trade operations, according to a statement from the ministry today, Monday.

May 11, 2026aps.dz
The era of bureaucracy and running between administrations is over!

The era of bureaucracy and running between administrations is over!

Rakach: 54 percent of 21,000 projects have been realized and 14 percent are in the exploitation phase. The inclusion of bank loans within the 'single window' process according to a precise specifications. The government announced that investment in Algeria has entered a new and decisive phase, aimed at ending the era of running between administrations and multiple procedures, and transitioning to a unified and rapid system under the umbrella of the single window. This transformation aims to put a definitive end to the phase of the 'dummy window' which lacked authority, and establishes a real window where investors can complete all their procedures in one place. The single window will be organized in the form of poles across the provinces, where the investor enters a single administrative building and submits all their files and declarations, including administrative licenses...

May 11, 2026echoroukonline.com
Expected Discounts from Real Estate Developers on Housing Prices

Expected Discounts from Real Estate Developers on Housing Prices

The 'Mohamed Ben Ahmed' Conference Center in Oran will host the 13th edition of the International Salon of Real Estate Developers, Smart Housing, and Decoration 'Elogia' from July 27 to 30, according to the salon's governor, Akram Sidi Yakhlef. This economic event is expected to feature around 100 exhibitors from real estate developers and professionals in the real estate and housing sector, alongside representatives from public and private construction companies from Algeria, as well as foreign companies and others with partnerships with Algerian institutions, representing several countries such as China, Tunisia, Italy, Spain, and Portugal, as explained to 'APS' by Sidi Yakhlef, head of the communication agency 'Ab Concept Design'.

May 11, 2026echoroukonline.com

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