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Oil Drops Below $100 After Trump's Ceasefire Announcement with Iran

Oil Drops Below $100 After Trump's Ceasefire Announcement with Iran

Oil prices fell today, Wednesday, to below $100 per barrel, following U.S. President Donald Trump's announcement of a two-week ceasefire with Iran, provided that the Strait of Hormuz is reopened immediately, a move that directly affected global markets. According to trading data, Brent crude dropped by about $14.84, equivalent to 10.10 percent, settling at $92.97 per barrel, while West Texas Intermediate crude fell by $16.13, or 14.3 percent, reaching $94.82 per barrel, as of 08:04 GMT. View the full content on Echourouk Online.

Apr 8, 2026echoroukonline.com
Algeria is the Fourth Largest Arab Economy in 2026

Algeria is the Fourth Largest Arab Economy in 2026

Algeria ranked fourth among Arab countries in terms of the largest economies according to the Purchasing Power Parity (PPP) standard for 2026, with a GDP of $915.79 billion, indicating a productive and consumer strength that exceeds what is reflected by exchange rate-based indicators. According to the latest estimates from the International Monetary Fund, which relied on data from the World Economic Outlook report (October 2025), this classification reflects a qualitative advancement for the Algerian economy, as the Purchasing Power Parity standard is considered an accurate tool for measuring the real size of economies, as it takes into account differences in local price levels and reflects actual purchasing power.

Apr 8, 2026echoroukonline.com
Investment Salon Organizes Gathering of the Algerian Community with National Competencies in France on This Date

Investment Salon Organizes Gathering of the Algerian Community with National Competencies in France on This Date

France will host the 'Investment Salon in Algeria' on July 4 and 5, 2026, in an initiative aimed at strengthening economic ties between Algeria and its diaspora, establishing a platform that brings together investors and competencies on both sides of the Mediterranean, supporting the entrepreneurship ecosystem and enhancing partnership opportunities. According to the organizers' statement to 'Echorouk Online', this event will take place in the 'Île-de-France' region as the first edition aimed at companies, investors, and members of the French-speaking Algerian community, designed to be a space that combines professional interactions between companies (B2B) and interactions with individuals (B2C), over two days featuring a diverse program including professional meetings, thematic conferences, and exhibition spaces.

Apr 8, 2026echoroukonline.com
An Algerian Wilaya Achieves Production Exceeding 920,000 Quintals of Dates

An Algerian Wilaya Achieves Production Exceeding 920,000 Quintals of Dates

The date production in the Wilaya of Ouargla during the agricultural season 2025-2026 reached a total of 920,142 quintals, marking an increase compared to the previous season. According to Fatihah Boubakri, head of the production organization and technical support department at the Directorate of Agricultural Services, in a statement to Algerian Radio, the achieved production was distributed between 377,154 quintals of 'Deglet Nour' dates, 424,606 quintals of 'Gharas', in addition to 10,462 quintals of 'Dakhla White', while the production quantity of other varieties reached 107,920 quintals. Watch the full content on Echourouk Online.

Apr 8, 2026echoroukonline.com
Algerian-Mauritanian Economic Momentum Enhances Prospects for Bilateral Partnership

Algerian-Mauritanian Economic Momentum Enhances Prospects for Bilateral Partnership

The Algerian Economic Renewal Council (CREA) confirmed a strong and record participation of economic operators and businessmen during the Algerian-Mauritanian Business Council meeting, highlighting that this dynamic reflects a shared desire to enhance trade exchange and create tangible investment opportunities between the two countries. The council explained in a statement that this event represented a new step towards building a promising strategic economic partnership, coinciding with the organization of distinguished bilateral B2B meetings, overseen by both the Algerian Economic Renewal Council and the Algerian Chamber of Commerce and Industry, which provided a practical platform to enhance joint cooperation. Read the full content on Echourouk Online.

Apr 8, 2026echoroukonline.com

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