Latest updates from the Algerian business ecosystem
AL24 News - Algeria and Mauritania discuss enhancing trade exchanges and completing the differential agreement - news
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AL24 News - Launch of the 20th session of the Algeria-Mauritania Joint Cooperation Committee - news
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Algeria - The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, chaired a national meeting dedicated to the date sector, with the participation of industry professionals and representatives of agricultural organizations, according to a statement from the ministry.
aps.dzOran - Professionals and grain producers in the provinces of Tiaret, Oran, and Mascara praised the instructions of the President of the Republic, Mr. Abdelmadjid Tebboune, which he provided during the Cabinet meeting he chaired last Sunday, regarding the complete readiness for the harvest and threshing season and the provision of necessary mechanization for farmers.
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The Minister of Foreign Trade and Export Promotion, Kamel Rezig, discussed with the Mauritanian Minister of Trade and Tourism, Zainab Bint Ahmednah, ways to enhance trade cooperation between the two countries, particularly the completion of the preferential agreement and facilitating trade exchanges, according to a statement from the ministry today, Tuesday.
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The Minister of State, Minister of Hydrocarbons and Mines, Mohamed Aqrab, discussed with the Mauritanian Minister of Oil and Energy, Mohamed Ould Khaled, ways to enhance bilateral cooperation in the hydrocarbons sector, focusing on supporting exploration and production projects in Mauritania and expanding partnership across various stages of the value chain, from exploration to transportation, conversion, and marketing, alongside developing the oil and gas industry through knowledge transfer and training programs. According to a statement from the relevant ministry, Aqrab confirmed during the talks Algeria's readiness, through the SONATRACH group, to accompany the Mauritanian side and share its technical expertise, contributing to enhancing the capabilities of the energy sector in Mauritania and supporting its development. Read the full content on...
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On Monday, a partnership agreement was signed between the Jijel Port and the Algerian Qatari Steel Company, aimed at facilitating import and export procedures and improving the flow of logistics operations, which contributes to reducing processing times within the port and enhancing the competitiveness of national products in international markets. A statement issued by the port management clarified that this step is part of enhancing integration between the industrial and logistics sectors, by adopting more flexible and effective mechanisms in managing operations related to the movement of goods. Read the full content on Echourouk Online.
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The Minister of Foreign Trade and Export Promotion, Kamel Rezig, presided over the inauguration ceremony of the Guidance Council of the Algerian Export Agency yesterday, Monday, in a move aimed at developing the national export system and enhancing the presence of Algerian products in international markets. According to a statement from the relevant ministry, the minister confirmed that the establishment of this council is a realization of the directives of the high authorities aimed at promoting non-hydrocarbon exports, emphasizing the importance of the expected role in supporting the state's efforts to diversify the national economy. Watch the full content on Echourouk Online.
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The Minister of Foreign Trade and Export Promotion, Kamel Rezig, discussed with the Mauritanian Minister of Trade and Tourism, Zainab Bint Ahmednah, ways to enhance trade cooperation between the two countries, focusing on accelerating the completion of the preferential agreement and simplifying customs procedures for goods to support the smooth flow of trade and encourage economic operators to expand their activities. According to a statement from the relevant ministry, the discussions addressed the continuation of expert work between the two sides to complete the signing process of the preferential agreement, which contributes to expanding opportunities for products to access the markets of both countries and enhancing the volume of trade exchange. View the full content on Echourouk Online.
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Gold prices rose by about $45 during trading on Monday, continuing to gain for the second consecutive session as the U.S. dollar index fell. Futures prices for gold increased by 0.99%, or $44.70, reaching $4569 per ounce. Spot gold prices rose by 0.97% to $4537.51 per ounce. Meanwhile, spot silver prices increased by 1.03% to $70.48 per ounce, and spot platinum prices rose by 3.23% to $1926.99 per ounce, while spot palladium prices increased by 3% to $1424.6 per ounce.
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Oran – Algeria's position in the field of green hydrogen development is strengthened as one of the main axes of energy transition, where national and foreign experts discussed the opportunities and challenges of this promising sector during a specialized seminar on Monday in Oran. Participants in this roundtable, organized under the title 'Hydrogen: Challenges and Opportunities', confirmed that Algeria does not only aim to position itself as an emerging player but aspires to become a strategic pillar, especially for the European market, amid the accelerating pace of energy transition. The roundtable moderator, energy expert Walid Kremia, explained that the national strategy outlined for 2030-2040 is based on a gradual approach aimed at mastering the technologies involved.
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Oil prices fell slightly today, Tuesday, after a report indicated that U.S. President Donald Trump informed his aides of his readiness to end the war with Iran even without reopening the Strait of Hormuz. By 09:15 Moscow time, Brent crude futures dropped 0.36% to $107 per barrel, and U.S. West Texas Intermediate futures fell 0.21% to $102.66 per barrel, after reaching their highest level since March 9 at the start of trading. Analysts stated that the price drop is a temporary reaction to the idea of ending the war, but any significant change in prices will only occur after the full resumption of oil flow through the Strait of Hormuz. The Wall Street Journal reported...
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