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Oil Prices Drop at Settlement

Oil Prices Drop at Settlement

Oil prices fell at settlement yesterday, Tuesday. Brent for June delivery dropped by $3.42 to $103.97 per barrel, and May futures for Brent fell by $5.57, or 4.94%, to settle at $118.35 per barrel. West Texas Intermediate futures dropped by $1.50, or 1.46%, to $101.38.

Apr 1, 2026radioalgerie.dz
Algeria and Serbia Discuss Expanding Cooperation in Hydrocarbons and Mining and Enhancing Investments

Algeria and Serbia Discuss Expanding Cooperation in Hydrocarbons and Mining and Enhancing Investments

The Minister of State, Minister of Hydrocarbons and Mining, Mohamed Arkab, discussed with Serbian Minister for International Economic Cooperation, Nenad Popovic, ways to enhance bilateral cooperation in the fields of hydrocarbons and mining, as well as investment and industrial partnership opportunities between the two countries. The discussions took place yesterday evening, Tuesday, in the presence of the Secretary of State for Mining, Karima Bakir Tafer, and several officials from both sides, during the official visit of the Serbian delegation to Algeria led by Prime Minister Matija Gubec.

Apr 1, 2026echoroukonline.com
Investment of $750 million and one million tons annually.. Progress in the Gara Djebilet iron ore valorization project

Investment of $750 million and one million tons annually.. Progress in the Gara Djebilet iron ore valorization project

The Gara Djebilet iron ore valorization project is witnessing significant progress, with an investment exceeding $750 million and an annual production capacity estimated at 4 million tons of concentrated iron, with expectations of creating 760 direct jobs and thousands of indirect jobs, as part of supporting the development of the iron and steel industry and enhancing the added value of national resources. The Director General of the Algerian Investment Promotion Agency, Omar Rakach, chaired a working meeting yesterday evening, dedicated to monitoring the progress of the project, attended by the CEO of SONARAM, Redha Belhaj, the Deputy CEO of Tosyali Algeria, Alp Topkoglu, along with representatives from the General Directorate of National Properties and officials from the agency.

Apr 1, 2026echoroukonline.com
Gara Djebilet Project: $750 Million Investment to Produce 4 Million Tons of Iron Annually

Gara Djebilet Project: $750 Million Investment to Produce 4 Million Tons of Iron Annually

The iron ore valorization project at the Gara Djebilet mine is witnessing significant progress, with an investment exceeding $750 million and an annual production capacity estimated at 4 million tons of concentrate iron, along with expectations to create 760 direct jobs and thousands of indirect jobs, as part of supporting the development of the iron and steel industry and enhancing the added value of national resources. The Director General of the Algerian Investment Promotion Agency, Omar Rakach, chaired a working meeting yesterday evening to follow up on the project's progress, attended by the CEO of SONARAM, Redha Belhaj, the Deputy CEO of Tosyali Algeria, Alp Topkoglu, along with representatives from the General Directorate of National Properties and officials from the agency.

Apr 1, 2026echoroukonline.com
Construction Materials, Mechanical Industries, and Digitalization at the Forefront of Algerian-Serbian Partnership

Construction Materials, Mechanical Industries, and Digitalization at the Forefront of Algerian-Serbian Partnership

The sectors of construction materials, mechanical industries, and agricultural equipment, along with technological and digital industries, are at the forefront of cooperation between Algeria and Serbia, reflecting a mutual desire to build an industrial partnership based on integration and technology transfer. View the full content on الشروق أونلاين

Mar 31, 2026echoroukonline.com
Joint Business Council and Exhibitions to Enhance Trade Exchanges between Algeria and Serbia

Joint Business Council and Exhibitions to Enhance Trade Exchanges between Algeria and Serbia

Algeria and Serbia are moving towards enhancing their trade cooperation through practical mechanisms, primarily the establishment of a joint business council and increasing participation in economic exhibitions and salons, which opens wider horizons for economic operators in both countries. According to a statement from the Ministry of Foreign Trade and Export Promotion, which 'Echorouk' received a copy of, the Minister of Foreign Trade and Export Promotion Kamel Rezik was received by the Prime Minister of the Republic of Serbia, Goran Markovic, who is on a working visit to Algeria. Read the full content on Echorouk Online.

Mar 31, 2026echoroukonline.com

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