
South Korea's exports rise 48.3 percent year-on-year in March
AL24 News - South Korea's exports rise 48.3 percent year-on-year in March - news
Latest updates from the Algerian business ecosystem

AL24 News - South Korea's exports rise 48.3 percent year-on-year in March - news

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.

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.

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.

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.

The Algerian group Sarl Ibrahim & Fils, known under the Ifri brand, takes a new step in its internationalization strategy

The economic repercussions on Algeria are evident: increased foreign currency revenues from oil exports.

The Prime Minister, Mr. Sifi Ghrieb, held bilateral talks yesterday at the Government Palace with the Prime Minister

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

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.

Twenty Algerian companies specializing in agriculture and agri-food are participating in the International Food & Drink Event IFE 2026.

In an increasingly fragmented world in terms of trade and geopolitics, the report from the African Development Bank
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