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Discussion on Enhancing Economic Cooperation between Algeria and South Korea

Discussion on Enhancing Economic Cooperation between Algeria and South Korea

The President of the Algerian Economic Renewal Council, Kamel Moula, along with his deputy Redha Hachlaf, discussed with the Chargé d'Affaires ad interim at the Embassy of the Republic of Korea in Algeria, Um Seong-byu, ways to enhance economic cooperation and trade exchange between the two countries and develop new partnerships in various sectors. According to a statement from the council, this meeting took place yesterday, Wednesday, at the headquarters of the Algerian Economic Renewal Council, where both sides addressed the prospects for expanding economic relations between Algeria and South Korea, thereby enhancing cooperation opportunities among economic actors in both countries. Read the full content on Echourouk Online.

Mar 12, 2026echoroukonline.com
At this price.. Algeria buys about 200,000 tons of wheat in an international tender

At this price.. Algeria buys about 200,000 tons of wheat in an international tender

European traders said that the Algerian Professional Office of Cereals is believed to have purchased between 150,000 and 200,000 tons of milling wheat in an international tender held on Tuesday, with shipments to be made to only two ports in Algeria. The traders added, according to Reuters, that the purchased quantity represents the minimum of expectations that indicated on Tuesday evening a purchase of about 200,000 tons. The purchase price was estimated at about $291 per ton, including costs and shipping, which is the same level estimated the previous day. Read the full content on Echourouk Online.

Mar 12, 2026echoroukonline.com
Iran warns: Oil prices could reach $200 per barrel

Iran warns: Oil prices could reach $200 per barrel

Iran has warned that the world must prepare for the possibility of oil prices reaching $200 per barrel, following its forces launching attacks on commercial ships in the Gulf, according to Iranian media reports. These warnings come amid escalating regional tensions following a war that began with joint American-Israeli airstrikes about two weeks ago, resulting in the deaths of around two thousand people, mostly Iranians and Lebanese, and causing significant damage to global energy and transportation markets. Read the full content on الشروق أونلاين.

Mar 12, 2026echoroukonline.com
Algeria Tops the List of Most Expensive Arab Crude Oils

Algeria Tops the List of Most Expensive Arab Crude Oils

The Algerian Saharan blend topped the list of the most expensive Arab crude oils in February 2026, recording $73.59 per barrel compared to $67.73 in January, an increase of $5.86. According to the report from OPEC released yesterday, the average price of the OPEC basket rose to $67.90 per barrel compared to $62.31 in the previous month. View the full content on الشروق أونلاين.

Mar 12, 2026echoroukonline.com
Through “Medgaz and Transmed”.. Algeria Confirms Its Strategic Role in European Gas Supplies

Through “Medgaz and Transmed”.. Algeria Confirms Its Strategic Role in European Gas Supplies

Algeria has maintained its position as the leading gas supplier to Spain over the past twelve months, supplying the Spanish market with approximately 107,114 GWh between March 2025 and February 2026, which accounts for 34.1% of the country's total imports, surpassing the United States and Russia, according to data from Enagas, the operator of the Spanish gas network. Algerian supplies to Spain primarily reach via the Medgaz gas pipeline, while gas from the United States and Russia is supplied in the form of liquefied natural gas transported by sea. Read the full content on Echourouk Online.

Mar 12, 2026echoroukonline.com
Ministerial delegation in Bejaia to inspect this strategic project

Ministerial delegation in Bejaia to inspect this strategic project

A ministerial delegation led by the Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, accompanied by the Minister of Public Works and Basic Infrastructure Abdelkader Djaloui, and the Secretary of State to the Minister of Hydrocarbons and Mines in charge of mines, Karima Bekir Tafer, arrived today, Wednesday, March 12, in Bejaia. According to the Bejaia province, Arkab confirmed during this work and inspection visit that the zinc and lead mine located in the municipalities of Amizour and Tala Hamza is among the most important strategic projects in the mining sector in Algeria, given its significant economic and developmental dimensions, during his inspection of the mine entrance preparation works. Watch the full content on Echourouk Online.

Mar 12, 2026echoroukonline.com
Huawei Algeria Honors Innovative Students

Huawei Algeria Honors Innovative Students

Huawei Algeria honored the winning student teams in the first edition of the 'Tech4Connect 2026' hackathon focused on addressing core challenges in agricultural technology and smart cities using artificial intelligence, 5G technologies, and Huawei Cloud, yesterday evening in Algiers as part of the ICT Day events.

Mar 12, 2026echaab.dz
Unprecedented Amount of Oil Reserves Released into the Market

Unprecedented Amount of Oil Reserves Released into the Market

The head of the International Energy Agency, Fatih Birol, announced that member countries reached an agreement to withdraw 400 million barrels from strategic oil reserves to compensate for the supply shortage caused by military escalation in the Gulf and Middle East, marking the largest amount ever withdrawn in the agency's history.

Mar 12, 2026echaab.dz
Information and Communication Technology Exports Exceed $33 Billion in February

Information and Communication Technology Exports Exceed $33 Billion in February

South Korea's exports of information and communication technology products reached $33.6 billion in February, compared to $16.5 billion during the same period last year. The Korean Ministry of Science and Information and Communication Technology stated that information and communication technology exports accounted for 49.8 percent of the country's total exports of $67.45 billion in February.

Mar 12, 2026al24news.dz

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