Latest updates from the Algerian business ecosystem
As most forecasts indicated, the war in the Middle East surged oil prices to nearly $120 a barrel for the first time in three years after its first week, prompting some countries to take measures that may help mitigate the war's impact on oil supplies, especially in Europe, amid fears of a greater impact if the conflict prolongs...
al24news.dz
A spokesperson for the European Commission stated on Monday that the parties involved in coordinating oil and gas supplies in the European Union will meet on Thursday to discuss the situation in the Middle East. These groups are expected to monitor the impact of the war in the Middle East on the energy sector and discuss the latest assessments from member countries regarding oil supplies, following the American-Israeli war on Iran...
al24news.dz
Crude oil prices have surpassed the $100 per barrel mark for the first time in over three and a half years. The price of Brent crude reached $101.19 shortly after trading resumed on the Chicago Mercantile Exchange, up 9.2 percent from last Friday's closing price of $92.69. West Texas Intermediate crude was sold at $107.06 per barrel, a 16.2 percent increase from last Friday's closing price of $90.90.
radioalgerie.dz
Professor Ibrahim Mouhouch, a member of the National Council for Scientific Research and Technology and an expert in water economy and management, revealed that seawater desalination is expected to cover about 67 percent of drinking water needs in Algeria by 2030, up from approximately 47 percent currently, in a move that would alleviate pressure on water resources allocated to agricultural activities. Mouhouch explained, during his appearance on the 'Multimedia Economy' program on Algerian radio, that this shift in drinking water sources will allow for greater allocation of water resources to the agricultural sector, thereby enhancing agricultural production capabilities in the country. Watch the full content on Echourouk Online.
echoroukonline.com
Oil prices surged by more than 25 percent to reach their highest levels since mid-2022, with Brent crude futures rising by about $24.96, or 27 percent, to $117.65 per barrel, while West Texas Intermediate crude increased by $25.72, or 28.3 percent, to $116.62 per barrel, marking the largest daily price jump ever. According to trading data, West Texas Intermediate crude rose by 31.4 percent, hitting a session high of $119.48 per barrel, while Brent crude reached $119.50, up 29 percent. This increase follows strong gains last week, with Brent crude rising by 27 percent, while WTI jumped...
echoroukonline.com
Historical and cultural capital of Central Maghreb, Tlemcen asserts itself in 2026 as a strategic economic crossroads on the western border.
ecotimesdz.com
A flagship municipality of the Béjaïa province, Akbou is the true economic lung of the Soummam valley.
ecotimesdz.com
The Minister of Post and Telecommunications, Sid Ali Zerrouki, visited the headquarters of the company Algérie.
ecotimesdz.com
For a long time, the issue of solar energy has been approached mainly from an environmental or technological perspective.
algeriainvest.info
Launch of the "Yasir Market" chain for large-scale trade in Algeria.
elkhabar.com
Chlef is experiencing an economic development dynamic focused on private investment, agribusiness, and industry (yeast, materials) with 14 projects unlocked.
ecotimesdz.com
Jointly led by the World Bank and the AfDB, the Mission 300 initiative brings together, according to Ecofin agency, several donors
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