Economy
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Algiers Port Launches First Rail Container Service
The first-ever rail container transport operation from the Port of Algiers has been launched, with containers transported to Rouiba area,…
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Gold Jumps 2.1% on Geopolitical Tensions as US Actions Fuel Safe-Haven Demand
Gold prices rose sharply on Monday, with the ounce gaining 2.1% compared to last week amid escalating geopolitical tensions. As…
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South Korea’s Exports Surpass $700 Billion in 2025
South Korea’s exports reached $709.7 billion in 2025, marking an increase of 3.8 percent compared to 2024 and recording the…
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President Tebboune: Algeria Enters Decisive Economic Phase
The Algerian President, Abdelmadjid Tebboune, affirmed Tuesday in Algiers that Algeria has entered a decisive economic phase, fueled by the…
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Global Markets End Year on Cautious Optimism Amid Fed Rate-Cut Expectations and Geopolitical Developments
Global markets began the final week of the year with cautious optimism, supported by expectations that the US Federal Reserve…
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2025: Algeria Confirms Its Role as an Economic Leader in Africa Driving Continental Integration
Algeria’s commitment to African development gained significant momentum in 2025, as the country hosted major pan-African economic events while launching…
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2025: Western Algeria’s Mining Railway Megaproject a Key Driver of the National Economy
The construction of the western Algerian mining railway line megaproject linking Bechar, Beni Abbes, Tindouf and Gara Djebilet across nearly…
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BP Sells 65% Stake in Castrol to Stonepeak for $10.1 Billion
British oil major BP announced on Wednesday that it has reached an agreement to sell its 65% stake in lubricant…
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Algeria – Gara Djebilet Mine Exploitation: Ministerial Delegation in Bechar to Assess Preparations
A high-level ministerial delegation paid a working visit to Bechar province on Tuesday to evaluate the preparations for the major…
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US Consumer Confidence Tumbles in December
US consumer confidence languished at a multi-month low in December as a slowing job market offset better sentiment after the…
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