Economy
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Weak US employment rates fuel fears of looming economic recession
Recession fears were triggered following a sharp deterioration in manufacturing activity in the United States, and were perpetuated on Friday…
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Oil Demand Expected to Rise in the Near Future (Arkab)
Oil demand is anticipated to follow an upward trajectory in the near future, potentially stabilizing current market fluctuations. The Algerian…
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SONATRACH and SONELGAZ Sign MoU with Italian ENI SPA
The national state-owned oil company of Algeria SONATRACH and its electricity and natural gas distribution company, SONELGAZ signed, today, a Memorandum of Understanding…
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Sonatrach signs a memorandum of understanding and a Confidentiality Agreement with the Canadian company Stream-Flo Industries Ltd
Algiers, 30th July 2024 – Sonatrach signed today at its Headquarters, a Memorandum of understanding and a confidentiality Agreement with…
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President Xi Jinping meets PM Giorgia Melonia to resume bilateral economic cooperation
BEIJING – China’s president Xi Jinping met with the Italy’s Prime Minister Giorgia Meloni at Beijing’s Diaoyutai State Guesthouse, where…
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Turkey : Long-term LNG purchase contracts to be signed with various suppliers
ANKARA – Turkey is set to finalise long-term contracts for liquefied natural gas (LNG) to cover the 2027-2037 period, in…
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Sonatrach : Pilot project to plant 10 million shrubs to limit carbon emissions
ALGIERS – The Algerian company Sonatrach, in partnership with the General Directorate of Forests (DGF), will launch a pilot project…
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Oil prices fell by about 1.5% due to weak demand from China
New York, July 27, 2024 – Oil futures contracts fell, on Friday, by about 1.5%, ending the week on a…
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Deep Economic Reforms Propel National Economy to Africa’s Third Place – Algeria’s President
Algiers, July 25, 2024 – President Abdelmadjid Tebboune announced today in Algiers that the profound reforms undertaken in the Algerian…
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Agriculture: Mauritanian Delegation in Algeria to Explore Cooperation Opportunities
ALGIERS, July 25, 2024 – A Mauritanian business delegation is visiting Algeria to explore potential cooperation and partnership opportunities with…
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