ALGIERS-The national oil & gas Group “Sonatrach” and China’s CNTIC/LPEC Group sealed Thursday a contract to build a Methyl Tert-Butyl Ether (MTBE) production plant under an investment worth DZD76 billion (about US$500 million).

ISTANBUL (Turkey)-The President of the Republic, Abdelmadjid Tebboune chaired Tuesday the opening of the Algeria-Turkey Business Forum during his state visit to Turkey, at the invitation of the Turkish President, Recep Tayyip Erdogan. 

ALGIERS-The Minister of Energy and Mines, Mohamed Arkab will pay a working visit to Italy on 12-14 May, at the invitation of the Minister for the South and Territorial Cohesion to the Italian Council of Ministers, Mara Carfagna, the ministry said Wednesday in a statement. 

ALGIERS- The minister of Energy and Mining, Mohamed Arkab, received Tuesday at the ministry's headquarters, the chairman of the Board of Directors of the Arab Fertilizers Association (AFA), the CEO ASMIDAL Group, Heouaine Mohamed Tahar, the secretary general of the AFA, Raed Al-Saoub, along with a  delegation of the association, the ministry said in a statement.

ALGIERS- The government, met Thursday under the chairmanship of Prime Minister Aïmene Benabderrahmane, examined the amendment of the ordinance of 2008 relating to the grant of land under the private domain of the State meant for investment.

ALGIERS- The government examined during its weekly meeting, held Wednesday at the Palace of Government, under the chairmanship of Prime Minister Aïmene Benabderrahmane a report on the assessment of the housing policy, the Prime Minister’s Office said in a statement.

ALGIERS- Sonatrach group has dominated the ranking in the Arab region in terms of oil exploration, by carrying out three new exploration operations in the first quarter of 2022, and topped the annual ranking of “the 500 best African companies,” the group said in a statement.  

ALGIERS- The 53^rd International Fair of Algiers will be held from 13 to 18 June at the Exhibition Center of Algiers, the Algerian Company of Fairs and Exports (SAFEX), the event’s organizer, told APS.

ALGIERS- Sonatrach and Italian group ENI signed Monday, in Algiers, an agreement in the field of gas, in the presence of President of the Republic Abdelmadjid Tebboune and Italian Prime Minister Mario Draghi, Sonatrach said in a statement.

ORAN- The steel complex Tosyali in Bethioua (east of Oran) exported for USD320 million in the first quarter of 2022, the complex’ officials said on Saturday.