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MOSCOW (Russia) – The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) expressed Monday in Saint-Petersburg, conviction that the world oil market is steadily progressing towards "rebalancing."
ALGIERS- The implementation of the cooperation agreement between the countries of the Organization of the Petroleum Exporting Countries OPEC and non-OPEC countries is “globally excellent,” said Monday, in St-Petersburg (Russia), the minister of Energy Mustapha Guitouni who also reiterated that Algeria will continue to work for solutions that are satisfying to all.
ALGIERS- Some 250 national and foreign exhibitors will participate in the first international fair of tourism investment and equipment, to take place at Algiers Exhibition Centre from 27 to 30 September, the event's organizers announced Sunday in Algiers.
ALGIERS – The first training session in exporting has been launched Sunday in Algiers in the benefit of economic operators. The training is provided by the World Trade Center Algiers (WTC) and the National Agency for Foreign Trade Promotion (Algex).
ALGIERS- Algeria's trade balance showed a deficit of US$4.84 billion in the first half of 2017 against US$10.57 billion during the same period in 2016, down by 54.15%, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS.
ALGIERS- The evolution of the average annual rate of consumer prices stood at 6.5% until late June 2017, the National Statistics Office told APS.
ALGIERS- About twenty projects worth more than €200 million were jointly identified by Algeria and the European Union (EU) to support the diversification of the national economy, some of which have already been carried out, said Thursday, in Algiers, Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn.
ALGIERS- Minister of Industry and Mining Mahdjoub Bedda has received, Wednesday in Algiers, Iranian Ambassador to Algeria Reda Amiri, with whom he discussed prospects for economic partnership, as well as the project of the Iranian car manufacturer SAIPA in Algeria, said Thursday the Ministry in a communiqué.
ALGIERS – Ministry of Industry and Mines, Mahdjoub Bedda, received Wednesday in Algiers Italy’s ambassador Pasquale Ferrara who voiced the willingness of the Italian car manufacturer Fiat Chrysler to settle in Algeria through a project of car assembly unit, said Thursday a communiqué of the ministry.
HASSI MESSAOUD- Group Sonatrach must find an alternative so generate revenue from its facilities as oil prices are still low, said Wednesday in Hassi Messaoud CEO of the National Oil Group Abdelmoumen Ould Kaddour.

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