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Exploring the business and economy news of Algeria

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Last update: 3 hours ago

Sovereign Wealth Spotlight: Oman Investment Authority (OIA) just posted record 2025 results—OMR2.9bn profit and 14.6% returns—ranking 3rd globally among sovereign funds, with OMR800m paid into the state budget. Oil Market Pressure: The IEA warns commercial oil inventories are being drained fast, with only a few weeks left, raising the odds of more price swings into peak summer demand. Cybersecurity in MENA: INTERPOL’s Operation Ramz has arrested 201 people across 13 countries, targeting phishing and malware scams that hit the region hard. World Cup Shockwaves: FIFA ticket demand is cooling—some resale prices are now under $100—while the US has waived visa bond requirements for eligible 2026 World Cup travelers, easing a major travel cost barrier for fans from Algeria and others. Algeria Business Angle: HD Hyundai XiteSolution secured a large Algeria government order for 316 industrial forklifts, with deliveries planned in phases by August. Education Stress Across Africa: New data flags that over 100m African children and adolescents remain out of school, with progress stalling.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Commercial Oil Inventories Depleting Rapidly With Only a Few Worth Left, IEA Head Says

Commercial Oil Inventories Depleting Rapidly With Only a Few Worth Left, IEA Head Says

MS Pharma Announces Strategic Growth Investment from Olayan Financing Company

MS Pharma Announces Strategic Growth Investment from Olayan Financing Company

Risks of freediving apparent with death of Algerian in Dubai but sport’s popularity still grows

Risks of freediving apparent with death of Algerian in Dubai but sport’s popularity still grows

Saudi Arabia, Russia, Kuwait, Venezuela and Libya Benefit from Elevated Crude Oil Prices While Global Economy Suffers

Saudi Arabia, Russia, Kuwait, Venezuela and Libya Benefit from Elevated Crude Oil Prices While Global Economy Suffers


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EIN Presswire

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EIN Presswire

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May. 6, 2026

Algerian President to Begin Three-Day Official Visit to Turkey

MENAFN

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May. 9, 2026

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EIN Presswire

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May. 4, 2026

Algeria Plans June Oil Production Hike

MENAFN

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