Algeria signs $5.4bln oil and gas deal with Saudi firm Midad Energy

Algeria's state-owned energy company Sonatrach has signed a contract with Saudi Arabia's Midad Energy for oil and gas exploration and exploitation in Algeria's Illizi Basin, Ennahar TV reported on Monday. The contract, valued at approximately $5.4...

Algeria Secures $5.4 Billion Oil and Gas Deal with Saudi Midad Energy

Algerian state oil and gas firm Sonatrach has signed a $5.4-billion exploration and production agreement with Saudi Arabian firm Midad Energy, Algerian news outlet Ennahar TV reported on Monday, citing a statement from Sonatrach. The 30-year...

Algeria-USA : Partners but Also Competitors, Algiers Reclaims Its Position as Number One Gas Supplier in Spain

Facebook Twitter LinkedIn WhatsApp Algeria and the USA are strong economic partners in various sectors, yet they are also competitors, especially when it comes to selling hydrocarbons. In this arena, both sides defend their positions vigorously,...

Another Attempt to Claim Moroccan Heritage as Algerian Ambassador Appears in Caftan

Rabat – Asma Babouche, Algeria’s Ambassador to Bulgaria, recently wore the traditional Moroccan caftan while presenting her credentials in Bulgaria, reopening the debate about Algeria’s constant appropriation of Moroccan cultural heritage. The...

Algeria clinches $5.4 billion oil and gas deal with Saudi Arabia

Amid shifting North African alliances and regional tensions, Algeria has signed a $5.4 billion production-sharing agreement with Saudi Arabia’s Midad Energy, partnering with state-owned Sonatrach to explore and develop oil and gas reserves in the...

North Africa’s Energy Giant: Algeria Market Insights for Investors

By Africa Risk Control (ARC) – Algeria, North Africa’s largest natural gas producer and one of its top oil exporters, offers substantial opportunities for foreign investors. With a population of over 46 million and a nominal GDP of $247.6 billion...

Citi Opens Regional Headquarters in Saudi Arabia

New Regional Headquarters: Citi officially opened its new Regional Headquarters (RHQ) Office at Kingdom Tower in Riyadh, Saudi Arabia, on October 25, 2025. Regional Headquarters Licence: This move follows Citi receiving its RHQ license in November...

Algeria signs oil and gas deal worth $5.4 billion with Saudi firm Midad Energy

Sonatrach, the state-owned energy firm of Algeria, announced on Monday that it had signed a $5.4 billion contract with Midad Energy from Saudi Arabia for oil and natural gas exploration and production in Algeria's Illizi Basin. The contract for...

Algeria Launches Major Green Hydrogen Infrastructure Initiative to Energize Regional Markets

Announcing a Game-Changing Partnership At the 13th NAPEC 2025 conference in Oran, Minister Mourad Adjal and the Ministry of Energy and Renewable Energies announced an ambitious push to develop green hydrogen infrastructure and open up regional...

France : A Perfidious Maneuver Against Algeria to Save “Macronie,” but It Won’t Save It

It’s a familiar pattern: when things go badly, the old clichés are dusted off and brandished like red rags—scarecrows to serve as an outlet and distract public opinion from what matters. As if France had no more urgent business than Algeria and...

Algeria Clings to Outdated Western Sahara Narrative Amid International Support for Morocco

Rabat — Algeria stubbornly clings to its outdated and isolated narrative on Western Sahara amid global support for Morocco’s cause. Earlier this week, Algeria’s President Abdelmadjid Tebboune reaffirmed his country’s traditional stance, stating...

France Signals a Thaw in Its Rift with Algeria

France has signaled a possible thaw in its strained relationship with Algeria after several tense months marked by diplomatic disputes and public confrontations. In a gesture seen by observers as an effort to ease tensions, the French government...

De Mistura Calls on All Parties, Including Algeria to Engage in Western Sahara Talks

Rabat — UN Envoy Staffan de Mistura has urged all parties in the Western Sahara dispute, including Algeria, to engage in a fresh round of negotiations. De Mistura made his remarks during his latest briefing to the UN Security Council earlier this...

U.S. Trade Policy Is Accelerating China–North Africa Economic and Defense Engagement

Algeria and Tunisia signed a renewed defense cooperation agreement in Algiers on October 7, 2025, expanding their 2001 framework to include joint training, border operations, and intelligence exchange. The pact, confirmed by both defense...

Reimagining Commercial Underwriting in the Age of AI

Thank you for your interest in the webinar! Check your inbox for an email with instructions on viewing this on-demand presentation. Oops something went wrong. Watch Now {"LSQLeadFields":[{"Seq":1,"Name":"First...

Algerian President Announces Recovery of $30 Billion in Stolen Funds

Algerian President Abdelmadjid Tebboune announced that his country has recovered $30 billion of looted funds, reiterating his refusal to resort to borrowing.اضافة اعلان In a speech at the Ministry of Defense, Tebboune mentioned that European...

Algeria signs oilfield development deals with Oman’s Petrogas

Algeria has signed two agreements with Oman-based exploration and production company Petrogas for the development of oil fields. The state-owned National Agency for the Valorisation of Hydrocarbon Resources (Alnaft) finalised the deals in the...

Dietary Fiber Gummies Market to Reach USD 13.44 billion by 2032, Growing At An 11.2% CAGR - Credence Research

PUNE, India, Oct. 17, 2025 /PRNewswire/ -- Market Overview The dietary fiber gummies market is experiencing remarkable growth, driven by increasing health consciousness, rising digestive health concerns, and consumer preference for convenient...

Nigeria Hosts BRICS Women’s Business Alliance Regional Office -By Kestér Kenn Klomegâh

With the geopolitical architecture simultaneously widening and deepening, BRICS (Brazil, Russia, India, China, and South Africa) has also stepped up its operations these past few years, culminating with significant expansion in numerical strength,...

Algeria to spend billions preparing for war

The Algerian government has approved a record $25 billion defense budget for 2026 — the largest in the country’s history — amid growing security concerns across the Sahel region, The Clash Report said. According to the report, the 2026 finance...