Welcome to Algeria Industry Journal
Turkish Airlines, Algerian Airlines ink memorandum of understanding
(MENAFN) Türkiye’s national airline, Turkish Airlines, and Algeria’s flag carrier, Air Algerie, formalized a memorandum of understanding on Friday to advance their strategic partnership. The deal creates a broader framework for collaboration,...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
OPEC+ Set to Boost Oil Production in November
(MENAFN) The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, announced on Sunday that they will increase oil production by 137,000 barrels per day (bpd) for November. This move follows a...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Belgium Considers Morocco’s Autonomy Proposal for Western Sahara
(MENAFN) Belgium has formally recognized Morocco’s autonomy proposal for Western Sahara as the “most appropriate” path toward resolving one of North Africa’s longest-standing territorial disputes. The announcement came Thursday in Brussels after...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
French authorities detain two suspects tied to Louvre’s heist
(MENAFN) French authorities have apprehended two individuals linked to last week’s high-profile burglary at the Louvre Museum, where eight of France’s crown jewels, valued at approximately €88 million ($102 million), were stolen, according to...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Investigations indicate that Louvre robbery might be ‘inside job’
(MENAFN) French authorities probing the recent robbery at the Louvre Museum have uncovered evidence suggesting the theft involved insider cooperation. Investigators reportedly found messages and recordings indicating that museum staff had...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Two Connected to Louvre Heist Get Arrested
(MENAFN) French law enforcement apprehended two individuals in connection with last week’s daring robbery at the Louvre Museum, during which eight of France's crown jewels, valued at approximately €88 million ($102M), were stolen, according to...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
French detectives find clues of Louvre Museum heist being inside job
(MENAFN) French authorities probing the recent robbery at the Louvre Museum have uncovered indications that the heist may have involved internal collaboration. Reports indicate that investigators found communications suggesting that museum staff...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
France Treats Louvre Heist as Inside Job Robbery
(MENAFN) French investigators probing the spectacular robbery at the Louvre Museum have uncovered signs that the theft may have been aided from within, media reported Saturday, citing sources close to the case. Four masked men armed with a...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Estithmar Holding Reports 66% Revenue Growth to QAR 4.9 Bn and 99% Increase in Net Profit to QAR 703 Mn for the Nine Months Ended September 30, 2025
Continued International Expansion Drives Sustained Growth All Key Financial and Performance Indicators Show Strong Gains DOHA, Qatar, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Estithmar Holding Q.P.S.C. announced its financial results for the nine-month...
UK’s Petrofac collapse clouds $5b UAE, GCC energy deals
Gov't Propaganda
Gulf News
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Across the wider GCC, Petrofac holds active contracts worth more than $5 billion, including projects in Algeria, Iraq, Oman, and Bahrain. In Algeria, it is working with a Chinese partner on a major petrochemical complex, while in Iraq it has been...
Owner: Obaid Al Tayer
Algeria replaces chief executive of national oil company
Rachid Hachichi has been succeeded by Noureddine Daoudi Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids,...
Owner: Michael "Mike" Danson
Algeria Recovers €100 Million Barcelona Hotel Owned by Ali Haddad
The Algerian state has recovered a luxury hotel in Barcelona valued at €100 million, previously owned by jailed businessman Ali Haddad, as part of its broader effort to reclaim embezzled assets abroad. According to La Vanguardia, the Spanish...
Owner: S2B Media (Non-transparent)
Algerian Businessman Réda Kouninef Faces New Trial for Money Laundering
Already serving 16 years for corruption, Algerian businessman Réda Kouninef will face a new trial for “money laundering” and “concealment of criminal income,” linked to a 2019 case. Currently held at Koléa prison, Réda Kouninef — once a key figure...
Owner: S2B Media (Non-transparent)
Algeria proposes reduced customs duty rate on solar panel components
Algeria’s draft finance law for 2026 includes a reduced customs duty rate of 5% on products intended for the manufacture of solar panels, as well as an exemption for electrolyzers required for hydrogen production. October 28, 2025 Gwénaëlle...
Owner: Keppler-Gouras Eckhart
On Western Sahara, Algeria’s Ahistorical Narrative Has Run Out of Steam
As more countries embrace the Moroccan Autonomy Plan for Western Sahara and more observers come to the realization that the Moroccan plan is indeed the best path to lasting resolution of the Sahara dispute, the Algerian regime is increasingly left...
Owner: Samir & Adnane Bennis
Algeria’s nuclear energy ambitions still stalled despite potential
Pro-Government
Al Majalla
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Sonelgaz is now looking further afield. In July 2025, it signed an agreement in Cotonou, Benin, with the West African Power Pool for electricity production and transmission, alongside a Memorandum of Understanding with the Economic Community of...
Owner: Saudi Government
Việt Nam, Algeria hold fourth political consultation
HÀ NỘI — Vietnamese Deputy Minister of Foreign Affairs Lê Anh Tuấn and Secretary-General of the Algerian Ministry of Foreign Affairs, National Community Abroad and African Affairs Lounes Magramane co-chaired the fourth political consultation...
Owner: Vietnamese Government
Petrojet scoops $1 billion Algerian EPC prize
Neutral
Upstream
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Egyptian contractor Petrojet has beaten international competition to win a $1.087 billion contract for the second phase of the Hassi Bir Rekaiz oilfield development project in Algeria, which is operated by a joint venture between state-owned...
Owner: Anette Sofie Olsen
Algeria dismisses CEO of state energy firm
The CEO of Algeria’s state oil company Sonatrach has been dismissed, state TV reported Sunday, the latest managerial upheaval at the strategic firm in recent years. Rachid Hachichi, in the job since October 2023, has been replaced by Noureddine...
Owner: Guennouni Family
