The news, anew
Algeria’s state grain agency is believed to have purchased between 660,000 and 720,000 tonnes of milling wheat in an international tender that closed on Tuesday, at prices ranging from $326 to $326.50 per tonne, cost and freight (C&F) included, according to updated information reported on Wednesday by Reuters, citing European traders. The estimated volume exceeds […]
Business
The Saudi National Development Fund (NDF) Governor Abdulaziz Al-Arifi revealed that the NDF and the Saudi Industrial Development Fund, in partnership with local and international financial institutions, have contributed to financing the green hydrogen project, with total investments amounting to SR31.5 billion.
Business
Algerian Saharan Blend recorded an average price of 118.49 dollars per barrel during September 2026, an increase of 26% compared to August, ranking first among the most expensive oil crudes included in the OPEC basket, according to the organization’s monthly report. Algerian crude came ahead of Libyan Es Sider crude, which averaged 117.49 dollars per […]
Business
The decision to merge the General Authority for Foreign Trade and the Saudi Export Development Authority into a single body, the General Authority for Foreign Trade and Export, aims to strengthen institutional integration and unify efforts to support Saudi exports and expand the presence of Saudi products in global markets. The cabinet, chaired by Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz, approved the merger and ordered the necessary preparations, with matters requiring regulatory action to be submitted within 180 days.
