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Arqab highlights Algeria's efforts to develop its resources and attract international investments

October 12, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dz
Arqab highlights Algeria's efforts to develop its resources and attract international investments

The Minister of State, Minister of Hydrocarbons, Mohamed Arqab, stated this Monday in Riyadh (Kingdom of Saudi Arabia) that global demand for oil and gas will continue to grow over the coming decades, driven by demographic growth, economic development, urban expansion, and manufacturing, especially in emerging economies, highlighting Algeria's efforts to develop its hydrocarbon resources and enhance its infrastructure to attract international investments, particularly through the 'Algeria Bid Round 2026', according to a statement from the ministry.

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