Algeria to Increase Energy Production

Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. (Reuters)
Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. (Reuters)
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Algeria to Increase Energy Production

Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. (Reuters)
Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. (Reuters)

Algeria Mining Minister Mohamed Arkab stressed Sunday the need to continue efforts to renew hydrocarbons reserves and increase production.

“We must work on ensuring energy security,” he said, while urging the need to implement the Gara Djebilet mine and the phosphate projects in eastern Algeria

He ordered officials at the ministry to cooperate with institutions in the sector to improve the quality of services to the people and ensure that energy is provided.

He called for the swift completion of the merger of the mining and energy sectors so that focus can be shifted towards major projects in the sector.

Separately, Algeria decided to increase its share at the African Development Bank (AfDB) capital through underwriting 6,083 additional shares.

President Abdelmadjid Tebboune issued a decree in the official gazette, licensing Algeria’s underwriting in the AfDB shares.

Algeria’s issuance will be paid from the treasury, in accordance with a resolution dating to May 27, 2010, and a resolution dating to Oct. 21, 2020.



Digital Marketing Emerges as Engine of Economic Efficiency

Digital Marketing Emerges as Engine of Economic Efficiency
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Digital Marketing Emerges as Engine of Economic Efficiency

Digital Marketing Emerges as Engine of Economic Efficiency

In an era increasingly defined by data and rapid technological transformation, digital marketing has evolved from a simple promotional tool into a core driver of economic productivity. Experts say the discipline is reshaping business models by enabling precise targeting, reducing waste, and maximizing returns.

Financial and economic advisor Dr. Hussein Al-Attas told Asharq Al-Awsat that digital marketing is now an economic necessity rather than a luxury. “Digital transformation has become a key lever for productivity and return on investment,” he said, noting that analytics and artificial intelligence are redefining the rules of competition.

According to Al-Attas, the shift from broad-based marketing to highly personalized campaigns has allowed companies to forecast demand with greater accuracy, cut unnecessary costs, and accelerate sales cycles. He emphasized that this transformation offers smaller firms a chance to compete with major players by reaching their target audiences more efficiently and experimenting in new markets without heavy infrastructure spending.

“Today, the market value of a company is measured not just by its products but by the depth and quality of its data,” Al-Attas added, predicting that AI and predictive analytics will continue to revolutionize marketing by automating content, refining targeting, and driving higher returns. He also stressed the importance of respecting data ethics to build consumer trust and long-term growth.

Economic analyst Rowan bin Rabeean echoed these views, describing digital marketing as a true driver of productivity and economic expansion. She explained that the shift to real-time analytics has fundamentally changed supply and demand dynamics, as companies no longer rely on historical estimates but react to live market signals.

Bin Rabeean said that in today’s digital economy, smaller enterprises are finding unprecedented opportunities to expand their reach and enhance competitiveness. Affordable tools such as social media campaigns and search engine optimization allow them to reach customers more effectively than traditional channels ever could.

Looking ahead, she predicted that AI-powered marketing will help businesses anticipate customer needs before they are even expressed, driving smarter, faster decisions and elevating economic efficiency overall.

Bin Rabeean concluded that in this new landscape, those who own and understand data will hold the competitive advantage. However, she emphasized the growing imperative to protect consumer privacy alongside the rise of data-driven business models.