Algeria Takes New Measures to Boost Desert Tourism

View of snow in the Sahara, Ain Sefra, Algeria (File photo: Reuters)
View of snow in the Sahara, Ain Sefra, Algeria (File photo: Reuters)
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Algeria Takes New Measures to Boost Desert Tourism

View of snow in the Sahara, Ain Sefra, Algeria (File photo: Reuters)
View of snow in the Sahara, Ain Sefra, Algeria (File photo: Reuters)

Algeria seeks to attract foreign tourists through a series of measures that encourage desert tourism in the south of the country, following in the footsteps of Saudi Arabia, which opened its doors to foreign tourists for the first time in 2019.

Bloomberg news agency reported that Algeria is planning to ease access for international travelers, according to an Interior Ministry document.

The ministry's statement announced the approval of new arrangements for granting tourist visas to foreign tourists wishing to visit the south of the country in close coordination with the various ministerial sectors and relevant bodies.

Visitors may be issued tourist visas on arrival, allowing them to explore desolate landscapes and ancient monuments in the country as an alternative to the long and futile bureaucratic process before travel.

In this regard, it was decided to enable foreigners wishing to undertake tourist trips to the country's south through approved national tourism and travel agencies to benefit from the settlement visa directly upon arrival at the border crossings, especially in the southern states.

According to the ministry, the concerned foreign tourists benefit from a document handed over to them by their tourism agencies, allowing them to board various airlines' planes at the airports.

The tourists also benefit, directly upon their arrival, from settlement visas with a period corresponding to their organized visit.

The decision is effective now, although the tourism season, which locals and Algerians from abroad have largely dominated, typically covers the cooler months beginning in October.

However, Bloomberg noted that there's an issue as visitors will only be welcome in the south of the country covering the Sahara desert, meaning it will be harder to travel to the Mediterranean coastline, winter skiing in the Atlas mountains, or the ancient capital of Algiers.

Tourists must book through an approved travel agency operating in Algeria and will be accompanied by the police, according to the ministry's statement.

The Ministry of Interior stated that the accredited tourism agencies include all data related to the tourist visit program and the foreign tourists participating.

In addition, the local authorities of the concerned states are working to provide the necessary escorts for all the actors concerned to ensure the conduct of the programmed tours in the best conditions.

Bloomberg noted that the move represents a step change for a country that never sought to become a major travel destination like regional neighbors Morocco and Egypt.

While they were building new hotels and stepping up campaigns to draw mass-market tourism in the 1990s, Algeria was mired in a brutal civil war with Islamist militants, and subsequent rulers of the OPEC nation looked inward and relied on oil to bankroll the state.

The President of the National Association of Travel Agencies, Mohammed Amine Berredjem, said they were pleased with this decision, which would undoubtedly positively impact the tourism sector and the country.

The Algerian tourism sector contributes only 1.5 percent of the gross domestic product, compared to 14 percent in Tunisia.

Bloomberg added that Algeria is also lagging in terms of hotel infrastructure, with 127,000 beds at the end of 2020, compared to 230,903 in its eastern neighbor (Tunisia), a much smaller country.

More than a million Algerians cross the border every summer to spend their holidays in Tunisia, where the offers are more varied, and the prices are more reasonable.

Algeria's government is calling on foreign investors to finance and build tourist complexes, and a framework agreement has been signed between Qatar's Retaj Hotels and Hospitality and Algeria's state-owned HTT for the mobilization of funds. Retaj will also provide management services to HTT's 73 hotels.

Yet some are still determining if the transformation would be a smooth one.

"We hope for quick answers to requests of travel agencies," said Lamine Hamadi, director of tourism of the province of Djanet, the region most visited by tourists. "Long delays scare away tourists."



Saudi Economy Demonstrates Competitive Strength, Expands 3% in First Quarter

A view of the Saudi capital, Riyadh. (SPA)
A view of the Saudi capital, Riyadh. (SPA)
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Saudi Economy Demonstrates Competitive Strength, Expands 3% in First Quarter

A view of the Saudi capital, Riyadh. (SPA)
A view of the Saudi capital, Riyadh. (SPA)

Saudi Arabia’s economy has once again demonstrated the strength of its fundamentals and its ability to withstand regional shocks, posting real GDP growth of 3 percent year-on-year in the first quarter of 2026, despite escalating tensions across the Middle East that have disrupted supply chains and global trade flows.

The final official figures surpassed the earlier flash estimate of 2.8 percent. The upward revision reflected higher estimates from the General Authority for Statistics (GASTAT), which raised growth projections for both oil and non-oil activities to 2.9 percent. The Kingdom had recorded growth of 5.2 percent in the fourth quarter of 2025.

Saudi Arabia’s performance amid logistical challenges, including shipping disruptions through the Strait of Hormuz, recently received backing from an International Monetary Fund mission.

Following consultations in Riyadh, IMF experts said the Kingdom had successfully mitigated the effects of regional conflict and eased logistical bottlenecks through resilient infrastructure, the rapid deployment of the East-West pipeline and Red Sea ports, and strong financial buffers provided by the Public Investment Fund and a stable banking sector.

The IMF nevertheless revised its 2026 growth forecast for Saudi Arabia to 2 percent from a previous estimate of 3.1 percent, citing regional instability.

Broad-based expansion

According to GASTAT, first-quarter growth was driven by gains across all major sectors of the economy. Oil and non-oil activities each expanded 2.9 percent year-on-year, while government activities rose 1.5 percent.

On a seasonally adjusted basis, real GDP declined 1.2 percent from the fourth quarter of 2025, reflecting a 6.8 percent contraction in oil activities. Government and non-oil sectors, however, continued to post quarterly growth of 1.4 percent and 0.3 percent, respectively.

Financial services, insurance and business services recorded the strongest performance among detailed sectors, growing 5.4 percent year-on-year and 1.1 percent quarter-on-quarter.

Manufacturing activities, excluding oil refining, expanded 4 percent annually. Crude oil and natural gas activities grew 3.6 percent from a year earlier, despite a 7 percent quarterly decline linked to shipping disruptions.

Consumption and investment remain strong

Government final consumption expenditure rose 11.3 percent year-on-year and 8.5 percent quarter-on-quarter, while private consumption increased 5.3 percent annually.

Gross fixed capital formation climbed 3.9 percent year-on-year and 7.5 percent quarter-on-quarter, underscoring continued investment momentum. Exports increased 1.4 percent from a year earlier, while imports fell 5.5 percent.

Non-oil activities remained the primary driver of economic growth, contributing 1.7 percentage points to overall GDP expansion. Oil activities added 0.8 percentage points, while government activities and net taxes contributed 0.3 and 0.2 percentage points, respectively.

The IMF also praised the Saudi Central Bank (SAMA) for maintaining a countercyclical capital buffer of 100 basis points, noting that the Saudi riyal’s peg to the US dollar continues to bolster monetary-policy credibility and financial stability.

On structural reforms, the fund welcomed the recalibration of the Public Investment Fund’s 2026-2030 strategy, aimed at allocating capital more selectively and encouraging greater private sector participation.

It said continued progress toward the objectives of Vision 2030, including deeper capital markets, stronger alignment between education and labor market needs, and broader adoption of artificial intelligence and logistics technologies, remains essential to achieving sustainable economic diversification and safeguarding prosperity for future generations.


Malaysia Says it is Seeking New Sources of Fuel Amid Energy Crunch

Men practice kayaking at Titiwangsa Lake against the city skyline in Kuala Lumpur, Malaysia, 08 June 2026.  EPA/FAZRY ISMAIL
Men practice kayaking at Titiwangsa Lake against the city skyline in Kuala Lumpur, Malaysia, 08 June 2026. EPA/FAZRY ISMAIL
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Malaysia Says it is Seeking New Sources of Fuel Amid Energy Crunch

Men practice kayaking at Titiwangsa Lake against the city skyline in Kuala Lumpur, Malaysia, 08 June 2026.  EPA/FAZRY ISMAIL
Men practice kayaking at Titiwangsa Lake against the city skyline in Kuala Lumpur, Malaysia, 08 June 2026. EPA/FAZRY ISMAIL

Malaysia is seeking new sources of fuel amid a global crunch caused by the war in Iran, though any supplies would need to be able to be processed by the country's refineries, the Economy Minister said on Wednesday.

Malaysian refineries are largely dependent ⁠on crude oil originating ⁠from the Middle East. Some have reduced output due to a lack of feedstock following the closure of the Strait of Hormuz, a ⁠key waterway for global oil and gas supplies.

Malaysia was looking to procure oil from African countries, Russia and Türkiye, among others, minister Akmal Nasir told reporters, according to Reuters.

"It is not just about looking everywhere for supply, but about whether the supply ... is ⁠suitable ⁠for the facilities that we have," Akmal said.

He said the country's energy reserves were sufficient until the end of July based on existing agreements, adding the government was reluctant to rush into any new long-term deals given the volatility in oil prices.


Gold Falls to 11-week Low as Oil Rises on Fresh US-Iran Hostilities

A worker displays a one-kilogram gold bar at a refinery in Sydney (AFP)
A worker displays a one-kilogram gold bar at a refinery in Sydney (AFP)
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Gold Falls to 11-week Low as Oil Rises on Fresh US-Iran Hostilities

A worker displays a one-kilogram gold bar at a refinery in Sydney (AFP)
A worker displays a one-kilogram gold bar at a refinery in Sydney (AFP)

Gold fell to an 11-week low on Wednesday, as oil prices rose on renewed hostilities between the US and Iran, fueling concerns about inflation and interest rate hikes.

Spot gold was down 1.7% at $4,191.84 per ounce by 0747 GMT, after hitting its lowest level since March 23. US gold futures for August delivery shed 1.6% to $4,215.60, Reuters reported.

"We're seeing a kind of readjustment broadly ⁠in what global central ⁠banks are going to do, and there's been a major hawkish shift," said Ilya Spivak, head of global macro at Tastylive.

The United States on Tuesday launched strikes against Iran after President Donald Trump said Tehran had shot down a US Apache helicopter in the Strait ⁠of Hormuz. Iran's Revolutionary Guards said they retaliated with attacks against a US base in Jordan and 21 other targets in the Gulf on Wednesday.

Oil prices rose, keeping up expectations that interest rates would stay higher for longer.

While gold is seen as a hedge against inflation, higher rates tend to weigh on the non-yielding metal.

Traders are now pricing in a more than 70% chance of a US rate hike by December, according to the CME ⁠FedWatch tool.

Markets ⁠are awaiting key US inflation reports this week, including the May Consumer Price Index data later in the day and the Producer Price Index reading on Thursday, to gauge the Federal Reserve's monetary policy stance.

"If we can break the $4,100 level, I think the path of resistance fundamentally changes for gold, and we might be starting to look at $3,500 as the next level into the end of the year," Spivak said.

Spot silver fell 1.3% to $64.54 per ounce, platinum dropped 3% to $1,675.25, and palladium fell 0.7% to $1,213.47.