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."



Oil Set for Second Straight Weekly Decline on Supply Outlook

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. REUTERS/Todd Korol
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. REUTERS/Todd Korol
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Oil Set for Second Straight Weekly Decline on Supply Outlook

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. REUTERS/Todd Korol
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. REUTERS/Todd Korol

Oil prices rose on Friday but were poised for a second straight weekly decline as a potential supply glut and prospects of a Russia-Ukraine peace deal limited gains driven by concerns over disruptions from a blockade of Venezuelan tankers.

Brent crude futures were up 52 cents, or 0.87%, at $60.34 a barrel by ‌1357 GMT ‌while US West Texas Intermediate crude ‌rose ⁠51 ​cents, ‌or 0.9%, to $56.66.

On a weekly basis, the Brent and WTI benchmarks were down 1.3% and 1.4% respectively, according to Reuters.

"That we're ⁠staying down at these levels indicates that the market is awash with ‌oil right now," said Ole Hansen, ‍head of commodity strategy at ‍Saxo Bank. "There's enough oil to mitigate any disruptions."

Uncertainty over ‍how the US would enforce President Donald Trump's intent to block sanctioned tankers from entering and leaving Venezuela tempered geopolitical risk premiums, IG analyst Tony Sycamore said.

Venezuela, which pumps about 1% ​of global oil supplies, on Thursday authorised two unsanctioned cargoes to set sail for China, said two ⁠sources familiar with Venezuela's oil export operations.

Optimism over a potential US-led Ukraine peace deal also eased supply risk concerns, Sycamore said.

However, Bank of America analysts said they expect lower oil prices to curb supply, which could stop prices from going into freefall.

Investors also watched developments in Russia's war in Ukraine after Kyiv ramped up attacks on Russia's energy infrastructure. Ukraine struck a "shadow fleet" oil tanker in the Mediterranean Sea with aerial drones for the first time, ‌a Ukrainian official said on Friday.


What are Shipping Companies' Plans for Return to Suez Canal?

Ships move through the Suez Canal, in Ismalia, Egypt, July 31, 2025. REUTERS/Mohamed Abd El Ghany/File Photo
Ships move through the Suez Canal, in Ismalia, Egypt, July 31, 2025. REUTERS/Mohamed Abd El Ghany/File Photo
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What are Shipping Companies' Plans for Return to Suez Canal?

Ships move through the Suez Canal, in Ismalia, Egypt, July 31, 2025. REUTERS/Mohamed Abd El Ghany/File Photo
Ships move through the Suez Canal, in Ismalia, Egypt, July 31, 2025. REUTERS/Mohamed Abd El Ghany/File Photo

Major shipping companies are devising strategies for a potential return to the Suez Canal after two years of disruptions due to security risks in ​the Red Sea.

They have been rerouting vessels via longer, costlier routes around Africa since November 2023, following attacks on commercial ships by Yemen's Houthi militants, reportedly in solidarity with Palestinians during warfare in Gaza.

A ceasefire agreement reached in October has led some companies to explore resumption plans, although security ‌remains a ‌key concern. Below are the latest ‌updates according to Reuters:

MAERSK

The ⁠Danish ​shipping ‌company said on Friday that one of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years.

Maersk said it has no immediate plans to fully reopen the route and it is not considering a wider ⁠East-West network change back to the trans-Suez corridor, but considers the ‌feat a "stepwise approach" to resuming ‍passage.

CMA CGM

The world's ‍third-largest container shipping line, which has made limited Suez ‍transits when security allows, will use the passage for its India-US INDAMEX service from January, according to a schedule published on its website.

HAPAG-LLOYD

Earlier in December, the German shipping ​group's CEO said the return of the shipping industry to the Suez Canal would be gradual ⁠and there would be a transition period of 60-90 days to adjust logistics and avoid sudden port congestion.

The world's fifth-largest container company did not immediately respond to Reuters' request for comment. Hapag-Lloyd and Maersk had called for caution in November, saying they were monitoring the situation for evidence of increased security.

WALLENIUS WILHELMSEN

The Norwegian car shipping group is still assessing the situation and will not resume sailing until certain conditions are met, ‌a company spokesperson said on Friday.


Real Estate Balance Platform Regulates Market, Signals Positive Momentum in Riyadh Trading

The Saudi capital, Riyadh (Asharq Al-Awsat) 
The Saudi capital, Riyadh (Asharq Al-Awsat) 
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Real Estate Balance Platform Regulates Market, Signals Positive Momentum in Riyadh Trading

The Saudi capital, Riyadh (Asharq Al-Awsat) 
The Saudi capital, Riyadh (Asharq Al-Awsat) 

Following the Royal Commission for Riyadh City’ s announcement of the results of the electronic draw for purchasing residential land through the Real Estate Balance platform, Asharq Al-Awsat learned that some of the plots allocated to eligible beneficiaries will be sold at prices below SAR 1,500 (about $400) per square meter, depending on their locations.

The land distribution comes in implementation of directives issued by Crown Prince and Prime Minister Mohammed bin Salman to take the necessary steps to restore balance to Riyadh’s real estate sector.

Under these directives, the Royal Commission for Riyadh City is tasked with providing planned and developed residential land for citizens at a rate of between 10,000 and 40,000 plots annually over the next five years, at prices not exceeding SAR 1,500 per square meter.

On Wednesday, the Commission announced the issuance of the electronic draw results after completing all procedures related to verifying applicants’ eligibility and reviewing objections submitted ahead of the draw.

Competitive Prices

Real estate specialists told Asharq Al-Awsat that the Commission has allocated large tracts of land for sale to eligible beneficiaries in key locations within Riyadh’s urban fabric, noting that the move offers more choices at competitive prices and reflects positively on the overall real estate market in the Saudi capital.

They added that beneficiaries will be able to build homes at costs comparable to the prices of apartments currently offered for sale in northern Riyadh neighborhoods, which proved that the directives of Crown Prince Mohammed bin Salman have translated into tangible outcomes, enabling citizens to obtain their first homes at lower prices.

Price Decline

Real estate specialist Khaled Al-Mobid said that offering more than 6.3 million square meters of land this year through the Real Estate Balance platform aims to inject additional land within the urban area and increase housing supply with high planning quality. He described the step as important in curbing prices, which have risen recently in Riyadh.

He added that the rollout of further land areas through the platform over the next four years will help meet demand from young people and low-income segments, making affordable housing more accessible and facilitating first-home ownership.

Al-Mobid expected the Riyadh real estate market to see a correction in the coming years as the measures directed by the Crown Prince and Prime Minister are fully implemented by the relevant authorities.

Construction Costs

Another real estate specialist, Ahmed Omar Basodan, said that based on the announced locations for beneficiaries of the first batch, recipients will be able to own villas at prices lower than apartments currently offered for sale in the same neighborhoods. He explained that preliminary estimates put the combined cost of land purchase and construction at between SAR 900,000 and SAR 1.2 million.

He added that setting a ceiling price of SAR 1,500 per square meter for land will put downward pressure on prices in those areas, forcing them to retreat and become more affordable. Basodan noted that more than 10,000 plots have been allocated this year through the platform, supporting expanded housing supply, market stability, and improved quality of life.

Electronic Draw

In its latest statement, the Royal Commission for Riyadh City said the electronic draw was conducted under the supervision of an independent committee representing the Royal Commission, the Ministry of Justice, the General Real Estate Authority, Riyadh Municipality, and the Saudi Data and Artificial Intelligence Authority (SDAIA), using advanced technological systems to ensure fairness and equal opportunity.

The Commission confirmed that the final results are now available on the Real Estate Balance platform, detailing the locations of allocated plots totaling 6.3 million square meters across several Riyadh neighborhoods, including Al-Qirawan, Al-Malqa, Al-Nakheel, Al-Nargis, Namar, Al-Rimayah, Al-Rimal, and Al-Janadriyah.