Politicians under the microscope, life insurance a high-risk product, 2 million centimes fine for non-disclosure of suspicion, ban on fictitious accounts, cutting ties and notification of suspicious cases. Insurance companies will be required, like banks, to identify the source of clients' funds in certain cases, with a strict regulatory framework applied to life insurance due to its high risk of money laundering, according to a new risk guide issued by the National Insurance Council in December. The guide puts politicians, along with their family members and close associates, in the high-risk category of clients, requiring enhanced and vigilant measures with prior approval from the regulatory body.
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
aps.dzMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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Sidi Bel Abbès - A total production exceeding two million quintals of various types of grains is expected in the Sidi Bel Abbès province, as part of the recently launched plowing and sowing campaign, according to what the provincial agricultural services directorate reported today, Wednesday.
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