Forcing deposits into commercial accounts through authenticated means - Cash deposits allowed... except in exceptional cases - Double scrutiny on clients who may pose a risk "Bank of Algeria" has introduced changes described as radical and historic related to cash deposits, through the adoption of authenticated payment means to be the norm for injecting funds into commercial bank accounts, and making "cash" an exception, as part of efforts to reduce the risks of money laundering and terrorist financing, especially in terms of the source of funds. These unprecedented measures were announced through a directive from Bank of Algeria addressed to banks and licensed financial institutions in the country, under number 02/ M.O.M...
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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