With an unprecedented delegation of 65 Indian pharmaceutical companies in a single sector, and partnership prospects expected to generate at least $100 million in revenue, Algerian-Indian relations in the pharmaceutical industries are entering a new qualitative phase, coinciding with Algeria reaching 80% coverage of its pharmaceutical needs locally, and with an official Indian commitment to technology transfer and building factories within the country. Heavy data revealed by the Algerian-Indian pharmaceutical forum, held in the capital, outlines a strategic transformation that positions Algeria on the path to becoming 'Africa's Pharmacy'. The Indian Ambassador to Algeria, Swati Vijay Kolkarni, confirmed in a statement to 'Echorouk' that Algerian-Indian relations...
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
Algeria - The SONATRACH group reported in a statement on Sunday that the agreements signed in Berlin with the companies Bosch and Siemens Energy, on the sidelines of the official visit by the President of the Republic, Mr. Abdelmadjid Tebboune, to Germany, will enhance cooperation between the two countries in the field of energy transition.
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