The German car and engine manufacturer Opel announced that Algeria has been chosen as the site for launching its first production unit outside Europe, in a strategic move to enhance its presence in the Middle East and Africa and support its sustainable and regional growth. Florian Hutzler, the CEO of the brand, revealed in a post on his official LinkedIn account that Algeria has been a focal point for the company over the past two years, and that ongoing partnerships with local stakeholders have resulted in the decision to establish a production unit designed to serve the Algerian market and complement Opel's established European manufacturing network. Read the full content on الشروق أونلاين
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.
Algeria - The General Directorate of Taxes announced today, Sunday, in a statement, the extension of the deadlines for subscribing and submitting a number of tax declarations for taxpayers subject to the real profit system and the single flat-rate tax system, in order to enable them to meet their tax obligations under the best conditions.
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.
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