The Bank of Algeria capped the interest rates on loans applied during the first half of 2026, according to a directive issued on December 30, 2025, which included various categories of bank loans. A comparison with the second half of 2025 showed a decrease in interest rates in the categories of overdrafts, consumer loans, short, medium, and long-term loans, as well as financial leasing. According to a directive issued by the Bank of Algeria on December 30, 2025, which was reviewed by Echourouk, the General Directorate of Credit and Banking Regulation set the ceilings for excessive interest rates applied for the first half of 2026, for various categories of loans provided by banks and financial institutions. The measure includes overdrafts...
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.
Most homes and farms are not insured against fires; farmers are the most exposed to losses due to weak subscription. New insurance products to face climate disasters, digitization, and artificial intelligence to reduce compensation times. Hassen Khalifati, a member of the board of the Algerian Union of Insurance and Reinsurance Companies, warned that the expansion of fires in Algeria, due to heat waves and climate changes, is met with a clear weakness in the demand for fire insurance, which increases the losses incurred by families, farmers, and economic institutions when disasters occur. Khalifati explained, in a statement to 'Echorouk', that there are no accurate and updated statistics to determine the percentage of homes or farms...
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