Since 2023, Algeria has taken a clear path to develop renewable energy projects in the country, the most notable being a 15,000 megawatt project by 2035, aimed at reducing absolute dependence on gas for electricity production, which currently exceeds 95%. In a statement to Algeria International Radio, the General Director of the Green Algeria Group, Boukhalfa Yaïssi, stated that 'the launch of 21 projects in Algeria for electricity production from renewable energies, primarily photovoltaic energy, with production capacities reaching 3,200 megawatts, is a commendable and significant step' towards gradually moving away from classical sources (oil and gas) and directing them towards export and earning more hard currency. Watch the full content on ...
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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