A delegation from the Committee on Economic Affairs, Industry, Trade, and Planning in Parliament observed the reality of the most prominent industrial institutions in the Saida province, led by the car factory that previously bore the 'Suzuki' brand. This came at the conclusion of its information-gathering mission to the province on Thursday, as part of following up on the implementation of the President's directives aimed at removing obstacles to investment projects and developing the business climate. The tour began with a visit to the 'Suzuki' factory, where the delegation examined the current situation of the complex that was recovered after being nationalized from businessman Mohieddine Tahkout, who was convicted in corruption cases, and was transferred to the 'Madar' group, which is preparing for its revival. The delegation received information that work is underway to reinstate the factory.
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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