The operation will provide the public treasury with at least 800 million dollars annually by reducing the cost of shipping a single container between 200 and 500 dollars, breaking the monopoly of foreign ports... and attracting giant container carriers. Maritime shipping and supply chain expert Nasreddine Bougachiche stated that the registration of the Djendjen port in Jijel for the first national transit shipping operation is a significant and qualitative success, confirming that this operation would not have been possible without the new dock coming into service, which allowed for the reception of giant ships and large-sized container carriers, which will save Algeria at least 800 million dollars annually in container shipping costs. Expert Bougachiche explained in a statement to
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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