The External Bank of Algeria (BEA) and the Guarantee Fund for Loans to Small and Medium Enterprises have signed two agreements aimed at ensuring operating loans in traditional banking and financing in Islamic banking for these enterprises, in a move aimed at enhancing access to bank financing and supporting sector growth. The signing ceremony took place yesterday evening at the headquarters of the External Bank of Algeria, in the presence of Monir Belali, acting manager of the bank, and Tamam El Hadi, general director of the Guarantee Fund for Loans to Small and Medium Enterprises, where the importance of cooperation between the two parties was emphasized to facilitate support for small and medium enterprises and enable them to develop their financing capabilities. Watch the content...
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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