The cost of renting a large crude oil tanker to ship two million barrels from the Middle East to China has risen to $206,141 per day, for the first time since April 2020, according to data from the London Exchanges Group and the World Scale index used to calculate shipping costs in the sector, marking a fourfold increase since the beginning of the year. This rise comes in the wake of increased crude exports from the Middle East, amid fears of a potential military conflict between the United States and Iran, prompting traders to intensify tanker rentals. Estimates suggest that rising shipping costs may reduce the profits of Asian refineries. Watch the full content on الشروق أونلاين
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.
The General Directorate of Taxes announced in a statement today, Sunday, July 19, the extension of the deadlines for filing declarations 'J 50', 'J 1', and 'J 12'. The Tax Directorate informed all taxpayers subject to the real profit system and the single flat-rate tax system under the Directorate of Large Enterprises, tax centers, neighborhood tax centers, and tax inspections that the deadlines for filing declarations J 50, J 1, and J 12 have been extended as follows: View the full content on Echourouk Online.
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