Expert Mendouh: Many reasons drive the oil market towards an increase in the coming period. Additional double gains are expected for the country from the rise in oil and gas. Oil prices recorded significant gains at the close of weekly trading on Friday evening, reaching $72 per barrel, the highest level for crude oil since July 31, 2025, which means an additional $10 for Algeria for each barrel compared to the reference level set in the 2026 budget at $60. This situation is expected to continue in the coming period for several reasons. Brent crude (North Sea blend), the reference oil for Algerian oil 'Sahara Blend', ended the week at $71.76 per barrel.
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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