Mazari to 'Echorouk': The Algerian Popular Credit is preparing to finance raw materials with Islamic banking totaling 6500 billion and more than 100,000 accounts. The Algerian Popular Credit is preparing to launch a new product in Islamic banking under the 'Murabaha financing' format, aimed at financing the acquisition of raw materials, with a profit margin of less than 8 percent. This anticipated step during the month of Ramadan aims to support industrialists and stimulate the increase of national production with competitive financing conditions. In this regard, Soufiane Mazari, head of the Islamic banking department at the Algerian Popular Credit, stated in a statement to 'Echorouk' that preparations are underway to launch a new financing product represented by 'Murabaha financing' aimed at businessmen wishing to acquire materials...
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
aps.dzSetif - The national exhibition for cosmetics and care products was inaugurated today, Wednesday, in Setif, with the participation of 60 exhibitors representing companies and institutions active in this field.
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Béjaïa Port has set a new record in handling bulk cargo, unloading 15,153.60 tons of corn within 24 hours, in an operation conducted directly from the ship to the trucks, according to the Béjaïa Port Authority (EPB). The authority stated in a press release that the operation was carried out at berth number 21, starting from the ship 'BUNUN TREASURE' coming from Santarém, thus breaking the previous record set at the port. View the full content on Echourouk Online.
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