The National Agency for Microcredit Management 'ONGEM' launched a digital platform on Thursday to market the products of project owners benefiting from the agency's funding across the national territory, in a move that ensures prior monitoring of products and secure access to them, according to the agency's Director General, Souad Ben Jamil, in a statement to 'Echorouk' on the sidelines of her participation in the regional forum 'Algeria Descript' on Thursday at the Djilali Liabes University in Sidi Bel Abbes. The speaker stated that the occasion was an opportunity to sign an agreement with a delivery office that ensures local and international service provision, alongside the launch of the 'Sadidi' platform to facilitate the repayment process for beneficiaries' debts remotely. Ben Jamil added that the agency has submitted a request for...
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...
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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