The Local Development Bank announced today, Saturday, in a statement, an exceptional 50% reduction on the absolute profit margin on consumer loans according to Islamic banking, aimed at purchasing electrical and electronic appliances, during the month of Ramadan. These loans, which comply with the 'consumer Murabaha' formula, benefit from an 'exceptional reduction of 50% on the profit margin, which decreases from 8.5% to 4.25%, allowing citizens to finance their projects under more favorable conditions,' according to the public bank that is launching this initiative for the second consecutive year.
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.
aps.dzMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
aps.dzNews Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.