Stellantis, the global automotive group, clearly outlined its plans to establish a real vehicle manufacturing base in Algeria, with the primary focus on increasing the local integration rate at the Italian brand's factory, 'Fiat' in Oran, through efforts involving local Algerian stakeholders, as well as international ones, particularly Italian manufacturers, aiming to create added value for this sector. In this context, the Italian brand, through the Tarfaya factory, made the 'Mechanics of Algeria' salon, scheduled to be held in Oran from February 10 to 12, an opportunity to meet Algerian manufacturers, investors, and economic operators wishing to engage in efforts to increase local integration in manufacturing...
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.
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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