The General Union of Algerian Traders and Artisans (UGCAA) confirmed that Algeria is currently witnessing a structural transformation in the dairy market, gradually shifting from a model based on intensive imports of milk powder to a model relying on local production of fresh milk and its derivatives, which could potentially allow for a significant reduction in the import bill in the future, saving about 600 million dollars annually in hard currency. The union revealed that Algeria's imports of milk powder reached about 343 million dollars in 2025, with a significant reliance on Uruguay, indicating the widening gap between local production and national consumption. Watch the full content on Echourouk Online.
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.
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...
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