The Minister of State, Minister of Energy and Mines, Mohamed Arkab, discussed with the Chairman of the Board of Directors of Power International Holding, Moataz Al-Khayat, opportunities for cooperation, partnership, and investment across the value chain in the energy sector, as well as ways to enhance cooperation between SONATRACH and the Qatari group in the oil and gas industry, particularly in the areas of field development, research and exploration, and fuel production in Algeria. According to the ministry's statement, the discussions held at the ministry's headquarters also addressed ways to enhance commercial cooperation, especially in the marketing of liquefied petroleum gas (LPG) and fuel transportation, in addition to exploring new opportunities for...
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.
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.
Algeria - The SONATRACH group reported in a statement on Sunday that the agreements signed in Berlin with the companies Bosch and Siemens Energy, on the sidelines of the official visit by the President of the Republic, Mr. Abdelmadjid Tebboune, to Germany, will enhance cooperation between the two countries in the field of energy transition.
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