Continued disruptions in the Strait of Hormuz for several months could lead to oil losses ranging from 315 million barrels to 1.38 billion barrels, and an increase in Brent crude prices to levels exceeding $100 per barrel, with liquefied natural gas prices in Europe rising to around €65 per megawatt-hour in the worst-case scenario. The strait controls the passage of about 25% of global maritime oil trade and 20% of liquefied natural gas trade, making markets vulnerable to sharp fluctuations if the disruption continues. Read 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.
The General Directorate of Taxes announced in a statement today, Sunday, July 19, the extension of the deadlines for filing declarations 'J 50', 'J 1', and 'J 12'. The Tax Directorate informed all taxpayers subject to the real profit system and the single flat-rate tax system under the Directorate of Large Enterprises, tax centers, neighborhood tax centers, and tax inspections that the deadlines for filing declarations J 50, J 1, and J 12 have been extended as follows: View the full content on Echourouk Online.
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