The Ministry of Energy and Mines confirmed that the upcoming bidding round 'Algeria Bid Round 2026', which the National Agency for the Valorization of Hydrocarbon Resources (Naftal) is preparing to launch, represents an important step that will open a 'new era of opportunities' in the field of hydrocarbon exploration and development. In a post by the ministry on social media platforms, last Saturday evening, it was stated that 'the Naftal is preparing to launch the Algerian bidding round for 2026, opening new horizons for exploration and development through some of the most promising opportunities in the world in the hydrocarbon sector, in addition to world-class assets.'
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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