European traders reported that the Algerian Professional Office of Cereals purchased about 690,000 tons of wheat flour in an international tender that closed on Thursday, at a price of approximately $272 per ton including shipping costs, as part of securing the national market's needs for grains. The traders explained, according to Reuters, that the purchased quantities ranged between 660,000 tons and more than 700,000 tons, but the most commonly circulated figure among traders settled at about 690,000 tons, even though the tender aimed for a nominal quantity of only 50,000 tons, while the office has been accustomed to purchasing much larger quantities than the announced size. Read the full content on الشروق أونلاين
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...
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.