Except for Italy, which rushed to increase its supplies of Algerian gas since 2022 and also invested money in several major projects, most European countries have increased their purchases of gas from the United States and other countries despite the difference in reliability, risks, and also price. However, the American-Israeli war on Iran has come as a new opportunity for the old continent to repent for its energy mistakes towards Algeria and move forward in pumping investments into a country that has proven through fluctuations and successive crises to be the most reliable and secure partner. In this context, the Italian Prime Minister is visiting Algeria this Wednesday on an official working visit, as announced by the Italian government in its agenda.
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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