Algeria is positioning itself as a key hub in the global oil and gas market, benefiting from the repercussions of the war on Iran that caused a sharp rise in prices and disruption of Gulf supplies, while intensifying its investments and production programs with unprecedented figures to meet the increasing international demand. Movements and updates monitored by the specialized energy platform indicate that strengthening the oil and gas sector in North Africa has become one of the most prominent strategic options at this stage, considering the abundance of resources that the countries in the region possess and their geographical location, which is relatively distant from geopolitical tension hotspots. 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.
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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