The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, oversaw the signing of an agreement for the acquisition of 331 harvesting machines and 1800 tractors, coinciding with the launch of a specialized training course in agricultural mechanization, in a move aimed at enhancing the sector's capabilities and increasing its productivity ahead of the harvest and threshing campaign for the 2025-2026 season. The signing ceremony took place yesterday, Saturday, between the Agricultural Equipment Marketing Company (PMAT TRADING) and (AGRO DRIVE), a subsidiary of the 'AGRODIV' group, aimed at supporting the national fleet of equipment intended for plowing, sowing, harvesting, and threshing operations, as part of the implementation of the decisions of the President of the Republic aimed at enhancing agricultural mechanization and making a qualitative leap in the sector. Watch 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.
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...
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.
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.