A Belgian company specialized in electricity production projects has won a contract to build a new natural gas power station in the Ividil area of Illizi Province, as part of efforts to enhance electricity generation capacities in isolated areas and support the stability of the national grid. The announcement of the contract was made by the Belgian company 'E.M.M.' based in Waterloo, in a statement published on Thursday, which 'Echorouk' reviewed, confirming its victory in the project to build a gas-powered power station for the benefit of the 'Sonelgaz' group, within an approach based on reliable and flexible energy solutions that respond to the specificities of southern regions. The statement clarified that the project relies 100 percent on natural gas, in the context of enhancing...
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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