The President of the National Agency for Hydrocarbon Valorization, Samir Bakhti, announced that the opening of bids for the 'Algeria Bid Round 2026' will take place on April 26, and will cover seven areas designated for hydrocarbon exploration, as part of a competitive process extending until November 26, 2026. Samir Bakhti explained during his appearance on the 'Guest of the Morning' program on the first radio channel that this round targets significant energy potential, with total resources in the offered areas estimated at around 1.8 billion barrels of oil and 8.63 billion cubic meters of gas, in addition to reserves estimated at 239 million barrels of oil and 19 billion cubic meters of gas. Watch the full content on the channel...
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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