Global demand for natural gas is expected to rise by 31 percent to reach 5417 billion cubic meters by 2055, compared to 4137 billion cubic meters in 2024, with an estimated annual growth rate of 2.7 percent, while its share in the global energy mix increases from 23 percent to 26 percent during the same period, according to the report 'Global Outlook of the Gas Exporting Countries Forum 2055'. The report's data indicated that the share of electricity in final energy demand will rise from 22 percent in 2024 to 32 percent by 2055, making it the main driver of gas consumption growth, as the energy sector accounts for more than half of the expected additional demand. View 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.
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.
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...
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