Algeria is witnessing a continuous enhancement of its maritime energy transport capabilities, through the development of its fleet dedicated to the transportation of liquefied natural gas and hydrocarbons, as part of a strategic approach aimed at supporting national exports and consolidating the country's position in the global energy market, according to the latest data from the specialized energy platform until early 2026. According to a survey conducted by the specialized energy platform until early 2026, this development is directly related to the company 'Hyproc Shipping Company', a wholly-owned subsidiary of the SONATRACH group, which is the national leader in maritime transport of hydrocarbons, playing a pivotal role in securing the transport of gas and oil...
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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