Algeria is advancing in the development of direct reduced iron within the Middle East and North Africa region, through projects with a capacity of about 5 million tons annually, enhancing its position among the countries most contributing to the transition towards low-emission steel production, according to a report by Global Energy Monitor, reviewed by the Energy Research Unit. The report ranks Algeria second regionally in direct reduced iron expansions, behind Libya, which leads the scene with a capacity of 11 million tons annually, while Egypt comes in third with about 3 million tons annually, amid a clear acceleration in the development of this type of industry in the region. Read the full content on الشروق أونلاين.
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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