70 billion dinars in deposits and 110,000 accounts in Islamic banking; real estate accounts for more than half of the bank financing portfolio. The Crédit Populaire Algérien is preparing to launch a new package of Islamic financing products starting next June, in a move that reflects a trend towards expanding halal banking and supporting investment dynamics in the country. These offers include financing directed towards the establishment of hotels, production facilities, administrative headquarters, and large factories, with repayment terms extending up to 15 years, providing investors with greater capacity to realize their strategic projects with financial stability and long-term sustainability. In this context, the head of the Islamic banking department at the Crédit Populaire Algérien, Soufiane Mezari, stated in a statement...
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
aps.dz
Funded by the Green Climate Fund.
elkhabar.com
Algeria - The Director General of the Algerian Investment Promotion Agency, Omar Rakash, today, Tuesday in Doha (Qatar), discussed with the CEO of the Investment Promotion Agency in Qatar 'Invest Qatar', Sheikh Ali bin Al-Waleed Al Thani, ways to enhance the investment partnership between the two countries and expand cooperation in the field of investment promotion, according to a statement from the agency.
aps.dzNews Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.