This Sunday marked the opening of the 28th edition of the International Exhibition of Construction, Building Materials, and Public Works (Batimatec 2026) at the Exhibition Palace in Algiers, with extensive national and international participation. The official inauguration was overseen by the Minister of Housing, Urban Planning, and City, Mohamed Tarek Belaribi, alongside several government members, the President of the National Economic, Social, and Environmental Council, and the President of the National Investment Promotion Agency, in the presence of the Governor of Algiers and representatives of the diplomatic corps accredited in Algeria.
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.
The U.S. Geological Survey (USGS) revealed massive estimates of undiscovered gas resources in the Greater Sahara Basin/Ahnat region of Algeria, averaging about 80.1 trillion cubic feet of technically recoverable gas, along with 275 million barrels of natural gas liquids, according to a scientific study published in April 2026 as part of Fact Sheet 2026-3005. These estimates are among the largest recent assessments of unconventional resources in North Africa, based on a geological assessment methodology to estimate technically recoverable undiscovered resources, and included eight assessment units distributed across two major petroleum systems within the region. View the full content on the...
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