The African Development Bank Group highlighted today in Brazzaville the Algeria-Tamanrasset railway project as one of the 'most transformative' infrastructure projects in Africa, emphasizing the strategic importance of this trans-Saharan corridor in implementing the African Continental Free Trade Area. During a meeting organized as part of the African Development Bank's annual meetings, the bank's Vice President, Mari Lore Akin Olugbadi, stated that the bank's contribution to financing the first phase (Laghouat - Ghardaïa - El Menia) of the Algeria-Tamanrasset railway line represents 'the largest project for the bank in Algeria.' She said, 'Among our interventions with significant transformative impact, the railway project stands out.'
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.
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.
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