– Accelerating digital transformation and generalizing electronic payment – Opening new agencies and improving reception quality. Public banks have initiated a series of expanded meetings and coordination sessions with their officials, agency managers, and central and local staff, as part of implementing the three new directives from the Bank of Algeria regarding the organization of banking operations related to foreign trade and updating work mechanisms within the banking network, especially ensuring the financial solvency of the importer and applying the 'Know Your Customer' memorandum, as well as the memorandum regarding the non-banking localization of the importer before shipping. These movements come, according to banking sources, after the issuance of new regulatory instructions that emphasized resetting the course of operations.
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
The declaration of social insurance interests then disappearing in three months and returning at the beginning of July coincided with the period of processing import files, including workers, capacities, and demand size... All data became comparable. Sources from the foreign trade sector revealed striking numerical indicators that appeared during the analysis of data from some companies involved in import files, most notably the registration of workers with social security services during the period from January to March 2026, before the declarations of workers completely disappeared during April, May, and June, then returned again starting from July and continued until the end of September, coinciding with the period known for the submission and study of program files.
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