Preparatory work at the phosphate mine in Blad El Hadba is set to achieve production equivalent to 4 million tons of raw phosphate before the end of the second quarter of 2027, which will nearly cover a full year's needs for the raw material specific to processing units, according to project officials during a site visit by Minister of Mines and Mining Industry Mourad Hanifi to the state of Tebessa. During his inspection of the progress of the 'exploitation preparation phase' at the mine, the minister received a presentation on the ongoing work since October 2024, which includes the removal of barren layers and site preparation to begin extracting raw phosphate. The provided data indicates that the first phase aims to produce 3.5 million tons of phosphate...
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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