Today, Thursday, Minister of State, Minister of Hydrocarbons, Mohamed Arqab, received the Chairman of the German energy group 'VNG AG', Ulf Heitmüller, in the presence of senior officials from both the Algerian and German sides. According to a statement from the ministry, this important and strategic meeting aims to enhance cooperation relations and deepen the existing bilateral partnership between Algeria and the Federal Republic of Germany in various vital energy fields, as well as to follow up on the outcomes and roadmap of the historic memorandum of understanding signed by the national group SONATRACH with the German company 'VNG AG' yesterday, which primarily aims to explore new and innovative opportunities for joint cooperation in the energy sector.
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.
Algeria - The SONATRACH group reported in a statement on Sunday that the agreements signed in Berlin with the companies Bosch and Siemens Energy, on the sidelines of the official visit by the President of the Republic, Mr. Abdelmadjid Tebboune, to Germany, will enhance cooperation between the two countries in the field of energy transition.
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