The Bank of Algeria published its monthly financial position as of November 30, 2025, in the official journal, which showed that the total assets and liabilities of the bank exceeded 21.113 trillion dinars, reflecting the large volume of resources and funds managed by the central bank as the institution responsible for issuing currency and managing the state's official reserves. The report reveals that gold represents one of the most important components of the bank's assets, valued at over 3.027 trillion dinars, while the value of foreign currency balances reached about 1.368 trillion dinars, in addition to special drawing rights estimated at more than 559 billion dinars. The bank also included various contributions and investments exceeding 4.951 trillion dinars, along with accounts...
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.
Most homes and farms are not insured against fires; farmers are the most exposed to losses due to weak subscription. New insurance products to face climate disasters, digitization, and artificial intelligence to reduce compensation times. Hassen Khalifati, a member of the board of the Algerian Union of Insurance and Reinsurance Companies, warned that the expansion of fires in Algeria, due to heat waves and climate changes, is met with a clear weakness in the demand for fire insurance, which increases the losses incurred by families, farmers, and economic institutions when disasters occur. Khalifati explained, in a statement to 'Echorouk', that there are no accurate and updated statistics to determine the percentage of homes or farms...
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