The Minister of Energy and Renewable Energies, Mourad Adjali, confirmed today, Monday, June 8, in the Chadian capital N'Djamena, the ability of 'Sonelgaz International' to achieve the desired investment on the African continent. Adjali, in a statement to the Algerian News Agency, on the sidelines of the Prime Minister, Saïf Ghareb, overseeing the laying of the foundation stone for the construction of a power station with a production capacity of 40 megawatts, pointed out that after inaugurating a 40-megawatt power generation station a few days ago in Niger, 'Sonelgaz International' is starting to build a second power generation station with a capacity of 40 megawatts as well, which, according to the minister, consolidates Algeria's 'leading role as a reliable energy partner in the region.'
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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