The Bank of Algeria has issued a new directive amending the provisions for determining excessive interest rates on loans, signed by the bank's governor, Mohamed Amine Labou, aimed at recalibrating the regulatory framework for pricing bank loans and enhancing borrower protection from inflated interest rates. The directive No. 06-2026, dated June 29, 2026, relates to the amendment of directive No. 08-2016 issued on September 1, 2016, concerning the methods for determining excessive interest rates, which came into effect from the date of its signing. Read the full content on Echourouk Online.
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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