The ordinary general assembly of SONATRACH approved the consolidated accounts of the group and the financial accounts of the company for the year 2025 during a meeting dedicated to reviewing financial performance and monitoring the progress of major structural projects of the group. The general assembly was held yesterday, Tuesday, at the headquarters of SONATRACH's general management, chaired by the Minister of State, Minister of Energy, Mohamed Arkab, with the participation of members of the general assembly of the group, including Minister of Finance Abdel Karim Bouzerd, Governor of the Bank of Algeria Mohamed Lamine Labbou, representative of the Presidency of the Republic Fawzi Amkrane, along with SONATRACH's CEO Nourredine Daoudi. Read the full content on Echourouk Online.
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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