The Algerian Electricity and Gas Company 'Sonelgaz-Distribution' has allocated significant resources and investments to ensure regular and continuous electricity supply in Algiers during the summer of 2026, amid expectations of an increase in electricity demand to 2300 megavolt-amperes, a 7 percent increase compared to last year. The company revealed, during a press conference organized by the Algiers pole of 'Sonelgaz-Distribution' to present the activity report for 2025 and preparations for summer 2026, an investment of more than 433 million dinars to establish new facilities aimed at strengthening transmission and distribution networks and improving service stability during peak periods. 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.
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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