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After “GAFI”… Towards Removing Algeria from the European Union List

July 19, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
After “GAFI”… Towards Removing Algeria from the European Union List

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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For these reasons, inspections are being carried out for the 'Algeria-Italy gas pipeline'

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A British company has launched marine inspection and monitoring operations for the gas pipeline 'Transmed', known as 'Enrico Mattei', linking Algeria and Italy across the Mediterranean Sea via Tunisia, to verify the condition of the underwater pipes, their safety, and protection status, in operations continuing until December 15. According to local media reports from the Italian island of Sicily, the inspections began on Tuesday, October 27, in the waters off the Capo Feto area, in the city of Mazara del Vallo on the Italian island of Sicily, and include examining the seabed and the underwater pipes extending in the area, under a decision issued by the Mazara del Vallo port authority, which specifies the conditions for carrying out the works.

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