A stricter framework for interest rates on loans starting June 29. The Bank of Algeria has tightened the regulation of interest rates applied by banks and financial institutions. Through instruction n°06-2026 of June 29, 2026, amending instruction n°08-2016 regarding the conditions for setting excessive rates, the monetary institution halves the allowed tolerance margin for classifying a loan as 'excessive interest rate'. According to the new provisions, a loan will now be considered granted at an excessive interest rate when its rate...
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
aps.dzMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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Sidi Bel Abbès - A total production exceeding two million quintals of various types of grains is expected in the Sidi Bel Abbès province, as part of the recently launched plowing and sowing campaign, according to what the provincial agricultural services directorate reported today, Wednesday.
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