In the context of enhancing institutional cooperation and expanding partnership horizons, the Algerian Post today signed a framework agreement with the External Bank of Algeria 'BEA', embodying the mutual desire of both institutions to build effective and sustainable cooperation based on integration, exchange of experiences, and the development of services that meet citizens' aspirations. This agreement is part of the process of developing Islamic banking, through the adoption of the 'Murabaha' formula, which allows for the exploration and provision of new financial solutions and services that align with the needs of beneficiaries and keep pace with the transformations occurring in the financial and banking sector. Watch the full content on Echourouk Online.
The National Agency for the Valorization of Hydrocarbon Resources in Algeria, 'Naftal', confirmed that the 'Algeria Bid Round 2026' highlights the investment dynamics in the Algerian upstream sector.
al24news.dz
Algeria - The Commission for the Regulation and Monitoring of Stock Exchange Operations 'COSOB' has granted approval to establish a collective investment fund with venture capital, named the University Fund for Innovation and Startups, which aims to invest in companies and innovative projects affiliated with or related to the university system, according to a statement issued today, Monday, by the Commission.
aps.dz
The Committee for Organizing and Monitoring Stock Exchange Operations (COSOB) granted approval for the establishment of a collective investment fund with risk capital (FCPR) under the name 'University Fund for Innovation and Startups', with proposed initial assets amounting to 280,354,200 Algerian dinars. This step aims to enhance financing for companies and innovative projects linked to the university, scientific, technological, and entrepreneurial ecosystem in Algeria. The approval was granted during a meeting of the Committee for Organizing and Monitoring Stock Exchange Operations held on September 29, 2026, in accordance with the provisions of system No. 24-02 dated October 23, 2024, related to collective investment bodies with risk capital (OPCR), which regulates this type of investment bodies.
echoroukonline.comNews Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.