Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received today, Monday, the Minister of Foreign Affairs of the Kingdom of the Netherlands, Tom Berendsen, who is on a working visit to Algeria, where they discussed ways to enhance cooperation and partnership between the two countries in the hydrocarbons sector, according to a statement from the ministry.
Algeria - The Ambassador of the United Republic of Tanzania in Algeria, Mobahar Holmes Matini, highlighted that Algeria represents a 'vital geographical bridge' connecting North Africa and South Africa, noting its strategic location that grants it a prominent and effective role in advancing intra-African trade.
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These are the advantages of factoring, and the process allows for the mobilization of commercial receivables and their conversion into immediate liquidity by identifying the creditor and debtor and the necessary information to assess the financial situation of both parties. Algerian banks are currently accelerating the adoption of a long-awaited new mechanism by economic operators, namely the financial factoring service, which is expected to put an end to the liquidity shortage that constrains some institutions despite having significant contracts and orders. This acceleration came after the Bank of Algeria provided full legal coverage for the practice of this activity, thus opening the door to a real revolution in financing methods for the national economy. In this context, the Algerian External Bank had launched the first service...
echoroukonline.comTlemcen - Today, Monday, Minister of Water Resources, Lounes Bouzegza, oversaw the launch of remote connection projects from the desalination plants being constructed in 'Ain Ajroud' in the municipality of Marsa Ben Mehidi in Tlemcen, and Sidi Ajjal in the municipality of Khadra in Mostaganem, and the port in Chlef.
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