Banks, financial services, lending, and fintech developments
Gold prices fell by more than $23 during trading on Monday, giving up part of the gains made in the last two sessions, amid renewed fears of escalating geopolitical tensions.
The Stock Exchange Operations and Monitoring Committee (COSOB) granted its approval during its meeting held on June 24, 2026, for the information memorandum related to the capital increase of the public economic institution “EPE CSC EXPERTISE Spa” by 15%, through public savings, in a move that raises the number of companies listed on the Algerian Stock Exchange to 11 companies. The operation includes the issuance of 300,000 new shares to be listed in the growth section of the capital market at the Algerian Stock Exchange, with an issuance price of 425 dinars per share, and a total issuance value...
BDL shows a 19% increase in its net income in 2025, driven by its stock market introduction. Details.
Algeria - The Minister of Internal Trade and Regulation of the National Market, Amal Abdel Latif, received today, Sunday, in Algiers, a delegation from the International Monetary Fund headed by the head of the Fund's mission to Algeria, Charalambos Tsongaridis. This is part of the regular consultations conducted by the International Monetary Fund with Algeria under Article IV of its Articles of Agreement, according to a statement from the ministry.
Algeria - The President of the Kossoub Committee for Organizing and Monitoring Stock Exchange Operations, Youssef Bouzenada, received a delegation from the International Financial Reporting Standards Foundation on the sidelines of his participation in the Evact Connect Africa forum, organized in Algiers by the International Federation of Accountants in coordination with the National Council of Accounting Experts in Algeria, where cooperation and exchange of experiences between the two bodies were discussed, according to a statement issued by the committee today, Sunday.
The Minister of Internal Trade and Regulation of the National Market, Amal Abdel Latif, received this Sunday in Algiers a delegation from the International Monetary Fund headed by the head of the Fund's mission to Algeria, Aralambos Tsongaridis. This is part of the regular consultations conducted by the International Monetary Fund with Algeria under Article IV of its Articles of Agreement, according to a statement from the ministry.
The President of the KOSOUB Committee for Organizing and Monitoring Stock Exchange Operations, Youssef Bouzenada, received a delegation from the International Financial Reporting Standards Foundation on the sidelines of his participation in the EFACT Connect Africa event, organized in Algiers by the International Federation of Accountants in coordination with the National Council of Accountants in Algeria, where cooperation and exchange of experiences between the two bodies were discussed, according to a statement from the committee this Sunday.
The Algerian Post warned, in a statement today, Saturday, of an increase in attempts of electronic fraud targeting users of the 'Baridi Mob' application, urging not to share banking information or verification codes (OTP) with any party when receiving suspicious calls or messages, and to terminate the call immediately and not continue interaction.
Morocco's budget deficit widened by 12.6% year-on-year during the first five months of 2026, reaching 30 billion dirhams ($3.2 billion) by the end of May, driven by an increase in spending outpacing revenue growth, according to data from the Moroccan Ministry of Economy and Finance. The monthly budget execution report showed that expenditures rose by 9% to 201.5 billion dirhams by the end of May, while revenues increased by 8.4% to 171.4 billion dirhams. Read the full content on Echourouk Online.
Prohibition of conditional fees and banning economic dependency on a single client, extending the conflict of interest reporting period by 15 days for reporting convictions and any defamatory or provocative behavior that may lead to disciplinary action. The extraordinary general assembly of the National Chamber of Auditors will convene on July 9 at the 'Marker' hotel in Algiers to approve the draft code of ethics and professional conduct for auditors - 2026 edition, which is the first official ethical code for the profession since the enactment of law 10-01 in 2010. According to data obtained ...
Gold is heading towards a loss for the fourth consecutive week as it remains below the $4000 per ounce level amid a rising dollar and expectations of an increase in U.S. interest rates.
Global gold prices continue to sharply decline, approaching their lowest levels in over seven months, amid strong pressures from the rise of the US dollar and increasing market expectations regarding tightening monetary policy in the United States.