Banking & Finance

Banks, financial services, lending, and fintech developments

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Gold Prices Decline Amid Inflation Concerns

Gold Prices Decline Amid Inflation Concerns

Gold prices fell on Monday amid concerns over rising inflation and the possibility of high interest rates persisting for a longer period. Spot gold dropped 0.6 percent to $4684.32 an ounce. U.S. gold futures for June fell 0.8 percent to $4692.70. For other precious metals, silver rose 0.7 percent in spot transactions to $80.88 an ounce, platinum decreased 0.6 percent to $2042.71, and palladium fell 0.4 percent to $1484.99.

May 11, 2026radioalgerie.dz
These new tasks for Algerian banks' branches abroad

These new tasks for Algerian banks' branches abroad

Director of 'Union Bank': Wide success for Algerian products in the Mauritanian market. Director of 'Senegal Bank': Breaking the traditional role and opening a new gateway to the African market. Algerian banks' branches abroad have begun a new phase of activity, moving beyond the traditional framework of banking work towards a more expansive and influential economic role, which involves supporting Algerian institutions in entering African markets and opening direct channels with importers and economic operators on the continent. This transformation is no longer just a theoretical direction, but has started to be implemented through Algerian bank branches operating in several African countries for the past three years, actively working today on the ground, such as in Senegal and Mauritania, where it has become...

May 10, 2026echoroukonline.com
Information Day in Algiers for Listed Company Representatives

Information Day in Algiers for Listed Company Representatives

Algeria - The Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) organized a technical information day today, Wednesday, in Algiers for the financial disclosure officers of companies listed on the stock exchange and sponsors in the stock market, dedicated to presenting and explaining the provisions of Regulation No. 25-04 dated October 22, 2025, concerning the disclosure of information that must be published by companies whose securities are listed on the stock exchange.

May 6, 2026aps.dz
AL24 | الاقتصاد

Gold Rises by More than 3% Thanks to Peace Hopes in the Middle East and Dollar Decline

Gold prices jumped by more than three percent on Wednesday, reaching their highest level in over a week, after the prospects of a peace agreement between the United States and Iran led to a decline in the dollar and oil prices, easing inflationary pressures that bolster expectations for higher interest rates to persist for a longer period. The price of gold in spot transactions rose 3.2 percent to $4703.09 per ounce by 0938 GMT, marking its highest levels since April 27. U.S. gold futures for June also rose 3.2 percent to $4714 per ounce.

May 6, 2026al24news.dz
Tightening Control Over Hidden Wealth.. A Register Reveals the True Owners!

Tightening Control Over Hidden Wealth.. A Register Reveals the True Owners!

Mandatory submission of detailed data including identity, ownership, control chain, and shareholders to deposit declarations at the commercial registry center and the ministries of interior, finance, and religious affairs. The authorities have officially established a register of beneficial owners at the National Commercial Registry Center, in a move aimed at enhancing financial transparency and accelerating exit from the grey list of the Financial Action Task Force (FATF). This register reveals the actual owners of companies and legal entities, and the measure comes as part of a new executive decree that imposes mandatory reporting and data updating, along with enhanced oversight to combat money laundering and terrorist financing and regulate legal arrangements. In this context, the Prime Minister, Aïmene Benabderrahmane, signed an executive decree...

May 5, 2026echoroukonline.com