
New Horizons for Developing Cooperation and Providing Financial Services between Algeria Post and Baraka Bank - Iqtissad Al Balad
Algeria's economy news
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Algeria's economy news

Algeria - The Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) signed a cooperation agreement today, Monday, in Algiers, with the Institute for Research and Training in Islamic Finance (IRFFI), affiliated with Baraka Bank Algeria, as part of efforts to enhance capacities in the field of Islamic finance, according to a statement from the commission.

El Oued - The University of the Martyr Hamma Lakhdar in El Oued hosted today, Monday, a national seminar titled 'Islamic Banking .. Requirements for Localization and Activation Perspectives'.

Gold prices fell by about $65 during trading on Monday, giving up part of the gains made last week, while the price per gram declined in Algerian markets.

The Commission for the Organization and Supervision of Stock Exchange Operations (COSOB) granted, during its meeting on April 15

The Commission for the Regulation and Supervision of Stock Operations (COSOB) has granted its approval for the information memorandum regarding the capital increase of 'Irad' (AYRADE SPA) by 25 percent, through a public savings offering, according to a statement from the commission on Sunday. The same source clarified that the decision was made during a committee meeting held on April 15, where the operation includes the issuance of 1,250,000 new shares for subscription, which will be listed in the growth section of the capital market. The price of each share has been set at 800 Algerian dinars, representing a total value of the operation estimated at one billion Algerian dinars, with the date for enjoying the shares set for January 1, 2026. The statement added that the shares will be in the form of bonds...

Economy DZD aliqtissad dz Algeria economy economic news

The Commission for the Regulation and Supervision of Stock Operations (COSOB) has granted its approval for the information memorandum regarding the capital increase of 'IRAD' (AYRADE SPA) by 25 percent, through public savings, according to a statement from the commission this Sunday. The same source clarified that the decision was made during the committee meeting held on April 15, where the operation includes the issuance of 1,250,000 new shares for subscription, which will be listed in the growth section of the capital market.

Financing the acquisition of ships internationally is the domain of a small group of financial actors, being high intensity of

Economy DZD aliqtissad dz Algeria economy economic news

Algeria - Representatives of the National People's Assembly participating in the spring meetings of the World Bank and the International Monetary Fund in Washington held a series of meetings with several officials, according to a statement from the assembly today, Saturday.

The Governor of the Bank of Algeria, Mohamed Lamine Labo, called for strengthening international governance as a fundamental condition for improving global economic performance, emphasizing the need to direct monetary policies towards price stability and enhance regulatory and supervisory frameworks to address emerging risks amid rising uncertainty linked to geopolitical tensions. According to what was reported by 'APS', Labo clarified in a speech delivered yesterday, Friday, during the 53rd meeting of the International Monetary and Financial Committee in Washington, that effective multilateral frameworks are capable of reducing the recurrence of shocks and mitigating their severity through the coordination of economic policies, stressing the importance of enhancing exchange rate flexibility to support the capacity of economies, especially food-importing ones.