Property development, infrastructure projects, and urban planning
The Minister of Public Works and Infrastructure, Abdelkader Djellal, began today, Wednesday, a two-day working visit to the Republic of Chad, leading a high-level Algerian delegation, to discuss ways to implement joint projects in the field of infrastructure, particularly the Trans-Saharan road project, according to a statement from the ministry.
70 billion dinars in deposits and 110,000 accounts in Islamic banking; real estate accounts for more than half of the bank financing portfolio. The Crédit Populaire Algérien is preparing to launch a new package of Islamic financing products starting next June, in a move that reflects a trend towards expanding halal banking and supporting investment dynamics in the country. These offers include financing directed towards the establishment of hotels, production facilities, administrative headquarters, and large factories, with repayment terms extending up to 15 years, providing investors with greater capacity to realize their strategic projects with financial stability and long-term sustainability. In this context, the head of the Islamic banking department at the Crédit Populaire Algérien, Soufiane Mezari, stated in a statement...
Between the creation of a joint Algerian-Chinese company for dredging and the expansion of Algerian ports, the Ministry of Public Works
The 'Mohamed Ben Ahmed' Conference Center in Oran will host the 13th edition of the International Salon of Real Estate Developers, Smart Housing, and Decoration 'Elogia' from July 27 to 30, according to the salon's governor, Akram Sidi Yakhlef. This economic event is expected to feature around 100 exhibitors from real estate developers and professionals in the real estate and housing sector, alongside representatives from public and private construction companies from Algeria, as well as foreign companies and others with partnerships with Algerian institutions, representing several countries such as China, Tunisia, Italy, Spain, and Portugal, as explained to 'APS' by Sidi Yakhlef, head of the communication agency 'Ab Concept Design'.
Oran - The 'Mohamed Ben Ahmed' Conference Center in Oran will host the thirteenth edition of the International Salon for Real Estate Developers, Smart Housing, and Decoration 'Elogia' from July 27 to 30, as announced today, Monday, by the salon's governor, Akram Sidi Yakhlef.
The Minister of Public Works and Infrastructure, Abdelkader Djellali, followed up on the progress of port development projects, primarily the establishment of a mixed Algerian-Chinese company specialized in dredging national ports, as part of enhancing maritime infrastructure capabilities and supporting economic activity.
The President of the Algerian Confederation of Employers (CAPC), Souheil Kessoum, called for the removal of bureaucratic obstacles and the simplification of procedures for obtaining foreign currency and real estate in order to accelerate the pace of investment and manufacturing in Algeria. Kessoum explained, during his appearance on the program 'Guest of the Day' on Algerian Radio Channel 3, that the volume of projects declared with the Algerian Investment Promotion Agency reflects the growing interest in investment, noting that Algeria has become capable of attracting foreign investments and enhancing local investment. Watch the full content on Echourouk Online.
The Minister of Public Works and Infrastructure, Abdelkader Djellali, followed up on the progress of port facility development projects, primarily the establishment of a mixed Algerian-Chinese company specialized in dredging national ports, alongside the expansion project of the Annaba phosphate port, during a working meeting held at the ministry's headquarters. The meeting on Sunday reviewed the progress of the procedures related to the establishment of the mixed company, presenting the work plan for the project and setting the implementation schedule and stages, in line with the directives of the President of the Republic issued during the Cabinet meeting held on April 19th. Watch the full content on Echourouk Online.
Algeria - The Minister of Public Works and Infrastructure, Abdelkader Djellali, chaired today, Sunday, at the ministry's headquarters, a working session dedicated to following up on port facility development projects, particularly the establishment of the Algerian-Chinese joint company responsible for dredging national ports, and the project to expand the phosphatic port of Annaba, according to a statement from the ministry.
Algeria - The Minister of Public Works and Infrastructure, Abdelkader Jlaoui, chaired a working session today, Sunday, dedicated to monitoring and evaluating the status of the ongoing program for the maintenance of the highway network, and studying the progress of its access projects, according to a statement from the ministry.
Economy DZD aliqtissad dz Algeria economy news
The National Agency for Housing Improvement and Development has launched a major operation to sell shops across several provinces. The agency announced, in a statement, the public auction of 48 shops for commercial and service use. This is part of the rental housing program located in the 100 housing neighborhood in Sidi Akkacha, Chlef.