Regulatory & Legal

Business law changes, compliance, and regulatory updates

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Algeria Reaps the Fruits of the Hydrocarbons Law That Many Wanted to Abort!

Algeria Reaps the Fruits of the Hydrocarbons Law That Many Wanted to Abort!

As months and years passed, it became clear that Algeria is actually reaping the fruits of the hydrocarbons law of 2019, which raised the ire of many at the time, especially since its discussion took place during the height of the popular movement and protests. It has been established that the new legislative text is motivating and attractive to foreign energy companies, many of which are classified as 'giants', and it allows for new partnerships either through tenders or bilateral contracts, in addition to protecting national resources through the right of preemption. In this context, the National Agency for the Valorization of Hydrocarbon Resources (ALNFT) announced on Tuesday, in a statement seen by 'Echorouk', the granting of an exploration license to 'British Petroleum' (BP) in Algeria in the eastern basin.

Apr 14, 2026echoroukonline.com
New blacklist of individuals banned from trading!

New blacklist of individuals banned from trading!

Strict compliance with 'GAFI' regulations.. and 30 days to update the commercial register or face severe penalties. The government is preparing to create and expand a 'blacklist' of individuals and entities banned from trading. This list will not be separate but will be added to the previous system to include specific categories, primarily those involved in tax fraud, money laundering, financing terrorism and sabotage, and financing the proliferation of weapons of mass destruction, along with individuals and entities listed in national and international sanctions lists, which practically means excluding anyone proven to be involved in crimes affecting the transparency of the economy and the integrity of transactions from the commercial space...

Apr 14, 2026echoroukonline.com
Arqab and Hanifi emphasize the need to respect the deadlines for the integrated phosphate project

Arqab and Hanifi emphasize the need to respect the deadlines for the integrated phosphate project

The Minister of State, Minister of Hydrocarbons, Mohamed Arqab, along with the Minister of Mines and Mining Industries, Mourad Hanifi, chaired a coordination meeting today, Tuesday, in Algiers, dedicated to monitoring the progress of the integrated phosphate project in the regions of El Hadba and Oued Kbiret, according to a statement from the Ministry of Hydrocarbons. The same source clarified that the meeting, which was attended by the Secretary of State to the Minister of Mines and Mining Industries, Karima Bakir Tafer, […]

Apr 14, 2026echaab.dz
Exploration License for British Petroleum in Algeria

Exploration License for British Petroleum in Algeria

The National Agency for the Valorization of Hydrocarbon Resources announced in a statement on Tuesday the granting of an exploration license in Algeria to British Petroleum (BP) in the eastern basin. The return of energy giant British Petroleum to Algeria is a strong signal of renewed confidence from international companies in the potential of the Algerian mining sector, within the framework of the partnership promoted by Naftal. The agency noted that the Algerian mining sector, which extends over more than 1.7 million square kilometers, offers vast areas with significant potential, in a context characterized by the rapid development of exploration technologies, emphasizing that it is pushing for a 'new dynamic based on innovation and the integration of advanced technologies, aimed at improving knowledge of...

Apr 14, 2026echoroukonline.com
Two Agreements to Strengthen the Fight Against Financial Crimes in Algeria

Two Agreements to Strengthen the Fight Against Financial Crimes in Algeria

On Tuesday, the General Directorate of Taxes signed two cooperation agreements with both the National Gendarmerie and the Central Office for the Suppression of Corruption, as part of enhancing coordination between the bodies responsible for combating economic and financial crime, money laundering, and terrorism financing, and supporting efforts to protect the national economy and establish transparency. According to a statement from the directorate, the signing ceremony was supervised by Finance Minister Abdel Karim Boualzerd, Justice Minister Hafidh Al-Akhtam Lotfi Boujemaa, and the Secretary General of the Ministry of National Defense, Major General Mohamed Salah Ben Beicha, in the presence of the National Gendarmerie Commander, Major General Broman Sid Ahmed, at the Ministry of Finance headquarters. Watch the full content on Echourouk Online.

Apr 14, 2026echoroukonline.com
Reopening of the Import Platform for Production Inputs Until This Date

Reopening of the Import Platform for Production Inputs Until This Date

The Ministry of Foreign Trade and Export Promotion announced the reopening of the digital platform for importing raw materials and necessary production equipment during the period from April 14 to 30, with the aim of processing supplementary requests under specific conditions. A statement from the ministry clarified that this period will be dedicated to studying requests accompanied by supporting documents in 'PDF' format, which are related to cases of force majeure, such as floods, fires, exceptional incidents, and technical malfunctions, in addition to cases of increased production lines or capacities, or signing new export contracts, emphasizing that all requests not compliant with these cases will be automatically rejected.

Apr 14, 2026echoroukonline.com
Rziq discusses with banks the facilitation of localization and ensuring the smooth flow of foreign trade

Rziq discusses with banks the facilitation of localization and ensuring the smooth flow of foreign trade

The Minister of Foreign Trade and Export Promotion, Professor Kamal Rziq, chaired a working meeting with representatives of the Professional Association of Banks and Financial Institutions, dedicated to discussing the concerns of economic operators, particularly regarding the banking localization processes related to import programs for the first half of the current year, in order to ensure the proper functioning of foreign trade and facilitate procedures for institutions. According to a statement from the relevant ministry, the meeting, held yesterday Monday at the ministry's headquarters, was attended by the General Commissioner of the Professional Association of Banks and Financial Institutions, Rachid Belaid, along with officials from the ministry and representatives from the banking sector. Read the full content on Echourouk Online.

Apr 14, 2026echoroukonline.com