Business law changes, compliance, and regulatory updates
Algeria - The Minister of Energy and Renewable Energies, Mourad Ajal, chaired a meeting on Monday dedicated to studying and monitoring the level of connection of educational institutions, universities, and vocational training institutes to the electricity and gas networks, where he issued a series of instructions to ensure the connection of the relevant facilities, according to a statement from the ministry.
Algeria - The Minister of Pharmaceutical Industry, Wassim Guedri, today, Monday, in Algiers, discussed with the President of the National Union of Private Pharmacists (SNAPO), Sami Tirach, several concerns related to supplying the national market with medicines, particularly the mechanisms for their distribution and ensuring their regular availability through pharmacies.
Algeria - SONATRACH and Italian 'ENI' signed a memorandum of understanding today, Monday, in Algiers, regarding the reduction of greenhouse gas emissions in Algeria based on the best international practices adopted in the oil and gas sector, according to a statement from the company.
SONATRACH and the Italian Eni signed a memorandum of understanding today, Monday, in Algiers, regarding the reduction of greenhouse gas emissions in Algeria.
SONATRACH and the Italian company Eni have signed a memorandum of understanding aimed at identifying and enhancing concrete opportunities and initiatives for decarbonizing the oil and gas sector in Algeria, and reducing greenhouse gas emissions, including methane emissions. This protocol is part of the ongoing cooperation between the two parties, and complements the work and procedures launched under the memorandum of understanding signed in 2023, which related to technological cooperation in the field of reducing and valorizing flared gas, as well as developing techniques aimed at reducing emissions. Read the full content on Echourouk Online.
The Minister of Energy and Renewable Energies, Mourad Adjall, chaired a meeting today, Monday, dedicated to studying and monitoring the level of connection of educational institutions, universities, and vocational training institutes to the electricity and gas networks, where he issued a series of instructions to ensure the connection of the concerned facilities, according to a statement from the ministry. The statement clarified that, during his chairing of the works of the sectoral coordination committee meeting, in preparation for the new social entry 2026-2027, Mr. Adjall issued a series of instructions and directives aimed at ensuring the readiness of the concerned facilities and networks, ensuring the smooth operation of the upcoming social entry.
The protocol is part of the ongoing work carried out under the memorandum of understanding signed in 2023.
SONATRACH and Italian 'ENI' signed a memorandum of understanding today, Monday, in Algiers, regarding the reduction of greenhouse gas emissions in Algeria based on the best international practices adopted in the oil and gas sector, according to a statement from the company. The same source clarified that this agreement 'aims to identify and enhance concrete opportunities and initiatives aimed at decarbonizing the oil and gas sector, and reducing greenhouse gas emissions, including methane in Algeria.'
Islamic finance expert Sofiane Mazari decodes decision n° SGBV/01-26 of the Société de gestion de la Bourse des valeurs, which sets the trading rules for sukuk Ijara issued by the public treasury. He discusses the mechanism of this Sharia-compliant instrument, the financing formula provided by the 2025 finance law, and reviews six years of Islamic finance in Algeria.
The Banque extérieure d’Algérie (BEA) announced yesterday the launch of an investment credit dedicated to the acquisition of new buses, as part of the mandatory replacement of buses over 25 years old decided by the public authorities. This obligation follows a decision by the Council of Ministers on May 3, which set a three-month deadline for the withdrawal of the affected vehicles.
The Minister of Energy and Renewable Energies, Mourad Adjall, has instructed to accelerate the pace of files related to partnership and cooperation with both Niger and Côte d'Ivoire.
The Algiers Stock Exchange had no regulatory framework for trading Sukuk. The SGBV decision No. 01-26 fills this gap by establishing the very first framework for sovereign Ijara Sukuk.