Business law changes, compliance, and regulatory updates
Algeria - The National Company for Marketing and Distribution of Petroleum Products (Naftal) has called on fuel and liquefied petroleum gas transporters contracted with it to immediately resume the supply and distribution of products, warning of the possibility of terminating their contracts and legal action if the activity is not resumed.
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Economy DZD aliqtissad dz Algeria economy news
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The President of the National Council of the National Chamber of Accountants, Mohamed Yahiaoui, issued strict recommendations to all accountants at the beginning of this year, emphasizing the immediate and complete compliance with the standards of the Financial Action Task Force 'FATF' as a critical element in supporting Algeria's exit from the gray list. He also specified the national laws that must be adhered to, which are 4 legal texts and 12 executive decrees. Yahiaoui confirmed that the profession of accountant is no longer a neutral technical role, but has become a direct national defense line against money laundering and the financing of terrorism, placing a heavy legal and ethical responsibility on its holders to protect the national economy. Yahiaoui warned that compliance is no longer a professional option, but a necessity.
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Economy Dz aliqtissad dz Algeria economy news
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The economy of Algeria aliqtissad dz Algeria economic news
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The National Company for the Marketing and Distribution of Petroleum Products (Naftal) has urged fuel and liquefied petroleum gas carriers contracted with it to resume supply immediately. In a statement today, Saturday, Naftal warned of the possibility of terminating the carriers' contracts and pursuing them legally if they do not resume operations. In a letter addressed to these carriers, Naftal recorded a 'breach of contractual obligations.'
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Following their refusal to guarantee the supply of fuel and liquefied petroleum gas depots and the distribution of products since December 31, 2025.
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Algerian Post warned its customers today, Saturday, about 'suspicious pages' and 'fake offers', urging caution. This came in a statement from the mentioned institution on its official page on the 'Facebook' platform. Algerian Post advised avoiding clicking on suspicious links or pages promoting contests or fake offers. The institution warned against impersonation of the organization across various social media platforms.
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Economy DZD aliqtissad dz Algeria economy news
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The Bank of Algeria capped the interest rates on loans applied during the first half of 2026, according to a directive issued on December 30, 2025, which included various categories of bank loans. A comparison with the second half of 2025 showed a decrease in interest rates in the categories of overdrafts, consumer loans, short, medium, and long-term loans, as well as financial leasing. According to a directive issued by the Bank of Algeria on December 30, 2025, which was reviewed by Echourouk, the General Directorate of Credit and Banking Regulation set the ceilings for excessive interest rates applied for the first half of 2026, for various categories of loans provided by banks and financial institutions. The measure includes overdrafts...
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Economy DZD aliqtissad dz Algeria Economy News
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The Ministry of Energy and Mines confirmed that the adjustment of fuel prices, which came into effect on January 1, aims to ensure
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