Business law changes, compliance, and regulatory updates
Mr. Lounes Bouzguza, Minister of Water, continues his inspection visit to Ain Salah Province today, Friday, June 19, 2026. At the headquarters of the production and major transformations unit in Ain Salah - Tamanrasset.
SONELGAZ has approved a series of new exceptional measures and facilitative procedures related to the collection of invoice dues and ensuring the continuity of energy supply, in a clear sequence that takes into account the interests of the citizen.
The General Directorate of Taxes announced the exceptional opening of the tax collection office of the Directorate of Large Enterprises tomorrow Saturday, aimed at enabling taxpayers to complete their tax procedures.
The General Directorate of Taxes announced the exceptional opening of the tax collection office affiliated with the Directorate of Major Enterprises tomorrow Saturday. The directorate's statement clarified that the office will receive tax officials from the Directorate of Major Enterprises from 9 AM to 4 PM, allowing them to complete various procedures and operations related to their tax obligations. View the full content on Echourouk Online.
During a meeting of the Organisation for Economic Co-operation and Development in Paris
On Friday, Algeria was removed from the gray list of the Financial Action Task Force (FATF) during a meeting of the Organisation for Economic Co-operation and Development in Paris.
On the occasion of the arrival of the Hijri year 1448, the Ministry of Religious Affairs and Endowments announced on Thursday evening in a statement that the zakat threshold for the past Hijri year was estimated at 2,295,000 dinars, 229.5 million centimes. The mentioned amount represents the value of 20 gold dinars, or the equivalent of 85 grams of the yellow metal, which was set at the beginning of this Hijri year by the National Agency for the Transformation and Distribution of Gold and Precious Metals (AGENOR) at 27,000 dinars (18-carat). View the full content on Echourouk Online.
Algeria - The National Insurance Company announced in a statement today, Thursday, that it has obtained two global accreditation certificates and renewed the compliance certificate 'ISO 9001:2015', expanding its scope, so that the Quality Management System (QMS) is now comprehensive for all the company's structures and its commercial network at the national level.
The 'Bank of Algeria' is behind the adoption of the new system to bring banking services closer to customers, reducing 4 hours on Thursday and reorganizing work to ensure compliance with the legal working hours. Bank branches and financial institutions in Algeria will start operating on Saturday from July 10, 2026, according to a weekly duty system that extends from 9 AM to noon, in implementation of instructions issued by the Bank of Algeria aimed at improving customer access to banking services. The measure includes various banking institutions across the country, with a reorganization of the working hours of the employees involved in the duty to ensure compliance with the legal working hours. This decision comes as part of enhancing the continuity of banking services...
The Professional Association of Banks and Financial Institutions (ABAF) informed its executive directors, in an official correspondence numbered 448/2026 dated June 17, 2026, in Algiers, of the necessity to start organizing banking services on Saturday from 09:00 to 12:00 for the benefit of customers. The correspondence, addressed to 'the general managers of banks', which has the subject: 'Regarding the implementation of Saturday services', and refers to a previous correspondence numbered 179/2026 dated 15/06/2026, stated that the association received a letter from the Bank of Algeria as part of improving citizens' access to banking services and facilitating their financial transactions. Read the full content on Echourouk Online.
NOTICE OF CONSULTATION N°05/APS/2026
Algeria - The President of the Committee for Organizing and Monitoring Stock Exchange Operations (COSOB), Youssef Bouzenada, discussed in Cairo with the President of the Egyptian Financial Supervisory Authority, Islam Azzam, ways to enhance mutual cooperation between the two parties, particularly through the exchange of expertise in financial markets and non-banking finance, according to a statement from the committee today, Thursday.