Regulatory & Legal

Business law changes, compliance, and regulatory updates

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These are the conditions and procedures for obtaining international payment cards

These are the conditions and procedures for obtaining international payment cards

The process normally takes between 15 days to two months depending on the request. Banks expedite the issuance of 'Visa' cards within 48 hours thanks to stock availability. The procedure enhances the transparency of the travel allowance and expands the use of electronic payment methods. On Monday morning, bank agencies witnessed a significant influx of citizens immediately after the instructions of President Abdelmadjid Tebboune regarding the disbursement of the foreign travel allowance, estimated at €750, exclusively through bank cards. Most inquiries focused on how to obtain international payment cards, the conditions for opening accounts in hard currency, and the timelines for card issuance. Banking sources confirmed to 'Echorouk' that a large number of citizens, who had never previously...

Jul 13, 2026echoroukonline.com
Appointment of Abdelkader Cherfaoui as Acting President of the National Agency for the Valorization of Hydrocarbon Resources

Appointment of Abdelkader Cherfaoui as Acting President of the National Agency for the Valorization of Hydrocarbon Resources

On Monday, the Minister of State and Minister of Hydrocarbons, Mohamed Arkab, oversaw the inauguration ceremony of Abdelkader Cherfaoui as Acting President of the National Agency for the Valorization of Hydrocarbon Resources, succeeding his predecessor Samir Bakhti. The Minister of State confirmed in a speech delivered on this occasion that 'this appointment comes within the framework of the ongoing dynamics witnessed by the hydrocarbon sector, embodying the strategic vision of the President of the Republic.'

Jul 13, 2026echoroukonline.com
The Ministry of Interior Confirms with Certainty

The Ministry of Interior Confirms with Certainty

The Ministry of Interior, Local Communities, and Transport clarified, following discussions on social media regarding the unsuitability of red watermelon for consumption, that 'the results of the laboratory analyses conducted categorically deny the claims that have been circulated.'

Jul 13, 2026echaab.dz