Business law changes, compliance, and regulatory updates
The Ministry of Foreign Trade and Export Promotion, on Monday in a statement, provided clarifications regarding the requests for approval of the estimated import program, based on the official documents and data recorded through the digital platform, rejecting any 'misleading information' claiming to obstruct this program.
The institution specializes in the production of mineral water.
President Abdelmadjid Tebboune announces the opening of thorough investigations following the violent fires in Algeria. The criminal angle is mentioned.
Algeria - The Minister of Internal Trade and Regulation of the National Market, Amel Abdel Latif, chaired a coordination meeting on Saturday to monitor the supply situation of essential goods in the provinces affected by the recent fires, issuing instructions to ensure the continuity of supply of these goods and daily monitoring of stocks, according to a statement from the ministry.
'Housing Bank': Knowing the customer is an ongoing process, not a temporary one. 'National Bank' regularly updates files. 'CNAP Bank' generalizes verification procedures. Algerian banks continue to clarify the procedures of the 'Know Your Customer' system for their clients, after starting to audit the identities and files of customers and calling for the updating of personal and banking information. The process is no longer limited to collecting documents and completing files, but aims to ensure that banks have accurate and updated information about the customer's identity, personal and professional status, and the nature of their activity, which allows for enhancing the security of accounts and transactions and improving the quality of banking services. According to data received by 'Echorouk', several banking institutions have intensified awareness operations regarding this system.
The Ministry of Internal Trade intervened with full force to regulate the banana market and put an end to any price increases, as prices stabilized at a ceiling of 420 dinars per kilogram, with strict instructions for monitoring services to intervene against anyone offering the product at a higher price, leading to the confiscation of goods and legal actions. This intervention, according to related sources, is part of integrated efforts by the internal trade sector, which intensified monitoring operations across various stages of the banana distribution chain, starting from its entry into the national territory.
The Professional Association of Banks and Financial Institutions sent a letter to the heads and general managers of banks, containing new clarifications regarding the import files for its own account, related to management and equipment, for the first half of 2026, based on a letter issued by the Ministry of Foreign Trade and Export Promotion dated August 26. The letter, numbered 606/2026, specifies the validity periods for the estimated import programs related to management, clarifying the cases in which bank settlement procedures can continue after the specified period for these programs has ended. According to the document reviewed by 'Echorouk', the validity of the estimated import programs for management for the first half...
The Algerian government is accelerating compensation for victims of forest fires with a rigorous census.
Meta signs a $459 million agreement with 29 states to settle complaints related to the protection of young users.
A positive outcome for the first half and a bet on exempting startups from listing fees, with the establishment of the first venture capital investment company at 'University of Algiers 3' with 188 million dinars. Yusuf Bouzenada, head of the Committee for Organizing and Monitoring Stock Exchange Operations (COSOB), confirmed that the Algerian financial market has entered a new stage of development, based on continuing regulatory and institutional reforms, enhancing transparency and disclosure, as well as expanding the base of operators and companies eligible to access the stock exchange, allowing the market to play a larger role in mobilizing savings and financing the national economy. Bouzenada explained, in a statement to 'Echorouk', that the year 2026 was characterized by the continuation of the financial market development process, not only through indicators.
The Minister of Internal Trade and Regulation of the National Market, Amal Abdel Latif, directed today, Wednesday in the capital, to showcase and market school supplies at competitive prices. This came during a working meeting held by the minister with regional sector directors via remote visual conferencing, in the presence of central officials. According to the ministry's statement, the minister instructed trade directors to finalize the last preparations for launching commercial events to showcase and market school supplies.
The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, and the Minister of Energy and Renewable Energies, Mourad Adjoul, held a coordinating meeting today, Wednesday, dedicated to discussing the management of the demand of major gas consumers at the national level, according to a statement from the Ministry of Energy.