Regulatory & Legal

Business law changes, compliance, and regulatory updates

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Algeria Leads the Investment Scene in Global Oil Deals During April 2026

Algeria Leads the Investment Scene in Global Oil Deals During April 2026

The energy sector in Algeria is at the forefront of global oil deals during April 2026, following the granting of a new exploration license to the British oil company 'BP' in the Eastern Basin, a move that reflects the growing attractiveness of investment in the country and the expansion of untapped hydrocarbon opportunities, estimated to cover more than 1.7 million square kilometers. According to the monthly report prepared by the specialized energy platform, the new license allows 'BP' to carry out exploratory work including geological surveys and technical studies without immediately transitioning to the drilling phase, enabling a precise assessment of oil and gas potential, as part of Algeria's efforts to reactivate exploration activities and attract global companies...

May 4, 2026echoroukonline.com
Bank of Algeria Issues Instruction Defining Customer Due Diligence (KYC) Procedures

Bank of Algeria Issues Instruction Defining Customer Due Diligence (KYC) Procedures

The Bank of Algeria has issued a new instruction defining the Customer Due Diligence (KYC) procedures applicable to banks and financial institutions as well as the financial services of Algeria Post. Instruction No. 04-2026, dated April 30, 2026, signed by the Governor of the Bank of Algeria, Mohamed Lamine Labo, is in implementation of the provisions of Regulation No. 24-03 dated July 24, 2024, concerning the prevention of money laundering and the fight against the financing of terrorism and the proliferation of weapons of mass destruction, as amended.

May 4, 2026radioalgerie.dz
New Executive Decrees to Enhance the One-Stop Shop and Simplify Investment in Algeria

New Executive Decrees to Enhance the One-Stop Shop and Simplify Investment in Algeria

Three new executive decrees aimed at facilitating investment procedures were issued in issue 31 of the official journal, by expanding the powers of the one-stop shop, simplifying access to economic property, and reorganizing the National Investment Council, in a move aimed at improving the business climate and enhancing the attractiveness of the economy, according to the Algerian Agency for Investment Promotion. This new regulatory framework aims to better support investors by simplifying and accelerating procedures, contributing to the pace of investment and creating a more favorable business environment, according to the agency's statement. Read the full content on Echourouk Online.

May 3, 2026echoroukonline.com
Surprise visit by the Minister of Water Resources to enhance the readiness of water facilities and improve services

Surprise visit by the Minister of Water Resources to enhance the readiness of water facilities and improve services

The Minister of Water Resources, Lounes Bouzegza, made a surprise visit to several facilities and centers in the sector in the capital to assess their readiness and ensure the continuity of drinking water supply and sanitation services, emphasizing the need for rapid intervention to repair faults and enhance regular maintenance. During his visit yesterday, Saturday, the minister stressed the necessity of providing all resources and means, including equipment and spare parts, in anticipation of any faults that may affect pumping facilities, ensuring the regular continuity of public service, and highlighting the importance of permanent readiness of various structures. Read the full content on Echourouk Online.

May 3, 2026echoroukonline.com
Campaign for Collecting Sacrificial Hides: Coordinating Meeting at the Ministry of Industry to Complete Final Preparations

Campaign for Collecting Sacrificial Hides: Coordinating Meeting at the Ministry of Industry to Complete Final Preparations

The Ministry of Industry held a broad sectoral coordinating meeting today, Sunday, at its headquarters, dedicated to completing the final arrangements related to the national campaign for collecting the hides and wool of Eid al-Adha sacrifices, with the aim of mobilizing various stakeholders in preparation for the launch of the final phase of preparations, according to a statement from the ministry. The same source clarified that the joint national sectoral committee, led by the Ministry of Industry, is responsible for organizing this campaign in implementation of the directives of the Prime Minister, Mr. Saifi Gharib.

May 3, 2026radioalgerie.dz
Executive decrees to enhance the one-stop shop and facilitate investment issued in the official gazette

Executive decrees to enhance the one-stop shop and facilitate investment issued in the official gazette

Algeria - Three executive decrees aimed at facilitating investment procedures in Algeria were published in issue 31 of the official gazette, by expanding the powers of the one-stop shop, simplifying the procedures for obtaining economic property, and redefining the composition of the National Investment Council, as part of enhancing the business climate, according to a statement from the Algerian Agency for Investment Promotion today, Saturday.

May 2, 2026aps.dz