Business law changes, compliance, and regulatory updates
On Thursday, October 8, the first official trading operation for contribution bonds, one of the Islamic financing tools for institutions, launched at the Algerian Stock Exchange, for the company 'Rolaxci', aimed at professional and institutional investors. View the full content on Echourouk Online.
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Sidi Bel Abbès - The National Company for Electronic Industries in Sidi Bel Abbès has received an accreditation decision issued by the Algerian Accreditation Authority "ALGERAC" in the field of electrical calibration activities, valid for three years, according to information received today, Thursday, from the officials of this public institution.
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Today, Thursday, the government listened to a presentation on the status of the national tool for detecting, measuring, and reducing methane emissions. The Prime Minister's office reported in a statement.
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Today, Thursday, Prime Minister Saïfi Ghrib chaired a government meeting dedicated to studying and following up on several files related to economic, environmental, and electoral matters, alongside infrastructure projects and enhancing the capabilities of the health sector. According to a statement from the Prime Minister's office, at the beginning of the meeting, the government reviewed the preliminary draft law concerning the budget settlement law for the year 2024, in preparation for its presentation to the Council of Ministers, in accordance with the provisions of the constitution and the organic law related to finance laws. Watch the full content on Echourouk Online.
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Naftal has warned citizens against dealing with unofficial websites and platforms impersonating the company, urging caution and vigilance. The company confirmed on Thursday in a statement that Naftal never requests bank card information through its official platform, emphasizing the need to verify the website address before entering any personal or financial information. View the full content on Echourouk Online.
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The Algerian Post and the External Bank of Algeria (BEA) have signed a framework agreement to enhance cooperation between the two institutions and develop new financial services, particularly in the field of Islamic banking, through the adoption of the 'Murabaha' formula. The agreement aims to provide financial solutions that meet the needs of citizens and beneficiaries, as well as to enhance integration and exchange of expertise between the two institutions and keep pace with developments in the financial and banking sector. Read the full content on Echourouk Online.
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Algerian ports have begun to expand the implementation of digital procedures as part of the modernization and digitization of port services, aiming to reduce paperwork, facilitate information exchange, and improve the flow of operations among various stakeholders in port activities. This direction has led the Skikda Port Authority to emphasize the mandatory use of the electronic 'Delivery Receipt' service in the relevant operations. According to a letter from the Skikda Port Authority, which was reviewed by 'Echorouk', numbered '2026/2750' and dated September 30, 2026, the authority has instructed shipping agents to regularly and mandatorily use the 'Delivery Receipt' unit via the digital platform of the Algerian port community.
echoroukonline.com
The Hydrocarbons Regulatory Authority is preparing to launch a new data center in November, following the completion of the testing phase, aimed at enhancing the collection, processing, and analysis of data related to various activities in the hydrocarbons sector, and developing the authority's capabilities in monitoring and following up on operators' activities. The Chairman of the Hydrocarbons Regulatory Authority, Amine Ramini, stated that the new data center will enable the authority to elevate the level of data processing and utilization to cover the entire value chain in the hydrocarbons sector, starting from upstream oil and gas activities to the distribution of petroleum products. Watch the full content on Echourouk Online.
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Enhancing public investment, continuing social support, and opening new financial positions.
elkhabar.com
The Director General of Algerian Customs, Major General Abdel Hafiz Bekhouch, participated in the 173rd session of the Global Forum on Customs Issues Related to Transport, including the facilitation of border crossing (WP.30), which opened its works this Wednesday in Geneva. The discussions of this session address key issues related to the implementation of international agreements overseen by the forum, primarily the TIR Convention and the 1982 Agreement on Coordinated Control of Goods at Borders, in addition to topics on digitization, exchange of customs data, and facilitation of goods movement across borders.
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Minister Farid Kourtel unveils the industrial land strategy: 729 zones identified, AAPI controls, and land development.
ecotimesdz.comThe Hydrocarbons Regulatory Authority is preparing to enter a new phase in its digital transformation journey, with the imminent launch of a new data center aimed at enhancing operations.
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