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Showing 2,125–2,136 of 12,858 articles
Regulatory & Legal
Strict Regulatory Measures Against Banks Delayed in Localizing Export Operations

Strict Regulatory Measures Against Banks Delayed in Localizing Export Operations

The Bank of Algeria reminded licensed bank managers in a letter on Tuesday that all export operations for goods and services must be localized within a maximum of 48 hours from the date of receiving a complete file. Banks are required to prioritize export files by simplifying their internal processing pathways while ensuring strict adherence to the mentioned deadline, according to the central bank's memo. Read the full content on الشروق أونلاين.

Jul 28, 2026echoroukonline.com
Trade & Exports
Rzig discusses expanding the presence of Algerian products in the Austrian market

Rzig discusses expanding the presence of Algerian products in the Austrian market

The Minister of Foreign Trade and Export Promotion, Kamel Rzig, reviewed with the Ambassador of the Republic of Austria to Algeria, Wolfgang Spadinger, the reality of economic and trade cooperation relations between the two countries. According to what the ministry reported, the meeting, which took place on Tuesday, July 28, at the ministry's headquarters, allowed for discussions on ways to enhance economic relations between the two countries, particularly in the field of promoting trade exchanges and encouraging partnerships between Algerian and Austrian economic operators. View the full content on Echourouk Online.

Jul 28, 2026echoroukonline.com
Regulatory & Legal
Localization of all goods and services export operations within 48 hours

Localization of all goods and services export operations within 48 hours

The Bank of Algeria reminded in a letter to the directors of accredited banks on Tuesday that all goods and services export operations must be localized within a maximum period of 48 hours from the date of receiving a complete file. Banks are required to 'prioritize export files by simplifying their internal processing pathways while ensuring strict adherence to the mentioned deadline,' according to a memorandum from the central bank. The memorandum emphasized that 'any unjustified delay exposes the concerned bank to strict supervisory measures in accordance with the applicable regulatory provisions.' In addition to adhering to file processing deadlines, the Bank of Algeria stressed the need to 'enhance oversight in the field of foreign trade by ensuring the legality and compliance of the...

Jul 28, 2026echoroukonline.com
Banking & Finance
"Visa cards" at zero euros in competition among Algerian banks!

"Visa cards" at zero euros in competition among Algerian banks!

Contactless and secured cards focusing on deadlines and costs to attract customers. New formations and diversification between classic, gold, platinum, and signature cards. Algerian banks have entered an unprecedented race to attract travelers abroad, following the implementation of the new system to benefit from the tourist currency exchange right of 750 euros for adults and 300 euros for minors. They rushed to launch new international bank cards, offering unprecedented facilities, the most notable being the cancellation of the requirement to deposit amounts in hard currency, reducing card issuance deadlines, and expanding customer options between "Visa" and "MasterCard" cards. Banks are competing to attract the largest number of customers through promotional offers...

Jul 28, 2026echoroukonline.com
Sustainability & Green Economy
Desalination of seawater and water resource management: Libya interested in benefiting from Algeria's expertise

Desalination of seawater and water resource management: Libya interested in benefiting from Algeria's expertise

Libyan Minister of Water Resources, Mohamed Hosni Ouidan, confirmed today, Tuesday, his country's desire to benefit from Algeria's leading expertise. He emphasized Tripoli's aspiration to draw from the Algerian experience in seawater desalination and water resource management, and to enhance bilateral cooperation and exchange of expertise. This came during Ouidan's visit to the Fouka 2 seawater desalination plant in Tipaza Province, to learn about Algeria's experience in water desalination.

Jul 28, 2026radioalgerie.dz
Regulatory & Legal
Banks are required to localize export operations within a maximum of 48 hours

Banks are required to localize export operations within a maximum of 48 hours

The Bank of Algeria issued a memorandum today, Tuesday, directing banks to localize all export operations of goods and services within a maximum of 48 hours. This starts from the date of receiving a complete file, as part of the measures taken to promote and facilitate exports. The Bank of Algeria emphasized the need to strictly adhere to this deadline. It noted that 'any unjustified delay exposes the concerned bank to strict supervisory measures in accordance with the applicable regulatory provisions.'

Jul 28, 2026radioalgerie.dz

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