Latest updates from the Algerian business ecosystem
Jijel - The Director General of the National Agency for Microcredit Management, Souad Ben Jamil, oversaw the launch of the national awareness caravan '1800 Minutes of Empowerment' today, Sunday, from the Wilaya of Jijel.
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Naama - A tender for the import of 3.5 million rubber tires for vehicles will be launched 'soon', according to what was announced today, Sunday in Naama, by the CEO of the National Company for Marketing and Distribution of Petroleum Products 'Naftal', Jamal Cherdoud.
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Algeria - The President of the Algerian Economic Renewal Council, Kamel Moula, received today, Sunday, in Algiers, a delegation from the Republic of Bosnia and Herzegovina, led by the Director General of the Bosnian Agency for the Promotion of Foreign Investments, Marko Kovatlija. During the meeting, ways to enhance economic relations and expand bilateral partnerships in various fields were discussed, according to a statement from the council.
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The Minister of Pharmaceutical Industry, Wassim Gouidri, received on Sunday, June 21, at the ministry's headquarters, the Deputy CEO of the German pharmaceutical company 'Bayer', Mildred Ndata Beta. According to a statement from the ministry, the meeting was an opportunity to review the level of existing cooperation between Algeria and Germany in the field of pharmaceutical industry through the 'Bayer Algérie' branch, and to discuss ways to enhance and develop the partnership aimed at 'ensuring health sovereignty.'
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Emphasis on the progressive tariff for tourist vehicles based on the number of departures daily. Mandatory pre-payment before crossing the land borders and refund in case of travel cancellation. The tax authorities, at the Ministry of Finance, have informed their various regional and local services about the methods of collecting the fuel consumption tax imposed on vehicles leaving the national territory, which includes tourist cars, utility vehicles, trucks, and buses heading abroad via land and sea crossings. It also clarified the tariffs applied to different categories of vehicles, the methods of paying this tax, and the entities responsible for collecting and monitoring it. The same authorities highlighted that the tax must be paid in advance before leaving the national territory.
echoroukonline.com
Including revenues from engineering, supply, and execution contracts within the tax base and standardizing the treatment regulates the relationship between local branches and the headquarters of foreign companies. The deductibility of internal expenses between the same entity is canceled. Algeria continues to update its tax system in line with modern international standards by establishing clearer rules for determining taxable profits for foreign companies operating in the national market. In this context, the Ministry of Finance has approved a series of new clarifications aimed at enhancing tax transparency and establishing the principle of taxing profits actually realized within Algeria, ensuring clearer and fairer treatment for economic operators.
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Preparing to launch a tender for the import of 3.5 million tires.
elkhabar.com
The President of the Republic, Abdelmadjid Tebboune, sent his greetings and thanks to the Minister of Finance and the Governor of the Bank of Algeria, in particular, and to all the officials and workers in the finance sector.
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President Abdelmadjid Tebboune has ordered the acceleration of the launch of various workshops for the implementation of the railway project between Laghouat, Ghardaïa, and Menia, in its first phase.
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President Abdelmadjid Tebboune issued instructions today, Sunday, to establish an Algerian-Chinese company specializing in cleaning all Algerian ports from east to west, immediately after the completion of the expansion project of the port of Annaba. These instructions came before the conclusion of the cabinet meeting he chaired today, in anticipation of the port of Annaba entering the phase of exporting Algerian phosphate abroad after the completion of the railway line.
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Economy DZA aliqtissad dz Algeria economy news
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Economy DZD aliqtissad dz Algeria economy news
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