
"Faderco" Promotes Algerian Industry in London
Aims to double its production of sanitary paper.

Today, Tuesday, in the capital, Minister of Industry, Fred Kurtel, discussed prospects for cooperation and partnership with representatives of General Motors. This came during Kurtel's reception of a delegation from the mentioned company headed by the Chairman and CEO of the company in Egypt and Africa, Rohan Fernandez. The meeting witnessed discussions between the two parties on ways to develop cooperation in the field of vehicle manufacturing and opportunities for establishing industrial partnerships in Algeria. Both sides addressed supporting the development of the national industrial fabric and enhancing local integration.

Aims to double its production of sanitary paper.

Exclusion of companies exceeding a turnover of 2 billion dinars during 2025, calculating 8% on the total tax increases, not just the rights. Voluntary settlement does not replace legal tax declarations. The General Directorate of Taxes has resolved several issues related to the application of the exceptional voluntary tax settlement system, clarifying the cases that can benefit from the unified exemption tax estimated at 8%, and those that remain subject to ordinary tax rules, emphasizing that full payment of this tax before December 31, 2026, will result in the cancellation of the tax assessment table issued following the work...

Algeria - The Director General of the Algerian Investment Promotion Agency, Omar Rakash, presented in Geneva (Switzerland) the investment opportunities offered by the Algerian economy during an information day dedicated to introducing the business climate in Algeria and attracting investors from the national community residing in Switzerland, as stated today, Wednesday, in a statement from the agency.
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