AGP Executive Report
Last update: 6 hours agoAlgeria–Turkey Financial Case: Prosecutors in Algiers are seeking prison terms of up to 12 years in a currency-transfer and money-laundering case tied to a Turkish clothing importer and traders accused of renting commercial registrations. Diplomacy at UNGA: Foreign Minister Ahmed Attaf met US presidential adviser Massad Boulos on the sidelines of the UN General Assembly, discussing bilateral ties, regional crises, and agreeing to continue Western Sahara consultations. Banking Expansion: The Bank of Algeria authorized Djezzy Payment Services to become a payment service provider, paving the way for accounts, transfers and merchant services. Health Industry Move: Saidal restarted a solvent distillation unit in Médéa after 20 years, targeting local production of inputs used for penicillin manufacturing. Tourism Branding: Algeria launched the Elcazar Tlemcen hotel brand at a luxury property in Tlemcen, positioning it as the country’s first national hotel brand. AFCON Qualifier Build-up: Algeria’s squad completed final training ahead of the sold-out home opener vs Zambia in Tizi Ouzou, with kick-off set for 20:00 local time. Regional Security: Algeria severed diplomatic ties with the UAE, citing years-long geopolitical conflict.
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