Economy

2023-06-29 02:00:00

Text: Tony

Nokia, which has focused on the mid-to-low-end mobile phone market in recent years, has just released a new generation of affordable 5G phone G42. This phone has a 3-day battery, QuickFix function and a 50-megapixel camera, which is also attractive.

The Nokia G42 5G has a 6.56″ HD+ resolution screen, and a 3.5mm headphone plug on the body to support up to 1TB MicroSD card expansion. In terms of specifications, it uses a Snapdragon 480+ 5G SoC, 6GB RAM, 128GB storage space, a 50-megapixel 3-lens main camera and runs native Android 13 system. 5000 mAh of power, it is reported that it is enough for home use for 3 days, and supports 20W fast charging function.

The Nokia G42 5G also supports the QuickFix function like the G22 announced earlier. Users can purchase and repair parts from the official, so as to replace the parts and repair the phone by themselves.

Nokia G42 5G also provides 2 years of Android system upgrades and 3 years of system security updates. The price in Europe is 249 Euros, which is equivalent to HK$2,128.

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#Nokia #G42 #hereWith #days #battery #life #QuickFix #function #million #pixel #camera

2023-06-28 14:45:43

Al Omrane is fully active. To this end, Fatima Ezzahra EL MANSOURI, Minister of National Territorial Development, Urbanism, Housing and City Policy chaired, Monday, June 26, 2023, a meeting of the Supervisory Board of the Group Al Omrane in the presence of the members of the Supervisory Board, or their representatives, as well as several managers of the Departments concerned.

The agenda concerned the examination of the Holding’s activity report for the year 2022 and the action plan for the year 2023.
In her opening speech, Mrs. Fatima Ezzahra EL MANSOURI, also Vice-Chairman of the Supervisory Board of Holding Al Omrane, declared: “This Board comes at an important moment in the life of this institution invested with the strategic mission of contributing active in the socio-economic development of the Kingdom as the armed wing of the State to carry the action of the Ministry in terms of urban planning, development and housing intended for categories of targeted populations”. And to add: “The Al Omrane Group is called upon to prepare to operate, in a competitive market, which requires being more attentive to the expectations of households in terms of quality and respect of deadlines”.

Indeed, this Council comes at an important time for the sector, which the government is ensuring to support and relaunch through several incentive measures. “The Group’s vision, guidelines and development prospects should be established in perfect alignment with the High Royal Guidelines and the government program aimed at consolidating the social State which guarantees the constitutional right to decent housing and ensures territorial development. sustainable and supportive,” the minister stressed.
As such, Fatima Ezzahra EL MANSOURI declared: “the Al Omrane group is called upon to further revitalize its action to improve its operational efficiency in order to guarantee the outcome of its current programs and projects under the best conditions. It is also called upon to revisit its strategy, its positioning and its action with the aim of defining new orientations and more ambitious development prospects and a business model reflecting the new vision of the group, in perfect alignment with the orientations of the supervisory Ministry. resulting from the National Dialogue on Housing and Urban Planning”.

In addition, the Minister insisted on the success of this national project, while calling for public action to be inscribed in perfect alignment of the actors on all the orientations which place the citizen at the heart of public policies, and advocate integrated and convergent actions by all stakeholders.
The Board then examined the achievements of the Al Omrane Group for the year 2022 and its action plan for the year 2023 as well as the outline of the three-year plan 2024-2026.
To this end, in 2022 the Group achieved a turnover of 4.34 billion dirhams and was able to mobilize an investment of 4.85 billion dirhams, thus enabling the construction of 13,905 units and the completion of 19,782 on its own. and through partnerships. At the level of urban restructuring and upgrading activities, the works benefited 76,301 families at the level of completions and 59,161 families for construction starts.

Regarding the Action Plan for the year 2023, the Group forecasts a turnover of 4.21 billion Dirhams, and investments which should reach 4.37 billion Dirhams. These will allow the programming of the construction of 14,723 new production units in-house and with partners and 60,123 urban upgrading units. For completion, 22,264 new production units will be produced and 71,103 urban upgrading units.

In view of the indicators presented, the Supervisory Board urged the Group to embark on a new trajectory, in particular by rethinking its economic model and consolidating its position as a major player with a national dimension and strong regional and territorial roots. , to perfect its instruments and intervention processes, to contribute to enhancing the quality of the ecosystem in connection with its activities, to further revitalize its action to guarantee the outcome of its current programs and projects under the best conditions to ensure a rapid and effective recovery of its intervention system and to establish a relationship of transparency, quality and proximity, in particular with the citizen.
At the end of its work, the Supervisory Board, following discussion, validated the Group’s 2023 budgets and its action plan for 2023.
This meeting of the Supervisory Board was followed by the holding of the ordinary general meeting of the Al Omrane group.

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2023-06-27 19:00:05

ALGIERS – The monetary and banking law aimed at modernizing the banking system, strengthening its regulatory and control missions, and allowing it to be in tune with the methods in force at the international level, has been published in the Official Journal n 43.

This is Law N 23-09, of June 21, 2023, on the monetary and banking law, signed by the President of the Republic, Mr. Abdelmadjid Tebboune.

The text of the law concerns several novelties, including the strengthening of the governance of the Bank of Algeria (BA), via several aspects, in particular the system of mandate for the exercise of the function of Governor and vice-governors of the BA, as well as the extension of the prerogatives conferred on the Money and Credit Council (CMC), and also the creation of a national commission responsible for setting up a draft national strategy for the development of means of payment.

In terms of strengthening monitoring and control mechanisms, the text proposes the creation of new committees, in particular that of financial stability, which will be responsible for macro-prudential control and crisis management, whose main mission is to develop an annual report to be submitted to the President of the Republic.

On the other hand, the new text consecrates, through several provisions, the development of Islamic financing and green finance, or the possibility of issuing a digital currency, which will be developed, issued, managed and controlled by the BA, and called central bank digital currency (Algerian Digital Dinar).

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#monetary #banking #law #published #Official #Journal

2023-06-28 16:21:07

The group, which employs 2,500 people, said it had been “impacted” by “social crises, the Covid-19 pandemic, the energy crisis and inflation” in a press release. GPE suffered a decline of 100 million euros in its turnover over the Covid period “due to the closure of stores during the pandemic”, a source familiar with the matter told AFP, according to which the figure turnover reached 275 million euros in 2022.

“Explosive costs” of electricity, rents and raw materials are also at fault, according to the press release. “The restructuring plan provides for the closure or sale of around fifty Sergent Major stores and a hundred at Du Pareil Au Même”, according to the same source.