credit guarantees increased to 31 billion DA in 2022

2023-06-03 17:30:00 ALGIERS – The Guarantee Fund for SME investment credits (CGCI PME) granted guarantees in 2022, excluding the agricultural sector, for more than 31 billion dinars (DA billion) of loans, against 20 billion DA in 2021, indicated the director general of this institution, Samir Medjkane. “For the 2022 financial year, the fund guaranteed 505 … Read more

9th edition of the African Investment and Trade Forum on May 16 and 17 in Algiers

ALGIERS – The Chief Executive Officer (CEO) of the Arab-African Center for Investment and Development (CAAID), Amine Boutalbi announced the organization, on May 16 and 17 at the Sheraton Hotel (Algiers), of the 9th edition of the African Forum on Investment and Trade, under the theme “The African Gateway to Industry, Agriculture and Trade”. In … Read more

China continues to welcome American companies

China has not changed its stance on developing a healthy, stable and constructive relationship with the United States, but the current ties remain frosty, the State Councilor and Foreign Minister said last Saturday. , Qin Gang, during a meeting in Beijing with a delegation from the United States representing friendly organizations and the American business … Read more

Minister Alex Contreras: “A shock is coming to eliminate mining permits” | Economy

Minister Alex Contreras expressed his concern about the international image of Peru as a mining destination. Photo: MEF The Minister of Economy and Finance, Alex Contrerasinformed that the Peruvian Government will seek to expedite and reduce procedures for mining exploration and exploitation, according to the conclusions obtained during the most important mining convention in the … Read more

Exiled Chinese billionaire Guo Wengui arrested for financial fraud in New York

From his gilded exile in Manhattan, he presented himself as a fierce opponent of the Chinese regime, ready to ally himself with the sulphurous Steve Bannon. Billionaire Guo Wengui was arrested in New York on Wednesday, accused of defrauding thousands of investors to enrich himself. Hunted by China, where he is accused of financial fraud, … Read more

Avenues for boosting investment growth

While public investment has risen sharply, private investment (including FDI) has fallen. New measures must be put in place to restore growth. >> The Prime Minister stresses the importance of public investments >> A new flow of foreign direct investment expected in 2023 >> Hanoi applies synchronous mechanisms and policies to attract foreign investment To … Read more

International Congress of Health and Wellness Tourism returns to the DR

Dr. Alejandro Cambiaso, president of the Dominican Association of Health Tourism (ADTS), and Amelia Reyes Mora, president of AF Comunicación Estratégica, announced the celebration of the main medical tourism event in Central America and the Caribbean: the VI International Congress of Health and Wellness Tourism. To be held on November 1 and 2, 2023, at … Read more

The new investment law, a real achievement for integrated and sustainable development

BECHAR – The new investment law is a “real achievement” for integrated and sustainable development, said Saturday in Bechar, speakers at an information day, organized at the initiative of the Algerian Investors Forum (FDIA ). The provisions of this law, in addition to reflecting a “genuine desire” for the establishment of a business climate encouraging … Read more