The Algeria Market Authority held the first meeting of its financial market one stop shop at its headquarters following a request from Pharma Invest Spa. The meeting was intended to simplify the company’s stock market listing process as part of the opening of its capital, and to guide it through the steps required for admission to the market. The session brought together the main members of the one stop shop, including the stock exchange management company, Algeria Clearing, brokerage intermediaries Credit Populaire d’Algérie and Tell Markets, Invest Market as the listing promoter, and Grant Thornton as the market valuation expert. Pharma Invest Spa, which operates in pharmaceutical distribution and manufacturing, has share capital of DZD 5.5 billion and five subsidiaries. The one stop shop was created on Nov. 23, 2024, at the second annual financial market conference to reduce timelines and simplify procedures for companies seeking a market listing.

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