The Chairman of the National Committee for Innovation and Business Incubators at the Ministry of Higher Education and Scientific Research, Professor Ahmed Meir, announced today, Sunday, the official launch of the first fund for managing venture capital investment funds in Algeria, in a move aimed at supporting the establishment of 20,000 startups, as part of an approach that enhances the economic role of the university. Professor Meir stated during his appearance as a guest on the 'Morning Guest' program on the first radio channel that the official unveiling of the fund will be tomorrow, Monday, during a celebration hosted by the Faculty of Media, initiated by the University of Algiers 3 and three affiliated institutions, in the presence of the Ministers of Higher Education and Finance, along with economic actors and social partners.
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria and Saudi Arabia explored ways to develop financial markets and enhance innovation and financial services during meetings that brought together stakeholders in the Algerian financial market and representatives from the Saudi Financial Market Authority, as part of the work of the Trade and Economy Committee stemming from the Algerian-Saudi High Coordination Council. The meetings were held at the headquarters of the Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) and via videoconferencing, providing an opportunity to exchange experiences and practices in several areas related to the development of financial markets. Read the full content on Echourouk Online.
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