Back

Egyptian 'El Sewedy Electric' Plans to Launch New Investments in Algeria

May 19, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Egyptian 'El Sewedy Electric' Plans to Launch New Investments in Algeria

The Egyptian company 'El Sewedy Electric' announced on Tuesday that it plans to inject new investments in Algeria worth up to $1.3 billion, as part of its plans to expand its investments in the country into the housing, tourism, and agriculture sectors. These investments, according to what was reported by the specialized channel 'Al Sharq' from the general manager of 'El Sewedy Electric Algeria' Mustafa Awad Al-Halwani, will be added to the $3 billion that the company pledged under two agreements signed during the African intra-trade fair in September 2025. Watch the full content on Echourouk Online.

Share on social media

Related Articles

Air Algérie Adjusts Flight Times Between Algiers and Timimoun

Air Algérie Adjusts Flight Times Between Algiers and Timimoun

Air Algérie announced the adjustment of flight times for two flights between Algiers and Timimoun, scheduled for October 29 and November 2, due to the temporary closure of Timimoun Airport during the original flight times, according to a statement from the company. The statement clarified that flight AH6156 from Algiers to Timimoun will depart at 20:00, arriving at its destination at 21:30, while flight AH6157 from Timimoun to Algiers will depart at 22:30, arriving in Algiers at midnight, at 00:00. View the full content on Echourouk Online.

Oct 28, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.