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Arqab highlights Algeria's efforts to develop its resources and attract international investments

October 12, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Arqab highlights Algeria's efforts to develop its resources and attract international investments

The Minister of State, Minister of Hydrocarbons, Mohamed Arqab, stated this Monday in Riyadh (Kingdom of Saudi Arabia) that global demand for oil and gas will continue to grow over the coming decades, driven by demographic growth, economic development, urban expansion, and manufacturing, especially in emerging economies, highlighting Algeria's efforts to develop its hydrocarbon resources and enhance its infrastructure to attract international investments, particularly through the 'Algeria Bid Round 2026', according to a statement from the ministry.

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The province of Blida welcomed 57,122 Algerian tourists and 5,500 foreign tourists by the end of August 2026, while the province includes 20 tourism investment projects with a total capacity of 2,023 beds, according to data presented during the working and inspection visit by the Minister of Tourism and Traditional Industry, Houria Medahi, on Monday. The visit is part of monitoring the reality of the tourism sector and investment projects, and examining ways to enhance the natural, historical, and artisanal qualifications that the province boasts, known for its mountainous, environmental, and thermal diversity, especially in the Chrea National Park and the regions of Chiffa and Hammam Melouane. Watch the full content on Echourouk Online.

Oct 12, 2026echoroukonline.com

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