Investment & FDI

Foreign direct investment, capital flows, and investment climate

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New Algerian Majority on the Board of Directors of the SONATRACH Refinery in Italy

New Algerian Majority on the Board of Directors of the SONATRACH Refinery in Italy

Recent changes to the board of directors of the Augusta refinery in Italy, owned by the national oil company SONATRACH, have once again resulted in an Algerian majority in this important body of the company, with Miloud Amara being re-elected as president, coinciding with a new strategy for the company to conduct field monitoring of various facilities spread across Italy by the board of directors. In this context, the general assembly of shareholders approved the appointment of a new board of directors for the SONATRACH refinery in Italy, which includes, alongside Miloud Amara as re-elected president, 5 Algerian members: Salima Abdoun, Ismail Ould Ali, Abdelghani Hamouch, Nassima Hadash, as well as Rosario Pistorio, who is considered Italian...

Feb 14, 2026echoroukonline.com
New Tourist Projects and Hotel Units in the Heart of Bejaia

New Tourist Projects and Hotel Units in the Heart of Bejaia

The Minister of Tourism and Traditional Industry, Houria Medahi, began today, Saturday, a working visit to monitor the progress of tourism development projects, where she inspected the modernization and rehabilitation works of a public tourism unit, and reviewed the progress of several tourism units belonging to the private sector. She also oversaw the inauguration of new hotel units and visited a traditional industry and crafts exhibition, as part of enhancing the tourism offer and supporting investment in the sector. According to a statement from the relevant ministry, the visit included monitoring various projects aimed at developing tourism infrastructure and improving services, in the presence of the minister's accompanying delegation, where she was received by the governor of the province, the president of the provincial people's council, and several members of both chambers of parliament.

Feb 14, 2026echoroukonline.com
Large industrial hub to enhance the valorization of Gara Djebilet iron ore

Large industrial hub to enhance the valorization of Gara Djebilet iron ore

The Gara Djebilet mine exploitation project is heading towards a new industrial phase with the launch of a large industrial hub located in the industrial area of Tumiat in Béchar, covering an area of 1,477.74 hectares with potential for expansion, aimed at supporting the valorization of iron ore and enhancing iron and steel production capacities as part of a strategy to develop the mining and industrial sector, according to Algerian radio citing provincial authorities. The project is part of a plan to transform the area into a specialized industrial center, where President Abdelmadjid Tebboune oversaw the laying of the foundation stone for a facility to produce iron ore concentrates and pellets during a work and inspection visit in April 2025, allowing for the establishment of an industrial base capable of playing a strategic role in the valorization of mining resources and supporting...

Feb 14, 2026echoroukonline.com
New industrial hub to enhance the valorization of Gara Djebilet iron ore

New industrial hub to enhance the valorization of Gara Djebilet iron ore

The Gara Djebilet mine exploitation project is heading towards a new industrial phase with the launch of a large industrial hub located in the industrial area of Tumiat in Béchar, covering an area of 1,477.74 hectares with the potential for expansion, aimed at supporting the valorization of iron ore and enhancing iron and steel production capacities as part of a strategy to develop the mining and industrial sector, according to Algerian radio citing provincial authorities. The project is part of a plan to transform the area into a specialized industrial center, where President Abdelmadjid Tebboune oversaw the laying of the foundation stone for a facility to produce iron ore concentrates and pellets during a working visit in April 2025, allowing for the establishment of an industrial base capable of playing a strategic role in valorizing mining resources and supporting...

Feb 14, 2026echoroukonline.com
Béjaïa: Ms. Medahi inaugurates several tourist facilities and inspects several investment projects

Béjaïa: Ms. Medahi inaugurates several tourist facilities and inspects several investment projects

The Minister of Tourism and Traditional Industry, Ms. Houria Medahi, on Saturday in Béjaïa, inaugurated several tourist facilities and inspected a number of investment projects in the sector across various municipalities. During a work and inspection visit to the province, accompanied by the Wali of Béjaïa Kamel Eddine Karbouche, Ms. Medahi oversaw the inauguration of three hotels in the municipalities of El Qsar and Béjaïa, in addition to laying the foundation stone for the expansion project of the Hammadi Hotel in Tichy, and inspecting several investment projects belonging to the private sector in the municipalities of Souk El Maïn and Melbou (eastern province).

Feb 14, 2026radioalgerie.dz
European Union: Cooperation Projects Under Preparation with Algeria for 2026 and 2027

European Union: Cooperation Projects Under Preparation with Algeria for 2026 and 2027

The Ambassador of the European Union Delegation to Algeria, Diego Milado, confirmed today, Saturday in the capital, cooperation projects under preparation with Algeria for 2026 and 2027. This came in a statement on the sidelines of the second edition of the 'Contemporary Art Appointment'. Milado highlighted the vitality of the Algeria-European partnership, noting that the two parties maintain 'excellent' relations.

Feb 14, 2026radioalgerie.dz