
Labo highlights investment opportunities in Algeria during Asian Development Bank meeting
The minister held bilateral discussions with several of his counterparts, particularly the Qatari and Saudi finance ministers.
Foreign direct investment, capital flows, and investment climate

The minister held bilateral discussions with several of his counterparts, particularly the Qatari and Saudi finance ministers.

From the revival in Kafra, Niger to the TSGP project, SONATRACH is accelerating its expansion in Africa with a win-win partnership model.

Algeria is preparing to welcome three major economic delegations from Germany, Italy, and Austria

The Spanish group Vicky Foods invests 19 million euros to double the capacity of its factory in Sig (Mascara) and create 100 jobs.

Egypt will host the first edition of the 'Africa Alamein' forum from October 2 to 4, with broad continental and international participation, including more than 20 heads of state and government, alongside officials and leaders of international and regional financial institutions and actors in various economic sectors, to discuss ways to enhance economic integration, trade, investment, and support for development and intra-African trade projects. The forum is organized in collaboration between the Egyptian government, the African Export-Import Bank (Afreximbank), and the African Union Development Agency (AUDA-NEPAD), and is expected to form a permanent African business forum held every two years, bringing together decision-makers and the private sector around growth priorities.

Inauguration of the GPI factory in Tissemsilt: 30,000 tons of plastic/year and an increase in Fiat's integration rate to over 30%.

Start of works in Bled El Hadba, Oued Keberit and Annaba: the mega phosphate project of $7 billion enters its active phase.

Algeria - The 'Africa El Alamein' Forum will be held in its first edition in the Egyptian city of El Alamein from October 2 to 4, with broad continental and international participation aimed at enhancing economic integration, trade, and investment, as well as contributing to the support of development projects and promoting intra-African trade.

Algeria is moving to expand its railway network to become one of the pillars of economic transformation and connect various regions of the country with production and wealth centers. In the midst of this process, a new economic reading raises the possibility of expanding cooperation with Russia to include a strategic sector that is not limited to transportation but is also related to logistical security, industrial development, and the exploitation of mineral resources. Read the full content on الشروق أونلاين.

The new approach adopted by the government in the automotive industry is attracting the interest of major manufacturers in Europe and the world.

From roads, facilities, ports, and investments to digital platforms, e-commerce, and artificial intelligence, China is outlining a new phase of the 'Silk Road' from Hangzhou, this time focused on digitization and connecting markets through cyberspace. Previously, cooperation related to the Belt and Road Initiative was largely based on infrastructure projects, investments, and traditional trade, but digital trade is becoming a new channel to connect producers with consumers and markets with companies, regardless of the distance between them. Algeria will be at the forefront of these developments in the upcoming phase, amid a growing economic and trade partnership with China, during which exchanges between the two countries recorded 15.25 billion...

The Saudi ambassador to Algeria, Abdullah bin Nasser Al-Basiri, praised the strength of Saudi-Algerian relations on Thursday. He stated that they are characterized by 'historical depth and brotherly closeness', noting Algeria's support for the Kingdom's bid to host 'Expo 2030' and the 2034 World Cup. In a speech delivered during a special ceremony for Saudi National Day, attended by several Algerian ministers and officials, Al-Basiri said that 'Saudi-Algerian relations are distinguished by historical depth and brotherly closeness.' Watch the full content on Echourouk Online.