Investment & FDI

Foreign direct investment, capital flows, and investment climate

Showing 409–420 of 1,675 articles
Banking & Finance
Local Development Bank Proposes Dividend Distribution of 107 Dinars to Its Shareholders

Local Development Bank Proposes Dividend Distribution of 107 Dinars to Its Shareholders

The Local Development Bank recorded positive financial results during the fiscal year 2025, as the Board of Directors proposed a dividend distribution of 107 Dinars per share, following a net profit of 27.3 billion Dinars, an increase of 19.16 percent compared to the previous year, reflecting improved profitability levels and the continued upward performance of the banking institution. According to a statement from the Local Development Bank, which 'Echorouk' received a copy of, the bank's Board of Directors held its meeting on May 16, 2026, chaired by the Chairman of the Board, to study and approve the social accounts for the fiscal year ending December 31, 2025, where the recorded results showed the bank's continued achievement of positive financial and commercial performances that reflect the strength...

May 24, 2026echoroukonline.com
Energy & Hydrocarbons
From Oil to Electricity: Algeria Redefines Its Energy Influence in Africa

From Oil to Electricity: Algeria Redefines Its Energy Influence in Africa

Figures and movements in Algeria's energy sector reveal a notable expansion of Algerian influence within the African continent, through a cooperation network that includes Egypt, Libya, Ivory Coast, Mozambique, Niger, Chad, and Mauritania, supported by oil, gas, and electricity projects that go beyond traditional trade exchanges towards long-term production and investment partnerships. According to a report from the specialized energy platform, a contract for the development of the Hassi Bir Rekaiz field has been signed with investments nearing one billion dollars, which includes the establishment of a central processing unit with a capacity of 31,500 barrels per day, along with facilities for processing gas and produced water, in a move that reflects the expansion of Algerian partnerships in production projects within the continent.

May 24, 2026echoroukonline.com
Investment & FDI
Investments of 200 billion DZD and 6200 jobs.. Launch of 7 new industrial units in Mostaganem

Investments of 200 billion DZD and 6200 jobs.. Launch of 7 new industrial units in Mostaganem

The Director General of the Algerian Investment Promotion Agency, Omar Rakash, oversaw the laying of the foundation stone for the construction of seven new industrial units in the industrial zones 'Bordj 1' and 'Bordj 2', as part of investment projects with a total value of nearly 200 billion DZD, expected to provide more than 6200 direct jobs, in a move aimed at enhancing economic activity and supporting productive investment. Rakash revealed yesterday, Saturday, that the agency has distributed to date 29 land plots across the two industrial zones with a total area of nearly 180 hectares, benefiting investment projects, some of which have entered the actual construction phase, while others have reached advanced stages of work, alongside the continued reception of requests...

May 24, 2026echoroukonline.com
Manufacturing & Industry
Laying the foundation stone for the construction of 7 industrial units in the industrial zones of Berja 1 and 2

Laying the foundation stone for the construction of 7 industrial units in the industrial zones of Berja 1 and 2

Mostaganem - The Director General of the Algerian Investment Promotion Agency, Omar Rakach, oversaw the laying of the foundation stone for the construction of seven new industrial units in the industrial zones of 'Berja 1' and 'Berja 2' in the west of Mostaganem province, in a move aimed at enhancing economic dynamics and supporting productive investment in the region.

May 24, 2026aps.dz
Energy & Hydrocarbons
Italian 'Saipem' Returns to Algeria After 16 Years

Italian 'Saipem' Returns to Algeria After 16 Years

The Italian company 'Saipem', specialized in engineering, construction, and services related to the energy sector, has officially marked its return to the Algerian market through the industrial unit of the integrated phosphate project in the eastern region of the country, after an absence of more than 16 years due to a series of corruption scandals related to contracts it obtained in 2008. The official announcement of the Italian company's return was revealed through the financial statement for the year 2025, dated April 2026, which 'Echorouk' obtained a copy of, confirming the actual start of engineering works for the project in favor of 'SONATRACH', as part of the initial studies and technical designs for the anticipated industrial complex.

May 23, 2026echoroukonline.com
Tourism & Hospitality
Growing Investment Dynamics in the Algerian Tourism Sector

Growing Investment Dynamics in the Algerian Tourism Sector

The new legal framework for investment has contributed to a noticeable dynamism in the tourism sector in Algeria, with 280 new investment projects recorded in the sector. The Director General of the Algerian Investment Promotion Agency, Omar Rakach, stated today, Saturday, in Mostaganem, that the tourism sector has been experiencing growing investment dynamics since November 2022, reflecting a gradual shift in investors' orientations towards tourism as a sector...

May 23, 2026al24news.dz