Investment & FDI

Foreign direct investment, capital flows, and investment climate

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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
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
Launch of 280 investment projects in the tourism sector over the past three years

Launch of 280 investment projects in the tourism sector over the past three years

The Director General of the Algerian Agency for Investment Promotion, Omar Rakash, announced today, Saturday, May 23, in Mostaganem, that the agency has recorded a total of 280 investment projects in the tourism sector from November 1, 2022, to May 15 of this year, with declared investments exceeding 257.5 billion Algerian dinars, expecting to create more than 17,000 direct jobs, reflecting the growing interest in this sector as one of the promising investment areas, according to a statement from the agency. Rakash, during an informational day organized by Algerian television, also revealed the completion of preparations for the launch of several real estate opportunities aimed at tourism investment across several provinces of the country.

May 23, 2026echoroukonline.com
Naftal invests in the Republic of Niger by establishing three centers for filling butane gas cylinders

Naftal invests in the Republic of Niger by establishing three centers for filling butane gas cylinders

The CEO of Naftal, Jamal Cherdoud, chaired a working meeting the day before yesterday with the General Director of the Nigerien Petroleum Company SONIDEP, Ali Sibo Hassan, at the headquarters of the General Directorate, to discuss ways to enhance cooperation and partnership in the distribution and marketing of petroleum products, in the presence of a group of executives from both companies and a representative from SONATRACH, as part of a working visit by a ministerial delegation from Niger to Algeria.

May 23, 2026iqtissadalbalad.dz
German Report Praises Algeria's Path in Renewable Energies

German Report Praises Algeria's Path in Renewable Energies

A report issued by the German Agency for Trade and Investment confirmed that Algeria is accelerating its energy transition through structured projects in the fields of renewable energies and green hydrogen, aiming to reach a proven production capacity of 15 gigawatts of renewable energies by 2035, while strengthening its position as a strategic energy supplier for Europe. The report explained that Algeria, despite having large hydrocarbon reserves as the largest producer in the region, shows a 'steadfast will' to keep pace with the global shift towards clean energies, through the gradual implementation of major solar energy projects and the launch of extensive investment programs in the renewable energy sector. View the full content on الشروق أونلا...

May 23, 2026echoroukonline.com
Start of construction of 7 industrial units in Mostaganem

Start of construction of 7 industrial units in Mostaganem

The Director General of the Algerian Investment Promotion Agency, Omar Rakach, today Saturday, gave the signal to start the construction of seven new industrial units in Mostaganem. The seven projects are located in the two industrial zones 'Bordj 1' and 'Bordj 2' west of Mostaganem Province. The preparation rate of these two industrial zones has reached one hundred percent. This step aims to enhance economic dynamics and support productive investment in the region.

May 23, 2026radioalgerie.dz