Foreign direct investment, capital flows, and investment climate
The Director General of the Algerian Investment Promotion Agency, Omar Rakach, announced today, Saturday in Mostaganem, the registration of 280 new investment projects in the tourism sector since the new investment legal system came into effect.
radioalgerie.dz
The global automotive group Stellantis announced a massive investment plan exceeding $60 billion over five years, with the launch of around 60 new models for its various brands by 2030, as presented by the group during Investor Day in the United States under the slogan 'FaSTLAne 2030'. This plan aims to expand Stellantis operations in Algeria. The five-year plan for Stellantis was announced during Investor Day held on Thursday in Auburn Hills, near Detroit, Michigan, USA, where the group's CEO, Antonio Filosa, indicated that the plan focuses on accelerating the industrial transformation of the group through investment in global platforms.
echoroukonline.com
Algeria, the largest producer of hydrocarbons, is accelerating its energy transition through a series of structured projects in renewable energies and green hydrogen, with the ambition to strengthen its position as a strategic energy supplier for Europe, according to a report by the German Trade and Investment Agency. The report clarified that 'despite the importance of those hydrocarbon reserves (...), Algeria shows a firm will not to remain distant from the global development of clean energies,' emphasizing that this trend is particularly reflected in the gradual realization of major solar energy parks and through the launch of significant investment programs in renewable energies. The country also aims to reach a proven capacity of 15 ...
iqtissadalbalad.dzThe Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, announced the provision of more than 80,000 hectares for investors during the upcoming agricultural season in Ouargla. The minister clarified that reaching this area is linked to the completion of new investments related to agricultural electricity connections, after surpassing the cultivated areas of 9,000 hectares during the current year. This announcement came during the minister's supervision of the launch of the harvesting and threshing campaign for the 2025-2026 agricultural season in Ouargla. The speaker revealed that Ouargla has been enhanced with 9 grain storage centers, with a total capacity estimated at 450,000 quintals, averaging 50,000 quintals per center. The minister also pointed to the construction of a silo for storage...
iqtissadalbalad.dz
Ouargla - The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, announced today, Thursday, in the state of Ouargla, the provision of more than 80,000 hectares for investors during the upcoming agricultural season.
aps.dz
The CEO of Naftal, Jamal Cherdoud, chaired a working meeting with the General Director of the Nigerian Petroleum Company, Ali Sibo Hassan, to discuss ways to enhance cooperation and partnership in the distribution and marketing of petroleum products, according to the company. The meeting, held today Thursday, May 21, was attended by a group of executives from both companies as well as a representative from the SONATRACH group, as part of a working visit by a ministerial delegation from Niger to Algeria. Read the full content on Echourouk Online.
echoroukonline.com
Economy of Algeria news
iqtissadalbalad.dz
The Director General of the Algerian Agency for Investment Promotion, Omar Rakach, received today, Thursday, a delegation that includes representatives from several American think tanks who are on a working visit to Algeria to learn about the business climate and available investment opportunities, according to a statement from the agency. The delegation included the Senior Director of the Rafiq Hariri Center for the Middle East, William Wexler, Senior Advisor at the President's Office …
al24news.dz
The Director General of the Algerian Investment Promotion Agency, Omar Rakach, received a delegation comprising representatives from several American think tanks, who are on a working visit to Algeria to learn about the business climate and available investment opportunities, on Thursday, at the agency's headquarters.
echaab.dz
The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, announced today, Thursday, in Ouargla, the provision of more than 80,000 hectares for investors during the next agricultural season. Mr. Yassine Mahdi Walid explained on the sidelines of his supervision of the launch of the harvest and threshing campaign for the current agricultural season, during a work visit to the province, that 'this area is expected to be reached for the benefit of investors, provided that the new investments related to agricultural electricity connections are completed, after surpassing the cultivated areas of 9,000 hectares during the current year.'
radioalgerie.dz
Algeria - The Director General of the Algerian Investment Promotion Agency, Omar Rakash, received today, Wednesday, the Ethiopian Ambassador to Algeria, Mokhtar Mohamed Wari, where both sides discussed ways to enhance investment cooperation between the two countries, according to a statement from the agency.
aps.dzAlgeria - Energy and Renewable Energies Minister, Mourad Adjall, received a high-level delegation from the Republic of Mozambique today, Wednesday, consisting of officials and experts in the energy sector, where several files related to bilateral cooperation were discussed and studied, particularly the construction of a 1000 MW electricity production plant for the benefit of Mozambique, according to a statement from the ministry.
aps.dz