Foreign direct investment, capital flows, and investment climate
Algeria - The Algerian Agency for Investment Promotion held a working meeting today, Tuesday, via remote conferencing with the 'Invest in Oman' pavilion, as part of efforts to strengthen partnership and exchange experiences in the field of investment promotion and support, according to a statement from the agency.
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The National Agency for the Valorization of Hydrocarbon Resources announced in a statement on Tuesday the granting of an exploration license in Algeria to British Petroleum (BP) in the eastern basin. The return of energy giant British Petroleum to Algeria is a strong signal of renewed confidence from international companies in the potential of the Algerian mining sector, within the framework of the partnership promoted by Naftal. The agency noted that the Algerian mining sector, which extends over more than 1.7 million square kilometers, offers vast areas with significant potential, in a context characterized by the rapid development of exploration technologies, emphasizing that it is pushing for a 'new dynamic based on innovation and the integration of advanced technologies, aimed at improving knowledge of...
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AL24 News - British Petroleum obtains an exploration license in Algeria - news
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Today, Tuesday, the Minister of State, Minister of Energy, Mohamed Arqab, held discussions with officials from the Republic of Korea and the Hashemite Kingdom of Jordan, focusing on enhancing bilateral cooperation in the energy sector, expanding investment and partnership opportunities in oil and gas, and developing trade exchanges. In this context, Arqab received the Deputy Minister of Foreign Affairs responsible for economic affairs and the special envoy of the Foreign Minister of the Republic of Korea, Park Yong-han, accompanied by an official delegation, where both sides discussed ways to develop cooperative relations, particularly in the fields of hydrocarbons and oil and gas industry, reviewing ongoing projects and prospects for expanding partnership between the two countries. Watch the full content on الشروق أونلاين.
echoroukonline.com
The Algerian Investment Promotion Agency discussed investment opportunities in the iron and steel sector with a delegation from the Egyptian 'Ezz Steel' group, proposing a project to establish a direct reduced iron (DRI) production unit in Algeria, as part of a strategy to expand activities towards creating an integrated industrial complex covering various stages of iron and steel production. These discussions took place during the agency's reception yesterday, Monday, of an Egyptian delegation that included several officials from the group, led by the managing director of Ezz Steel, Raed El-Beblawy, along with specialists in technical, legal, and developmental aspects.
echoroukonline.com
The proposal was studied by the Algerian Agency for Investment Promotion.
elkhabar.com
The IMF raised its economic growth forecasts for Algeria today, Tuesday, expecting it to reach 3.8 percent in 2026, despite the global context characterized by the repercussions of geopolitical tensions on economies. This updated data was published on the official website of the fund, on the occasion of presenting a report on 'Global Economic Outlook', on the sidelines of the spring meetings of the IMF and the World Bank.
radioalgerie.dz
The Algerian Agency for Investment Promotion studied, today Tuesday in Algiers, the proposal to create a project for an integrated industrial investment city to be established on privately owned land in Boughezoul, Médéa Province, which is considered the first project of its kind to be examined at the agency level.
radioalgerie.dz
Renewed confidence of international companies in the potential of the national mining sector.
elkhabar.com
The International Finance Corporation (IFC) is set to grant a loan of $100 million to the Ghana International Bank
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DZD economy aliqtissad dz Algeria economy news
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Algeria - The Algerian Investment Promotion Agency received a delegation from the Egyptian 'Ezz Steel' Group today, Monday, in Algiers, as part of exploring investment opportunities in the iron and steel industry sector in Algeria, according to a statement from the agency.
aps.dz