Investment & FDI

Foreign direct investment, capital flows, and investment climate

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Investment of $750 million and one million tons annually.. Progress in the Gara Djebilet iron ore valorization project

Investment of $750 million and one million tons annually.. Progress in the Gara Djebilet iron ore valorization project

The Gara Djebilet iron ore valorization project is witnessing significant progress, with an investment exceeding $750 million and an annual production capacity estimated at 4 million tons of concentrated iron, with expectations of creating 760 direct jobs and thousands of indirect jobs, as part of supporting the development of the iron and steel industry and enhancing the added value of national resources. The Director General of the Algerian Investment Promotion Agency, Omar Rakach, chaired a working meeting yesterday evening, dedicated to monitoring the progress of the project, attended by the CEO of SONARAM, Redha Belhaj, the Deputy CEO of Tosyali Algeria, Alp Topkoglu, along with representatives from the General Directorate of National Properties and officials from the agency.

Apr 1, 2026echoroukonline.com
Gara Djebilet Project: $750 Million Investment to Produce 4 Million Tons of Iron Annually

Gara Djebilet Project: $750 Million Investment to Produce 4 Million Tons of Iron Annually

The iron ore valorization project at the Gara Djebilet mine is witnessing significant progress, with an investment exceeding $750 million and an annual production capacity estimated at 4 million tons of concentrate iron, along with expectations to create 760 direct jobs and thousands of indirect jobs, as part of supporting the development of the iron and steel industry and enhancing the added value of national resources. The Director General of the Algerian Investment Promotion Agency, Omar Rakach, chaired a working meeting yesterday evening to follow up on the project's progress, attended by the CEO of SONARAM, Redha Belhaj, the Deputy CEO of Tosyali Algeria, Alp Topkoglu, along with representatives from the General Directorate of National Properties and officials from the agency.

Apr 1, 2026echoroukonline.com
Algeria and Serbia Discuss Expanding Cooperation in Hydrocarbons and Mining and Enhancing Investments

Algeria and Serbia Discuss Expanding Cooperation in Hydrocarbons and Mining and Enhancing Investments

The Minister of State, Minister of Hydrocarbons and Mining, Mohamed Arkab, discussed with Serbian Minister for International Economic Cooperation, Nenad Popovic, ways to enhance bilateral cooperation in the fields of hydrocarbons and mining, as well as investment and industrial partnership opportunities between the two countries. The discussions took place yesterday evening, Tuesday, in the presence of the Secretary of State for Mining, Karima Bakir Tafer, and several officials from both sides, during the official visit of the Serbian delegation to Algeria led by Prime Minister Matija Gubec.

Apr 1, 2026echoroukonline.com
Arqab discusses partnership and investment opportunities in the sector with a Qatari group

Arqab discusses partnership and investment opportunities in the sector with a Qatari group

Algeria - Today, Tuesday, the Minister of State, Minister of Hydrocarbons and Mines, Mr. Mohamed Arqab, received in Algiers the Chairman of the Board of Directors of the Qatari group 'Power International Holding', Mr. Moataz Al-Khayat, where the two parties discussed cooperation, partnership, and investment opportunities in the hydrocarbons sector, according to a statement from the ministry.

Apr 1, 2026aps.dz
Exploring Ways to Expand Cooperation in Hydrocarbons, Mining, and Natural Gas

Exploring Ways to Expand Cooperation in Hydrocarbons, Mining, and Natural Gas

Algeria - Today, Tuesday, the Minister of State, Minister of Hydrocarbons and Mining, Mr. Mohamed Arkab, met in Algiers with the Serbian Minister for International Economic Cooperation and Vice President of the Algerian-Serbian Joint Committee, Mr. Nenad Popovic, where the two sides discussed ways to enhance bilateral cooperation in the fields of hydrocarbons, mining, and industrial investment, according to a statement from the ministry.

Apr 1, 2026aps.dz
Algerian-Qatari 'Baladna' Project

Algerian-Qatari 'Baladna' Project

The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, received Moataz Al-Khayyat, Chairman of the Board of Directors of the Qatari Investment Holding Group, in the presence of the Qatari Ambassador to Algeria, Abdulaziz Ali Al-Naimah, along with the Chairman of the Board of Directors of 'Baladna Algeria'.

Apr 1, 2026elkhabar.com
Hydrocarbons: April 19th is the date for the upcoming international tender 'Bid Round'

Hydrocarbons: April 19th is the date for the upcoming international tender 'Bid Round'

The National Agency for the Valorization of Hydrocarbon Resources (Naftal) announced this Wednesday in a statement that the official date for launching the upcoming international tender 'Bid Round' will be April 19, 2026, clarifying that this process will include seven exploration areas. The statement noted that this new phase is part of the continuity of the path previously launched and represents a structural step in implementing the national strategy for the valorization of hydrocarbon resources.

Apr 1, 2026radioalgerie.dz
This is the date for the operation of the Trans-Saharan Gas Pipeline Project

This is the date for the operation of the Trans-Saharan Gas Pipeline Project

The Secretary General of the African Petroleum Producers Organization, Farid Ghazali, expects the full and actual operation of the Trans-Saharan Gas Pipeline Project to begin in early 2029, in a statement he gave to the 'Algeria International' channel. Ghazali also praised Algeria's strategic contribution and its institutions in developing the gas sector in Africa and the region, and its leading role in liquefied natural gas production. Watch the full content on Echourouk Online.

Mar 31, 2026echoroukonline.com
Increased Foreign Interest in the Algerian Steel Market

Increased Foreign Interest in the Algerian Steel Market

The International Salon of Steel and Mining Materials, in its fourth edition held at the Exhibition Palace in Algiers (March 30 - April 1), witnesses notable foreign participation reflecting the growing interest in the Algerian market, amid the economic dynamism the country is experiencing, especially after the start of exploitation of the iron mine in Gara Djebilet. This interest is highlighted by the significant presence of foreign companies at this salon, which gathers around 250 exhibitors, including 150 foreign participants representing several countries including China, Italy, Turkey, India, Tunisia, Libya, Niger, and Chad, in an international context characterized by increasing challenges in the field of industry and energy, which stimulates the search for new partnerships and more effective industrial solutions.

Mar 31, 2026echoroukonline.com