
Sidal Group signs agreement with Boehringer Ingelheim to localize innovative treatment for pulmonary fibrosis - Iqtissad Al Balad
Economy of Algeria news
New ventures, funding rounds, incubators, and ecosystem news

Economy of Algeria news

The Algerian pharmaceutical industrial group 'Saïdal' signed a cooperation agreement today, Monday, with the leading German company in the research and development of biopharmaceuticals 'Boehringer Ingelheim', aimed at localizing the manufacturing and production of an innovative treatment for pulmonary fibrosis in Algeria. The signing ceremony was overseen by the Minister of Pharmaceutical Industry, Wassim Gouidri, and the Ambassador of the Federal Republic of Germany to Algeria, George Felsheim, at the production unit of the Saïdal group in El Harrach, Algiers.

The Minister of Higher Education and Scientific Research, Kamel Badari, presided over the inauguration ceremony of the Technology and Innovation Center for Virtual Education Systems at the scientific and technological pole of martyr Abdel Hafidh Ihaddaden in Sidi Abdallah.

The website 'Business Insider Africa' confirmed that Algeria has made an important step in developing its drone system after obtaining the first national accreditation for training operators of unmanned aerial vehicles, as part of its efforts to enhance local competencies and keep pace with rapid technological developments in this field. The site explained that the accreditation was granted to 'EPE CRTI SKY-TEC ENGINEERING SPA', a subsidiary of the Research Center in Industrial Technologies (CRTI), allowing it to train operators of drones of the first and second categories and provide specialized training programs for economic institutions, public bodies, government administrations, and individuals. View the full content on Echourouk Online.

The Center for Strategic and International Studies (CSIS), based in Washington, D.C., noted that Algeria is increasingly asserting its prominent strategic position as an emerging regional power through its accelerating openness to foreign investments, striving to enhance its role as an indispensable strategic hub linking the Mediterranean Sea, the Sahel region, and North Africa. The study's author, Romina Pandora, the lead researcher in the Prosperity and Development Project at CSIS, stated that she based this comprehensive analytical report on impressions and observations drawn from her field visit to Algeria in May 2026...

The American Center for Strategic and International Studies (CSIS) confirmed that Algeria continues to solidify its position as an emerging regional power through its policy of openness to investments and its efforts to enhance its role as a strategic hub connecting the Mediterranean Sea, the Sahel, and North Africa. The center's lead researcher on the Prosperity and Development Project, Romina Pandora, stated in a recent study based on the results of her visit to Algeria in May 2026, that she met with government officials, industrial sector actors, and representatives from research centers, noting that Algeria possesses significant natural resources, a moderate climate, and qualified human resources that support growth and development prospects.

The economy of Algeria news

Algeria - The activities of the fourth edition of the African Business Salon continue today, Sunday, in Algiers, on its second day, under the slogan 'Building Partnerships for Tomorrow's Africa: Innovation, Economic Sovereignty, and Continental Integration.'

Algeria - The public group for textiles and leather 'GITEX' launched the national textile innovation challenge this Saturday evening in Algiers, aiming to leverage creative capabilities to enhance the competitiveness of Algerian products.

This Sunday in Algiers, the activities of the fourth edition of the African Business Salon continue on its second day, under the theme 'Building Partnerships for Africa's Tomorrow: Innovation, Economic Sovereignty, and Continental Integration.'

The job market in Algeria is at the heart of the country's economic transitions and social challenges. Long characterized

The National Company of Electronic Industries (ENIE) in Sidi Bel-Abbes is restarting its development after years of lean times. This flagship