Partnership with Russia, Asia leading to recovery of Algerian trade sector — minister
"Algeria is always seeking after developing relations with countries where the mutual benefit is in place," the minister said
Stay updated with breaking news from Ali Aoun. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"Algeria is always seeking after developing relations with countries where the mutual benefit is in place," the minister said
A delegation of American businessmen and CEOs concluded on Tuesday a three-day visit to Algeria, where they discussed with ministers the launching of projects in several sectors, in line with a new Investment Law that promised facilitations and incentives to foreign investors. The visit reflects a revitalization in US-Algerian political relations, according to analysts.
Stellantis Starts Production in its Tafraoui Plant in Algeria
Stellantis plant in Algeria starts production.
Italian automaker Fiat on Monday inaugurated its first assembly and manufacturing plant in Algeria, in a move that is expected to revive the country's automobile market. The opening of the Fiat plant, in the northwestern Algerian city of Oran, marks the first car manufacturing facility to be inaugurated under Tebboune, according to the Algerian news website TSA. "Given Italian manufacturer Fiat's popularity, the brand was chosen to be the first manufactured locally," Algeria's industry minister Ali Aoun said during the plant's opening ceremony.