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New Qatari projects in Algeria during 2023
05 January 2023, 07:00am
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Qatar and Algeria
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Algerian newspaper “le soir”.Algerian Qatari economic relationsAlgerian Qatari projectsSheikh Nayef bin Eid Al Thani
Hussein Arkab
The Algerian French-language newspaper “le soir” published a report confirming the determination of the Qatari and Algerian authorities to strengthen economic relations between the two countries during the current year, by starting from now on a study of a group of projects that can be embodied on the ground in the coming months. Particularly at the commercial and tourism level in Algiers and other cities, referring to the meeting of Sheikh Nayef bin Eid Al Thani, Chairman of the Board of Directors of the Retaj Group of Companies, Vice Chairman of the Board of Directors of the Arab Tourism Development Fund and member of the Qatar Hotels Association, with the Algerian Prime Minister, Mr. Ayman bin Abdul Rahman, on the day Last Monday, in the presence of the Minister of Tourism and Handicrafts of Algeria, Mr. Yacine Hammadi.

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Hospitality sector

The report revealed the most important axes that the meeting between the aforementioned parties focused on, the most important of which is encouraging Qatari businessmen to enter the world of hospitality in Algeria, within the framework of efforts to promote the tourism sector in Algeria, which is also seeking to diversify income sources and reduce dependence on energy sources in the future, based on This includes providing many facilities to foreign investors through the new investment law, led by business owners coming from Qatar, which Algeria attaches great importance to in light of the keenness of both governments under the leadership of His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of the country, and Mr. Abdul Majeed Tebboune President of the People’s Democratic Republic of Algeria to strengthen the social and economic ties between Algeria and Doha.

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business opportunities

The report also indicated that Sheikh Nayef bin Eid Al Thani, Chairman of the Board of Directors of the Retaj Group of Companies, Vice Chairman of the Board of Directors of the Arab Tourism Development Fund, and a member of the Qatar Hotels Association. And in the presence of Mr. Abdulaziz Ali Al-Nama, Doha’s ambassador to Algeria, where the endless commercial opportunities that Algeria offers to Qatari businessmen were highlighted, thanks to the size of the consumer market as well as the strategic location of the country, which makes it a gateway to access various goods and commodities to various African and European countries. .