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November 16, 2024 | 2 months ago
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During an annual meeting organised by the Algerian-British Business
Council (ABBC), the leaders stressed that Algeria is experiencing growth
and development and called on the UK to support this process. Baroness
Symons, former Minister and President of the Arab-British Chamber of
Commerce highlighted Algeria's modernising and diversifying economy, the
favourable business climate and the tax incentives offered by the new
investment code. She called for the revitalisation of bilateral
relations.
Algerian Ambassador to the UK Noureddine Yazid added
that Algeria benefits from political stability and offers many
investment opportunities, particularly in start-ups, artificial
intelligence and agriculture. He stressed that President Abdelmadjid
Tebboune's re-election and his commitment to diversifying the economy
made the country even more attractive to UK investors.
Olga
Maitland, President of the ABBC, described Algeria as a dynamic,
creative and innovative country with a vibrant private sector. John
Humphrey, UK Trade Commissioner for Africa, assured potential investors
of his support throughout the process.
Yacine Bouhara, CEO of the
Tell Group investment fund, stated that many Algerian products have a
place in the UK market. The organisers concluded by affirming that there
is a market to be explored in Algeria and that it is crucial to seize
the opportunities.
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