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December 17, 2023 | 4 months ago

Memorandum of understanding signed between Algeria Venture and Turkish Airlines

A memorandum of understanding was signed on Sunday in Algiers between the public start-up accelerator "Algeria Venture" and the Turkish airline "Turkish Airlines", aimed at supporting start-ups and innovators to enable them to benefit from preferential airfares.

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The signing ceremony took place at the Palais des expositions (Pins maritimes) on the linesides of the 31st Algerian Production Fair. The document was co-signed by Director General of Algeria Venture, Sid Ali Zerrouki, and Director General of Turkish Airlines in Algeria, Muhammed Ibrahim Kavranoglu, in the presence of Minister for the Knowledge Economy, Start-ups and Micro-enterprises, Yacine El-Mahdi Oualid, and Turkish Ambassador to Algiers, Muhammet Mucahit Kucukyilmaz.


The aim of this partnership is to encourage open innovation and facilitate economic development by offering special discounts on airline tickets to labelled start-ups and by exhibiting the innovations of these companies at international level, in addition to organising workshops and conferences to promote this cooperation. 


Speaking at the event, Mr Zerrouki stressed that Turkish Airlines had decided "to help Algerian start-ups to develop not only within the country but also abroad".


He also said that the company "will transport project holders to different parts of the world at a very attractive price, which will help to strengthen young skills in Algeria".

December 18, 2023 | algeria-logo

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