November 10th, 2024
The Director General of the Algerian Investment Promotion Agency, Mr. Omar REKKACHE, received on Sunday, November 10th, 2024, a delegation from the World Bank led by Mr. Nadir MOHAMMED, the Regional Director of the Prosperity Department for the MENA Region. The meeting, attended by executives from the Agency, aimed to explore and develop cooperation methods and mechanisms between the Agency and the World Bank Group in the MENA region.
During the meeting, the Regional Director praised the Agency’s efforts in promoting investments, supporting investors, as well as its work and significant role despite its recent establishment.
The meeting was also an opportunity to discuss the World Bank’s new business climate assessment system, Business Ready (B-READY), which replaces “Doing Business.” During the discussion, the Regional Director mentioned measures that could highlight improvements in Algeria’s investment climate and attracting foreign investments via the new assessment system.
On the sidelines of this meeting, certificates were awarded to the Agency’s executives who had received training as part of the World Bank’s technical support program for the Agency, following the strategic long-term vision project aimed at promoting investment in Algeria, which the Agency is currently working on developing.
