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Update: Monday, 14 April 2008    

Tenth Conference of Arab Businessmen union : 500 investors to take part Tenth Conference of Arab Businessmen union : 500 investors to take part


Thursday Nov 09 2006.

Enterprise Heads Forum President Omar Ramdane deplored that Arab businessmen do not grasp entirely the changes and reforms being made in the Algerian economy.




In a press conference held yesterday in Hilton Hotel, he said on the preparations underway to host the Tenth Conference of Arab Business Society to be dedicated to examine investment opportunities in Algeria.

The preparation committee has received 200 participation confirmations from Arab businessmen so far and the same number from Algerian enterprises heads. He expressed his hope to see the number go up to 500 participants. On other hand, the whole Arab investments between 2000 and 2006 reached 5.7 billion USD out of the hydrocarbons sector, which remains under the monopoly of Western Companies. Businessmen from Kuwait, Saudi Arabia, Qatar, Bahrain, Emirates, Egypt, Palestine and Jordan, Mr. Omar Ramdane underscored.

He unveiled the scheduling of programs of stories about Arab investors, who succeeded to achieve giant projects in Algeria, to be told by the Chief Executive Officers of Companies such as Egyptian Orascom, El Watania Telecoms and Sedar International.

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