Family linked to jailed Algerian auto tycoon Mahieddine Tahkout hid $15 million in assets, prosecutors say
Prosecutors say a family hid about $15 million in assets in a case linked to jailed auto tycoon Mahieddine Tahkout.
Algerian businessman
Algerian tycoon Abderrahmane Benhamadi’s Condor enters Egyptian market under $1 billion expansion plan
Algerian Condor Group launches in Egypt, setting up local production of TVs, appliances, and air conditioners.
Algerian tycoon Benhamadi’s Condor inks $80 million worth of trade deals across Africa
Algerian tycoon Abderrahmane Benhamadi’s Condor secures $80 million trade deals across Africa, boosting exports and market presence.
French giant buys Guinness Ghana, two years after acquiring glass maker from Algerian businessman
This move is part of Castel’s broader strategy to expand its presence across Africa, having already established itself in North, West, and Central Africa.
Algerian mogul Abderrahmane Benhamadi’s Condor sells Alver to French giant Castel Group
The sale is a strategic move to refocus the company on its core operations.
Algeria’s richest man Issad Rebrab moves to shut down French-speaking press company, Liberte
Rebrab is the founder and owner of Cevital, the country’s leading private group.
Algerian tycoon Ali Haddad, others forfeit assets worth $4.2 billion to gov’t in one month
Earlier, Haddad and other businessmen were sentenced to lengthy prison sentences in corruption trials.