Algeria’s richest man Issad Rebrab hit as Brandt folds, 700 jobs lost
Algeria’s richest man Issad Rebrab faces setback as Brandt folds, 700 jobs lost and foreign investment challenges grow.
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Algeria’s richest man Issad Rebrab faces setback as Brandt folds, 700 jobs lost and foreign investment challenges grow.
Omar Rebrab barred from business roles as Algeria’s central bank enforces freeze amid misconduct probe.
The wastewater treatment plant is a practical step that helps the company stay productive, meet regulatory requirements, and reduce its environmental impact.
Rebrab is the founder of Cevital Group.
The Algerian billionaire stepped down as CEO of Cevital in 2022.
The launch of the plant comes five months after Rebrab stepped down as CEO of the group.
The JV will produce motors for washing machines manufactured by Cevital and other partners.
On July 1, his son Malik Rebrab, who has previously held high positions in Cevital, will take over as CEO.