Algeria and Oman announced the launch of an initiative to establish a joint investment fund aimed at developing partnerships and projects in vital areas such as renewable energy, petrochemicals, desert agriculture, technology, and tourism.

This announcement came in the final statement following President Abdelmadjid Tebboune’s three-day visit to Oman at the invitation of Sultan Haitham bin Tariq.

During the visit, discussions took place between the two leaders, emphasizing the importance of enhancing cooperation between the private sectors and promoting trade and industrial exchange.