Diplomatic Desk:
Business In Bangladesh Editor Engr. Mohammad Shajibul-Al-Rajib, participated as an invited guest in the reception in Dhaka—hosted by the Embassy of Algeria—to commemorate the 72nd anniversary of the Algerian Revolution.
Iqbal Hasan Mahmud, Minister of Power, Energy and Mineral Resources, was present as the chief guest. The event was also attended by ambassadors and high commissioners from various nations, representatives of diplomatic missions, senior government officials, delegates from international organizations, journalists, and members of the Algerian community residing in Bangladesh.
Dr. Abdelwahab Saidani, the Algerian Ambassador to Bangladesh, delivered the welcome address. He was joined by Mrs. Meriem Saidani in hosting the event and welcoming the guests.
Highlighting Algeria’s economic progress and investment potential, the Ambassador noted that under the leadership of President Abdelmadjid Tebboune, the country is prioritizing economic diversification. Specific initiatives have been launched to boost non-energy exports, develop infrastructure, and foster growth in sectors such as mineral resources, agriculture, housing, and the attraction of foreign investment.
In his remarks, Chief Guest Iqbal Hasan Mahmud, Minister of Power, Energy and Mineral Resources, stated that there are significant opportunities for Algerian investment in various sectors in Bangladesh, including ready-made garments, industrial goods, food products, ceramics, and light engineering. He also encouraged Bangladeshi entrepreneurs to explore investment and business expansion in Algeria, leveraging the country’s strategic geographical location and economic potential.
