Business talks in Ankara : New chapter for Algiers-Istanbul alliance

President Abdelmadjid Tebboune arrived in Ankara this Wednesday, signaling a major shift in how Algeria and Turkey do business. The president has been warmlu welcomed by the Turkish president at the airport than went to a more one to one disscusions . The relation between the 2 nations are going beyond trading and buisness it into a high-level strategic alliance.

The centerpiece of this visit? The first-ever meeting of the Algerian-Turkish High-Level Strategic Cooperation Council. It sounds formal, but the impact is practical: both nations are moving toward a future where they build shared firms and industries .

The economic footprint of Turkey in Algeria is hard to miss. Currently, the relationship is defined by massive growth:

• $6.5 Billion: Current annual trade volume.

• $10 Billion: The immediate goal set by both leaders.

• 1,600: The number of Turkish companies currently operating on Algerian soil.

• $7.7 Billion: Total Turkish investment in the country.

Turkish investment has moved deep into heavy industry. The Tosyali iron and steel complex in Oran has become the gold standard for this partnership, helping Algeria diversify its economy away from oil and gas while creating thousands of local jobs.

From textiles and construction to the upcoming opening of a Turkish Ziraat Bank branch in 2025, the infrastructure of this partnership is getting permanent roots.

For Algeria, Turkey offers a pragmatic partner with a “roll up your sleeves” attitude. For Turkey, Algeria is a reliable energy provider and a perfect gateway into the African market.

With flight frequencies jumping from 35 to 80 per week, the bridge between Algiers and Ankara is busier than ever. Furthermore the visit of president Tebboune signaled a brighter bilateral future between 2 great nations .

Synth by R.S