Algeria, Bahrain Explore Strategic FinTech Cooperation: AAPI Hosts High-Level Investment Talks

✍️ BY: Dr. Hana Saada

AAPI Director General Omar Rekkache Welcomes Bahraini Business Delegation to Discuss FinTech Opportunities and Digital Banking Development in Algeria

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Algiers, Algeria | June 2nd, 2025 — The Director General of the Algerian Investment Promotion Agency (AAPI), Omar Rekkache, received in Algiers a delegation of Bahraini businessmen, accompanied by the Ambassador of the Kingdom of Bahrain to Algeria, Ali Jassem Al Aradi, for a meeting aimed at deepening investment ties between the two countries, with a particular focus on financial technology (FinTech).

During the meeting, Mr. Rekkache detailed the legal framework governing FinTech-related investments in Algeria, while emphasizing the critical role AAPI plays in facilitating access for foreign investors and supporting the implementation of their projects across various sectors.

The discussions revolved around potential economic cooperation and the means through which Bahraini firms and their subsidiaries could provide innovative banking and financial services in the Algerian market. Special attention was given to the FinTech industry and digital banking solutions, sectors identified as key pillars of Algeria’s ongoing digital transformation strategy.

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