Algiers, December 17, 2025 – Kamal Moula was elected President of the Algerian Economic Renewal Council (CREA) for a new term today, securing a majority vote during the organization’s general assembly.
The assembly took place at the Abdelatif Rahal International Conference Center in Algiers. The event was attended by the Minister of Labor, Employment, and Social Security, Abdelhak Saihi, along with the outgoing CREA President, Kamal Moula, and other members of the organization.
The primary item on the agenda was the election of the President of the Algerian Economic Renewal Council. The vote confirms Moula’s continued leadership of the influential business organization. His re-election signals a commitment to the current direction of CREA and its ongoing efforts to promote economic growth and development within Algeria.
The Algerian Economic Renewal Council plays a significant role in shaping economic policy and advocating for the interests of businesses across various sectors. Moula’s new term is expected to focus on further strengthening the council’s position as a key partner with the government in driving economic reform and attracting investment. The CREA is also expected to play a crucial role in the implementation of new economic strategies aimed at diversifying the Algerian economy and creating employment opportunities for young Algerians.
Minister Saihi addressed the assembly, emphasizing the government’s commitment to working closely with the CREA to achieve shared economic goals. He highlighted the importance of collaboration between the public and private sectors in fostering a sustainable and prosperous economy for Algeria.
The re-election of Kamal Moula is viewed by many as a sign of stability and continuity within the Algerian business community. His experience and leadership are expected to be vital in navigating the challenges and opportunities that lie ahead for the Algerian economy.
