{"id":8913,"date":"2024-10-25T14:19:13","date_gmt":"2024-10-25T13:19:13","guid":{"rendered":"https:\/\/dzwatch.dz\/?p=8913"},"modified":"2024-10-25T14:19:14","modified_gmt":"2024-10-25T13:19:14","slug":"bougali-meets-algerian-startup-founders-in-seoul-encourages-innovation-for-economic-growth","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=8913","title":{"rendered":"Bougali Meets Algerian Startup Founders in Seoul, Encourages Innovation for Economic Growth"},"content":{"rendered":"\n<p><strong>October 25, 2024<\/strong><br><strong>Algiers<\/strong> \u2013 The <strong>President of the People\u2019s National Assembly<\/strong>, <strong>Ibrahim Bougali<\/strong>, met with <strong>Algerian startup founders<\/strong> participating in a <strong>training program in Seoul, South Korea<\/strong>, during his official visit to the country. The meeting, which took place on the sidelines of his visit, was announced in a statement from the Assembly on <strong>Thursday<\/strong>.<\/p>\n\n\n\n<p>According to the statement, the meeting included <strong>19 young entrepreneurs<\/strong> and was attended by the <strong>Algerian Ambassador to South Korea<\/strong> along with members of the <strong>parliamentary delegation<\/strong> accompanying Bougali. The gathering provided an opportunity to explore the <strong>diverse backgrounds of the startups<\/strong>, their <strong>areas of specialization<\/strong>, and the <strong>objectives<\/strong> and <strong>framework<\/strong> of the training program.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Bougali: Knowledge-Based Economy a Strategic Priority<\/h2>\n\n\n\n<p>In his speech, Bougali emphasized that the <strong>startup ecosystem and the knowledge economy<\/strong> are no longer mere concepts but <strong>tangible realities<\/strong>, driven by the <strong>political vision<\/strong> of <strong>President Abdelmadjid Tebboune<\/strong>. He highlighted the government&#8217;s commitment to <strong>supporting startups<\/strong> to help them become <strong>key players in Algeria\u2019s economic diversification<\/strong>, moving away from reliance on <strong>hydrocarbons<\/strong> and rentier economy toward a <strong>knowledge-driven model<\/strong>.<\/p>\n\n\n\n<p>He stressed the importance of <strong>investing in startups<\/strong>, noting that improvements in the <strong>entrepreneurial and innovation ecosystem<\/strong> have significantly <strong>boosted Algeria&#8217;s ranking<\/strong> at the continental level in terms of <strong>startup development<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Learning from Global Leaders in the Startup Ecosystem<\/h2>\n\n\n\n<p>Bougali urged the entrepreneurs to <strong>embrace challenges<\/strong> and <strong>drive meaningful change<\/strong> that contributes to <strong>Algeria&#8217;s economic progress<\/strong>. He also emphasized the need to <strong>learn from the experiences of leading countries<\/strong> in the startup sector, such as <strong>South Korea, the United States, and China<\/strong>.<\/p>\n\n\n\n<p>According to the statement, the participating entrepreneurs expressed their gratitude for the <strong>government\u2019s support<\/strong> and President Tebboune\u2019s <strong>forward-looking vision<\/strong> for the <strong>knowledge economy<\/strong>. They praised the government\u2019s efforts in fostering an environment conducive to <strong>entrepreneurship and innovation<\/strong>, which is vital for Algeria\u2019s future economic growth.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>For more insights on Algeria\u2019s economic developments and startup initiatives, visit <a href=\"https:\/\/DZWATCH.DZ\" target=\"_blank\" rel=\"noopener\">DZWATCH.DZ<\/a>.<\/p>\n\n\n\n<p><strong>Author:<\/strong> nor-eleslam<\/p>\n\n\n\n<p><strong>Key terms:<\/strong> Algeria, startups, Ibrahim Bougali, knowledge economy, South Korea, entrepreneurship, innovation, Abdelmadjid Tebboune, economic diversification<\/p>\n","protected":false},"excerpt":{"rendered":"<p>October 25, 2024Algiers \u2013 The President of the People\u2019s National Assembly, Ibrahim Bougali, met with Algerian startup founders participating in a training program in Seoul, South Korea, during his official visit to the country. The meeting, which took place on the sidelines of his visit, was announced in a statement from the Assembly on Thursday. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":8914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":7,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-algeria"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/8913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8913"}],"version-history":[{"count":1,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/8913\/revisions"}],"predecessor-version":[{"id":8915,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/8913\/revisions\/8915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/8914"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}