Algiers hosts Arab businessmen, investors hold 10th conference in december

The 10th conference of Arab businessmen and investors will be held in the Algerian capital next December 9-10.

Members of the preparatory committee said in a press conference the economic event will focus on "investment in services," a question that enjoys particular interest from the Arab League.

Services have a paramount importance in development and trade, an Arab executive said, adding that the sector represents 48% of the Arab GDP and employs 50% of Arab labor, i.e. between 95 and 100 million workers.