Cevital Hit by a New Crisis
Summary by observalgerie.com
1 Articles
1 Articles
The Cevital group, Algeria's largest private conglomerate, is facing a major governance crisis. After a series of economic problems, a new judicial situation is undermining the stability of the company. Omar Rebrab, the eldest son of Issad Rebrab, would be banned from engaging in any commercial activity. According to several media sources, on 9 July 2025, the Bank of Algeria sent an official note prohibiting Omar Rebrab from engaging in any comm…
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