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Algiers 3 University targets one billion dinars in revenue and job creation

Algiers 3 University targets one billion dinars in revenue and job creation

Algiers 3 University is working to strengthen its economic and investment footprint through a roadmap designed to raise the revenue of its commercial subsidiaries to one billion Algerian dinars by the end of 2027, alongside generating one hundred permanent jobs. The academic institution announced the approaching completion of the first phase of liberating the social capital of its economic branches, aiming to mobilize over 400 million dinars from internal revenues. This strategic vision relies on three core entities: the financial investment company, the consulting and R&D office, and the university sports academy. The financial investment firm officially secured regulatory approval from the stock market watchdog in early 2026 with an initial capital exceeding 188 million dinars, intended to finance startups in strategic domains like artificial intelligence, healthcare, and digital transformation. Meanwhile, the consulting office targets higher turnover and workforce expansion, and the sports academy has posted significant financial growth within a single year. The university ultimately plans to scale its total consolidated revenue step-by-step to meet its ambitious target by the close of 2027.