A brand new high-tech building in Algiers

It is an inauguration that did not go unnoticed in Algeria. And for good reason, this huge tower in the district of El Biar, Algiers, opened its doors on Monday in the presence of Abderrahmane Raouya, Algerian Minister of Finance, accompanied by Sheikh Abdullah Nasser Sabah Al Ahmad Al Sabah, a member of the princely Kuwaiti family and owner of the Kuwait Holding Company. From the top of its 25 floors and 110 m high, the AGB tower, named after Gulf Bank Algeria, is the pride of the bank’s CEO, Rabih Soukarieh: “It is a symbol of economic cooperation between Algeria and Kuwait. It is also a symbol of our long-standing presence in the Algerian market for nearly 20 years.”

 

 

An impressive tech innovation 

Some describe it as an open book, others, more poetic, see it as a butterfly. In any case, the new and modern shape of this tower fits perfectly into the Algerian setting, and is a major technological advance: 33,000 m² of work space, including a connected conference room, nine intelligent elevators, three of which are panoramic. The AGB tower is different from the usual business buildings, as it is equipped with the latest computer technology, audiovisual presentation systems and other videoconferencing tools. In addition, it is powered by photovoltaic panels on the roof, as well as a natural ventilation system, and a rainwater collection system in the basement, making it both environmentally responsible and modern. 

Founded in 2004, the AGB bank continues to expand its activities in the country, and now has 59 branches and 6 self banking throughout the country.