The Minister of Higher Education and Scientific Research, Mr. Kamel Baddari, together with the Minister of Finance, Mr. Abdelkrim Bouzred, presided over the official listing ceremony of CRAPC Expertise, a subsidiary company of the Research Center, on the Algiers Stock Exchange on 14 July 2026, making it the first company established by a national scientific research center to enter the Algerian capital market.
This milestone represents a historic achievement and a strategic turning point in the valorization of scientific research and in strengthening the contribution of universities and research centers to economic development. The public offering recorded a subscription coverage rate of 104.55%, reflecting two key indicators:
First, the strong confidence that investors and economic stakeholders place in the outcomes of Algerian scientific research, confirming the value of investing in national innovation.
Second, the success of the Higher Education and Scientific Research sector’s strategy to transform universities and research centers from purely academic institutions into economic actors that actively contribute to wealth creation, job generation, and sustainable development.
This achievement embodies the vision of the President of the Republic, Mr. Abdelmadjid Tebboune, to build a knowledge- and innovation-based national economy. It also reflects the practical implementation of the Fourth-Generation University (University 4.0) concept through University Empowerment, strengthening the role of universities and research institutions in valorizing scientific research outcomes and transforming knowledge and innovation—particularly in the fields of chemistry and physics—into high-value industrial and commercial solutions capable of competing in the domestic market and expanding into international markets.