‘Sabotaged’ at home, billionaire Issad Rebrab to create 1,000 new jobs in France

The head of Cévital, Issad Rebrab was on Monday one of the 150 world business leaders invited by the French president Emmanuel Macron to the Palace of Versailles to promote the economic attractiveness of France.

Mr. Rebrab was the only Algerian business magnate to make the list. He took the opportunity to publish on social networks a photo of him with the French president, in which he announced the creation of a thousand jobs in France.

“Very honored to have been yesterday at #ChooseFrance with the French President @EmmanuelMacron. We talked about the progress of our #EvCon projects, which will eventually create 1000 jobs in the #Ardenne” published the president of Cevital.

This is the second time in just over two months that Issad Rebrab has met President Macron. The latter had made the trip last November to Charleville-Mézières, in the Ardennes, to inaugurate the new project of production of ultra pure water of Cevital in France.

Whilst unemployment is rife, the billionaire’s job-generating projects have known difficulties in Algeria for a number of years now, many have denounced the arbitrary sabotage his group has been the subject of for obscure reasons.