by The International Consortium of Investigative Journalists
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Algeria's Minister of Industry and Mines

Abdeslam Bouchouareb

Offshore company said to be used for business activities in Turkey, the United Kingdom and Algeria

Related to  Algeria
Data from: Panama Papers
Abdeslam Bouchouareb is a member of Parliament and current minister of industry and mines in Algeria. A former business executive, Bouchouareb entered politics in 1994. He served as minister of industry from 1996, minister of employment from 2000 and vice president of the National Assembly in 2012. In 2014, the same year he became minister of industry and mines, Bouchouareb worked as the communications director of Algerian President Abdelaziz Bouteflika.

In the data

Abdeslam Bouchouareb has been the sole owner of the Panamanian company Royal Arrival Corp., which was created in April 2015, since July 2015 . Through this company, Bouchouareb held a Swiss bank account at NBAD Private Bank SA. He managed Royal Arrival Corp. via a Luxembourg company, Compagnie d'Etude et de Conseil (CEC). In emails sent to Mossack Fonseca, CEC said the activities of Royal Arrival Corp. were commercial representation and negotiation, commercial contracts, public works, railway and maritime transport, which took place in Turkey, the United Kingdom and in Algeria. When Mossack Fonseca requested information about Bouchouareb, a form submitted by CEC identified him as the "Minister of Industry and Mines".


A Luxembourg financial firm that set up the company for Bouchouareb, confirmed his ownership, noting that it "was constituted in all transparency." It was set up to own and manage inherited property, the firm said. Because of Bouchouareb's ministerial position, "We, with his agreement, decided to delay any use of the company, and the opening of the bank account at NBAD Geneva was never finalized...Mr. Bouchouareb asked us to freeze this company for the duration of his public mandates."
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