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Biography of Issad REBRAB

Algeria > Business : Issad REBRAB

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Born on 08/05/1944 (format : day/month/year)

Biography :

Issad Rebrab b. in May 1944 is an Algerian business man. He has many business interests such as a Steel company, Automobile importer, Agricultural food stuffs and an oil refinery (Cevital).

Nothing pre-disposed such success. Piscou, as he is nicknamed was born into a poor family and went to a professional teacher's training school. He taught business and accounting but quickly changed direction. In 1968 he opened his own accounting practice. His swashbuckling attitude has earnt him a reputation as a rogue and he has had close clathes with banks, the law and it is said that he earnt much of his wealth from secret trading with Libya.

Nevertheless by 1995 he had become one of the most important industrialists in the world in the steel industry. After loosing just over a billion dollars in a sabotage on his company, he believed himself to be menaced and he left Algeria to live in France. However in 1998 he returned.

Since his return to Algerai he has started creating an enormous industrial and energy complex called Cap 2015 about 60kms to the East of Alger together with a small town with 250 000 inhabitants with the ambition of creating 100 000 direct jobs and another million indirect jobs.

Last update : 10/06/2008

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