Barcelona's historic Hotel Palace for 68 million euros. In 2016 with the help of Mr Aouissi Fakhreddine , he acquired two large luxury hotels in Barcelona: the Gran Hotel La Florida and the Hotel Miramar Barcelona. FCE On 24 November 2014, Ali Haddad was elected President of the Algerian employers' organization Forum des Chefs d'Entreprises (FCE). The FCE acts as the representative of the Algerian private business sector recognized by the government. As President, he urged to allow the private sector a larger role in the management of the industrial areas and parks to offer more assistance to companies and boost economic development in the country, and to draft regulatory texts to enable more public-private partnerships. The FCE laid out a 2020-2030 plan with the government of Algeria to drive the economic development of the country. Ali Haddad also has the mission to promote the Algerian economy and its private sector with foreign interlocutors and to foster partnerships. In November 2017, the former U.S State Secretary Rex Tillerson gave Ali Haddad a copy of the Peace and Friendship Treaty signed between Algeria and the United States in 1795. In February 2018, the FCE and France's MEDEF created the Algerian-French Business Council. During Haddad's mandate as President, the FCE shifts towards becoming a union, the Jil'FCE was created to gather the young business leaders under 40, and the FCE Foundation was created to get involved in social and humanitarian projects. Arrest Algerian press reported on 31 March 2019 that Ali Haddad was arrested on the Algeria–Tunisia border during an attempt to escape to Tunisia. He is accused of fraud and many financial crimes including bribery and using the influence of senior members of Bouteflika gouvernement. The Prosecutor General launched investigations into corruption and the illicit transfer of capital abroad. Similarly, an investigation into corruption against Ali Haddad was, according to the same Channel, entrusted to the research brigade of the National Gendarmerie of Bab J’did, Algiers. It is worth mentioning that Haddad was apprehended in possession of three passports, obtained illegally with the complicity of the Daira of Bir Mourad Rias. In November 2020, Ali Haddad has had his prison sentence reduced from 18 to 12 years. Other tenures Member of the board of directors of the USA-Algeria Business Council (USABC) See also Economy of Algeria Dzaïr TV - Dzaïr News References 1965 births Algerian businesspeople People from Azeffoun Kabyle people