Business & Economy Bound

Air Algérie has added a second Airbus A330-900neo to its fleet as part of a gradual long-haul renewal program. The aircraft has been assigned to routes linking Algiers with Dubai, Beijing, and Guangzhou, reflecting a focus on maintaining capacity on established intercontinental markets rather than rapid network expansion.

Tourism and remittances from Egyptians working abroad remain two of Egypt’s most important sources of foreign currency. As the economy continues to face external financing pressure, these inflows support the balance of payments, domestic consumption, and service-sector employment. Recent growth in tourist arrivals and a rebound in remittance flows highlight how closely Egypt’s economic management depends on international travel demand and overseas labor income.

A nationwide freight transport strike in Algeria is disrupting food supply chains and driving sharp price increases across local markets. Reduced truck movements have slowed deliveries to wholesale distribution hubs, limiting the availability of fruits and vegetables and placing pressure on household budgets. Key agricultural and commercial regions are reporting thinning stocks, while retailers warn that prolonged disruption could exhaust remaining supplies. The situation highlights structural vulnerabilities in logistics networks and the direct link between transport continuity, food availability, and price stability.

Moroccan financial intelligence authorities have intensified oversight of the real estate sector following a series of alerts from notaries and property professionals in major cities. Investigators are examining transactions involving stalled or distressed construction projects that were acquired through complex financial arrangements designed to clear debts and lift bank seizures. While the deals were formally compliant with tax and legal requirements, officials are assessing whether they were used to conceal illicit financial flows, with several cases now under in-depth review in coordination with domestic and foreign oversight bodies.