Business & Economy Bound

Tunisia's finance minister unveiled a budget Monday aiming to use new tax revenues to claw the deficit back to near five percent of GDP, as the cash-strapped country awaits an international bailout. The 2023 budget comes as the North African country grapples with...

The chairman of Egypt's Suez Canal on Thursday affirmed the waterway is "not for sale", in a bid to allay fears over a draft law under discussion in parliament. On Tuesday the legislature approved in principle a bill proposed by the government seeking to establish a...

Africa's top gas exporter Algeria on Tuesday spoke out against a European Union price cap on natural gas, saying it would threaten upstream investments. Algeria "doesn't support the idea of limiting prices", Energy Minister Mohamed Arkab said, speaking a day after EU...

By Valentin Bontemps: Six months after Algeria cut ties with Spain following a spat over disputed Western Sahara, trade between the two countries remains paralysed, much to the dismay of the worst-hit companies.  With sales blocked, investment frozen and projects at a...