Business & Economy Bound

Tunisia looking to stabilize its economy with new development planF

The Tunisian government on Tuesday presented a three-year development plan that relies heavily on private sector investment, particularly in industry, and boosting phosphate production. The cash-strapped North African country is battling 10 percent inflation alongside...

Algeria makes baby steps to stimulate tourism sector, but just in the SaharaF

Algeria will allow foreign tourists heading to its vast desert south to obtain visas on arrival, part of efforts to "promote tourism in the Sahara", the interior ministry announced Wednesday. In a statement, it said that "foreigners heading to the south of the...

Tunisia: While waiting for an international bailout, Tunisia looks to raise taxes to stay afloatF

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...

Egypt: Suez Canal chief seeks to dispel fears over draft Egypt lawF

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...

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