Business & Economy Bound

The Algerian and French prime ministers on Monday hailed a "new dynamic" as they launched a joint economic forum during a visit to Algiers by France's Elisabeth Borne. Borne's two-day trip to the former French colony and major gas exporter comes just weeks after...

Algerian state energy firm Sonatrach has agreed with Spanish buyer Naturgy to revise prices on gas deliveries through a key undersea pipeline, it said Thursday, as Europe gears up for a winter energy crunch. "Sonatrach and its partner Naturgy have agreed to revise the...

Libya's Tripoli-based prime minister Abdulhamid Dbeibah has defended a deal signed earlier this week with Turkey over oil and gas exploration in the Mediterranean, which angered European nations. The memorandum of understanding, three years after a controversial...

The Morocco government issued for the first time on October 4, 2022, 10 permits to legally roll out the cannabis use for medicinal purposes. A regulatory agency ANRAC was set up to issue such permits and monitor the sector’s activities, from cultivation and processing...