Business & Economy Bound

Libya: Militia ends siege of oil fields, production in Al-Sharara field resumesF

Libya's National Oil Corporation said Tuesday that an armed group blockading two major oil fields had lifted its siege and that production had resumed at one of them.  The NOC had announced the suspension of production on Sunday at the vast Al-Sharara and Al-Fil...

MENA region confronted with dangerous wheat supply crisisF

By Sarah Benhaida Russia's invasion of Ukraine could mean less bread on the table in Egypt, Lebanon, Yemen and elsewhere in the Arab world where millions already struggle to survive. The region is heavily dependent on wheat supplies from the two countries which are...

Algerian oil firm Sonatrach to resume operations in LibyaF

Algerian oil and gas giant Sonatrach said Thursday it had signed a deal with Libya's National Oil Corporation to restart  its operations in the war-torn nation.   The Algerian group announced the deal during a visit to the neighbouring North African country by its...

Mali’s new leaders are unflinching in face of economic turmoilF

By Amaury Hauchard: Mali's ruling military junta has appeared unflinching so far in the face of economic sanctions imposed a month ago by the country's West African neighbours, despite indications the measures are beginning to bite. In response to the junta postponing...

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