Business & Economy Bound

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...
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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...
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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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Energy: Morocco secures gas supply from SpainF

Spain on Thursday said it would help Morocco ensure its energy security by allowing it to transport supplies through the Maghreb-Europe gas pipeline (GME) following a supply crisis with Algeria. "Morocco has asked for support to guarantee its energy security on the...
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