Business & Economy Bound

Libya restores maritime link with Turkey after a 40-year breakF

A ferry set sail on Wednesday from the Libyan port of Misrata to Turkey's coastal city of Izmir, 40 years after the last passenger vessel plied the route. Libya has not been serviced by any international ferries for 25 years. Travel links with and within the country...
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Tunisia seeks IMF support for a $4 billion loanF

The IMF has received a request for aid from the new government in Tunisia and discussions over a new loan program have already started, the Washington-based crisis lender said Thursday. The North African country is facing a serious economic crisis that is discouraging...
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Algeria: Series of audits unveils dismal practices and secrecy in public fund managementF

Operating outside of the democratic principals and without any legitimacy, the various regimes that governed Algeria managed the state money without any transparency. Billions of dollars have been spent in projects that often never saw the light of day. Government...
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Egypt: The business of money-pooling apps in EgyptF

By Hager Harabech Cash-strapped Egyptians fearful of banks have long relied on a "gameya" to access money in time of need, but now tech startups are cashing in on the age-old money-pooling association. Navigating an app with strangers is "easier and safer" than the...
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