Business & Economy Bound

North Africa’s skilled workers looking to leave their countries in drovesF

Subscriber access:  Algeria is experiencing a mass exodus of medical doctors and other skilled professionals, challenging its efforts to contain the Covid-19 crisis and deal with the other emerging crises. The public sector is the most affected, with doctors, nurses...
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Egypt: Access toll on Suez Canal increases by 6%F

Egypt's Suez Canal Authority said Thursday it will hike transit tolls on the key waterway by six percent, after netting record revenues last tax year even amid the coronavirus pandemic. The new fees will come into place from February 2022, but tourist vessels and...
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Algeria to halt gas exports to Spain via MoroccoF

Algerian President Abdelmadjid Tebboune on Sunday ordered state energy firm Sonatrach to halt gas exports to Spain through a pipeline that traverses Morocco due to tensions with Rabat.  Algeria, Africa's biggest natural gas exporter, has been using the...
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Elusive peace: Libyan militias damage only functioning oil refinery during violent clashF

Libya's only operational oil refinery was "severely" damaged after gunmen battled for three hours around the complex, the National Oil Corporation said. "The Zawiya Oil Complex was severely damaged as a result of skirmishes by armed groups," Libya's state oil company...
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