Business & Economy Bound

Ryanair, Europe’s largest low-cost airline, plans to base aircraft in Rabat from 2026, positioning Morocco’s capital as a new entry point for European travelers and expanding air connectivity beyond traditional hubs.

Egypt plans a major expansion of oil and gas exploration over the next five years as it seeks to stabilize natural gas output, restore export capacity, and integrate hydrocarbons into a broader energy transition strategy.

Algeria’s expanding wheat supplier list, including increased engagement with Canada, reflects a broader effort to reduce long-standing dependence on France as bilateral relations remain strained, turning food procurement into a quiet tool of economic recalibration.

The euro and the US dollar are trading at record levels on Algeria’s parallel currency market, widening the gap with official rates to more than 100%.