Business & Economy Bound

Libyan’s electricity crisisF

By Hamza Mekouar: Walk down any commercial street in the Libyan capital Tripoli and the pavements will be lined with generators ready to spring into action whenever the mains electricity supply cuts out. In the decade since the NATO-backed overthrow of longtime...
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Algeria says it will end natural gas transiting deal with MoroccoF

Algeria said Thursday it was ready to divert all its Spain-bound natural gas exports via an undersea pipeline that bypasses Morocco, state media said, two days after Algiers cut ties with its North African rival. In a meeting with Spanish Ambassador Fernando Moran,...
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Libya: Countries jockeying for lucrative projects in Libya when stability returnsF

By Hamza Mekouar A decade after Libya descended into chaos, a host of countries are eyeing potential multi-billion-dollar infrastructure projects in the oil-rich nation if stability is assured. Economist Kamal Mansouri expects Libya's reconstruction drive to be one of...
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Tunisian president accuses hundreds of businessmen of corruptionF

By Romain Fonsegrives: Tunisia's President Kais Saied accused 460 businessmen of embezzlement as he declared a crackdown on corruption, days after grabbing power in what his opponents have labelled a "coup".  Saied, who suspended parliament for 30 days and seized all...
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