Business & Economy Bound

Business: Algeria puts an end to Maghreb pipelineF

Algeria will from now on deliver its natural gas to Spain exclusively through an undersea pipeline, ministers from both countries reportedly said Wednesday, after Algiers abandoned use of a line through Morocco. In August Algeria cut diplomatic ties with its Maghreb...
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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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