Business & Economy Bound

Dire labor market in Morocco: government chooses mass layoffs to deal with pandemic effects on businessesF

Morocco’s labor marker is in disarray. Even if you believe the government’s unreliable statistics, the country is bracing for a 15% unemployment rate by the end of this year. The projection, although bad enough, does not seem to take into account the thousands of...

Libya: As Libyans hope of some normalcy, Afriqiyah Airways resumes Tripoli-Benghazi flightsF

Flights between the Libyan capital and Benghazi resumed Friday after an 18-month halt, amid an a easing of tensions between a Tripoli-based administration and rival authorities in the eastern city. "An Afriqiyah Airways plane... landed on Friday morning at Benina...

Tunisia: Worsening economy risks destabilizing TunisiaF

Tens of thousands of Tunisians have lost their jobs in a worsening economic crisis exacerbated by efforts to stem rising cases of novel coronavirus, a key employers' federation has warned. "The first wave of the epidemic (March to June) resulted in the loss of 165,000...

Tunisia’s tourism sector collapses with 60% drop in earningsF

Tunisia's tourism sector has collapsed, officials warned Saturday, with earnings plunging 60 percent and swathes of hotels at risk of closing permanently. The sector, a major employer that accounts for 14 percent of the North African nation's GDP, has been hit hard by...

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