Business & Economy Bound

Libyan strongman Khalifa Haftar announced Friday a conditional lifting of a months-long blockade on oilfields and ports by his forces. "We have decided to resume oil production and export on condition of a fair distribution of revenues" and guarantee they "will not be...

Sidi Bel Abbes, Algeria - Algerian winemaker Dahmane Hamamouche used to rise early and rush to work each morning, but he no longer bothers, as his firm chokes on a cocktail of woes. Long accustomed to nasty surprises including unpredictable weather patterns and...

The Moroccan economic sector is struggling with the effects of Covid-19. Some businesses are being punished for breaching the confinement rules, others are on the brink of bankruptcy, with the prospect of seeing hundreds of thousands of people out of work. For lack of...

After the disastrous oil leaks last week that took place on one of its pipelines in El-Oued and the problems that prompted a halt in activity in the LNG facilities in Skikda and Arzew on 7 September, Sonatrach experienced an explosion that reportedly damaged a large...