Business & Economy Bound

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...

Algiers, Aug 23, 2020 - Days ahead of a final deadline, activation of a long-planned Algeria-EU trade deal risks unravelling as political and business leaders in the North African country warn it will undermine economic sovereignty. The deal is meant to come into...

Opec ministers stuck to an agreement to lower oil production at a monthly meeting Wednesday, underlining that only strict compliance could restore stability to prices undermined by the coronavirus pandemic. Ahead of a virtual meeting of OPEC and non-OPEC producers,...

Tripoli, Aug 11, 2020 - Flights out of the Libyan capital's only working airport have resumed, after a four-month suspension due to fighting and a shutdown to curb the coronavirus pandemic. The first flights took off Sunday from Mitiga airport in Tripoli's eastern...