Business & Economy Bound

Economy: Plethora of problems are hitting Algerian winemakers hardF

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...

Morocco: Business sector bracing for hard times ahead ($)F

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...

Companies: Series of blunders result in millions of dollars of losses to Algeria oil firm Sonatrach ($)F

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...

As Algeria-EU trade deal approaches, Algerian officials want new termsF

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...

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