Business & Economy Bound

Libya’s businesses in ruinF

Libyan businessman Mahmud al-Sharkassi surveyed the ruins of his factory on the outskirts of war-scarred capital Tripoli, disheartened but determined to get back to work. "This used to be the heart of my project. Everything started here," he said, looking over...

Algeria: The economic cost of the Covid-19 epidemic in AlgeriaF

Algiers, July 18, 2020- Algeria said Saturday that the coronavirus crisis on top of falling oil prices have caused unprecedented damage to its economy, including over $1 billion in losses in the public sector alone. "Algeria is facing an unprecedented difficult...

Tunisia: Protesters block key pipeline in TataouineF

Tunis, July 17, 2020 - Protesters demanding jobs in Tunisia's marginalised south have blocked a key pipeline carrying half the country's oil production after hundreds stormed a crude production site, the energy ministry said Friday. On Thursday demonstrators pushed...

Algeria: Sonatrach rep in Lebanon among those charged by judge in tainted fuel scandalF

Beirut, July 10, 2020 - A Lebanese investigative judge charged dozens of people including top officials Friday over a delivery of suspect fuel intended for the electricity sector, a judicial source and state media said. The "tainted fuel" case made headlines in March...

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