Business & Economy Bound

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...

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...

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...

Tripoli, July 10, 2020 - The Libyan National Oil Company announced Friday the resumption of oil production and exports after a nearly six-month shutdown due to conflict dividing the country. "The NOC has lifted force majeure on all oil exports from Libya," the company...