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Algeria’s Trade Deficit Worsens to Over $ 10 billion

Algeria trade deficit widened to $10.33 billion during the first nine months of 2015, against a $4.09 billion surplus a year earlier, after a sharp fall in energy earnings caused by global drop in crude oil prices. The new figures confirm the deteriorating economic situation in the North African country, member of the OPEC cartel. […]

Egypt to unveil IPO program details for state companies within 2 weeks

Egypt’s Prime Minister Mostafa Madbouly has announced the government’s intention to unveil the plan for offering state-run companies on the Egyptian Exchange (EGX) in 2023 within two weeks. Madbouly, Asharq business reports, indicated that the Cabinet would soon reveal the names of the companies to be offered on EGX throughout 2023. Egypt has been planning […]

Tunisia to Host Ministerial Meeting of Libya’s Neighbors

Tunisian capital Tunis will host on March 21 a regional ministerial meeting of Libya’s neighbors to discuss political turmoil which has crippled the North African country since the ouster of Gadhafi and is posing threats to the internal security of its neighbors due to the increasing expansion of terror Islamic State. The forthcoming meeting will […]