Algeria’s main source of revenue, oil and gas company Sonatrach, has seen troubles piling up as it struggles to juggle with historically low oil prices. The company, which accounts for more than 90% of Algeria’s exports, was dealt another blow with the cancelation of a supply contract with Spain’s Naturgy. Sonatrach will be obliged to […]
Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]
United Airlines launches New York-Marrakech flight US carrier United Airlines launched on Friday a direct flight from New York to Marrakech, a first by an American airline to Morocco and North Africa. Patrick Quayle, the US company’s Senior Vice President of Worldwide Network and Alliances, and several United Airlines executives, and 35 travel consultants from […]
