Algeria-WB: Difficult to do business in Algeria

The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]

FIFA U20 World Cup: Morocco beat Brazil 2-1 to advance to knockout stage

Morocco U-20 National football team defeated on Thursday five-time champions Brazil 2-1 in Chile to qualify for the knockout stage of the world football tournament. The goals of the young Atlas Cubs were scored by Othmane Maamma with a stunning scissor in the 60th minute and Yassir Zabiri who lashed home with the outside of […]

Libya Announces Reopening of Key Oil Terminals, Triggering Fall of Crude

Libya’s oil production and export operations will resume to normal levels after General Khalifa Haftar, the military strongman controlling eastern Libya, agreed to allow four export ports (Ras Lanuf, Es Sider, Zueitina and Hariga) to reopen. The announcement was made Wednesday by the country’s National Oil Corporation, the only Libyan authorized body to export the […]