Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]
UN Secretary-General António Guterres has fired Algerian diplomat who failed to bridge warring factions in Sudan and appointed Pekka Haavisto of Finland as his new Personal Envoy for Sudan. A UN statement says Mr. Haavisto brings over forty years of experience in politics and international affairs. He held several ministerial positions in the Government of Finland […]
France’s flagship carrier Air France in a statement has said it will wrap up flights to the Saudi capital Riyadh from next end this month because of “economic performance”. “Air France has decided to suspend its direct flights to Riyadh, Saudi Arabia as of February 1, and continues the cooperation with Saudi Arabian Airlines on […]
