Economy and Trade
Algeria to Slow Imports, Seeks to Reduce Credit Risk with New Finance Law Measures
The Algerian government enacted substantial changes in the country’s finance law, a move considered by many as drastic and severe. The changes were issued as part of Algeria’s mid-term complementary finance law for 2009.
Spain to Lead a New European Economic Offensive in North Africa
Owing to booming oil revenues and aggressive sovereign wealth funds, rich Gulf countries have been leading the way as foreign investors in North Africa since 2003, as well as in the southern Mediterranean zone, displacing western investors....Maghreb Economic Performance: A Fair 2008, But Uncertain Outlook
Official data, as reported by North African governments and published by international financial institutions, seem to show that 2008 was not so bad for Maghreb economies after all. ...Is Libya Ready for the Private Sector?
Now that Libya reconciled with the West and has become the subject of praises from the likes of the IMF and the World Bank, the country will have to face a new set of realities that could either lead to sustained economic growth or deepen its dependency on foreign suppliers. ...Opinion: Time for Optimism
Is it possible that the global economic downturn that we are witnessing today may actually have a beneficial impact on the region? ...Algeria’s Pending Accession to Arab Free-Trade Zone Raises Tension in the Business World
Scores of Algerian business leaders have voiced their opposition to their country’s accession to an Arab free-trade zone (AFTZ). ...North African Companies Coping with the Global Economic Crisis
The global economic meltdown is being felt in different ways by North African companies but ultimately the outcome is the same: pain and uncertainty. ...French Exporters Dominate the Lucrative Maghreb Cereal Market
As the year 2008 draws to its end, the Algerians would have spent $1 billion to import French wheat. Morocco is also a big consumer and importer of wheat and other cereals....Growing Signs of a Cooling Tunisian Economy
Tunisia, the region’s most aggressive and best run economy has witnessed a cooling of its growth in late 2008, a trend that will persist in 2009....A Brief Look at Algeria’s Trade Relations with France and Japan
While Algerian officials are generally satisfied with their country’s economic ties with France, there is growing frustration over Japan’s position in general....What's new
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