Business and Companies - Page 4
98 articles
Air Algérie Opens Bookings for Four New International Routes
Air Algérie has launched reservations for new routes from Algiers to Berlin, Conakry, Brazzaville, and Lagos/Abuja, expanding its international network and reinforcing Algiers as a regional hub between Europe and sub-Saharan Africa.
Vivo and STI Launch Smartphone Manufacturing Plant in Oran
A new smartphone factory has begun operations in Oran, Algeria, through a partnership between STI and Chinese brand Vivo. The facility aims to ramp up production from 2,000 to 6,000 units daily, with significant job creation expected.
Security Forces Shut Down Ahlia Cement Plants in Zliten and Khoms
Libyan security forces have closed the state-owned Ahlia Cement company's plants in Zliten and Khoms, amid conflicting reports of corruption and market manipulation, raising concerns over cement supply and governance in the sector.
Egypt's Top 10 Developers Reach EGP 670bn in H1 2026 Sales
Egypt's leading real estate developers posted EGP 670bn in combined sales for H1 2026, a 2.9% increase year-on-year, even as unit sales declined, highlighting the impact of rising property prices on the market.
Libya Suspends 27 Companies Over Foreign Trade Compliance Review
Libya's Ministry of Economy and Trade has halted the commercial activities of 27 companies as it investigates their adherence to foreign trade regulations on letters of credit, affecting over $146 million in import financing and signaling tighter oversight.
AGOCO and Baker Hughes Discuss Expanding Oilfield Technology Cooperation
Libya's Arabian Gulf Oil Company is exploring deeper collaboration with Baker Hughes to enhance oilfield services and deploy advanced digital technologies, aiming to strengthen operational capacity and technical standards in the Libyan energy sector.
Chinese Nantong Construction to Finance Industrial Projects in Libya
Chinese Nantong Construction Company has signaled readiness to finance multiple investment and industrial projects in Libya, following discussions with the Ministry of Housing and Reconstruction. The move could accelerate Libya's industrial recovery and deepen Sino-Libyan cooperation.
Sonatrach Subsidiary ADC Affirms Stability at Fouka 1 Desalination Plant
Algerian Desalination Company, a Sonatrach subsidiary, states that the Fouka 1 seawater desalination plant is operating at normal capacity, with only brief, scheduled production dips, ensuring continued water supply to central Algeria.
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