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    Algeria: Ministry of Commerce orders lifting ban on imported goods

    Algeria: Ministry of Commerce orders lifting ban on imported goods

    August 12, 2017

    Algeria’s Ministry of Commerce has ordered the release, without delay, of goods imported and blocked at the zones under customs control, for lack of issuance by domiciliation’s banks, ALG 24 website reported on Thursday.

    “I have the honor"...

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    Algeria: Commercial activity increased in the first quarter of 2017

    Algeria: Commercial activity increased in the first quarter of 2017

    August 2, 2017

    Commercial activity increased in the first quarter of 2017 in Algeria, particularly in agri-food and textiles sectors, but stock-outs were noted for some products, according to an opinion poll, conducted by the National Office of Statistics (ONS) to 533 business leaders (all legal sectors).

    According"...

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    Air Seychelles Introduces Scenic Flights Product

    August 17, 2017

    Air Seychelles has launched Scenic Flights, a new product offering more choice of activities to tourists visiting the island nation.

    The flights will give air travellers panoramic and bird’s eye views of Seychelles’ largest island Mahé at low altitudes.

    The"...

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    Climate change to reduce agricultural yields

    August 17, 2017

    Climate change will reduce crop yields such as rice, wheat and corn, according to a team of researchers released on Tuesday, APS reported. The authors drew their conclusions from 70 studies that had already been published, using a wide variety of methods, to show the effects of warming of the atmosphere on agriculture. Whether simulating the response of certain plants to temperature changes, extrapolations of meteorological data or the artificial warming of crop fields, all of these methods “suggest that rising temperatures are likely to have a negative effect on yield of wheat, rice and maize, the researchers said, whose findings were published in the proceedings of the American Academy of Sciences (PNAS).......

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    Nigeria: Cost of Producing Oil now $23

    August 17, 2017

    Nigeria’s National oil firm (NNPC) has revealed that the cost producing a barrel of crude oil is now $23, a significant drop that ensures it makes enough profit per barrel of oil, even though it still maintains a relatively high cost of production when compared to some other producing nations.

    The Nigerian National Petroleum"...

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    Barclays Retains Dividends in Kenya Despite Dip in Profit

    August 17, 2017

    Barclays Bank, one of Kenya’s biggest banks, has retained an interim dividend of Sh0.20 per share despite a 13 percent dip in profits.

    The Kenyan lender posted a Sh3.54 billion profit after tax in the six months to June 2017, as compared to Sh4.08 billion posted during the same period last year.

    According"...

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    Algeria: Food import bill reaches $ 4.44 billion in the first half of 2017

    Algeria: Food import bill reaches $ 4.44 billion in the first... July 26, 2017

    The food import bill has reached $ 4.44 billion in the first half of the current year (compared to $ 4.05 billion in the same half of 2016), while that of medicines dropped"...

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    Fluor’s Phosphate Megaproject in Saudi Arabia Begins Production 

    Fluor’s Phosphate Megaproject in Saudi Arabia Begins Production ... August 11, 2017

    Fluor Corporation (NYSE: FLR) announced today that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al Phosphate Project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer. Fluor is providing overall program management services for this $8 billion megaproject, in addition to engineering, procurement and operations and readiness services for various scopes.......

    

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