INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Algeria to re-open land border with Tunisia: president

In this file photo taken on December 15, 2021 Tunisia's President Kais Saied (R) shakes hands with Algeria's President Abdelmajid Tebboune (L). AFP
  • Passengers had been blocked from crossing the border since March 2020 to stop the Covid-19 illness spreading, although cargo traffic had continued
  • Being cut off from a neighbour of some 44 million people has dealt a serious blow to Tunisia's tourism industry

Algeria said Tuesday it would reopen its land border with Tunisia later this month, more than two years after it was shut at the height of the coronavirus pandemic.

“We have taken the joint decision to reopen the land border from July 15,” said President Abdelmadjid Tebboune.

He was speaking at Algiers airport alongside his Tunisian counterpart President Kais Saied, who was leaving the country after attending a huge parade marking 60 years since Algeria’s independence from France.

Passengers had been blocked from crossing the border since March 2020 to stop the Covid-19 illness spreading, although cargo traffic had continued.

Being cut off from a neighbour of some 44 million people has dealt a serious blow to Tunisia’s tourism industry.

More than three million Algerians usually visit the country every year, according to local media.

Air and sea links between the two countries were restored in June 2021.