Bloomberg Technology entrepreneur Karim Brahiti sees opportunities springing from the biggest threat Algeria’s economy has faced in decades. “The plunge in oil prices is a necessary evil that will force us to get out of our comfort zone and find alternatives,” said the 36-year-old Brahiti, now investing back home after years spent scouring for contracts in sub-Saharan Africa countries. “The ...

Bloomberg International business executives looking at Iran invariably see plenty of dollar signs, but there is always a caveat or two whenever the discussion turns to how and when to enter the country. Some point out that while Iran has a large, young and well-educated population, the Revolutionary Guards Corp is deeply entrenched in the economy. Others note that there ...

Reuters Riyadh-based ACWA Power is keen to buy assets from Saudi Electricity Co (SEC) if the state-controlled utility be broken up as planned, a senior executive said. Saudi Arabia’s utility regulator said last month that SEC would be split into several firms by the end of 2016 to increase efficiency. Political pressure for the long-contemplated change has increased greatly since ...