Cevital turns to oil exports to soften the blow from end of subsidies

Cevital's founder Issad Rebrab.
Cevital's founder Issad Rebrab. © Ryad Kramdi/MaxPPP
The food giant set up by Issad Rebrab is worried about a historic contraction of the domestic market with the dismantling of subsidies planned by President Tebboune. As such the company is planning to increase its oil exports, in particular via its Geneva-based trading subsidiary. [...]
Published on 05.01.2022 at 05:00 GMT Reading time 3 minutes
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