Category: Affairs

During a recent meeting convened by Prime Minister Mustafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Essmat reported that efforts to tackle electricity theft have led to the recovery of around LE 1.2 billion within a month and a h…

Manama, Bahrain All Share Index has closed at 2,012.77 points marking a decrease of 0.92 points below the previous closing.

This decrease was due to the drop in the consumer discretionary sector, financial sector and real estate sector.

Bahrain Isl…

Manama, The Labour Market Regulatory Authority (LMRA) announced the implementation of 2,179 inspection campaigns and visits, during the period of 22 – 28 September 2024, which resulted in the detention of 40 violating and irregular workers, while 151…

Rabat – The national accounts for the second quarter of 2024 show a slowdown in the growth of the national economy to 2.4%, compared with 2.5% in the same quarter of 2023, according to the High Commission for Planning (HCP).

Driven by domestic demand…

Abidjan – The Board of Directors of the African Development Bank (AfDB) Group approved a pound 70-million financing facility for Bank of Africa Maroc (BOA) to promote African trade.

The package comprises a 50 million euro Risk Participation Agreement…

The Director General of the General Company for Iraqi Ports, Farhan Al-Fartousi, announced today, Monday, the completion of all sections of the project to build five berths within the project to establish a container terminal for the Grand Faw Port.

…

Stock Exchange (Casablanca) – The Casablanca Stock Exchange started trading on the green on Monday with its benchmark index, the MASI, rising by 0.3% to 14,492.87 points.

On Friday, the MASI had closed with a 0.55% gain.

Source: Agence Marocaine De…

Manama, Gulf Air, the national carrier of Bahrain, announced the expansion of their longstanding partnership with Thai Airways, further strengthening their commitment to providing passengers with seamless travel options across their combined networks…

Manama, Bahrain All Share Index has closed at 2,013.69 points, marking a decrease of 0.18 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 805.87 points, marking a dec…

Beijing, China’s central bank conducted 182 billion yuan (about 25.96 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Sunday.

The move aims to keep liquidity in the banking system reasonable and ample at the end o…

Prime Minister Moustafa Madbouli reviewed a number of work files with Finance Minister Ahmed Kouchouk, in the presence of several ministry leaders.

At the beginning of the meeting, Kouchouk referred to the ministry’s efforts regarding the government’…

Minister of Investment and Foreign Trade Hassan Al-Khatib is heading to the French capital, Paris, on his second European tour. The visit includes holding official meetings with representatives of major French companies and the French business communi…