Egyptian Prime Minister Moustafa Madbouli has witnessed the signing of a memorandum of understanding (MoU) between Egypt and the UAE to cement bilateral petroleum co-operation.
The signing ceremony was held Thursday 8/8/2024 at the government headqua…
Egypt and the UAE joined a strategic partnership, by signing a memorandum of understanding (MoU). This landmark agreement sets the stage for the establishment of a cutting-edge logistics trading zone in the Mediterranean region, with investments proje…
Egypt and the UAE joined a strategic partnership, by signing a memorandum of understanding (MoU). This landmark agreement sets the stage for the establishment of a cutting-edge logistics trading zone in the Mediterranean region, with investments proje…
Rabat – France was the leading investor in Morocco for 2023, with a net flow of 6.8 billion dirhams (MAD), compared with MAD 3.8 billion in 2022, an increase of 79.5%, according to the Foreign Exchange Office.
This flow reflects a 61.4% share of the …
Rabat – Remittances from Moroccan expatriates reached record 115.3 billion dirhams in 2023 compared to 110.8 billion dirhams a year earlier, according to Morocco’s Foreign Exchange Office.
The average annual growth rate of these remittances over the …
Manama, Aluminium Bahrain (Alba), the world’s largest single-site smelter, and Daiki Aluminium Industry Company, Japan’s leading aluminium product manufacturer, announced today a strategic partnership to establish a sustainable aluminium dross process…
Stock Exchange (Casablanca) – The Casablanca Stock Exchange got off to a good start on Wednesday, with its benchmark index, the MASI, gaining 0.07% to 13,814.68 points.
On Tuesday, the MASI had closed with a 1.49% gain.
Source: Agence Marocaine De …
Rabat – The net flow of foreign direct investments (FDI) in Morocco reached 11.1 billion Moroccan dirhams (MAD) in 2023, compared to MAD 23 billion in 2022, a decrease of 51.7%, according to the Foreign Exchange Office.
According to the Office’s 2023…
Singapore, Oil prices recovered in Asian trading on Wednesday, but gains were capped by weak demand.
Brent crude futures rose 17 cents, or 0.16%, to $76.60 a barrel by 0615 GMT. U.S. West Texas Intermediate crude rose 17 cents, or 0.23%, to $73.37.
…
Oil prices rose on Wednesday from their lowest levels in several months, amid concerns that production will be affected by rising tensions in the Middle East.
Brent crude futures rose in European markets by $1.10, or 1.4 %, to $77.58 a barrel, while …
The Ministry of Planning held a joint meeting today, Wednesday, with representatives of the World Bank, to discuss the progress made in implementing projects funded by the World Bank, and the problems and obstacles facing their implementation.
The Di…
Finance Minister Ahmed Kouchouk said his ministry will work for launching new financial instruments for the local market over the period ahead.
The ministry will also focus on facilitated finance from financing institutions, paying special attention …
Tripoli: The National Safety Authority announced the death of two young men after a fire broke out at a caf© in the Abu Salim area of Tripoli on Friday evening.
According to Libyan News Agency, the Authority stated that firefighting teams from both …
Tripoli: The National Safety Authority announced the death of two young men after a fire broke out at a caf© in the Abu Salim area of Tripoli on Friday evening.
According to Libyan News Agency, the Authority stated that firefighting teams from both …
Tripoli: A meeting took place in Tripoli involving Abdelhamid Dbaiba, the head of the Government of National Unity, and representatives from KBR, focusing on project management, governance, and institutional reform.
According to Libyan News Agency, …
Tripoli: GECOL continues emergency maintenance work to enhance network stability in Tripoli and Sabha. The company is actively conducting maintenance activities in key areas to improve the electrical grid’s readiness, ensure a stable power supply, and…
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