Category: Affairs

Morocco’s FDI Reach Record MAD 16.1 Bln in Jan-May

Foreign direct investment (FDI) reached a record 16.1 billion dirhams (MAD) at the end of May, up almost 20% compared to the same period a year earlier, Government Spokesperson, Mustapha Baitas said on Thursday.

This record increase, considered to be…

Bahrain All Share Index marks 2,015.74 points

ManamaBahrain All Share Index has closed at 2,015.74 points, marking a decrease of 1.41 points below the previous closing.

This decrease was due to the drop in the communication services sector and the financial sector.

Bahrain Islamic Index has clo…

16,000 tons of goods handled at Red Sea Ports

About 16,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said the imports included 6,500 tons of goods, 477 trucks and 292 cars, while the exports included …

Oil prices closed approximately 2 % higher at settlement

Oil prices closed, Monday, up about two percent at settlement, recording the highest level in two months, amid expectations of increased demand during the peak summer travel season in the Northern Hemisphere.

Brent crude futures rose $1.60, or 1.9 %,…

PM : North Coast icon to attract foreign investments

Prime Minister Moustafa Madbouli asserted that the North Coast of Egypt is one of the key icons that can attract direct foreign investments and is a global tourist destination.

In his speech during a conference declaring an investment partnership pro…

Morocco Elected to UNESCO’s ICC-MAB Chairmanship

Morocco was elected on Tuesday to the presidency of the International Coordinating Council of the Man and Biosphere Programme (ICC-MAB) during the Council’s 36th Session held on July 1-5 in Agadir.

Represented by Latifa Yaacoubi, Director General of …

Jadu Filling Station to Enhance Fuel Access for Residents

Tripoli: The Jadu filling station will enhance access to fuel services for the city’s residents and surrounding areas. Brega Oil Marketing Company announced on Tuesday the completion of civil and construction works for the instant fuel filling station…