Category: Affairs

PM reviews implementation of UDF projects in Egypt

Prime Minister Moustafa Madbouli met Monday night with chairman of the Urban Development Fund Khaled Sediq to follow up on the implementation of UDF projects across Egypt.

Sediq posted Madbouli on progress achieved in the Darah Provincial Capitals De…

CBB Sukuk Al Ijara oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.

Subscriptions worth BD 102 million were received for the BD 26 million issue, which …

Bahrain All Share Index marks 2,012.77 points

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…

LMRA conducted 2,179 inspection campaigns

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…

Morocco’s Economic Growth Reaches 2.4% in Q2-2024

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…

Casablanca Stock Exchange Maintains Momentum, Opens in Green

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…

PM monitors efforts to secure petroleum supplies for power plants

Prime Minister Mostafa Madbouly held a meeting on Monday 30/9/2024 to discuss efforts to ensure a consistent supply of petroleum products for power plants.

Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minist…

Oil rises on Middle East supply risks

Oil prices rose on Monday, affected by increasing concerns about a possible disruption in supply from the Middle East region, after Israel intensified its attacks.

By dawn today, Brent crude futures for November delivery rose 16 cents, or 0.22%, to $…

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…