Economy

European Commercial Vehicle market Up 24% in 8 Months

The EU commercial vehicles market posted a double-digit increase in the first eight months of 2021, enlarging by 24% on a yearly basis. In the 27-member bloc, commercial vehicle sales amounted to 1.3 million units during the January-August period year-on-year, the European Automobile Manufacturers' Association (ACEA) said on Friday. "Each of the four big EU ...

10:51 Et September 24, 2021

Polish Mission: Potential of Southern Provinces Allows for Open Investments in Entire African Market

The potential of the southern provinces allows for open Polish investments in the entire African market, said , Robert Jędrzejczyk, head of a Polish economic mission, on a ...

17:45 Et September 18, 2021

EU Passenger Car Market Expands In January-August

The passenger car market in the EU expanded 11.2% in the first eight months of 2021 compared to the same period last year, an industry association revealed on ...

12:30 Et September 16, 2021

Ambassador: Foreign Investors Increasingly Interested by Morocco's Southern Provinces

Foreign investors are increasingly interested by Morocco's southern provinces, which have become a lever for investment and growth, said the Moroccan ambassador in Warsaw, Abderrahim Atmoun. Atmoun, who ...

10:30 Et September 16, 2021

European Stock Markets Close Friday Down

Major stock markets in Europe closed lower on Friday. STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 European countries, ...

10:34 Et September 4, 2021

China’s manufacturing sector slows as export demand weakens

China’s factory activity decelerated in August as export demand weakened, a survey showed Tuesday. The monthly purchasing managers’ index of the Chinese statistics bureau and an official industry ...

16:00 Et August 31, 2021

Kuwait's economic makeover under threat as small businesses fight for life

Thousands of small and medium Kuwaiti businesses could go to the wall after being walloped by the pandemic, potentially torpedoing a private sector central to the country's efforts ...

13:44 Et August 12, 2021

Saudi oil giant Aramco sees half-year earnings climb to $47B

Saudi Arabia’s oil-producing company, Aramco, announced Sunday a net income of around $47 billion for the first half of the year, double what it earned over the same ...

14:00 Et August 8, 2021

Honda reverts to profit on recovery from pandemic damage

Honda returned to profitability in April-June, recording a 222.5 billion yen ($2 billion) profit, as better sales and costs cuts added to the Japanese automaker’s bottom line. Honda Motor Co. had racked up a 80.8 billion yen loss the same period the previous year, when the entire auto industry was hurt by the coronavirus pandemic. ...

10:45 Et August 4, 2021

Maroc Telecom Has Nearly 74 Million Customers in H1-2021

The number of Maroc Telecom Group's customers reached nearly 74 million in the first half of 2021, up 7.5% compared to the end of June 2020. This progress ...

22:00 Et July 28, 2021
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