Economy

Renault Group Launches Production of Morocco's First Hybrid Car

The Renault Group in Morocco has officially commenced the production of the country's first hybrid car under the "Dacia Jogger" brand. The production process kicked off yesterday, Thursday, aligning with Renault's goal announced in March of last year to begin manufacturing the first hybrid car at the Tangier plant in 2024. On the sidelines of ...

22:01 Et July 12, 2024

Boeing to plead guilty to criminal fraud charge

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal ...

10:42 Et July 8, 2024

Energy Minister: Moroccan Gov’t Efforts Helped Attract Investors to Gas Sector

The Moroccan Government’s efforts during the current mid-term have enabled the development of an investment ecosystem capable of attracting investors to the gas sector and exploring its deposits ...

10:47 Et July 3, 2024

Spirit Aero to be broken up as Boeing agrees $4.7 billion stock deal

Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities in return for hundreds of millions ...

11:37 Et July 1, 2024

China's EV export boom fuels surge in demand for new car-carrying ships

Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the ...

20:26 Et April 10, 2024

OCP Nutricrops Launched: Accelerating a Global Shift to Customized Plant Nutrition

The global leader in soil and plant nutrition solutions, OCP Group, has announced the launch of a new subsidiary – OCP Nutricrops, to accelerate the Group’s transition to ...

16:11 Et April 2, 2024

Oil Up Due To Escalating Geopolitical Tensions

Oil prices increased on Thursday due to supply concerns fueled by Russia's decision to implement output cuts and the unsuccessful attempts to bring about a cease-fire in the ...

11:15 Et March 28, 2024

Adidas posts first loss in 30 years and warns on US

German sportswear giant Adidas, opens new tab posted its first annual loss in more than 30 years on Wednesday and warned sales in North America would fall again as ...

20:56 Et March 13, 2024

Oil Prices Up Following Strong Demand Outlook

Oil prices spiked on Wednesday following data released late Tuesday by the Organization of Petroleum Exporting Countries (OPEC) and the American Petroleum Institute indicating a positive demand outlook. International benchmark Brent crude traded at $82.22 per barrel at 10.44 a.m. local time (0744 GMT) for a 0.36% increase from the closing price of $81.92 a ...

11:00 Et March 13, 2024

Saudi Aramco boosts dividends despite profit fall

Saudi Aramco has reported a steep decline in profits, after the energy giant cut production and oil prices fell sharply in 2023. Its profits fell 25% to $121bn ...

20:09 Et March 10, 2024
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