Economy

Arab Maghreb Union has 'tremendous' economic integration potential, Economist says

The Arab Maghreb Union has "tremendous" economic integration potential, according to Abdelaziz Ait Ali, senior economist at the Policy Center for the New South (PCNS). Speaking at "Africafé" program of the PCNS, Mr. Ait Ali underlined that the Arab Maghreb Union has a huge economic integration potential, given the several factors of rapprochement linking its ...

11:29 Et January 17, 2022

No sign of 'post-coronavirus boom,' German industry boss says

The economic upswing in Germany has not yet gathered pace, as the coronavirus pandemic continues to cause business widespread uncertainty, industry leaders said on Thursday as they presented ...

19:15 Et January 13, 2022

World Bank downgrades 2022 global growth forecast to 4.1 pct

The global economy is on track to grow by downwardly revised 4.1 percent this year amid new waves of the pandemic, rising inflation and continued supply chain bottlenecks, ...

20:00 Et January 12, 2022

China foreign minister in Sri Lanka to discuss Belt and Road

Chinese Foreign Minister Wang Yi was in Sri Lanka on Sunday seeking to advance Beijing’s ambitious Belt and Road Initiative as the island nation tries to rescue itself ...

15:30 Et January 9, 2022

China's market regulator fines Alibaba, Tencent for failing to report deals

China's top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd, Tencent Holdings Ltd, and Bilibili Inc for failing to properly report about a ...

11:20 Et January 5, 2022

Oil prices slip as China cuts import quotas

Oil prices eased on Thursday after the world's top importer China cut the first batch of crude import allocations for 2022, offsetting the impact of U.S. data showing ...

11:37 Et December 30, 2021

Morocco's Manufacturing Industries: 0.5% Rise in Producer Prices in Nov

The producer price index of the "Manufacturing industries excluding oil refining" sector posted an increase of 0.5% during November 2021 compared to October 2021, according to the High ...

18:02 Et December 29, 2021

Turkish lira slides almost 8% after intervention-driven surge

The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey's monetary policy, having surged more than 50% last week after billions of ...

11:41 Et December 27, 2021

Oil Prices Mixed Ahead Of Christmas Holiday

Oil prices mixed on Friday as investors were cautious due to the surging COVID-19 omicron variant, although new findings that omicron to be milder than previously thought. During a thin trading in pre-Christmas trading, international benchmark Brent crude was trading at $76.52 per barrel at 0659 GMT for a 0.10% decrease after closing the previous ...

13:30 Et December 24, 2021

European Commercial Vehicle Market Narrows In November

The EU commercial vehicle market continued shrinking for the fifth month in a row in November, a sectoral group announced Thursday. New commercial vehicle registrations across the 27-member ...

15:30 Et December 23, 2021
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