Economy

Airbus Expects 39,000 New Aircraft Sales Till 2040

Aircraft manufacturer Airbus forecasts new aircraft sales of 39,000 units, both in passenger and freighter categories, until 2040 due to retirement of older vehicles and increasing demand for air transport. "By 2040 the vast majority of commercial aircraft in operation will be of the latest generation, up from some 13% today, considerably improving the CO2 ...

15:30 Et November 18, 2021

Morocco's Southern Provinces: Huge Investment Opportunities to Seize

The southern provinces of the Kingdom are full of huge investment opportunities that must be seized, said Tuesday in Abu Dhabi, Jamal Seif Al-Jarwan, Secretary General of the ...

11:23 Et November 18, 2021

Morocco, Romania Discuss in Tangier Reinforcement of Economic Relations

The strengthening of economic relations between Morocco and Romania was the focus of a meeting, held Tuesday in Tangier, between the President of the Council of Tangier-Tetouan-Al Hoceima ...

18:32 Et November 17, 2021

AIM 2022 Launches Prizes for Startup Pitching Competition

The Annual Investment Meeting (AIM) which is considered one of the world’s renowned and leading investment platforms, will be providing prizes for startups at the startup pitch competition ...

16:30 Et November 15, 2021

Asian Markets Close Monday Mostly With Gains

Stock markets in Asia ended Monday mostly with gains following strong economic data from China. The Asia Dow, which includes blue-chip companies in the region, rose 25.2 points, ...

12:04 Et November 15, 2021

Pace of Europe's economic recovery hit by high energy costs

The European Commission on Thursday revised downwards its outlook for next year, warning that staggering energy prices would impact utility bills and affect people's spending power and investment. ...

20:30 Et November 12, 2021

Japan's Toshiba says it will split into 3 firms

Japanese tech giant Toshiba Friday announced a plan to split into three companies "to create enhanced value for shareholders", according to a company statement. The decision came after ...

15:30 Et November 12, 2021

Toyota lifts forecast despite pandemic’s supply chain damage

Japan’s top automaker Toyota reported Thursday a 33% jump in second fiscal quarter profit, as it raised its full year forecast despite supply chain woes related to the ...

15:30 Et November 4, 2021

Tesla's $1 trillion value a double bonanza for Musk

The surge in Tesla Inc's stock market value beyond $1 trillion on Monday is a double bonanza for Chief Executive Elon Musk, the electric car maker's largest shareholder. The stock rallied 12.7% on news that Tesla landed its biggest-ever order from rental car company Hertz. With Tesla's stock at a record high close of $1,024.86, ...

19:55 Et October 26, 2021

Saudi imports from UAE jump back up in August

The value of Saudi Arabia's imports from the United Arab Emirates (UAE) in August increased by about 31% month on month, official data showed on Monday, jumping back ...

12:12 Et October 25, 2021
Fri 12:00
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14.42
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Mon
14.92
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Tue
14.54
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Wed
14.92
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