Economy

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 Thursday. Automobile registrations across the 27-member bloc stood at 6.8 million units in January-August, the European Automobile Manufacturers' Association (ACEA) said in a statement. "Despite the weak ...

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 ...

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

Asian shares fall on virus fears; oil falls after OPEC deal

Asian shares fell Monday across the board amid deepening pessimism over rising COVID-19 infections in the region. Oil prices dropped further after oil producing nations agreed to raise production limits. Benchmarks sank in Tokyo, Hong Kong, Sydney, Shanghai and Seoul, while European markets opened lower and U.S. futures also declined. Experts are saying Indonesia has ...

14:00 Et July 19, 2021

Morocco: Budget Deficit of MAD 29.5 Bln at End of June

The situation of Treasury charges and resources for the first half of 2021 in Morocco shows a budget deficit of 29.5 billion dirhams, against a deficit of 29 ...

17:39 Et July 16, 2021
Fri 15:00
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Tue
16.89
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Wed
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