Oil prices rise after robust China data

Oil prices rose on Tuesday after strong Chinese import data but markets broadly shrugged off Middle East tensions which have so far not disrupted oil supply. Brent crude oil futures were up 61 cents, or 1%, at $63.89 a barrel by 1221 GMT while U.S. crude oil futures gained 53 cents, or 0.9%, to $60.23 ...

2:07 pm Et April 13, 2021

Morocco to Launch Digital Investment Platform Dedicated to Expatriates

A digital investment platform for Moroccans living abroad will be launched soon, said minister delegate in charge of Moroccan Expatriates, Nezha El Ouafi. This platform is an organized ...

9:45 pm Et April 11, 2021

WB President Welcomes Morocco's Strategy to Mitigate Crisis' Effects

The President of the World Bank Group (WB) David Malpass, welcomed Friday Morocco's proactive and anticipatory strategy to mitigate the effects of the health crisis, Morocco’s news agency ...

7:59 pm Et April 10, 2021

German industrial production down again in February

Industrial production in Germany dropped for a second consecutive month in February, official data showed Friday, a showing that increases the likelihood of Europe’s biggest economy having contracted ...

5:30 pm Et April 10, 2021

China fines Alibaba record $2.75 billion for anti-monopoly violations

China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its ...

11:36 am Et April 10, 2021

Beijing now has more billionaires than any city

Beijing is now home to more billionaires than any other city in the world, according to the latest Forbes' annual rich list. The Chinese capital added 33 billionaires ...

5:30 pm Et April 8, 2021

EU: Unemployment rises to 7.5% Y-O-Y in February

The EU's unemployment rate rose to 7.5% year-on-year in February, up from 6.5%, the bloc's statistical office said on Tuesday. The eurozone unemployment rate was also up from ...

1:13 pm Et April 6, 2021

Moroccan economy activity refreshed by 0.7% in Q1-2021

The Moroccan High Commission for Planning (HCP) has revealed in its recent economic report that economic activity in Morocco has increased by 0.7% in the first quarter of ...

8:18 pm Et April 5, 2021

Morocco's Official Reserve Assets Up 19.6%

Morocco's official reserve assets amounted to 306.7 billion dirhams until March 26, 2021, up by 19.6% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said. During the week of March 25-31, the dirham appreciated by 0.26% against the euro and depreciated by 0.51% against the dollar, according to BAM's weekly ...

11:15 am Et April 5, 2021

Morocco's Investments in Africa Reached MAD 5.4 Bln in 2019

Morocco's investments in Africa have increased from 907 million dirhams in 2007 to 5.4 billion in 2019, according to the Department of Studies and Financial Forecasts (DEPF), under ...

7:28 pm Et April 4, 2021
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