Economy

Ambassador Underlines Potential of Trade between Morocco and Argentina

The potential for the development of trade between Morocco and Argentina is very important, particularly in the agro-industrial sector, said the Moroccan ambassador in Buenos Aires, Yassir Fares. According to MAP news agency, the diplomat, who was the guest of a local radio station, said that trade between the two countries ($ 600 million) remains ...

14:31 Et April 27, 2021

Maroc Telecom Group Generates Consolidated Revenues of 8.9 Bln DH in Q1 2021

Maroc Telecom Group revealed in a press statement that the group has generated consolidated revenues of DH 8,914 billion at the end of March 2021. In a difficult ...

16:45 Et April 24, 2021

Maroc Telecom Customer Base Reaches over 73 Mln Customers

Maroc Telecom Group's customer base reached more than 73 million at the end of March 2021, up 6.8% compared to the same period in 2020, the Group said ...

16:30 Et April 23, 2021

American Airlines posts $1.25 billion loss, delays new jets

American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it waits for ...

23:40 Et April 22, 2021

Australia cancels deal with China belt/road project

The government of Australia has scuttled a deal its Victoria state made with China as part of Beijing's massive Belt and Road Initiative (BRI), the Foreign Ministry has ...

17:30 Et April 22, 2021

Asian stocks fall as virus worries return to haunt markets

Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth ...

17:30 Et April 21, 2021

Oil hits $68 on Libya force majeure despite pandemic surge

Oil rose to $68 a barrel and hit its highest in a month on Tuesday, supported by disruption to Libyan exports and expectations of a drop in U.S. ...

20:35 Et April 20, 2021

COVID-19 repercussions continue: Morocco's air traffic decreased by 70.16% in 2021 Q1

Morocco's airports received 1,466,634 passengers in the first quarter of 2021, i.e. a 70.16% decline year-over-year, according to the National Airports Office (ONDA). Casablanca's Mohammed V airport received ...

14:05 Et April 20, 2021

Morocco’s ports traffic drops at March-end by 2.3%

The ports managed by the National Agency of Ports (ANP) recorded an overall traffic of 22.9 million tons (MT) at the end of March 2021, down 2.3% compared to the same period a year earlier, MAP news agency reported. The developments recorded show a decline in imports of 3.6% with a volume of 14.1 MT, ...

15:41 Et April 19, 2021

Morocco's Official Reserve Assets Up 3%

Morocco's official reserve assets amounted to 304.3 billion dirhams until April 9, 2021, up by 3% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) ...

19:15 Et April 18, 2021
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