Economy

Ports traffic in Morocco increased by 12.4% in 2020

The Moroccan Ministry of Equipment, Transport, Logistics, and Water has said that ports traffic in Morocco reached 172.1 million tons in 2020 compared to 153.1 million tons in 2019, an increase of 12.4%. Moroccan ports have shown "resilience" to the Covid-19 pandemic, the ministry said in a statement on ports activity in 2020, noting that ...

14:38 Et April 17, 2021

Chinese economy sees record rebound in first quarter

A year after the start of the coronavirus pandemic, China's economy showed record growth of 18.3% in the first quarter of 2021, according to official figures released Friday. ...

11:30 Et April 16, 2021

Morocco second African investor in France

Morocco is the second African investor in France, said Thursday in Rabat, Stephane Lecoq, Director at Business France. According to MAP news agency, Lecoq who was speaking at ...

21:01 Et April 15, 2021

Moroccan Exports to Brazil Up 23.18% in First Quarter

Moroccan exports to Brazil reached more than $251.88 million in the first quarter of 2021, i.e. an increase of 23.18% compared to the same period last year, MAP ...

21:23 Et April 13, 2021

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 ...

14:07 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 ...

21:45 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 ...

19:59 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 ...

17:30 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 dominant market position for several years. The fine, about 4% of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China’s antitrust enforcement ...

11:36 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 ...

17:30 Et April 8, 2021
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