Economy

Morocco, Spain Examine in Agadir Ways to Strengthen Cooperation in Fisheries Sector

The means to strengthen cooperation between Morocco and Spain in the fisheries sector were the focus of a conference debate held Thursday evening in Agadir, on collaborative opportunities and joint mechanisms to strengthen the contribution of scientific and technological research to the blue transformation of this industry. Chaired by the Minister of Agriculture, Maritime Fisheries, ...

11:35 Et February 4, 2023

Oil drops as Russian price cap proposal eases concerns about tight supply

Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations' proposed range for a price cap on Russian oil was higher than current trading ...

12:03 Et November 24, 2022

Facebook's Parent Company Meta Sacks Over 11,000 Employees, Reduces Workforce By 13%

Facebook's parent company Meta has laid off more than 11,000 employees, reducing its workforce by 13%, CEO Mark Zuckerberg announced on Wednesday. "I want to take accountability for ...

15:43 Et November 9, 2022

Mercedes-Benz becomes latest Western company to pull out of Russia

Mercedes has become the latest Western company to pull out of Russia, following the invasion of Ukraine in February. The German-based firm stopped manufacturing in and exporting to ...

14:15 Et October 26, 2022

Oil prices drop as China demand data disappoints

Oil prices slid 2% on Monday after Chinese data showed that demand from the world's largest crude importer remained lacklustre in September as strict COVID-19 policies and fuel ...

10:45 Et October 24, 2022

Saudi Arabia Eyes $10.6 Bln Investments in Global Supply Chains

Saudi Crown Prince Mohammed bin Salman has launched an initiative to attract investments worth 40 billion riyals ($10.6 billion) in supply chains. Bin Salman said the Global Supply ...

10:33 Et October 24, 2022

Saudi Arabia denies 'political motives' behind oil production cut

Facing a backlash from the US, Saudi Arabia on Wednesday denied accusations that political motives were behind the decision by oil producer group OPEC+ to cut production by ...

11:00 Et October 13, 2022

Oil prices up ahead of OPEC+ meeting

Oil prices increased on Wednesday due to soaring supply-side concerns fueled by anticipated supply cuts by OPEC+ producers. International benchmark Brent crude traded at $91.98 per barrel at ...

18:10 Et October 5, 2022

European stock markets open Tuesday with gains

Major European stock exchanges were higher at the opening bell on Tuesday. The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 0.48%, or 0.1.88 points, to 390.62. The UK's FTSE 100 index increased 0.32%, or 22.7 points, to 7,043.65. Germany's DAX 30 climbed ...

11:09 Et September 27, 2022

Cryptoverse: Bitcoin miners get stuck in a bear pit

Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with a surefire path to profit: hook powerful computers up ...

11:00 Et September 27, 2022
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