Economy

Maroc Telecom: Adjusted Group Share of Net Income up 2.5% in Q1

Maroc Telecom’s adjusted Group share of Net Income was up 2.5% at constant exchange rates in the first quarter of 2022 compared with the first quarter of the previous year, driven by growth in the net income from both Moroccan and international operations. "Maroc Telecom Group is relying on the momentum of its assets in ...

10:45 Et April 25, 2022

Outsourcing: Four MoUs Relating to Investment Projects Signed in Casablanca

Four memorandums of understanding (MoU) relating to investment projects in the outsourcing sector were signed Wednesday in Casablanca, with the aim of creating some 5,050 new direct and ...

11:10 Et April 21, 2022

Russia’s war to shrink Ukraine economy 45%, World Bank says

The World Bank says Ukraine’s economy will shrink by 45.1% this year because of Russia’s invasion, which has shut down half of the country’s businesses, choked off imports and ...

22:50 Et April 11, 2022

Associated Press: Oil prices, Ukraine war create Saudi pivot point

The world is looking to Saudi Arabia to boost oil production as global energy prices spike because of Russia’s invasion of Ukraine. But that could mean rethinking how ...

17:03 Et April 1, 2022

Morocco's OCP Group achieves turnover of MAD 84.3 Bln in 2021

OCP Group has achieved a turnover of 84.3 billion dirhams in 2021, up by 50% compared to 2020, thanks to sustained demand in the main importing regions and ...

11:34 Et March 27, 2022

Fuel: Morocco decides to support transport professionals to preserve purchasing power of citizens

The Moroccan government has announced, its decision to allocate support to transport professionals in order to preserve the purchasing power of citizens given the current situation, marked by ...

16:45 Et March 18, 2022

Morocco, UAE discuss means to promote trade, industrial relations

Moroccan Minister of Industry and Trade Ryad Mezzour held a working meeting on Sunday in Rabat with the Emirati minister of Industry and Advanced Technologies, Sultan bin Ahmed ...

16:50 Et March 14, 2022

Oil rises towards $130 as Russian crude struggles to find buyers

Oil rose towards $130 a barrel on Wednesday, supported by concern of a potential supply shock as the United States banned Russian oil imports and amid signs that ...

11:36 Et March 9, 2022

AU-EU Summit: Economy Minister Highlights Moroccan Experience in Financing Growth

Morocco's Minister of Economy and Finance, Nadia Fettah Alaoui, highlighted, last Thursday in Brussels, the Moroccan experience in mobilizing domestic resources to finance sustainable and inclusive growth, in complementarity with international initiatives. ''Further reforms should be supported in the sense of the optimization of expenditure and tax potential, and the use of innovative financing mechanisms ...

11:06 Et February 19, 2022

Maroc Telecom Group Generated Revenues of Nearly MAD 36Bln in 2021

The Maroc Telecom Group generated revenues of nearly 36 billion Dirhams (MAD) in 2021, down 2.7%. The good performance of the revenues of the Moov Africa subsidiaries and ...

16:50 Et February 17, 2022
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