Al-Ahli Bank of Kuwait announced on Saturday that it achieved net profits of KD 29.06 million (around USD 95.8 million) in the first half of 2024, a growth of 22 percent year-on-year, with earnings per share at 12 fils. The Al-Ahli Bank Group said in …
The US Department of Commerce said Friday that it signed a non-binding preliminary memorandum of terms (PMT) with Amkor Technology, Inc., to provide up to USD 400 million in proposed direct funding under the CHIPS and Science Act.
President Biden sig…
Director General of the Moroccan Agency for Nuclear and Radiological Safety and Security (AMSSNuR) Saïd Mouline took part in the annual meeting of the International Atomic Energy Agency’s (IAEA) Collaborating Centres, held on July 17-19 in Beijing.
B…
Several high-level working meetings on the strategic Nigeria-Morocco African Atlantic Gas Pipeline project were held on July 15-19 in Rabat, between all the countries involved and representatives of the Economic Community of West African States (ECOWA…
Morocco’s economic growth is forecasted to climb to 4.6% in 2025, based on current assumptions, announced Nadia Fettah, the country’s Minister of Economy and Finance, during a press briefing in Rabat on Thursday.
This optimistic projection follows an…
The Casablanca Stock Exchange closed trading in the green on Friday, with its benchmark index, the MASI, rising by 0.82% to 13,773.16 points.
The MASI.20, an index of the 20 most liquid stocks, and the MASI.ESG, an index of companies with the highest…
The Board of Directors of the African Development Bank (AfDB) Group approved financing of 120 million euros (pound M) to support Morocco’s Governance and Climate Change Resilience Support Programme (GCRRP) – Phase 1.
The main objective of this progra…
Minister of Industry and Trade Ryad Mezzour and Ivorian Minister of Foreign Affairs, African Integration and Ivorians Abroad Kacou Houadja Léon Adom discussed, here on Friday, the means of strengthening economic and commercial cooperation between Moro…