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…
Manama, Mazad a local portfolio company of Bahrain Mumtalakat Holding Company “Mumtalakat”, announced its strategic partnership with Kanoo Real Estate, a subsidiary of the Yusuf bin Ahmed Kanoo Group, one of the region’s prominent and influential busi…
Cairo, The Gulf of Suez Petroleum Company (GUPCO) is planning to drill five new wells in North Safa and Al Wasl oil fields in the Gulf of Suez to develop oil reserves that exceed 100 million barrels and increase oil production to 15,000 barrels per da…
Manama, Bahrain All Share Index has closed at 1,975.11 points, marking a decrease of 3.15 points below the previous closing.
This decrease was due to the drop in the financial and industrial sectors.
Bahrain Islamic Index closed at 823.30 points, ma…
Stock Exchange (Casablanca) – The Casablanca Stock Exchange began trading slightly higher on Thursday, with its main index, the MASI, inching up by 0.06% to 13,649.58 points.
On Wednesday, the MASI had closed with a 0.28% gain.
Source: Agence Maroc…
The Ministry of Finance announced on Wednesday that the budget’s actual deficit hit KD 1.6 billion (nearly USD 5.2 billion) in the fiscal year 2023/2024.
The figure reflects a decrease of 17.9 percent compared to last year, according to a ministry pr…
Manama, As part of Bahrain Bourse’s (BHB) efforts to develop the Capital Market in Bahrain and enhance market liquidity, and following the approval of the Central Bank of Bahrain (CBB), Bahrain Bourse announces the launch of Technical (Uncovered) Shor…
Stock Exchange (Casablanca) – The Casablanca Stock Exchange closed on a positive note on Wednesday, with its main index, the MASI, rising by 0.28% to 13,641.18 points.
The MASI.20, an index comprising the 20 most liquid stocks, and the MASI.ESG, an i…