Category: Business

New shipping lines boosted Morocco-Saudi Arabia trade Exchanges

August 25, 2022

The Jeddah port has contributed to enhancing commercial ties with Morocco and supporting Saudi exports through six new maritime lines and basic services that played ... Read More

Morocco well-placed to benefit from reconfiguration of global supply chains- specialized media

August 25, 2022

Morocco has bolstered its standing as a strategic business hub offering propitious conditions for industrial firms seeking to stabilize their supply chain after the recent ... Read More

Morocco: Imported inflation leaves little room for fiscal or monetary intervention

August 25, 2022

Morocco, like most energy importing countries, is facing the fallout of an imported inflation that sent up the prices of basic commodities in the international ... Read More

Saudi central bank grants license to two new fintech firms

August 24, 2022

The Saudi Central Bank (SAMA) Tuesday issued operation permits to “Lean Technologies” and “Mod5r”, two companies which will provide Open Banking Solutions. The permits are ... Read More

TotalEnergies abandons Algeria project for bureaucracy problems

August 24, 2022

French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The ... Read More

State of Angola’s economy taking centre stage in the polls

August 24, 2022

After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most ... Read More

Japan establishes committee to assist investors in Tunisia

August 23, 2022

The Japanese ambassador to Tunisia Monday announced the launch of a committee tasked to boost investments and assist Japanese investors in overcoming challenges, mainly administrative ... Read More

IMF urges Egypt to cancel low-interest loans initiatives as talks enter final phase

August 23, 2022

The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses ... Read More

Riyadh-based Tamara platform raises $100m in Serie B around

August 23, 2022

Gulf buy now, pay later (BNPL) Tamara platform said on Monday it raised $100 million in a second round of fundraising from investors, including Sanabil ... Read More

Farming: Morocco, EU’s 1st supplier of tomatoes

August 23, 2022

Morocco remains the first supplier of the European Union market with fresh tomatoes, confirming its competitive edge and strong strategic partnership sealed the European bloc. ... Read More