Business Emerging Markets Europe Headlines International Libya

Libya-Italy trade exchanges reach nearly €9 billion

Annual trade exchanges between Libya and Italy currently stand at approximately €9 billion, providing a solid foundation for future growth and economic collaboration. This figure, reported by Italy’s Nova news agency on October 27, on the eve of the Libyan-Italian Business Forum, scheduled for October 28 in Tripoli, underscores the significant economic interdependence between the […]

Business Europe Headlines International Morocco

Morocco, Spain discuss means to strengthen trade exchanges

President of the Federation of Moroccan Chambers of Commerce, Industry and Services (FCMCIS), Lhoucine Alioua, and Spain’s Ambassador to Morocco, Ricardo Díez-Hochleitner Rodríguez, discussed means to strengthen trade and economic exchanges between the two countries. During these talks, held in Rabat, the two sides welcomed the development of bilateral cooperation relations, including in matters of […]

Asia Business Headlines International Morocco

New shipping lines boosted Morocco-Saudi Arabia trade Exchanges

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 a key role in increasing trade exchanges volume by 117 pc, reported Saudi news agency. This major stride, achieved thanks to the deal sealed by the Federation of Saudi Chambers […]

Americas Business Emerging Markets Headlines International Morocco

Morocco-Brazil trade exchanges up 18.2 % in Q1 2022

Trade exchanges between Morocco and Brazil reached $466.3 million in the first quarter of 2022, or 18.2 pc increase compared to the same period of last year. According to data released by Brazil’s economy ministry, Moroccan exports to Brazil dropped to $223.5 million in Quarter 1 2022 from $251.8 million recorded from January to March […]

Americas Business Headlines International Morocco

Morocco, largest Arab exporter to Mexico in 2020

Morocco was the largest Arab exporter to Mexico in 2020, with more than $298 million of products exported, according to the Mexican Foreign Trade Council (COMCO). The Kingdom’s exports are mainly made up of calcium phosphates, vehicles and planes spare parts as well as fishery products. Moroccan exports to the second largest economy in Latin […]

Business Europe Headlines International Morocco

Morocco’s Exports to Spain up 6.7 % in First Seven Months of 2018

Morocco’s exports to Spain increased by 6.7% in the first seven months of 2018 compared with the same period last year, the EU statistics office said. Morocco’s imports from Spain grew by 7.8% while its imports from the EU followed a similar rising trend at 7.1 percent, the source said. Morocco’s exports to Spain consisted […]

Business Headlines Morocco

Morocco Receives FDIs Worth $2.4 billion in 2017

FDIs attracted by Morocco rose by 15.4% in 2017 to stand at 24.4 billion dirhams ($2.4 billion) compared to 21.2 billion in 2016, Morocco’s foreign exchange regulator, Office des Changes said. In a recent report, the office noted that remittances by Moroccans living abroad increased 4.5% to hit 65.4 billion dirhams in 2017. The Office […]

Asia Business Features International

Economic Ties between Oman & Iran Thriving

Trade exchanges between Oman and Iran grew rapidly during the past two years to hit one billion dollars, said the Iranian ambassador to Oman, Ali Akbar Sibeveh. In a statement to the press on the sidelines of an Iranian-Omani trade exhibition that opened Tuesday in Muscat, Mr. Sibeveh said relations between the two countries are […]