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Business

  • Oil Market
IEA trims forecast for oil demand growth this year to 680,000 bpd
IEA raises 2025 oil supply forecast
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  • Automotive industry
Sailun
Egypt signs deal with China's Sailun group to build automotive tire factory
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  • Divestment
The fund continues to review Israeli companies for potential divestments
Norway wealth fund terminates Israel asset management contracts
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  • Morocco tourism
The growth concerns foreign tourists as well as Moroccan expatriates
11.6 million tourists flocked to Morocco at end of July 2025
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  • Turkish economy
The Turkish lira lost nearly 80% of value against the US dollar in 2021-24 period
Turkey on verge of ending costly FX-protected deposit scheme
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  • Oil Market
Oil prices slid about 1% to an eight-week low on Wednesday
Kuwait oil minister says OPEC closely monitoring market
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  • Investments in Syria
Syria is seeking to revive the war-damaged economy
Syria signs $14 billion in investment deals
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  • Trade
Abu Dhabi’s economic diversification strategies are paying off
Abu Dhabi’s non-oil foreign trade grew 34.7% in H1 2025
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  • Oil Market
OPEC logo
OPEC+ set to hike oil production further on Sunday
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  • Holmarcom - France Car
Holmarcom
Morocco’s Holmarcom to acquire France Car
Saad Guerraoui
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  • Sharjah Real Estate
Strong demand for property ownership in real estate projects in Sharjah’s central and eastern regions
Huge leap in real estate transactions in Sharjah
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  • Tunisian economy
Employees work in a cable factory of the German company Draxlmaier, specialized in the manufacture of automotive components, in Jemmal city in Monastir, Tunisia
Tunisia becomes a black hole for international investors
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  • Iraq's oil export
Oil tanks at Turkeys Mediterranean port of Ceyhan
Turkey asks Iraq to ensure full use of oil pipeline in talks on new deal
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  • Cannabis
Abderrahman Talbi, a farmer, checks on cannabis plants at a field near the northern town of Bab Berred
Legal cannabis flourishing in Morocco
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  • Air travel
The deal includes the construction of a new international airport in Casablanca
Morocco seeks to expand airport capacity to 80 million passengers by 2030
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  • Solar energy
A general view shows solar panels at the Faihaa oil field in Basra
Iraq eyes 12,000 MW solar power capacity by 2030
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