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Business

  • Suez Canal
Suez Canal
Egypt's Suez Canal Economic Zone inks $1.067 billion in deals
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  • Oil Market
The move comes amidst falling oil prices on a weak economic outlook
OPEC+ nearing agreement to delay oil output hike
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  • Morocco tourism
Marrakech recorded a 6% increase in overnight stays and an 8% rise in arrivals during the July-August period
Ammor: Morocco's tourism sector has shown positive results for summer 2024
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  • Fuel prices
Price hikes for basic goods such as fuel and food are highly sensitive in Iran
Iran's president says subsidised fuel prices are irrational
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  • Air travel
The suspensions are due to fears of an escalation in conflict in the Middle East
Lufthansa, Swiss extend flight suspensions to Tel Aviv
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  • Saudi Economy
Saudi total public debt stood at 1.149 trillion riyals at the end of June
Saudi budget deficit rises to $4.09 billion in second quarter
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  • War on Gaza
Israel's war on Gaza took its toll on the Palestinian economy
Palestinian budget deficit to surge by 172%
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  • Morocco's economy
Growth was driven by a rebound in tourism, strong performance in export-oriented manufacturing sectors and a resurgence in private consumption
World Bank says Morocco's economy has shown resilience
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  • Dubai Airport
Dubai airport
Dubai airport operating normally again
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  • Suez Canal
Houthis' attacks on vessels took their toll on Suez Canal's revenue
Suez Canal annual revenue dropped by almost a quarter
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  • Travel industry
Emirates Airline suspended flights between the countries due to an inability to repatriate funds from Nigeria
Nigeria, UAE to resume flights between both countries
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  • Car industry
Morocco's car manufacturing industry continues to thrive
Dacia launches production of its first hybrid car in Morocco
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  • Morocco's economy
Non-agricultural activities would show an annual improvement of 3.9%
Morocco's economic growth set to reach 3.2% in Q3-2024
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  • Tiznit-Dakhla expressway
A faster and more efficient connectivity between the south and the north
Tiznit-Dakhla expressway; the artery of southern Morocco’s logistics
Saad Guerraoui
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  • Inflation
Prices are cooling down
Morocco inflation set to reach 1.5% in 2024
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  • Ammonia
Facilities will be installed in the plant to capture and store CO2 emitted during the manufacturing process
Japan's Mitsui & Co builds ammonia plant in UAE
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