Market

Market

Macroeconomic Balances, Part of National Sovereignty, Says Jouahri

Preserving macroeconomic balances, as “prerequisites” for the smooth progress of reforms, are part of national sovereignty, Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri, said.

“We have always called for preserving ma…

Market

Planning and Statistics Authority: Qatari Economy Grows 2.7% YoY in Q1 of 2023

The Qatari economy achieved a real growth rate of 2.7 percent during the first quarter of the current year compared to the same period in 2022, according to the annual basis.Data from the Planning and Statistics Authority, released today, indicates tha…

Market

QatarEnergy Sets Fuel Prices for September

QatarEnergy announced Friday the prices of diesel and gasoline in the State of Qatar for September, where the prices of diesel and Gasoline 95 and Gasoline 91 remained stable.QatarEnergy has set the price of a liter of diesel at QR 2.05, the price for …

Market

Morocco’s Trade Deficit Eases by 6.5% at End-July

Morocco’s trade deficit stood at over 169.47 billion dirhams at the end of July 2023, down 6.5% on the same period a year earlier, according to the Exchange Office. Imports fell by 2.3% to more than 419.61 billion dirhams, while exports rose by 0.8% t…

Market

Moroccan Diaspora Remittances Hit MAD 66 Bln up to July

Remittances from Moroccans living abroad reached around 65.97 billion dirhams ($ 6.46 billion) in the first seven months of 2023, according to the Exchange Office.The figure represents a 10% increase compared to the the same period of 2022, the Office…

Market

Automotive: Morocco’s Exports Increase by 37.4% up to July

Sales in the automotive sector reached almost 82.02 billion dirhams at the end of July 2023, up 37.4% on the same period a year earlier, according to Morocco’s Exchange Office. This development follows higher sales in all segments of the sector, namel…