Samsung launches the Galaxy S22 range in the UAE

(MENAFN– Al-Bayan) Othman Al-Bura confirmed that the pre-order for the latest “Galaxy S22” phones from Samsung witnessed a growth of 64% compared to the “Galaxy S21” phones, stressing that the company is still at the forefront of the smart phone market in the UAE, with a market share of 43% by the end of 2021, … Read more

30% growth in buying and selling gold locally

The price of an ounce of gold (31.1 grams), yesterday, reached a record high this year at 7250 dirhams, compared to 6,937 dirhams 10 days ago, specifically on the day after the ongoing war between Russia and Ukraine on February 25, with an increase of 4.5%. All gold calibers witnessed similar increases of 4.5% during … Read more

Oil production has not yet noticed sanctions – Business – Kommersant

Most of the major Russian oil companies are increasing oil production against the backdrop of rising global quotations and a significant weakening of the ruble. Western sanctions that discourage foreigners from buying spot shipments of Russian oil have not yet had a significant impact on production. In the context of the easing of restrictions by … Read more

the HCP expects 2021 growth of 7.2% thanks to the performance of the agricultural sector (estimates)

(Ecofin Agency) – In its forecast economic budget for 2022, the Moroccan High Commission for Planning unveiled its new growth estimate for the year 2021. The assumptions considered by the institution make it possible to predict a significant rebound after the recession of 6 .3% in 2020. Moroccan economic growth in 2021 is expected to … Read more

The World Bank forecasts 3.2% in 2022 and 3.5% in 2023

The Moroccan economy is expected to accelerate by just 3.2% this year. The forecast is from the World Bank in its World Economic Outlook report. The Bretton Woods institution indicates that this level of performance is the result of a slowdown in agricultural production. For 2023, the World Organization expects growth of 3.5%. It thus … Read more