Economy

Morocco's automotive industry is accelerating towards excellence, eyeing a remarkable production capacity of 1 million cars annually by 2025

Morocco Accelerates Towards Automotive Excellence with Ambitious Targets

In line with the global shift to electric vehicles, Morocco is prioritizing the development of charging infrastructure, aligning with the European Union’s vision of banning traditional fuel cars by 2035. The nation’s automotive market exhibited resilience, with new vehicle sales experiencing a marginal 0.1% increase in 2023, reaching 161,504 units.

Picture Credit: Muscat Daily

Salalah Free Zone Attracts RO44mn Investment in Five New Deals

Salalah Free Zone has inked five new investment deals worth RO44mn, involving investors from Kuwait, Iraq, Jordan, and Hong Kong. The agreements span various sectors, including paper tissues, air conditioning devices, blood sugar test strips, frankincense derivatives, and potash fertilizers.

As Canada faces the aftermath of pandemic support

The Impending Wave of Bankruptcy for Canadian Small Businesses

As Canada faces the aftermath of pandemic support withdrawal, a looming small business crisis threatens economic stability. With thousands of businesses at risk of bankruptcy, the Canadian Federation of Independent Businesses (CFIB) warns of potential insolvencies.

UAE-Oman Rail Network

Etihad Rail, Oman, and Al Jazeera Steel Form a Strategic Collaboration

In a pioneering move, Oman, Etihad Rail Company, and Al Jazeera Steel have forged a transformative alliance to revolutionize logistics in the region. The Memorandum of Understanding emphasizes efficiency and sustainability in transporting raw materials and goods, leveraging the UAE-Oman Rail Network.

Jordan's impressive 63rd position in the Corruption Perceptions Index

Jordan Maintains Anti-Corruption Momentum, Ranks 63rd in Global Index

Jordan’s impressive 63rd position in the Corruption Perceptions Index (CPI) for 2023, released by Transparency International, signifies its commitment to combating corruption globally. Ranking fourth in the Arab world, Jordan outperformed 117 countries in the CPI, showcasing its dedication to transparency and accountability.

Morocco's automotive industry is accelerating towards excellence, eyeing a remarkable production capacity of 1 million cars annually by 2025

Morocco Accelerates Towards Automotive Excellence with Ambitious Targets

In line with the global shift to electric vehicles, Morocco is prioritizing the development of charging infrastructure, aligning with the European Union’s vision of banning traditional fuel cars by 2035. The nation’s automotive market exhibited resilience, with new vehicle sales experiencing a marginal 0.1% increase in 2023, reaching 161,504 units.

Picture Credit: Muscat Daily

Salalah Free Zone Attracts RO44mn Investment in Five New Deals

Salalah Free Zone has inked five new investment deals worth RO44mn, involving investors from Kuwait, Iraq, Jordan, and Hong Kong. The agreements span various sectors, including paper tissues, air conditioning devices, blood sugar test strips, frankincense derivatives, and potash fertilizers.

As Canada faces the aftermath of pandemic support

The Impending Wave of Bankruptcy for Canadian Small Businesses

As Canada faces the aftermath of pandemic support withdrawal, a looming small business crisis threatens economic stability. With thousands of businesses at risk of bankruptcy, the Canadian Federation of Independent Businesses (CFIB) warns of potential insolvencies.

UAE-Oman Rail Network

Etihad Rail, Oman, and Al Jazeera Steel Form a Strategic Collaboration

In a pioneering move, Oman, Etihad Rail Company, and Al Jazeera Steel have forged a transformative alliance to revolutionize logistics in the region. The Memorandum of Understanding emphasizes efficiency and sustainability in transporting raw materials and goods, leveraging the UAE-Oman Rail Network.

Jordan's impressive 63rd position in the Corruption Perceptions Index

Jordan Maintains Anti-Corruption Momentum, Ranks 63rd in Global Index

Jordan’s impressive 63rd position in the Corruption Perceptions Index (CPI) for 2023, released by Transparency International, signifies its commitment to combating corruption globally. Ranking fourth in the Arab world, Jordan outperformed 117 countries in the CPI, showcasing its dedication to transparency and accountability.

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