Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it…
Tag: BUSINESS
Hugo Boss shrugs off weaker U.S. sentiment
German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it…
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits…
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic…
Sony to buy Destiny developer Bungie for $3.6bn
Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn). Sony says…
Morocco’s Managem, Glencore to partner in cobalt project
Moroccan mining company Managem said on Wednesday it agreed with miner and commodity trader Glencore (GLEN.L) to produce Cobalt at a plant…
Europe fuels sales growth for French train maker Alstom
French train maker Alstom reported a rise in third-quarter sales on Thursday, bolstered by contract wins in Europe and stronger…
People devote third of waking time to mobile apps
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App…
Morocco’s tough COVID restrictions hammer tourism sector
RABAT, Dec 31 (Reuters) – Businesses working in Morocco’s key tourism sector say the country’s tough COVID-19 restrictions, including a…
UBS eyes Mideast expansion with new wealth desk in Dubai -memo
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File…