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Posts published in “Business”

Saudi Stock Market Index closes higher at 10446 points

The Saudi Stock Index (TASI) ended today's trading session up, gaining 95.88 points to close at 10,446.39 points, with deals worth SAR 4.4 billion.The number of traded shares reached 128 million, with shares of 110 companies increasing in value while ...

Casablanca Stock Exchange Rebounds slightly in Early Trading

The Casablanca Stock Exchange rebounded slightly on Wednesday in early trading, with the all-share index, the MASI, gaining 0.09% to 10,325.43 points (pts).A few minutes after the opening, the MASI.20, which includes the 20 most liquid stocks, took 0....

Central Bank Raises Key Rate to 3% Starting March 23, 2023

Bank Al Maghrib's (BAM) decision to raise the key interest rate to 3% (by 50 basis points) will take effect from March 23, 2023, the central bank said in a statement.At its first 2023 quarterly meeting, the BAM Board of Directors said that this measur...

Casablanca Stock Exchanges Closes Good Wednesday

The Casablanca Stock Exchange closed in the green on Wednesday, with its main index, the MASI, rising 1.34% to 10,454.29 points.The MASI-20, an index of the 20 most liquid stocks, rose 1.58% to 837.63 points, and the MASI-ESG, an index of companies wi...

Economy Minister Meets UNSG Special Advocate for Inclusive Finance

The Minister of Economy and Finance Nadia Fettah met, on Wednesday in Rabat, with Queen Máxima of the Netherlands, in her capacity as the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), visiting Moro...

E-Commerce: 28.1 Mln Transactions for MAD 9.6 Bln in 2022 – CMI

Merchant sites and billers' sites affiliated to the CMI have carried out 28.1 million online payment transactions via Moroccan and foreign bank cards for a total of 9.6 billion dirhams in 2022, up 35.6% in number and 24.3% in amount compared to 2021, ...

Casablanca Stock Exchange Starts in Red

The Casablanca Stock Exchange started in the red Tuesday its flagship index, the MASI, falling by 1.1%, to 10,331.37 points (pts).The MASI.20, an index of the 20 most liquid stocks, lost 1.26% to 825.48 pts, and the MASI.ESG, an index of companies wit...