Finance & Economy

October 18, 2018

Morocco boycott slows sales growth at Danone

PARIS: Slacker demand for baby food in China and a consumer boycott in Morocco slowed third-quarter sales growth at Danone, although the French food group said it was sticking to its earnings growth targets.
Danone said it was banking on cost savings and a push into lucrative, healthy"...

October 18, 2018

Morocco trade deficit expands by 8.2 pct Jan-Sept

RABAT, Oct 17 (Reuters) - Morocco’s trade deficit widened to 152.2 billion dirhams ($16 billion) in the first nine months of 2018, up 8.2 percent from the same period last year, the foreign exchange regulator said on Wednesday.

Imports,"...

October 18, 2018

Morocco’s Erfoud Celebrates Guetna Date Festival with Camel Races

Rabat – As one of Morocco’s biggest date producers, the oasis town of Erfoud is celebrating Guetna, the date harvest, October 15-31.

Just after the date harvest, Erfoud, a desert town in the Draa-Tafilalet"...

October 18, 2018

Visa Unveils New Partners on Tokenization to Help Increase Payment Security and Reduce Effects of Data Breaches

(AETOS Wire) -- Visa Inc. (NYSE:V) today announced the commercial expansion of the Visa Token Service for credential-on-file (COF) token requestors, marking a major milestone towards further securing consumer payments in the digital channel. With this expansion, acquirer gateway and technology partners Adyen, AsiaPay, Braintree, Checkout.com, Cherri Tech, CyberSource, Elavon, Ezidebit, eWAY, Fit-Pay, Giesecke & Devrient, PayPal, Payscout, Rambus, SafeCharge, SecureCo, Square, Stripe, Worldpay and YellowPepper are or will soon be able to tokenize credential-on-file digital payments on behalf of their merchant and payment clients. Built on......

October 18, 2018

Moody’s Names Derek Vadala as Global Head of Cyber Risk for MIS

(AETOS Wire) -- Moody’s Corporation (NYSE:MCO) today announced that it has named Derek Vadala as Global Head of Cyber Risk for Moody’s Investors Service (MIS). In this newly-established role, Mr. Vadala will develop MIS’s capabilities for evaluating cyber risk, including a framework for the consideration of cybersecurity risk in credit analysis, and will spearhead innovative research, analytics and market outreach in this area. “As with environmental, social and governance risks, we see cyber risk as an area of......

October 18, 2018

Nadia Murad to Speak at Sharjah Conference Aimed at Boosting Opportunities for MENA’s Youth

(AETOS Wire) -- In the run up to one of MENA region’s premier conferences dedicated to addressing development challenges and humanitarian issues, the third edition of ‘Investing in the Future’ Conference (IIFMENA) slated for October"...

October 18, 2018

project44 and Gatehouse Logistics Announce Exclusive Partnership

(AETOS Wire) -- project44 (p44) and Gatehouse Logistics jointly announced today that they have entered into an exclusive, multinational agreement which will provide secure and authorized access to the largest visibility network across North America"...

October 18, 2018

GAC Wins The Maritime Standard Awards 2018 Transportation & Logistics Accolade

The GAC Group has won the Transportation & Logistics title in the Middle East and Indian Subcontinent’s premiere shipping and maritime awards event, The Maritime Standard Awards 2018.

The"...

October 17, 2018

Moroccan Wine Producer to Export to China

Rabat – The Moroccan agricultural company Red Farm will serve its wine during the first China International Import Exposition (CIIE) in early November.

The general director of the company, Mamoun Sayah,"...

October 17, 2018

Danone quarterly sales growth slows on weak China, Morocco boycott

PARIS (Reuters) - Slacker demand for baby food in China and a consumer boycott in Morocco slowed third-quarter sales growth at Danone (DANO.PA), although the French food group said it was sticking to its earnings growth targets.

Danone"...