Morocco’s competition council fines fuel distribution companies $180 mln for price fixing

Morocco’s competition council issued a fine of 1.8 billion dirhams or 180 million dollars against nine fuel supply, distribution, and storage companies for their failure to respect fair competition standards in the county. The council did not unveil the name of the nine companies in its statement but said it had reached an agreement with […]

Aeronautics: Hexcel expands Casablanca plant to meet growing demand of aerospace customers

Hexcel Corporation is expanding its manufacturing site in the Midparc Free Trade Zone in Casablanca to meet increased demand from aerospace customers for lightweight advanced composites. A ground-breaking ceremony for the extension was held Tuesday in presence of minister of Industry & Trade Ryad Mezzour, Hexcel top managers and customers. The expansion is expected to […]

Former French President commends King Mohammed VI’s vision, reiterates support for Moroccan sovereignty over Sahara

Former French President Nicolas Sarkozy praised King Mohammed VI for his leadership and vision that made Morocco the most stable country in the region. Sarkozy made the remarks at the signing ceremony of his book “Le Temps des Combats” (time of battles) in Rabat. “My love for Morocco is not new and I cannot hide […]