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Anti-trust: Maroc Telecom Hit with $ 344 Mln Fine
Morocco’s telecom regulator (ANRT) imposed on Monday a $ 344 Million fine on Maroc Telecom, the country’s leading operator, for its anti-competitive practices since 2013. In a press release, the National Telecommunications Regulatory Agency (ANRT) said the Moroccan company has abused its dominant position by blocking its rivals’ access to its landline network and to […]
PSA Officially Inaugurates its Kenitra Plant
King Mohammed VI chaired, on Thursday in the integrated industrial platform “Atlantic Free Zone”, in the commune of Amer Saflia (province of Kenitra), the inauguration of the new French automaker PSA Peugeot plant worth €557 million. The group’s industrial project in Morocco is based on the creation of a complete automotive ecosystem. Construction work […]
Morocco’s Central Bank raises rates to 2% to fight inflation
Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]



