Corona Maroc 3

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 […]

Morocco’s economy expected to grow 14.5% in second quarter

Morocco’s economic growth is expected to jump 14.5% in the second quarter this year after a growth of 0.7% in the first quarter, the high commission for planning said. The forecast is based on a 13.7% improvement in agricultural activity, the agency said as abundant rainfall bodes well for the crop year. Morocco’s economic growth […]

American Fatburger opens its 1st restaurant in Morocco

Morocco’s stability and huge business opportunities offered to foreign investors have attracted U.S. Fatburger & Buffalo’s Express which has opened its first restaurant in Marrakesh. “Over the last 70 years, Fatburger has developed a loyal following across the globe,” says Jake Berchtold COO of FAT Brands’ Fast Casual Division. “While our burgers are often front […]