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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 […]

King vows to make of Rabat-Abuja alliance a framework for consultation on all African issues

King Mohammed VI of Morocco has vowed to make of the Rabat-Abuja strategic alliance a framework for consultation and cooperation on all African issues. This came during a phone call the Moroccan Sovereign had on Wednesday with President of Nigeria Muhammadu Buhari, said the Royal Office in a statement. The King who enquired about the […]

Egypt signs $6.8billion petrochemical projects with Kuwaiti companies

Cairo announced that it has reached preliminary deals worth $6.8 billion with Kuwaiti companies for the establishment of petrochemical projects. The initial agreements signed on Sunday involved several companies including Egypt Kuwait Holding Company, Kuwait Gateway Holdings and Boubyan Petrochemical Co. Prime Minister Ibrahim Mahlab represented the government during the signing of Memorandums of Understanding with […]