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UAE’s Etisalat acquires additional stake in Maroc Telecom under a $500 million deal

Etisalat, the UAE’s biggest telecoms operator, increased its ownership in Etisalat Investment North Africa to 100 per cent by acquiring the Abu Dhabi Fund for Development’s 8.7 per cent stake in EINA, Etisalat said in a regulatory filing on Tuesday.   The deal increases Etisalat Group’s effective ownership in Maroc Telecom Group to 53 per […]

Popular Boycott Based on Unfounded Information, Moroccan Government Says

Moroccan government has reacted to a boycott campaign that targeted three leading companies producing gas, bottled water and milk saying the boycott was based on fake news. The government’s spokesperson Mustapha Khalfi told reporters in Rabat that the campaign was based on unfounded information, saying that prices of the three products are reasonable and have […]

Subsidiary of Moroccan BCP, Atlantic Bank, donates two modern classrooms to school in Burkina Faso

In a significant contribution to educational infrastructure, Atlantic Bank, a subsidiary of the Moroccan Central Popular Bank (BCP) Group, has provided two new classrooms to the Poun Nord public school in Burkina Faso’s Didyr district. The donation comes as part of Atlantic Bank’s ongoing commitment to education and social development in Burkina Faso. The bank […]