Moroccan IT Giant Diffazur Enters Receivership Amid Financial Crisis
17 November 2020
Mired in a deep crisis, the former giant of computer equipment and IT solutions distribution in Morocco, Diffazur, has been placed in receivership.
Distribution
Morocco Resists Calls to Boycott French Products Amid Caricature Controversy
30 October 2020
Calls to boycott French products do not seem to be heard in Morocco. For now, this mobilization is limited to social networks and no action has been observed on the ground.
Morocco’s Border Closure Exposes Economic Impact of Smuggling Trade
21 October 2020
The closure of Morocco’s borders has exposed the role of the black market in the north of the country. It is a provider of unsuspected jobs and fortunes.
Morocco Extends Price Controls on Hand Sanitizers Amid COVID-19 Surge
21 September 2020
The prices of hydroalcoholic gels will remain unchanged for the next six months in the Kingdom. This is a decision of the Ministry of Economy, Finance and Administration (…)
Moroccan Dirham Weakens Against Euro, Strengthens vs Dollar Amid Rising Reserves
7 September 2020
The Moroccan dirham appreciated by 0.29% against the dollar and depreciated by 0.11% against the euro, during the period from August 27 to September 2, 2020.
Moroccan Police Seize 1 Million Smuggled Alcohol Bottles in Multi-City Raid
7 September 2020
The Moroccan police are putting pressure on smuggled alcohol sellers. Several operations were carried out simultaneously in several cities.
Moroccan Tech Distributor PC d’Or Faces 60 Million Dirham Debt Crisis
4 August 2020
A new case is shaking the computer and electronic equipment distribution sector. The semi-wholesaler PC d’Or based in Témara owes tens of millions of dirhams to its creditors.
Morocco’s Competition Council Finds Evidence of Fuel Price Fixing by Oil Companies
30 June 2020
The investigation into the alleged cartel of fuel distributors has been completed, and the Competition Council has sent its final grievances to the Groupement des Pétroliers du (…)
Turkish Fashion Giant LC Waikiki Invests 100 Million Dirhams in Moroccan Expansion
24 June 2020
The Turkish specialist in low-cost fashion, LC Waikiki, has released 100 million dirhams to finance its subsidiary LC WAIKIKI Retail MA in these times of covid-19.
Moroccan Soccer Star Yacine Bammou Delivers Aid to Families in Turkey During Ramadan
18 May 2020
In Turkey, the Moroccan international, Yacine Bammou and his wife, Kenza Kanouni, distributed relief packages to people in need during the month of Ramadan. The Atlas Lion (…)