Maroc Telecom Reports 9.1% Subscriber Growth Amid Pandemic Challenges
22 July 2020
The Maroc Telecom group is doing rather well despite the health crisis. This is evidenced by the latest figures published on the number of subscribers and turnover.
Revenue
Moroccan Insurance Sector Sees Sharp Decline in Revenue Amid Covid-19 Crisis
19 July 2020
The collection rate in the insurance sector has fallen to 35%, leading to a drastic drop in turnover.
Celio Men’s Fashion Chain Faces Crisis, Moroccan Stores’ Fate Uncertain
22 June 2020
Celio, the ready-to-wear and accessories brand exclusively for men, present in Morocco, is facing a cash flow crisis (a loss of nearly 100 million euros in its turnover) due to (…)
Morocco’s Customer Service Industry Faces 40% Revenue Drop Amid COVID-19 Crisis
19 May 2020
Covid-19 is having a negative impact on the customer relations sector in Morocco, with a 30 to 40% drop in turnover in May and June. Otmane Serraj, president of the Moroccan (…)
Royal Air Maroc Subsidiary Reports 533 Million Dirham Revenue in 2019
19 May 2020
Royal Air Maroc handling, a 100% subsidiary of the Moroccan airline, achieved 533 million dirhams in turnover in 2019.
Morocco’s Fuel Sales Plunge 60% as COVID-19 Restrictions Empty Gas Stations
17 May 2020
In Kénitra, service stations have been deserted due to the prevention and restriction measures imposed to counter the spread of covid-19 in the kingdom. This situation has led (…)
Moroccan Retailers Call for Rent Suspension Amid COVID-19 Crisis
8 May 2020
More than 86 Moroccan retailers, gathered in a collective called the "Grouping of Moroccan Retailers", have just made an official request to suspend their rents.
Moroccan Phosphate Giant OCP Maintains Global Market Dominance Amid Crisis
7 May 2020
The Office Chérifien des Phosphates (OCP), has not been disrupted by the health crisis shaking the planet. The group, which holds a third of the world market, remains the leader.
Offshoring Industry Faces Sharp Decline as COVID-19 Disrupts Global Operations
25 April 2020
The covid-19 crisis has spared no sector. Offshoring is suffering the consequences of the spread of the pandemic. A drop in turnover is announced for April 2020.
Moroccan Motorway Company Reports 5.3% Revenue Increase to 3.1 Billion Dirhams
27 February 2020
The Moroccan Motorway Company (ADM) saw its net tax revenue increase by 5.3% to reach 3.1 billion dirhams.