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Automotive Sales: 48,948 Units Sold by End of April 2024

New car sales in Morocco reached 48,948 units during the first four months of 2024, representing a slight decline of 0.71% compared to the same period in 2023, according to the Moroccan Association of Automotive Importers (AIVAM). In terms of segments, new registrations for passenger vehicles (PV) decreased......

The US Federal Government Targets Loophole Allowing Buyers to Skip Background Checks in Gun Sales

The US federal government has announced that background checks for firearm buyers will soon be required in more situations. This move aims to close loopholes that allow buyers to avoid having their criminal and psychological backgrounds checked, particularly during sales at gun shows and online. In......

New Car Sales in Morocco Decrease by 3.09% in March 2024

New car sales in Morocco reached 35,680 units by the end of March 2024, marking a 3.09% decrease compared to the same period in 2023, according to monthly statistics from the Association of Automobile Importers in Morocco (AIVAM). Breaking down the numbers by segment, the registration of new passenger......

Unleashing Palworld: Exploring the Pokémon-Inspired Gaming Phenomenon

Against all odds, "Palworld" has become the latest gaming phenomenon, shattering sales records on Steam despite its troubled developer roots and unabashed similarity to Nintendo's Pokémon franchise. What explains Palworld's unexpected success, and how long can the lucrative hype......

Morocco Achieves Stability with Over 160,000 New Vehicles Sold in 2023

Despite confronting economic challenges in 2023, Morocco's auto industry demonstrated remarkable resilience by maintaining sales figures comparable to the previous year, as disclosed in data unveiled on Monday by the Association of Vehicle Importers (AIVAM). AIVAM President, Adil Bennani, revealed......

Morocco's Tax Overhaul: Navigating Property Sales with Mandatory Tax Clearance

A stringent property tax measure outlined in Morocco's 2024 Finance Act is poised to significantly impact real estate and business sales transactions within the country. Sale contracts can no longer be drafted until the seller obtains tax clearance, marking a pivotal change in the legal landscape. The......

Starbucks Stock Decline Amid Controversies and Sluggish Holiday Sales

Starbucks Corporation finds itself navigating turbulent waters this holiday season. The global coffee giant has witnessed a nearly 9% drop in its stock price over the past three weeks, resulting in a substantial $10.8 billion loss in market valuation. The descent began on November 16th, marking the......