Breaking 16:30 Eni shareholders back board, clearing way for CEO’s record fifth term 16:20 Solar with battery storage undercuts fossil fuel power costs 16:15 US Airlines spend $1.8 billion more on fuel in March as prices surge 16:00 Global debt hits record near $353 trillion as investors diversify away from US treasuries 15:57 Kia sportage hybrid 2026 tops value rankings in compact suv segment 15:45 US tariff refund process running smoother than expected, says Kuehne + Nagel 15:40 Moroccan caftan debuts in Brussels with dedicated fashion week 15:30 India’s Zee sues reliance-disney over alleged music copyright infringement 15:20 Excessive kindness at work slows careers and increases burnout risk 15:15 US supreme court refuses to pause ruling in Apple-Epic Games dispute 15:00 Bosnian town seeks answers after lead contamination fears rise 14:58 Timeless elegance: why simplicity remains the ultimate standard in design and life 14:45 Sky seeks major damages over Italian football broadcasting dispute 14:36 Renault relaunches employee share plan with major benefits for 100,000 workers 14:30 Argentina considers lower interest rates amid inflation challenges 14:18 Stellantis opens circular economy dismantling center in Casablanca, a global third site 14:15 Andersen consulting strengthens digital transformation capabilities with Weexa 14:00 Violence against medical staff at a Lebanese hospital raises concerns over healthcare safety 14:00 In-laws and finances drive divorce rates in Morocco, new national survey finds 13:45 Meesho narrows quarterly losses as growth in orders and margins strengthens performance 13:40 Morocco's automotive exports hit $4.57 billion with 12% growth in early 2026 13:30 Hungary returns seized assets to Ukraine’s Oschadbank in sign of improving ties 13:18 Seven tremors recorded off the Strait of Gibraltar as seismic activity rises 13:15 Eli Lilly expands investment with $4.5 billion boost to Indiana manufacturing sites 13:03 UK regulators investigate claims management firms over consumer protection concerns 13:02 Samsung crosses $1 trillion valuation on record earnings and AI chip rally 12:45 Pope Leo XIV to celebrate mass at Barcelona’s Sagrada Familia on June 10 12:30 Canada’s Loblaw misses first-quarter revenue forecasts amid cautious consumer spending 12:15 Venezuela rejects World Court jurisdiction in oil-rich dispute with Guyana 12:00 SpaceX IPO reshapes corporate control with unprecedented investor limits 11:45 AMD forecast sparks AI-driven rally in US chipmaker stocks 11:30 Emmanuel Macron embarks on African tour with investment-focused Kenya summit 11:19 Europe's EV sales surge as fuel prices spike on Middle East conflict 11:15 Italy opens antitrust probe into Glovo and Deliveroo over rider treatment claims 11:00 India targets $25 billion trade with Vietnam by 2030, Modi says 11:00 Canary Islands leader opposes docking of hantavirus-hit cruise ship at Tenerife 10:45 Tariffs to cost Volkswagen €5.9 billion annually in operating profit, CEO says 10:40 More than 3,000 Viking coins unearthed in Norway's largest hoard ever found 10:30 Elisabeth Borne steps back from Renaissance leadership amid internal disagreements 10:20 World's first surviving nonuplets, born in Morocco, turn five years old 10:15 Poland calls for NATO to reach 5% defence spending target by 2030 10:00 ECB wage tracker signals stable eurozone wage growth amid inflation concerns 10:00 Morocco opens $5.62 million FlowPipe facility to cut imports and boost water infrastructure 09:45 Ugandan parliament passes revised sovereignty law after central bank concerns 09:39 Morocco's capital markets post mixed results in March as trading volumes rise 09:30 National Forestry Agency reaffirms commitment to protecting cedar forests as a strategic national heritage 09:17 Saylor says Strategy may sell Bitcoin to pay dividends in policy shift 09:15 CMA CGM vessel hit in Strait of Hormuz amid rising regional tensions 09:00 Canary Islands leader rejects cruise ship over Hantavirus concerns 08:59 Morocco eyes China's zero-tariff opening to expand argan oil exports 08:45 North Korea removes reunification references from its constitution 08:40 BMW reaches 2 million electric vehicles, doubling output in just two years 08:30 South Korean judge found dead after high-profile ruling 08:17 Ukraine accuses Russia of violating ceasefire with overnight drone and missile strikes 08:15 Trainline faces pressure from UK policy changes and geopolitical tensions 08:00 Germany considers last-resort plan to block Italian bid for Commerzbank 07:57 Meloni condemns AI-generated lingerie images as a deliberate political attack 07:45 AI could generate up to $22 billion in profits for the video game industry 07:39 Study finds life relied on rare molybdenum metal 3.4 billion years ago 07:30 Brazil’s President Lula to meet Trump to discuss economic and security issues 07:20 Iran war drives global inflation surge as central banks reverse course 07:15 Vestas reports stronger-than-expected Q1 profit as offshore wind production accelerates 07:01 Amazon opens access to Claude Code and Codex for all employees 07:00 UK's Next to mitigate Iran war costs with moderate price rises

A review of the Moroccan press on Monday, September 23, 2024

Monday 23 September 2024 - 08:23

Assabah: The National Association of Media and Publishers Discusses the Future of Journalism in the Face of Financial Challenges

In a general meeting held last Friday at one of the hotels in the economic capital, Driss Chahtane, President of the National Association of Media and Publishers, discussed the situation of journalism in Morocco, pointing to the financial challenges facing media enterprises. Chahtane raised important questions about the role of government support in paying journalists' salaries, indicating that the current situation suggests that the sector is approaching "begging." In his speech, Chahtane criticized the increasing number of intruders in the profession who exploit social media to spread information despite their lack of knowledge, leading to a decline in the role of journalists. He emphasized the need to support structured enterprises that meet certain criteria, warning of the spread of indiscipline in the sector. The office members addressed the importance of training and qualification, pointing to new initiatives to improve journalists' skills, especially in the sports field. The secretary-general of the association, Mokhtar Al-Ghaoui, presented a report on the association's activities since its establishment, praising efforts made to ensure employee salaries.

Military Corruption Scandal: Manipulation of 5,600 Liters of Fuel in Morocco

Investigations have revealed a corruption scandal within the Moroccan army involving the manipulation of large quantities of fuel, with a total of 5,600 liters of gasoline and diesel being tampered with. The data showed that a lieutenant commander of the mobile warehouse unit in the M'Asa region, south of Agadir, requested an additional 400 liters of gasoline to be added to the stolen quantity. During a fire in the area's garage, judicial gendarmerie elements seized 11 barrels with a capacity of 200 liters each; these barrels had been purchased by the military official with his own money with the aim of re-trading the surplus. The investigations led to five individuals being referred to the military criminal chamber, including officers and assistants, on charges of stealing materials intended for auxiliary forces. The inspection committee found that the main accused did not have a written decision appointing him to the fuel distribution service, which violates military instructions. The incident erupted after a fire broke out in a garage in Sidi Wassay area, confirming the need to control fuel distribution in military centers. The investigating judge remanded those accused in military prison in Salé, with one exception who was released. This incident reflects deep-rooted problems associated with corruption within military institutions, necessitating strict investigations and radical reforms to ensure transparency and accountability.

Al-Ahdath Al-Maghribia: Shortage of 'Alfacalcidol' Drug: Ministry of Health Reveals Measures Taken

Patients with chronic kidney failure in Morocco are facing a severe crisis due to the disappearance of "Alfacalcidol" from pharmacies, which is essential for maintaining calcium levels in these patients, especially those undergoing dialysis sessions. The Ministry of Health and Social Protection has responded to this crisis; the Directorate of Drugs and Pharmacy confirmed that shortages are due to global supply issues and indicated that steps have been taken to address this situation. The ministry clarified that there is close monitoring of drug supply, with expectations for new shipments arriving soon, providing some hope for patients. This issue is part of a broader series of shortages affecting vital drugs in Morocco, exacerbating suffering for patients reliant on treatments for chronic diseases such as diabetes and high blood pressure.

Continued Search and Rescue Operations After Bus Accident Swept Away by Floods in Tata

Intensive efforts continue to search for missing individuals following an accident where a passenger bus was swept away by floods in Tata region. The accident occurred on Friday after heavy thunderstorms resulted in two fatalities and 13 rescues while 14 people remain missing. Unprecedented floods raised water levels significantly; for instance, Tata Wadi reached 2,300 cubic meters per second, causing substantial material losses including house collapses and road interruptions. Authorities are mobilizing all logistical and human resources to reopen roads and provide support to affected citizens.

Moroccan Security Leadership: Hammouchi Enhances International Cooperation

The Director-General of National Security and Territorial Surveillance, Abdel Latif Hammouchi, continues to bolster Morocco's position as a global security force through international engagements. His multiple visits to world capitals, including Turkey, highlight Morocco's significant role in supporting security and combating crime. During his recent visit to Turkey at their invitation, Hammouchi participated in an International Security Exhibition and held meetings with Turkish officials aimed at enhancing security cooperation and expertise exchange. These visits confirm Morocco's advanced security experience has garnered international attention and praise from global officials.

Moroccan Sahara Majority Parties Condemn Illegal Migration

The majority government parties in Morocco condemned attempts at collective illegal migration, especially by youth and minors towards occupied Ceuta city, accusing unknown parties of misleading young people and disrupting national development efforts. They praised Moroccan authorities' "exceptional" efforts to thwart these operations while respecting law enforcement principles ensuring security and stability. They also urged government action against negative social media influences encouraging migration while demanding accelerated employment opportunities for youth.

Parliamentary Meeting Supporting King Mohammed VI's Initiative

The Parliamentary Action Committee on King Mohammed VI's initiative facilitating Sahel countries' access to the Atlantic Ocean convened its third meeting at African Parliament headquarters in Midrand, South Africa. Moroccan parliamentary advisor Hanaa Benkhier participated alongside discussions on continental action plans supporting this initiative. Additionally, Benkhier engaged in discussions concerning peace and security issues across Africa as well as children's rights and natural resource governance while presenting Morocco's preparations for upcoming sports events like the 2025 African Nations Cup.

New Gains for Users of National Office for Vocational Training

The National University of Vocational Training, affiliated with Moroccan Union of Labor, announced new amendments resulting in a general salary increase by 1,000 dirhams net. This increase will be paid in two installments: 500 dirhams effective July 1, 2024,... followed by another installment on July 1, 2025. This step responds to correspondences sent to both Sector Minister and Finance Minister while acknowledging continuous struggles defending Office users' rights. Furthermore, Article 18 amendments aim at enhancing financial conditions amid rising living costs while increasing internal promotion quotas.

Al-Alam: Wave of Migration Towards Ceuta Ignites Debate in Spain

The recent wave from Fnideq towards occupied Ceuta has ignited extensive debate within Spanish political circles particularly among right-wing parties like Vox party, who criticized Morocco's government demanding expulsion measures against illegal immigrants while tightening actions against organizations allegedly promoting migration. Conversely, Spanish government officials praised Morocco's cooperation combating illegal migration; Foreign Minister Jose Manuel Albares rejected Vox's demands affirming such cooperation prevented thousands from entering Spain illegally.

Al-Ittihad Al-Ishtiraki: Raja & Renaissance Berkane Shine

Raja Sporting Club qualified for African Champions League group stage after defeating Smartex Ghana (2-0) during their return match held in Casablanca. Despite Raja's dominance throughout match play requiring fans’ patience until Marwan Zila scored first goal at minute 41; Noufel Zerhouni added second goal at minute 88 confirming qualification after drawing first leg (2-2) in Accra. In African Confederation Cup competition Renaissance Berkane secured group stage placement following a decisive win over FC Dadji (5-0).

New French Government Led by Michel Barnier Announced

Secretary-General Alexis Kohler announced formation Saturday evening regarding new French government led by Michel Barnier comprising several ministers retaining previous positions from Atal administration including Culture Minister Rachida Dati & Armed Forces Minister Sebastien Lecornu alongside new appointments such as Bruno Retailleau (Interior), Didier Migaud (Justice), Jean Noel Barrot (Europe & Foreign Affairs). Analysts noted this cabinet leans heavily rightward while incorporating some centrist figures along with left representation via Justice Minister.

Bayan Al-Youm: AstraZeneca Opens New Office Celebrating 25th Anniversary

AstraZeneca opened its new office located within Casablanca’s CFC financial city celebrating its 25th anniversary on September 19 attended by notable figures honoring achievements over two decades alongside future ambitions within Moroccan market & North Africa region emphasized by Rami Skandar (President). AstraZeneca launched initiatives aimed at enhancing cancer patient care across Africa including “Cancer Care” program collaborating with La Salma Foundation targeting improved healthcare access for approximately 35 thousand patients residing within Morocco.

National Company for Radio & Television Faces Protests

National Association representing users intends organizing protests outside company headquarters coinciding World News Day September 28 protesting ongoing violations against rights/freedoms reported by National Office Democratic Organization indicating professional conditions have reached critical levels necessitating effective dialogue achieving social peace ensuring institutional stability amid administration’s disregard towards worker rights.

Axa Services Morocco Opens New Center

Axa Services Morocco specializing customer relationship management opened its new center Kenitra last Friday attended by Industry & Trade Minister Riad Mezour aiming expand human resources base attracting local talents improving user quality-of-life reducing travel times equipped solar panels reducing energy consumption by 20% enhancing environmental commitments creating over 1400 job opportunities by 2026 reflecting sustainable development commitment emphasized by Minister Mezour affirming global companies’ confidence towards Morocco.

Morocco Ranks 55th Globally for Education Classification

Morocco made slight progress ranking globally at position 55 among best education systems according US News Network report maintaining leadership North African countries according survey conducted involving over seventeen thousand participants assessing educational system developments across covered nations highlighting UAE topping regional rankings (28th globally) followed closely Saudi Arabia (32), Qatar (33), Egypt (41) while outperforming Jordan (58), Oman (60), Kuwait (62), Bahrain (66), Tunisia (74), Algeria (75), Lebanon (78).

Al-Haraka: Expectations Rise for New Interest Rate Cuts from Bank Al-Maghrib

Investors anticipate easing monetary policy during upcoming third quarterly meeting Bank Al-Maghrib scheduled next Tuesday following unexpected interest rate reduction downwards towards 2.75% last June according opinion poll conducted Center Commercial Research indicating potential cut probability reaching eighty-three percent among key investors amidst declining inflationary pressures believed supportive necessary economic assistance especially agricultural sector energy market fluctuations where eighty-five percent local investors alongside hundred percent foreign counterparts advocate rate cuts despite BMCI Capital Global Research predicting maintenance current monetary policies monitoring subsidy impacts butane gas inflation effects.

Al-Massae: Seizure Operation Targets Adulterated Olive Oil

Security agents seized approximately one ton adulterated olive oil loaded onto cargo vehicle last Saturday village Aba Mohammed Taounate region resulting routine monitoring where driver exhibited confusion questioned regarding source destination quantity leading initial investigation revealing carried oil not natural but mixture vegetable oils “fitor” material deriving olive pressing process leading driver custody under public prosecutor’s instructions conducting comprehensive case investigation sample sent National Office Food Safety analysis verification contents.


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