Breaking 13:00 Europe's energy crisis deepens as Iran war shockwaves spread across three continents 12:50 Hormuz shipping paralysis blocks a third of global fertilizer trade as food crisis deepens 12:40 Xbox's new CEO personally ended the "This is an Xbox" campaign to rebuild brand identity 12:30 FAO warns Iran war is triggering one of the fastest global food disruptions in years 12:20 Thailand secures deal with Iran for safe tanker passage through the Strait of Hormuz 12:10 IEA chief says Iran war energy crisis surpasses the oil shocks of the 1970s 11:50 Leiden scientists 3D-print brainless microrobots that swim and navigate without electronics 11:40 JPMorgan says Bitcoin has outperformed gold as a safe haven during the Iran war 11:30 TikTok pulls "Fruit Love Island" after AI fruit drama series hits 300 million views in 10 days 11:20 Europe launches its largest ever venture capital fund of funds at 15 billion euros 11:00 Moroccan dirham strengthens against the us dollar amid stable financial conditions 10:50 Japan's Kikai supervolcano is actively refilling with fresh magma, study finds 10:45 Kirsten Dunst joins Sydney Sweeney in the sequel to The Housemaid’s Secret 10:30 Paris mayor proposes halving representation allowance and eliminating arrondissement mayor funds 10:27 Microsoft posts worst quarterly drop since 2008 as Big Tech AI spending alarms investors 10:20 Asian airlines slash flights from April as jet‑fuel crisis bites 10:13 US-made landmines found near Shiraz kill civilians in first confirmed deployment in decades 10:04 Polish PM Tusk warns of imminent escalation in Iran war as conflict nears one month 10:00 EU trade commissioner discusses critical minerals and tariffs with US counterpart 10:00 Sony halts memory card orders as global chip shortage squeezes consumer electronics 09:55 HM King Mohammed VI congratulates Greece president on national day 09:50 JPMorgan adopte une position haussière sur le dollar pour la première fois depuis un an 09:49 Drones strike Kuwait airport again, causing major damage to radar system 09:45 Pope leon xiv begins brief visit to Monaco alongside Prince Albert II 09:30 United States migrant hubs: Cambodian migrant repatriated after transfer to Eswatini 09:29 Bank of America agrees to pay 72.5 million dollars to settle Epstein lawsuit 09:20 Young Spanish woman ends life via euthanasia after rape and paralysis 09:00 United States: police thwart attack plot targeting pro-Palestinian activist 08:50 An Italian researcher claims a second Sphinx lies buried beneath the Giza Plateau 08:45 Morocco strengthens oversight of fuel prices amid global market volatility 08:30 Houthis claim first direct attack on Israel amid escalating regional tensions 08:20 Micron shares drop over 20% in six days after Google unveils TurboQuant 08:00 Meningitis still claims over 250,000 lives worldwide each year 07:51 Italian watchdog validates all board nominations at Monte dei Paschi 07:50 Markets weeks from peak panic amid US-Iran conflict, warns Alpine Macro 07:34 India approves purchase of new air defense missiles from Russia 07:14 United States eases restrictions to boost investment in Venezuelan minerals 17:30 Cybersecurity stocks drop after Anthropic AI model leak 17:16 US-Israel strikes hit Iranian residential areas, killing 18 in Qom 17:00 Morocco caps digital campaign spending to ensure electoral fairness 16:50 Francis Jespers named CEO of Allianz Trade Maroc 16:45 From stage to court: Gims appears before investigating judge in Paris 16:40 Japanese finance minister warns of bold action as yen nears 160 16:30 Canada’s budget deficit reaches C$31.21 billion in first ten months of 2025/26 16:20 Iran war boosts global demand for EVs, solar and heat pumps 16:15 French national wanted by Interpol arrested in Morocco for drug and arms trafficking 16:00 Egypt imposes commercial curfew amid rising energy costs 16:00 Lagarde warns Iran war energy shocks could last years amid ECB rate hike debate 15:45 Türkiye confirms no threat at incirlik air base amid siren rumors 15:40 European stocks dip as Middle East war fuels ECB rate hike bets 15:30 Campaigns competing for Les Étoiles projected on the big screen at Megarama Casablanca 15:24 Dacia Maroc sponsors 35th Rallye Aïcha des Gazelles 15:20 Macquarie warns oil could hit $200 if Iran war lasts to June 15:15 Spain’s plan to tax non-EU property buyers faces parliamentary deadlock 15:10 Vicenne reports 30% revenue growth and 58% net profit rise in 2025 15:00 Costa Rica strengthens support for Morocco’s autonomy plan on Moroccan Sahara 14:50 Asia-Pacific governments roll out emergency measures amid energy crisis 14:45 Kuwait Port targeted in drone and missile attack amid regional tensions 14:30 Asda profit drops amid aggressive price cuts strategy 14:20 M-Automotiv opens new Renault and Dacia showroom in Rabat 14:15 Prosus considers selling part of its delivery hero stake 14:00 France to announce targeted fuel aid for key sectors 13:50 BYD posts steeper‑than‑expected profit drop in Q4 2025 13:45 Germany considers windfall tax and energy measures amid rising costs 13:30 Bolsonaro released from hospital and placed under house arrest

Daily Press Review - Monday, April 22, 2024

Monday 22 April 2024 - 07:54
Daily Press Review - Monday, April 22, 2024

SIAM 2024: An Essential Platform for Sustainable and Resilient Agriculture (Al Bayane)

The 16th edition of the Salon International de l'Agriculture au Maroc (SIAM) returns from April 22 to 28 in Meknès, under the High Patronage of His Majesty King Mohammed VI. This year's theme, "Climate Change and Agriculture: Challenges and Opportunities," emphasizes the urgency of developing sustainable and resilient agricultural systems to confront climate-related challenges.

Spanning over 12 hectares, SIAM brings together more than 70 countries, with Spain as this year's guest of honor. This event provides a platform for experts and agricultural professionals to exchange ideas and share experiences on critical topics such as climate adaptation, technological innovation, sustainability, and the resilience of agricultural systems.

SIAM also serves as a showcase for promoting the richness and diversity of Moroccan terroir products, local craftsmanship, and agricultural products.

Source: Al Bayane

Schengen Visa: PPS Denounces Illegal Practices by Intermediaries and Calls on the Ministry of Foreign Affairs (Al Bayane)

The Group of Progress and Socialism (GPS) in the Chamber of Representatives, through its president Rachid Hamouni, strongly condemns the illegal and damaging practices of intermediaries involved in Schengen visa applications.

In a written question to the Minister of Foreign Affairs, African Cooperation, and Moroccans Residing Abroad, Mr. Hamouni highlights the proliferation of intermediaries who subject visa applicants to harassment and charge exorbitant fees.

Mr. Hamouni points out that obtaining a Schengen visa has become a significant ordeal for Moroccan citizens, who fall victim to intermediaries offering "exclusive deals" at inflated prices.

In response to this unacceptable situation, the PPS representative calls on the Minister to take urgent measures to put an end to these illegal practices and protect Moroccan citizens.

Source: Al Bayane

Royal Air Maroc and Safran Strengthen Partnership in Aircraft Engine Maintenance (Aujourd'hui le Maroc)

Royal Air Maroc (RAM) and Safran have signed a historic agreement in Casablanca on Thursday to strengthen their partnership in aircraft engine maintenance.

The agreement, formalized through a Memorandum of Understanding (MoU) signed by Hamid Addou, President and CEO of Royal Air Maroc, and Jean-Paul Alary, President of Safran Aircraft Engines, includes a significant expansion of the Safran Aircraft Engines Services Maroc (SAESM) site in Casablanca.

This expansion, involving a 30 million dirham investment, will increase SAESM's capacity by 2,000 square meters and increase annual engine maintenance ("shop visits") from 70 to 100 by 2026. The expansion will also create 100 new jobs, bringing the total workforce at SAESM to 350 employees.

With this expansion, SAESM will strengthen its position as a center of excellence for maintaining CFM56 engines within Safran's global maintenance and repair (MRO) network.

Source: Aujourd'hui le Maroc

UNDP Morocco Reports Positive Outcomes: Significant Advances in Regionalization and Sustainable Development (Aujourd'hui le Maroc)

In a new report titled "Retrospective on 5 Years of Support for Development in Morocco (2017-2022)," the United Nations Development Programme (UNDP) highlights the achievements made over the last five years in terms of sustainable development, advanced regionalization, and economic inclusion.

The UNDP has worked closely with the Moroccan government and international entities to implement strategies aimed at improving governance, social inclusion, and economic resilience.

The UNDP has played a crucial role in supporting Morocco's advanced regionalization by strengthening local capacities and promoting more inclusive and participatory public administration.

Source: Aujourd'hui le Maroc

Mohcine Jazouli Visits Germany to Boost Investment in Morocco (Aujourd'hui le Maroc)

Moroccan Minister Delegate to the Head of Government, Mohcine Jazouli, visited Germany to enhance investment opportunities in Morocco. The trip aimed to attract German businesses and investors by showcasing Morocco's economic potential and fostering bilateral partnerships.

Details of this visit and its outcomes were not provided in this brief summary.

Source: Aujourd'hui le Maroc

Mohcine Jazouli Continues Promotion Tour to Attract Foreign Investment to Morocco (Aujourd'hui le Maroc)

Mohcine Jazouli, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies, continues his roadshow to promote Morocco as a prime destination for foreign investment. After a successful trip to Spain in late January, he and his team are now in Germany from April 22 to 25, 2024.

The goal of the tour is to highlight investment opportunities in Morocco and attract new capital to key sectors such as the automotive industry, pharmaceuticals, aerospace, and renewable energy.

This initiative is part of the strategy to strengthen the "Morocco Now" brand in key markets. The tour also comes at a favorable time, following the launch of Morocco's Green Hydrogen Development Program and the completion of several strategic investment agreements in the electric battery sector.

Source: Aujourd'hui le Maroc

Morocco and Belgium: A Shared Past, Present, and Future (Liberation)

Morocco and Belgium are bound by a shared past, present, and future, as emphasized by Rudi Vervoort, Minister-President of the Brussels-Capital Region, during his visit to Rabat on Friday.

Following a meeting with Nasser Bourita, Morocco's Minister of Foreign Affairs, African Cooperation, and Moroccans Residing Abroad, Mr. Vervoort underscored the strong partnership and distinguished ties that connect the two countries, as well as the solid friendship that underpins their common future.

Discussions covered several topics of mutual interest, including the relationship between Morocco and Belgium, especially with the Brussels-Capital Region, home to the largest Belgian-Moroccan diaspora in the country.

Mr. Vervoort noted that a few months ago, the 21st anniversary of the cooperation and partnership agreement with the Rabat-Salé-Kénitra region was celebrated, with a focus on exchange programs, cooperation, and best practices to strengthen the relationship between the two regions, which share a similar development trajectory.

Source: Liberation

Washington Hosts Dinner-Debate to Explore Challenges and Prospects of the Moroccan Economy (Liberation)

The Moroccan Embassy in Washington held its second annual dinner-debate on Friday, focusing on "The Moroccan Economy: Challenges and Prospects." This event, held alongside the Spring Meetings of the World Bank and the IMF, brought together leading economic players to discuss the strengths and challenges of the Moroccan economy.

Attendees included Morocco's Minister of Economy and Finance, Nadia Fettah, the U.S. Deputy Assistant Secretary of Commerce for the Middle East and Africa, Thomas Bruns, U.S. Deputy Assistant Secretary of State, Joshua Harris, representatives from influential American think tanks, Moroccan experts from the World Bank and the IMF, private sector leaders, and representatives from U.S.-based development financing agencies.

In his address, Morocco's Ambassador to the United States, Youssef Amrani, highlighted the economic progress achieved by Morocco under the leadership of His Majesty King Mohammed VI, emphasizing the country's resilience and exemplary post-crisis management, positioning Morocco as a model to follow.

Mr. Amrani also praised the valuable human capital of Moroccan experts at the World Bank and the IMF, recognizing their expertise and extensive networks in various fields.

Source: Liberation


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