Breaking 18:30 Portkey open-sources AI gateway handling 1 trillion tokens daily 18:15 Asia imposes fuel rationing and shorter workweeks amid Iran war crisis 18:05 Jet fuel tops $4 per gallon as airlines raise fares worldwide 17:40 Israeli airstrike hits Christian town north of Beirut for first time 17:30 European stocks rally on US-Iran ceasefire proposal 17:20 Fiat Professional expands range with Titano pickup 16:50 Tesla Cybercab introduces unified door handle after safety concerns 16:24 Saudi crude tanker rates from Yanbu plummet as ships flock to Red Sea port 16:20 UN reports over 6,000 housing units approved in West Bank settlements 16:10 Danone secures billions in bonds amid war-driven market volatility 15:50 Morocco launches livestock verification for final aid payments 15:40 Johns Hopkins team releases detailed atlas of human brain development 15:20 NASA clears Artemis II for April 1 moon mission launch 14:50 Lesieur Cristal appoints Karim Manssour-Dahbi as chief executive 14:35 BNP Paribas moves to exit Morocco with BMCI reclassified for sale 14:20 Lagarde warns businesses may pass on Iran war energy costs faster than in 2022 13:50 Morocco's dams at decade-high levels as El Niño threat looms over water security 13:45 Morocco tightens rules on property holding companies to end ghost firm loophole 13:20 Bitcoin tops $71,000, outperforming gold and stocks since Iran conflict began 13:00 Second zombie tanker crosses Hormuz as deception tactics spread 12:45 India approves $3 billion plan to boost regional air connectivity 12:40 Norway's $2.1 trillion sovereign fund to allow AI-driven investment decisions under human oversight 12:30 Morocco and Spain dismantle ISIS-linked terror cell 12:16 Morocco scores zero in Global Terrorism Index, ranking among world's safest nations 12:15 Arm shares surge as new AI chip promises billions in revenue 12:00 Italy’s growth outlook weakens amid Iran conflict, business Lobby warns 11:55 Abidjan to host 16th international book fair under theme of reading for progress 11:45 US increases fuel exports to Cuba's private sector amid blockade 11:40 Morocco launches livestock verification drive ahead of second subsidy payment 11:30 Turkey mediates between Iran and U.S. to encourage peace talks 11:29 Marrakech Comedy Festival set to launch in June with Disney+ broadcast deal 11:20 MEGA V STORES Morocco rebrands as Brands & Corners in retail overhaul 11:15 Denmark's Frederiksen faces challenging coalition talks after historic election loss 11:15 Global borrowers rush bond markets as geopolitical volatility shrinks issuance windows 11:11 Apple releases iOS 26.4 with AI playlists, new emojis, and platform-wide updates 11:10 Moroccan expert Khalid Tinasti joins UN panel to reshape global drug policy 11:00 Khénifra approves series of development projects to boost health, infrastructure, and culture 10:52 Morocco's largest bank eyes equity stake in French AI startup Mistral 10:50 UN warns billions still lack safe water as inequalities deepen 10:45 China Eastern Airlines to acquire 101 Airbus jets in $15.8 billion deal 10:40 Morocco-backed agency launches emergency health and education drive in Jerusalem 10:30 China warns of retaliation over Mexico's tariff hikes 10:20 Silver surges past $73 as US-Iran conflict sustains safe-haven demand 10:15 Japan requests additional coordinated oil stockpile release amid Middle East tensions 10:00 UK police arrest two men over arson attack on Jewish community ambulances 10:00 IMF cuts Morocco's 2026 growth forecast to 4.4% amid global headwinds 09:45 European stocks rise on hopes for Middle East peace plan 09:40 AWS AI agent plans spark broad selloff in enterprise software stocks 09:30 Morocco’s avocado exports drop to 58,000 tonnes amid challenging season 09:20 Oil prices near $100 prompt emergency reserve release and renewable energy push 09:15 Airtel Africa appoints Gopal Vittal as new chair in leadership transition 09:00 Toyota recalls over 144,000 vehicles in the U.S. over rearview camera issue 08:50 Oil market volatility leads advisors to rethink investment portfolios 08:45 Hedge fund founder Odey testifies in challenge against industry ban 08:30 China calls on Japan to take legal action after embassy break-in in Tokyo 08:20 General Fusion develops diagnostic method for large-scale fusion machine 08:15 Love Brand 2025 | Orange ranked 1st among the favorite international brands of consumers in Morocco 08:00 ASOS reports strong profit growth following cost-focused strategy 07:50 Falcon Energy Materials restructures ownership after Sama Resources exit 07:45 South Korea boosts investment in advanced aircraft technologies for defense 07:30 Air Liquide plans global reallocation of helium amid supply shortage 07:15 Kuwait targeted by renewed missile and drone attacks 07:00 French university platform hack exposes data of nearly 800,000 users

Daily Press Review - Monday, January 8, 2024

Monday 08 January 2024 - 08:59
Daily Press Review - Monday, January 8, 2024

L'OPINION

Education sector... Innovations in the Unified Status

The new version of the Unified Status for teachers has been presented to the unions after lengthy negotiations between the government and social partners. Unions are invited to provide their final observations by January 15, as set by Prime Minister Aziz Akhannouch. Notable changes include lowering the age limit for entering the profession to 30 instead of 45 and integrating cadre teachers from the Regional Academies of Education and Training (AREF) into the Civil Service. The Status also specifies that all teachers are civil servants, whether they work in the central sector, regional academies, or other establishments. The weekly working hours will be determined by ministerial decree in collaboration with the permanent commission for curriculum and program revision and adaptation. The text also introduces professional incentive measures, including specific allowance increases for teachers outside the regular scale, the creation of a grade reserved for aggregated teachers in 2024, and rewards such as Professional Merit Awards. According to the Minister of National Education, Chakib Benmoussa, this new Status is crucial for implementing the education reform outlined in the 2022-2026 roadmap.

 

LIBÉRATION

Morocco Embraces Digital Transformation to Achieve National Strategy Goals

In its efforts to uphold public life, Morocco is turning towards digital transformation to achieve the goals of its national strategy for the prevention and fight against corruption (2015-2025), in line with the United Nations Convention against Corruption. The fight against corruption benefits from digital evolution, according to the annual report of the National Authority for Probity, Prevention, and the Fight against Corruption (INPPLC) for the year 2022. Morocco advocates for a citizen-focused digital transformation, with a strategic framework ensuring a high level of support and strengthened governance. Efforts include improving the quality of public services, consolidating citizens' digital inclusion, and accompanying measures for change management. Morocco's international commitment, reflected in COP 28, underscores its active role in reducing fossil fuels. The INPPLC calls for a strategic approach, citizen-oriented transformation, and accompanying measures to ensure the success of digital transformation while strengthening the fight against corruption.

 

LES INSPIRATIONS ECO

EMPLOYMENT: Recruitment Requests Rise by 14%

The job market in Morocco records a remarkable growth of 14% in 2023, according to the annual Rekrute barometer. The sectors of banking, finance, and distribution dominate recruitments. The most demanded functions remain in information technology and electronics, representing 24% of the overall demand. The data indicate a positive trend in the employment landscape, with a strong demand for specialized profiles.

 

LE MATIN DU SAHARA

Food Security in Focus at Scientific Conference in Oujda

The 10th annual conference of the Center for Human and Social Studies and Research in Oujda (CERHSO) focuses on the theme of food security and its challenges in the era of transformations. The conference aims to analyze the impacts of multifaceted challenges on food sovereignty and agricultural policies. Emphasis is placed on addressing these issues in harmony with the Center's objectives, promoting scientific research on economic and environmental phenomena. The proceedings involve institutional actors, experts, and researchers, addressing topics such as food security, the blue economy, climate change, animal health, and transboundary diseases.

 

AUJOURD'HUI LE MAROC

Car-Free Day in Parallel with the MIM

Marrakech takes the initiative to organize a car-free day in tandem with the Marrakech International Marathon. This action, led by the Grand Atlas Association in collaboration with the city, aims to raise awareness about the environment and promote sustainable modes of transportation. The city streets will be free of car traffic, encouraging citizens to rediscover the beauty of Marrakech by walking, cycling, or using public transportation. The chosen date, January 28, 2024, coincides with the Marrakech International Marathon, creating synergy between promoting a healthy lifestyle and celebrating sports in the context of sustainability.

 

AL BAYANE

Banks: Deposits Increase by 3.9%

According to Bank Al-Maghrib (BAM), deposits with banks reached 1,141.9 billion dirhams at the end of November 2023, recording an annual increase of 3.9%. Household deposits increased by 4.8%, reaching 850 billion dirhams, with a significant contribution of 203.3 billion dirhams from Moroccans residing abroad (MRE). Deposits from private companies also increased by 5.8%, reaching 192.5 billion dirhams at the end of November. BAM publishes these data in its "credits - bank deposits" dashboard for November. Meanwhile, the interest rate for 12-month term deposits recorded a decrease of 23 basis points to 2.65%, and that of 6-month deposits decreased by 7 basis points to reach 2.37%. The minimum interest rate for savings accounts was set at 2.98% for the second half of 2023, representing an increase of 147 basis points compared to the previous semester.


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