Breaking 09:15 Hyundai recalls over 54,000 vehicles in the US due to fire risk 09:07 OIM study highlights territorial migration governance progress in Morocco 09:00 Google unveils new connected glasses featuring AI assistant Gemini 08:45 Lithuania issues drone alert as Vilnius airport suspends flights 08:44 HSBC chief warns 200,000 staff to adopt AI or risk falling behind 08:30 Solar set to become world’s top energy source by 2032, BNEF says 08:30 Bodies of the last two Italian divers recovered in the Maldives 08:19 Oil market faces panic risk if Hormuz closure extends into June 08:15 China defends rare earth export controls and signals cooperation with the United States 08:00 Indonesia’s central bank increases interest rates beyond expectations 07:58 Jensen Huang says he would not build Nvidia again today 07:45 Stellantis Rennes plant to produce Dongfeng electric vehicle 07:39 Taiwan vows to defend sovereignty amid uncertainty over US support 07:30 Commerzbank employees rally against UniCredit takeover bid 07:20 Skoda unveils affordable Epiq electric SUV with compact urban focus 07:15 Xi and Putin reaffirm ‘unshakable’ ties amid global tensions 07:02 Samsung workers prepare historic strike after wage talks collapse 07:00 South Korea: Samsung strike could disrupt economy and global tech supply chains 16:17 Bitcoin whale wallets hit 20,229 as price slips below $80,000 15:51 Gold falls to six-week low as US yields rise 15:35 Asia-Pacific airlines face collapse risk as fuel costs double 15:19 Solana becomes leading institutional stablecoin settlement network report shows 15:03 Ebola outbreak in DR Congo may exceed 1,000 cases, WHO warns 14:47 Google io 2026 introduces major Gemini ai updates 14:36 Crypto markets rebound after Trump halts Iran strike plan 14:15 Scientists track dolphin health using DNA in seawater 13:50 Sweden selects Naval Group for four billion dollar frigate deal 13:31 China secretly trains Russian soldiers for Ukraine war 13:19 Local resistance disrupts billion dollar AI data center expansion 13:03 Bosch secures long term electric motor deal with Mercedes-Benz 12:45 Workday plans to expand workforce in India and strengthen AI investments, executive says 12:30 Togo removes visa requirement for all African nationals 12:15 Canada approves redevelopment of Hope Bay gold mine in the Arctic 12:00 Hungary’s Prime Minister Péter Magyar visits Poland and Austria to strengthen European ties 11:45 King Charles III, accompanied by stars, launches the Chelsea Flower Show 11:30 Varta to cut 350 jobs after losing major client 11:16 OMS alerte sur une épidémie d’Ebola meurtrière en République démocratique du Congo 11:15 Bosch wins contract to supply mercedes with electric motors 11:00 China’s top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank 10:59 Ocean Census records 1,121 new marine species in one year 10:58 Three people missing after building collapse in Görlitz 10:45 France and Turkey top Europe’s prison overcrowding with 131 inmates per 100 places 10:39 South Korea and Japan agree on joint oil and LNG reserves cooperation 10:30 Egypt shooting leaves eight dead, authorities suggest suspect may have been mentally ill 10:22 Europe and China launch SMILE satellite to study Earth’s magnetic shield 10:15 Aziz Akhannouch defends government social and economic record ahead of end of mandate 10:05 Final Fantasy creator calls AI remake concept of FF6 incredible 10:00 Jean-Noël Barrot expected in Rabat for talks with Nasser Bourita 09:45 France debates emergency agriculture bill covering water, pesticides and farming reforms 09:41 Maariv reports details of Netanyahu’s visit to the United Arab Emirates 09:38 Decart raises 300 million dollars in Nvidia and Amazon backed round 09:30 Sterling slips after weak UK jobs data as political uncertainty grows

Daily Press Review - Monday, March 11, 2024

Monday 11 March 2024 - 19:00
Daily Press Review - Monday, March 11, 2024

The Moroccan Sahara: An Undeniable Identity in the Kingdom's Archives

The director of the Royal Archives, Bahija Simou, stated that the presence of the Sahara in Morocco's archives is clear and leaves no doubt about its belonging to the Kingdom, both in its western and eastern parts. This was declared during a conference organized by the Ribat Al Fath Association for Sustainable Development on "Moroccan sovereignty over the Saharan provinces through the Royal Archives."

Simou emphasized that the Sahara is an integral part of Moroccan territory and has its own specificity. It has interacted with the rest of the country in cultural, economic, and political aspects for centuries, across different dynasties that have ruled in Morocco.

The archives and documents preserved by the Royal Archives are irrefutable evidence of Morocco's sovereignty over the Saharan provinces. These documents demonstrate the attachment of the tribes in these provinces to the Moroccan Sultans and Kings, as well as the efforts made by the latter to defend the Kingdom's territorial integrity and develop these regions.

Le Matin du Sahara

The DGI Launches a New Strategic Plan for 2024-2028

The General Directorate of Taxes (DGI) has unveiled its new strategic plan for the period 2024-2028. This ambitious roadmap aims to strengthen tax revenue mobilization, improve taxpayer experience, and promote tax equity.

The strategic plan revolves around six major priorities:

1. Enhancing taxpayer trust and experience: The DGI pledges to simplify administrative procedures, strengthen communication, and provide quality services to taxpayers.

2. Promoting voluntary compliance and tax equity: Emphasis will be placed on combating tax fraud and evasion, as well as establishing a fairer and more transparent tax system.

3. Strengthening human capital: The DGI will invest in training and developing its skills to have competent and committed personnel.

4. Modernizing tools and technologies: Technological innovation will be at the heart of the DGI's strategy to improve the efficiency of its services and facilitate interactions with taxpayers.

5. Consolidating governance and performance: The DGI is committed to strengthening its internal governance and improving its overall performance.

6. Contributing to economic and social development: The DGI intends to play an active role in the country's economic and social development by mobilizing the fiscal resources necessary to finance public policies.

Le Matin du Sahara

Gender Pay Inequality in Morocco: Women Earn 20% Less Than Men

On the occasion of International Women's Rights Day, the High Commission for Planning (HCP) released alarming data on gender pay inequality in Morocco.

In 2019, the median salary for men was 3,400 DH, compared to 2,800 DH for women, representing a 20% gap. This gap is even wider in urban areas, where men earn an average of 4,900 DH compared to 3,900 DH for women.

The wage gap is also significant among employees with higher education. It reaches 37% in favor of men and mainly stems from wage disparities in the private sector, which amount to 82%.

Employment in the private sector contributes 79% to the wage gap between men and women with higher education.

Aujourd'hui le Maroc

Attijariwafa bank Launches "Attijari CapAccess," an Innovative Scheme for Financing Investment Projects in Morocco

Attijariwafa bank announced, during a meeting in Rabat, the launch of a new customized scheme for financing investment projects of Moroccan companies. Named "Attijari CapAccess," this scheme is the result of a partnership between Attijariwafa bank, the Mohammed VI Fund for Investment (FM6I), and Tamwilcom.

"Attijari CapAccess" aims to facilitate access to financing for Moroccan companies, especially those lacking sufficient equity. It is a subordinated debt product backed by bank debt, allowing companies to finance their investment projects while preserving their capital.

Aujourd'hui le Maroc

Samir Employees Express Anger: "The Head of Government Bears Major Responsibility"

Samir employees and retirees organized a protest march on Thursday, March 7, 2024, to denounce deteriorating living conditions and demand the resumption of refinery activities.

Despite the rainy weather, protesters gathered in large numbers outside the company's headquarters, equipped with umbrellas and banners. They chanted slogans against the government and held it responsible for the current situation.

Protesters particularly denounced the non-payment of 40% of their monthly salary and contributions owed to the CIMR since 2016. They also criticized the current company syndicate for its inaction.

Al Bayane

Rabat Declaration on Water Stress: Call to Action for Water Preservation

Participants in the 1st Arab Academic Summit on Water, held in Rabat from March 6 to 8, 2024, called for urgent action to combat water stress and ensure water security in the Arab region.

The "Rabat Declaration," adopted at the end of the summit, emphasizes the need to improve access to climate finance to support investments in sustainable water management projects.

Participants also called for conducting prior impact assessments for approval of agricultural projects to assess their water consumption and impact on water resources.

Al Bayane

Rallye Aïcha des Gazelles: Heading Towards a 33rd Edition of Solidarity and Eco-Responsibility

From April 13 to 27 this year, the Moroccan desert will resonate with the rhythm of the 33rd edition of the Rallye Aïcha des Gazelles. A 100% women's sports event promising a unique adventure through the sandy and rocky tracks of southern Morocco.

Organized by the Maïenga agency, the rally will bring together 400 women divided into 200 teams, representing 17 different nationalities. A melting pot of cultures and horizons coming together around strong and common values: solidarity, courage, kindness, sisterhood, and tolerance.

More than just a race, the Rallye Aïcha des Gazelles aims to be a true personal and collective challenge. An opportunity for these bold women to break stereotypes and assert themselves in a traditionally male domain.

L'Economiste

Lydec Unveils Action Plan Against Drought in Casablanca

The filling level of the Sidi Mohamed Ben Abdellah dam, which largely supplies Casablanca, is only 21.97% as of March 6, 2024, compared to 23.27% at the same period last year. A significant decrease reflecting the severity of the situation.

The Oum Er-Rbia basin is also affected by drought, with a current reserve volume of 313.86 million m3 compared to 493.71 million m3 in 2023. This decrease represents a loss of 179.85 million m3.

Lydec has also intensified its efforts to combat water leaks, a problem affecting all distribution networks. 32 teams are mobilized for the search and repair of leaks on a distribution network of 16,800 km.

L'Economiste


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