Breaking 08:15 North Korea and Belarus sign cooperation treaty amid geopolitical tensions 08:00 Norway parliament to vote on fuel tax cuts amid rising oil prices 07:50 Oil crisis from Iran conflict drives electric vehicle surge in Asia 07:45 Nepal commission recommends prosecution of former prime minister over protest crackdown 07:30 Australia suspends entry for Iranian visitors amid rising regional tensions 07:15 WHO warns Cuba’s health situation is deeply concerning amid energy crisis 07:00 ECB considers April rate hike as inflation risks rise 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

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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