Breaking 17:00 Moroccan tomato exports to Finland reach record high level 16:45 Masai Ujiri praises Morocco as a continental leader in sports investment 16:30 UK warns firms to prepare for risks from frontier Ai models 16:27 Morocco coastal fishing value rises despite lower catches 16:15 Leftist Sanchez advances to Peru presidential runoff after extended vote count 16:08 Morocco ceramic industry pact aims to restructure sector 16:00 Denmark investigates whether dead whale is Germany’s rescued humpback “Timmy” 15:52 Rabat region health group aims to improve care coordination 15:47 Calls grow for US designation of polisario as terrorist group 15:45 Panama Canal rules out shipping restrictions despite drought concerns for 2026 15:30 Hiscox shares surge on reports of possible acquisition interest 15:25 As Eid al Adha approaches casablanca food prices show mixed movement 15:17 Mehdi Tazi elected to lead Moroccan employers confederation 15:15 Venezuela launches major debt restructuring amid economic challenges 15:00 Prediction markets face growing scrutiny over suspicious trading activity 14:59 BCP Group's private bank launches new brand identity and expands across Morocco 14:45 Tech CEOs called to capitol hill for major senate hearing 14:40 Microsoft cancels Claude Code licenses and shifts developers to Copilot CLI 14:30 Starbucks cuts corporate jobs and restructures regional offices in the United States 14:22 Dongfeng expands presence in Morocco with Casablanca showroom opening 14:15 German Chancellor Merz questions opportunities in the United States 14:10 Gold hits one week low as oil inflation fears weigh on metals 14:00 Private credit funds face pressure amid market uncertainty 13:45 OFPPT board approves the 2026 action plan 13:42 Rachid Ellouah wins Spanish arm wrestling title and targets world stage 13:33 Figure AI robots exceed 24 hours of warehouse operation test 13:30 UAE speeds up pipeline project to bypass the Strait of Hormuz 13:15 India-UK trade deal faces steel dispute before implementation 13:00 Morocco opens voter registration period ahead of 2026 parliamentary elections 12:45 BT revives talks over international business sale 12:30 Putin says measures to support Russian economy are starting to show results 12:15 One dead and two seriously injured in shooting in Nantes 12:00 Ackman’s Pershing Square takes new stake in Microsoft, citing attractive valuation 11:53 Morocco expands 20 billion dirham buffer for budget 2026 11:45 Reliance-Disney’s JioStar launches legal action against Zee over Bollywood film rights 11:30 Ecuador arrests alleged gang leader amid crackdown on organized crime 11:20 Morocco legal reform bill 66.23 sparks parliamentary tensions over lawyers 11:15 Ben Gvir sparks controversy with remarks about settlement plans in southern Lebanon 11:04 A viral video claiming Michael Jackson was spotted on a bus in Brazil is fake 11:00 NamX secures European patent and advances hydrogen industrialization 10:45 Serbia prepares final proposal on NIS takeover by Hungary’s MOL 10:43 X agrees to stricter UK crackdown on hate speech and militant content, regulator says 10:35 At Samsung, the global AI boom fuels strike tensions and internal divisions 10:35 UAE accelerates pipeline project to bypass Strait of Hormuz 10:30 Orban’s media empire weakens after Hungary’s election upset 10:25 Saad Lamjarred tried for rape: verdict expected this Friday 10:20 Ebola outbreak declared in the Democratic Republic of the Congo, says Africa CDC 10:17 Oil surge rattles markets as inflation fears intensify 10:15 TSMC plans major share sale in Vanguard Semiconductor 10:12 Texas carries out its 600th execution since 1982 10:00 Morocco launches mandatory digital VAT declaration platform from June 2026 09:46 Bank of Canada says AI is not causing widespread job losses 09:45 Philippines suspends Senate security chief after Senate shootout and ICC-linked escape 09:44 Authorities intensify livestock supply monitoring ahead of Eid al-Adha 09:39 Six-year program aims to empower 5,000 women through cooperatives in Morocco 09:30 North Korea condemns UK sanctions on children’s camp 09:18 Vivo Energy Maroc promotes inclusion through football tournament with Naybet 09:15 Erdoğan highlights strategic importance of the East-West Middle Corridor 09:04 Morocco overhauls pharmaceutical law to strengthen health sovereignty 09:00 Moroccan government approves new status for territorial administration employees 08:51 Morocco launches digital platform to modernize road transport sector 08:45 Devyani International narrows quarterly loss as KFC and Pizza Hut sales improve in India 08:40 United States eases World Cup 2026 visa rules for supporters 08:30 Centrica to pay millions after investigation into British Gas prepayment meters 08:23 World Cup 2026 halftime show to feature Shakira, Madonna and BTS in New York final 08:15 Gautam Adani expands business empire across energy, infrastructure and artificial intelligence 08:07 Akhannouch launches Rabat regional health authority reform plan 08:00 Bank of Korea official warns of rising inflation concerns amid global uncertainty 07:51 UN demands answers after Taliban detain Afghan journalists 07:45 Australian court strengthens protections for transgender rights in landmark app discrimination case 07:37 Amazon cancels Lord of the Rings MMO after years of setbacks 07:30 German economy faces pressure from Iran conflict and global uncertainty 07:18 NOAA raises El Niño odds as forecasters warn of extreme event 07:15 Xi Jinping gives Donald Trump rare visit to historic Zhongnanhai compound in Beijing 07:03 Chinese AI stocks become nearly impossible to short before July 07:00 Finland suspends flights at Helsinki Airport after drone threat alert

Daily Press Review - Thursday, May 2, 2024

Thursday 02 May 2024 - 10:00
Daily Press Review - Thursday, May 2, 2024

Successful Second Leg of the GO Siyaha Caravan in Casablanca-Settat
Source: Aujourd'hui le Maroc

The second leg of the GO Siyaha caravan, held on April 29 in Casablanca-Settat, was a resounding success, drawing numerous economic and tourism stakeholders from the region. This initiative, jointly organized by the Ministry of Tourism, Handicraft, and Social and Solidarity Economy, the Moroccan Agency for SMEs, and the Regional Tourism Council of Casablanca-Settat, aims to support and promote the tourism sector's development across various regions in Morocco.

"We are thrilled with the enthusiasm generated by the GO Siyaha caravan in Casablanca," stated Hamid Bentahar, President of the National Tourism Confederation. "This program, part of the 2023-2026 tourism roadmap, aims to support 1,700 tourism enterprises by 2026, with a total budget of 720 million dirhams."

Craftsmanship: 395,000 Artisans Registered in the National Registry
Source: Aujourd'hui le Maroc

The number of artisans registered in the National Registry of Craftsmanship (RNA) has reached 395,000, announced Fatim-Zahra Ammor, Minister of Tourism, Handicraft, and Social and Solidarity Economy, during a session at the Chamber of Advisors.

This number, which has grown compared to previous years, reflects the dynamic nature of Morocco's craft sector and the government's commitment to supporting artisans and promoting their skills. 

The RNA's implementation, which is part of the sector's structuring and organization strategy, has facilitated the rollout of social coverage for artisans, a significant step toward improving their living conditions and providing adequate social protection.

Craftsmanship plays a crucial role in Morocco's economy, contributing 7% to the GDP and employing 22% of the active workforce. It is also a key pillar in preserving national heritage, as it conveys Moroccan traditions and culture through its unique products.

Kénitra: SMIT Explores the City's Tourism Potential for the 2030 World Cup
Source: Aujourd'hui le Maroc

The Moroccan Society for Tourism Engineering (SMIT) is conducting a market study to explore the tourism potential of Kénitra in anticipation of the 2030 FIFA World Cup, which Morocco will co-host. The goal is to develop the city's tourism offerings to prepare for this global sporting event.

Kénitra, located in the Rabat-Salé-Kénitra region, is one of the cities slated to host World Cup matches. SMIT expects a significant influx of visitors during the event, necessitating an expansion of the city's tourism infrastructure.

Currently, Kénitra's tourism offerings are limited in terms of accommodation and tourist activities. SMIT aims to diversify the offerings to cater to different market segments and establish Kénitra as a complementary destination to Rabat and Salé.

The tourism roadmap for the Rabat-Salé-Kénitra region includes the creation of 20,000 hotel beds by 2030. SMIT plans to distribute these new accommodations evenly among the major cities in the region, including Kénitra.

Nasser Bourita Reaffirms Morocco's Commitment to Successful Electoral Processes in Africa
Source: Aujourd'hui le Maroc

Morocco's Minister of Foreign Affairs, African Cooperation, and Moroccan Expatriates, Nasser Bourita, reiterated Morocco's commitment to supporting successful electoral processes across Africa. Speaking at an international conference, Bourita emphasized the importance of transparent and fair elections for the continent's political stability and development.

The minister highlighted Morocco's experience in organizing democratic elections and pledged to continue providing assistance to African nations in building robust electoral systems. The objective is to foster democratic governance and encourage sustainable political practices throughout the continent.

Morocco Reaffirms Commitment to Supporting Democratic Electoral Processes in Africa
Source: Liberation

Morocco has reiterated its commitment to supporting democratic electoral processes in Africa by training qualified election observers and sharing its expertise in this domain.

The Minister of Foreign Affairs, African Cooperation, and Moroccan Expatriates, Nasser Bourita, emphasized this commitment during the opening of the third edition of the Specialized Training Cycle for African Election Observers, held in Rabat from April 29 to May 3, 2024.

"The Kingdom is ready to equip Africa with qualified election observers capable of promoting the democratic process across the African continent," Bourita stated.

This training program, organized by Morocco in partnership with the African Union Commission, aims to equip participants with the skills necessary to observe African electoral processes impartially and credibly.

Morocco is the first African country to organize continent-wide training for election observers. Since 2022, the Kingdom has trained 155 African observers, thus contributing to Africa's capacity to manage its electoral processes.

The year 2024 is particularly significant for Africa, with 19 elections scheduled, including 11 presidential elections. This makes training election observers even more crucial this year.

Morocco and Spain: A New Partnership to Boost Scientific Research
Source: Les Inspirations Eco

Morocco and Spain have taken a significant step in strengthening their scientific cooperation by signing an agreement on Tuesday in Rabat. The agreement, between Spain's Higher Council for Scientific Research (CSIC) and Morocco's National Center for Scientific and Technical Research (CNRST), aims to promote joint scientific research in areas of common interest, such as artificial intelligence, agriculture, environment, information technology, renewable energy, health, and space sciences.

A key element of this agreement is the launch of joint research project calls, allowing Moroccan and Spanish researchers to collaborate on current and impactful topics.

The agreement reflects both countries' commitment to deepening their strategic partnership in the field of research and innovation. By pooling expertise and resources, it fosters exchanges between researchers and stimulates innovation in key development areas.

Association of Food Industry (AFI) Holds Its 118th Annual Convention in Marrakech
Source: Les Inspirations Eco

The Association of Food Industry (AFI), an American organization bringing together food industry professionals, is holding its 118th annual convention in Marrakech from May 3 to May 4, 2024. This is the first time the event is being held in Morocco, signifying the Kingdom's dynamic agri-food sector and its growing attractiveness to foreign investors.

Organized in partnership with Morocco Foodex, the convention provides American professionals with the opportunity to explore business prospects in Morocco's key sectors, such as agriculture, maritime fishing, citrus fruits, and olive oil.

Ahead of the convention, masterclasses were held in Casablanca on April 29 and 30, led by Bob Bauer, President of the AFI. These sessions covered the U.S. Food and Drug Administration's Foreign Supplier Verification Program, a crucial regulation for companies looking to export food products to the U.S.

The annual convention in Marrakech will focus on the challenges and future prospects of the agri-food industry. Conferences and workshops will address strategic themes such as innovation, sustainability, food safety, and access to international markets.

Engie Withdraws from Safi Coal Plant to Focus on Renewables in Morocco
Source: L'Economiste

The French energy group Engie has announced its intention to withdraw from the Safi coal plant, Morocco's largest, by January 2027. This decision aligns with the group's broader strategy to focus on renewable energy and next-generation energy infrastructure.

"We are committed to divesting from SAFIEC," said Loïc Jaegert-Huber, Director for North Africa, Middle East, and South Asia at Engie. The company currently holds a 33% stake in the coal plant.

Engie's withdrawal is driven by its goal to reduce its carbon footprint and support Morocco's energy transition. The group has already received interest from potential buyers for its stake in SAFIEC.

Despite this withdrawal, Engie remains a key player in Morocco's energy sector. The group is involved in the construction of the Tarfaya wind farm (300 MW), one of Africa's largest, and a major desalination plant in Dakhla.


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