Breaking 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 13:20 Moroccan crime series k1 set for broadcast on 2m 13:15 UK bond selloff triggers limited pension fund cash calls 13:00 Airlines raise fares and cut flights as jet fuel prices surge 13:00 Les Impériales Week 2026: Anouar Sabri announces a strategic turning point for the sector 12:45 Love Brand 2025 | Maroc Telecom among the most appreciated national brands by consumers in Morocco 12:30 Norway increases defence budget by $12 billion through 2036 12:15 German Chancellor Merz to meet Syrian President Chareh in Berlin 12:10 Hezbollah launches 600 projectiles at Israel in 24 hours, a record doubled 12:00 Cuba seeks Vatican help to ease U.S. oil embargo 11:45 BASF opens largest-ever China plant amid overcapacity concerns 11:45 TSX futures fall as Trump extends Hormuz deadline amid market uncertainty

Daily Press Review - Tuesday, April 23, 2024

Tuesday 23 April 2024 - 14:44
Daily Press Review - Tuesday, April 23, 2024

Wage Increases: UMT Sounds the Alarm over Government Maneuvers

With Labor Day just a week away, wage negotiations have hit a standstill. The government, which had previously promised significant salary improvements, now appears to be linking those increases to controversial reforms, sparking concern and anger among labor unions.

The Union Marocaine du Travail (UMT) is the only union to publicly react to the government's strategy. In a communiqué released last Sunday, the UMT criticized the government's silence on salary intentions and denounced its efforts to tie wage increases to the proposed reforms.

The UMT reiterated its demand for substantial wage hikes to address the rising cost of living and rampant inflation. The union also called for a reduction in income taxes to support household purchasing power.

Source: Al Bayane

The 4th Maroc Historic Rally Starts from Casablanca!

The 4th edition of the Maroc Historic Rally kicked off on Sunday in Casablanca, attracting a crowd of motorsport enthusiasts from around the world. This event, held under the High Patronage of King Mohammed VI, featured high-profile attendees, including the Minister of Industry and Commerce, Ryad Mezzour, and the Governor of the Casablanca-Settat region, Mohamed Mhidia.

Organized by the Grand Maghreb Motor Sports Club in partnership with the Moroccan Federation of Vintage Vehicles and the Royal Moroccan Automobile Club, this rally brings together about a hundred drivers from various countries. Behind the wheels of their vintage cars, they will traverse Morocco's scenic routes, visiting unique sites along the way.

The rally covers over 1,800 km and crosses several regions in Morocco, including Casablanca, Bouskoura, Bouznika, Aguelmouss, Ifrane, Khénifra, Bin El Ouidane, El Brouj, Skour Rhamna, Benguerir, and Marrakech. Participants will tackle 31 special stages designed to test their driving skills and endurance.

Source: Al Bayane

SIAM 2024: A Journey into the Heart of Moroccan Agriculture

Upon entering the Salon International de l'Agriculture au Maroc (SIAM), visitors find themselves immersed in a diverse and rich world. The event features 12 thematic areas showcasing various aspects of Moroccan agriculture.

The "Regions" area highlights the diversity of products and expertise from Morocco's different regions. Each region presents its unique geo-climatic characteristics, agricultural policies, local products, and agrotourism potential.

The "Agro-Supply" area gathers the latest innovations in agricultural inputs and equipment, including fertilizers, seeds, irrigation systems, machinery, and agricultural services.

The "Livestock Inputs" area is dedicated to techniques and solutions promoting animal health and well-being, featuring veterinary activities, specialized services, inter-professional associations, and equipment tailored for livestock farming.

Source: Aujourd'hui le Maroc

French Minister of the Interior Darmanin Praises Franco-Moroccan Security Cooperation

French Minister of the Interior and Overseas Territories Gérald Darmanin made an official visit to Morocco on Monday. He was received by his Moroccan counterpart, Abdelouafi Laftit, where he praised the exemplary security cooperation between France and Morocco.

During their meeting, the two ministers reaffirmed the importance of close collaboration to address shared security challenges, including the fight against terrorism and organized crime. They also discussed migration, emphasizing the need for a coordinated and humane approach to managing this complex issue.

Darmanin expressed his gratitude to Moroccan security services for their involvement in preparing for the 2024 Paris Olympics. The security cooperation between the two countries plays a crucial role in the success of this significant international event.

Source: Aujourd'hui le Maroc

Exceptional Aid for Road Transport Operators: Registration Opens May 3, 2024

The Ministry of Transport and Logistics announced the opening of registration for an exceptional aid program for road transport professionals. This government initiative is designed to support the sector and provide financial assistance to eligible beneficiaries.

Registration for this exceptional aid will open on Friday, May 3, 2024. Road transport professionals can register through the dedicated electronic platform: mouakaba.transport.gov.ma.

Eligibility requirements for this exceptional aid will be announced later by the Ministry of Transport and Logistics. It is recommended that road transport professionals regularly check the ministry's website and official information platforms to learn more about the registration process and the conditions for obtaining this aid.

Source: Le Matin du Sahara

Intelcia Inaugurates New Headquarters in Portugal and Announces Expansion to Brazil

Intelcia, a leading outsourcing firm, officially inaugurated its new headquarters in Portugal today. The event was attended by João Rui Ferreira, Portuguese Secretary of State for the Economy, and Othmane Bahnini, Moroccan Ambassador to Portugal. This move underscores Intelcia's commitment to establishing a long-term presence in Portugal and contributing to the country's economic growth.

Located in the heart of Parque das Nações in Lisbon, the new headquarters spans 4,000 square meters and can accommodate over 500 employees. It positions Intelcia Portugal as a multilingual hub offering services in seven languages.

Since its establishment in Portugal in February 2019, Intelcia has experienced remarkable growth. In just five years, its workforce has grown from 50 to 7,000 employees across 13 sites, representing 41 nationalities. In 2023, the monthly recruitment average reached 300 new hires.

"This new stage in the group's development in Portugal reaffirms its commitment to investing sustainably in the country by creating jobs," said Carla Marques, CEO of Intelcia Portugal.

Source: Le Matin du Sahara

Société Générale Maroc Unveils "Solar Pack" for Sustainable Energy Transition at SIAM 2024

Société Générale Maroc is taking advantage of its presence at the Salon International de l'Agriculture au Maroc (SIAM) to introduce its innovative "Solar Pack." This turnkey solution aligns with the bank's corporate social responsibility (CSR) approach and aims to support businesses and institutions in their transition to clean, sustainable energy sources.

The "Solar Pack" from Société Générale Maroc offers a practical solution to the environmental and energy challenges faced by businesses and institutions. By promoting the installation of photovoltaic panels, this solution allows the bank's clients to access an alternative, cleaner, and more cost-effective energy source, particularly for agricultural operators.

The "Solar Pack" is more than just the provision of photovoltaic panels. It is a comprehensive solution that supports the bank's clients at every stage of their project, from identifying needs to implementing tailored financing solutions.

Source: Les Inspirations Eco

Tétouan: Launch of the 15th Regional Trade Days

The 15th edition of the Regional Trade Days kicked off Friday evening at the Mediterranean House of Lawyers in Tétouan. The event is themed "Youth and Modernization: Pillars of Development and Commercial Growth."

Organized by the Chamber of Commerce, Industry, and Services of Tanger-Tétouan-Al Hoceïma (CCIS-TTA), in partnership with the Municipality of Tétouan and the Bar Association of Tétouan, this event aims to support and accompany regional merchants, promote their products and services, and stimulate commercial activity in the region.

The Regional Trade Days, which will run until May 17, offer a rich and varied program, including conferences, training sessions, exhibitions, and B2B meetings.

Source: Les Inspirations Eco


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