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  • News: Headlines from the Moroccan Press of 24/03/2017

News: Headlines from the Moroccan Press of 24/03/2017

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L'ECONOMISTE :

Currency risk: Reliance instruments: "DELETION of the backing operation per transaction, offsetting of positions ... The proposed general instruction for foreign exchange transactions 2017 dusted off the instruments for hedging financial risks in view of the transition to the flexible exchange rate regime will allow operators to have more suitable blankets .... "

Football: A Marshall Plan for African Stadiums: "Football, which concerns all African youth, will strongly come out in Morocco's cooperation with the continent, and we will intervene to help upgrade stadiums, training centers, of the land with synthetic lawns, exactly like what we have undertaken in Morocco. "Mr. Fouzi Lakjaâ, the president of the Royal Moroccan Football Federation, does not mince his words: the one who has just been elected by a crushing score To the executive committee of the CAF, is currently finalizing an ambitious plan of action with the African federations.The idea is to start by emergencies as with Sao Tomé who got material ... "

AL BAYANE :

London, again in the "terrorist" turmoil: Decidedly, the terror no longer spares no corner of the planet .. Thus, this Wednesday afternoon is the city of London and its inhabitants who were victims when An assailant threw his car on pedestrians crossing the Westminster Bridge leading to Parliament and Big Ben before heading to the main entrance to the Parliament and stabbing a policeman before being killed in turn. Four people were killed in this ignoble massacre and forty others were wounded, according to the commander of the anti-terrorist unit of Scotland Yard that given the mode of operation, immediately favored the Islamic terrorist track. "I am not going to comment on the identity of the attacker but we prefer the track of Islamist terrorism," said Mark Rowley, a senior official of Scotland Yard, who made it clear that it would appear that It is an isolated act perpetrated by an individual who acted alone ... "

L'OPINION :

Harmony: "Relations between Morocco and Jordan have for a long time been characterized by exemplary cooperation on all sides and by a legacy of secular history, reinforced in this by unchanging concertation at the highest level and by an understanding and convergence of Views on regional and international issues. This impulse has continued to consolidate over time thanks to the will of the heads of State of the two countries, His Majesty the King Mohammed VI and His Majesty the King Abdullah II and their unwavering concern to raise relations between Rabat and Amman In terms of the expectations and aspirations of the two countries is supported and even reflected in their respective positions on issues of interest to the Arab world and the Islamic nation, in addition to their constant emphasis on the paramount importance of the fight against terrorism and the federation of efforts to counter extremist doctrines. In this regard, the Heads of State of the two countries are constantly reaffirming the importance of working with the aim of consolidating solidarity and tightening the Arab ranks in the light of the security challenges facing the region, terrorism. "..."

LIBERATION :

Truth and Truth Abandoned: "In the 24th of March, the United Nations commemorates the International Day for the Right to the Truth with regard to gross violations of human rights and the dignity of the victims." Like the countries of the world, Morocco celebrates a day dedicated to honoring the victims of gross and systematic violations of human rights and promoting the importance of the right to truth and justice, and an opportunity to pay tribute to those who devoted their lives to the struggle to promote and protect human rights for all and have even lost it ... ".

UPA's new impetus: "A common plan of action for all Arab causes as we wrote in our edition yesterday, Mr. Habib El Malki, the Speaker of the House of Representatives, the President of the Arab Parliamentary Union, in Rabat on Tuesday, at the closing session of the 24th Conference of the Union whose work was marked by the presentation of a report on the activity of the Union Union and the Executive Committee a report on the situation of the Union and its activities since the 23rd Conference and the adoption of the reports of the 20th and 21st sessions of the Executive Committee .... "

The OSFI meeting: Theme: The women's issue at the heart of social democracy. "The Socialist Organization of Women ittihadies {OSH} is organizing a meeting today on the theme" Women's Issues at the Heart of Social Democracy " in the 24th of March. The decision to hold the meeting was made during the ordinary meeting of the OSFI National Secretariat which took place on Saturday the 11th of March at the party headquarters in Rabat ... "

LE MATIN DU SAHARA :

Centrale Danone innove: Une nouvelle gamme de yaourt fait son entrée chez Danone. Baptisée Fakia, «elle s’inspire de la forte charge symbolique de L’fakia appréciée pour ses qualités diététiques et nutritionnelles», explique le groupe dans un communiqué. Ce nouveau produit est décliné en deux saveurs : une recette à base de dattes, noix et amandes, et une autre avec des figues séchées et du miel. Le groupe affirme que «Danone Fakia est né dans le cadre d'une démarche inédite de co-création avec les consommateurs et avec l'appui et l'expertise de la R&D de Centrale Danone»....."

Forum international: La Fondation Safi, l’émergence de la ville en ligne de mire: "Nouvellement créée, la Fondation Safi affiche déjà ses ambitions. Elle veut favoriser l’émergence de cette ville côtière et accompagner son développement socioéconomique. La première action programmée dans ce sens aura lieu enmai prochain. Il s’agit de l’organisation du Forum international de Safi...."

Stratégie de développement: Un nouveau déploiement africain pour la Banque Populaire. "La Banque Populaire pourrait annoncer de nouvelles extensions en Afrique dans les quelques mois à venir, suite à la conclusion de nombreux partenariats dans le sillage de la diplomatie marocaine...."

AUJOURD'HUI LE MAROC :

The cement group consolidates its results and achieves its first synergies LafargeHolcim Morocco: "The fruit of the merger After the successful merger between Lafarge Ciments and Holcim Maroc, the new entity LafargeHolcim Maroc, LHM, consolidates its results and realizes its first synergies, The LHM Board of Directors held in 22nd of March , 2017, closed the accounts of the company in the 31st of December, 2016, which show an IFRS consolidated net result of 1.63 billion Dirham. .. "

The Group unveils its consolidated financial statements at the end of December 2016 OCP: "Profitability assured Despite the decline in turnover which reached 42.4 MMDH at the end of December 2016 against 47.7 MMDH in 2015, the OCP is still among the highest in the sector, according to figures released by the Group on Thursday. Following a year of difficult market conditions, the OCP recorded an EBITDA margin (earnings before interest, taxes, depreciation and amortization) Amortization) of a 30% at the end of 2016 compared to a much lower average for the industry, while the EBITDA generated was 12.7 MMDH, down from 2015 at 17.6 MMDH (12.1 MMDH), comparable to the level of 2015 (12.2 MMDH) ...... "

The BMCI launches its cycle of conferences on exchange rate flexibility: "the BMCI launched its Corporate Banking conference in Casablanca and Rabat under the theme" The evolution of the Moroccan foreign exchange market: its possible impact on the economy and three conferences were led by the country risk economist in charge of French-speaking Africa at the BNP Paribas, Stéphane Fllby, and the head of RLM, on Treasury, Trading Room at the BNP Paribas Maroc, Laurent Tournaud The conferences were held in the presence of the corporate and institutional clients of the BMCI and focused on the different changes that the Moroccan foreign exchange market will experience in 2017. The stakes, impacts on the management of the company and the importance of resorting to risk hedging strategies as a decisive factor in optimizing cash have also been put forward ... "

LES INSPIRATIONS ECO :

Axa Crédit files its proposed public take-over bid; "The public offer of withdrawal announced by the company for a while has just taken shape, as the Moroccan Capital Market Authority has asked the Casablanca Stock Exchange to suspend the listing of the equity securities of a company, Axa Crédit since the meeting of the 23rd of March, 2017, and this "following the filing of a draft public offer" ..... "

The PJD maintains the suspense of Government forming: "The PJD maintains the suspense. The designated Head of government intends to accelerate the pace of the negotiations. Officially nothing has filtered from the general trend within the PJD after the meeting of its General Secretariat, the Head of the government, Saad-Eddine El Othmani, will begin a new round of concrete negotiations, after a first round of talks with seven political parties.The meeting of the General Secretariat of the Justice and Development Party was eagerly awaited on the other hand, after the latest developments and new positions expressed by the other political parties, but the final communiqué of this decision-making body did not mention the party's decision on alliances contrary to expectations. A new approach to facilitate the task in El Othmani. The General Secretariat of the party "supports El Othmani in his Management of the next negotiations for the formation of a homogeneous and strong government ". Even the party's General Secretary, Mr. Abdeli-lah Benkirane, did not wish to speak on the issue to the press. They merely point out that EI Othmani and the General Secretariat share responsibility for Concerns the forming of the government ... "

 

 

Crédit : IMPERIUMMEDIA