Moroccan PM Calls for Speeding National E-Integration

Morocco’s Prime Minister Saadeddine Othmani (Arabic website)
Morocco’s Prime Minister Saadeddine Othmani (Arabic website)
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Moroccan PM Calls for Speeding National E-Integration

Morocco’s Prime Minister Saadeddine Othmani (Arabic website)
Morocco’s Prime Minister Saadeddine Othmani (Arabic website)

Morocco’s Prime Minister Saadeddine Othmani called for establishing a national e-strategy which promotes the integration of digital technology for the African country to catch up with world countries, after its rank slid in the latest United Nations e-government survey.

In the UN E-Government Survey 2018, Morocco ranked the 110th out of 193 countries vetted worldwide. Before, Morocco ranked 85th.

It is also worth noting that Morocco’s ranking places it sixth among African countries.

The survey aims to promote E-Systems for governing member states of the UN, whereby world governments are asked to develop online platforms that better present public services and provide information concerning certain sectors.

It also measures e-participation and focuses on the use of online services to provide and facilitate citizen access to public information and services, interaction with stakeholders, and participation in the national decision-making processes.

“Morocco is betting on digital transformation in order to create a qualitative leap in economic and social development,” Othmani said.

“We need a combined vision to translate the digital transformation envisaged in our country and ensure maximum use of digital technologies.”

The prime minister went on explaining that aim of his vision for digital transformation is to “create new patterns that provide the comfort of the intruders in their relationship to public administration, nurture a positive atmosphere that increases competitiveness among Moroccan enterprises, especially in the digital market, and facilitate the actualization of Morocco's ambition for African economic integration.”

Othmani cited progress achieved by Morocco’s state institutions on developing online services pertaining to tax return statements for large and medium companies, some licenses such as construction permits, and customs import and export operations.



Oil Prices Set to End Week over 3% Lower as Supply Risks Ease

FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo
FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo
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Oil Prices Set to End Week over 3% Lower as Supply Risks Ease

FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo
FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo

Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears.
Brent crude futures fell 55 cents, or 0.8%, to $72.73 a barrel by 0758 GMT. US West Texas Intermediate crude futures were at $69.52, down 20 cents, or 0.3%, compared with Wednesday's closing price.
On a weekly basis, Brent futures were down 3.3% and the U.S. WTI benchmark was trading 3.8% lower.
Israel and Lebanese armed group Hezbollah traded accusations on Thursday over alleged violations of their ceasefire that came into effect the day before. The deal had at first appeared to alleviate the potential for supply disruption from a broader conflict that had led to a risk premium for oil.
Oil supplies from the Middle East, though, have been largely unaffected during Israel's parallel conflicts with Hezbollah in Lebanon and Hamas in Gaza.
OPEC+, the Organization of the Petroleum Exporting Countries and allies including Russia, delayed its next policy meeting to Dec. 5 from Dec. 1 to avoid a scheduling conflict. OPEC+ is expected to further extend its production cuts at the meeting.
BMI, a unit of Fitch Solutions, downgraded its Brent price forecast on Friday to $76/bbl in 2025 from $78/bbl previously, citing a "bearish fundamental outlook, ongoing weakness in oil market sentiment and the downside pressure on prices we expect to accrue under Trump."
"Although we expect the OPEC+ group will opt to roll-over the existing cuts into the new year, this will not be sufficient to fully erase the production glut we forecast for next year," BMI analysts said in a note.
Also on Thursday, Russia struck Ukrainian energy facilities for the second time this month. ANZ analysts said the attack risked retaliation that could affect Russian oil supply.
Iran told a UN nuclear watchdog it would install more than 6,000 additional uranium-enriching centrifuges at its enrichment plants, a confidential report by the watchdog said on Thursday.
Analysts at Goldman Sachs have said Iranian supply could drop by as much as 1 million barrels per day in the first half of next year if Western powers tighten sanctions enforcement on its crude oil output.