00:00Hello and welcome to this new edition around the economic news in Morocco, the Regional Agency for the Execution of Projects of the Casablanca State has revealed the progress of the projects registered in the Regional Programming in 2024.
00:23The previous year, the Agency noted a significant acceleration in performance indicators compared to 2021 with an increase of more than 10 times for commitments, 20 times for achievements and 15 times for payments.
00:38Commitments were thus established at more than 1.1 billion dirhams while achievements reached 601 million dirhams.
00:47As for payments, more than 370 million dirhams were dedicated to them. In addition, the Agency crossed a cap by launching more than 73 applications and public consultations, while maintaining a payment delay of less than 50 days.
01:04In Morocco, the Minister of Energy Transition and Sustainable Development has indicated that her department has multiplied the number of licenses awarded for the realization of renewable energy projects as well as the volume of investments in the sector.
01:23The government has annually multiplied by 15 the number of renewable energy project licenses and has from 1.5 billion dirhams annually to 6 billion investments in this sector between 2023 and 2024.
01:38According to the same source, the sector has made a qualitative leap in terms of job creation by multiplying their rates by 11 in the renewable energy sector, while investments in the power grid have seen their volumes multiply by 5 with significant growth.
01:57And then, still in Morocco, the Interbank Monetary Center has taken a new step by making possible multi-currency payments on Moroccan e-commerce sites.
02:09The launch of this service is part of a desire to simplify and improve the experience of buying foreign consumers on Moroccan sites.
02:18This new solution relies on the dynamic conversion technology of currencies, allowing international users to adjust their online purchases in the currency of their choice with an updated exchange rate.
02:31According to the management of the Interbank Monetary Center, nearly 76% of consumers prefer to see the exact amount of their purchases in their own currency.
02:42The volume of foreign credit card transactions via the Interbank Monetary Center crossed a new threshold in 2024, reaching more than 26 billion dirhams with an impressive growth of more than 36%.
02:59Now let's move on to international economic news.
03:03The German car manufacturer Mercedes-Benz saw its profit collapse by nearly a third in 2024. Its net profit reached 10.41 billion euros, a surge of 28.4% year-on-year.
03:20The year 2024 was marked by a drop in vehicle deliveries of 4%, which had an impact on the turnover, dropping from 4.5% to 145.6 billion euros.
03:33Faced with this storm, the manufacturer plans a new contraction of its profitability at an expected ratio of between 6% and 8% this year, and puts on a savings plan to raise the bar.
03:45In China, where the brand makes a third of its sales, its deliveries fell by 7%. Mercedes-Benz is facing the competition of local brands.
03:55Faced with these difficulties, the group has recently seen its ambition to sell only fully electric vehicles from 2030, five years before the ban by the European Union.
04:09At the front of international economic news, also despite a year marked by the disruptions of the supply chain, the European giant Airbus was displayed in 2024 in much better shape than its American competitor Boeing.
04:27Airbus saw its net profit soar from 12% to 4.2 billion euros the previous year, thanks to the strong demand for aircraft, a performance close to that of the record in 2022.
04:40For this year, the aircraft manufacturer plans to deliver 820 commercial aircraft against 766 the previous year. These forecasts, however, exclude the potential impact of new customs rights on these activities.
04:55The turnover has progressed from 6% to 69.2 billion euros, while net orders rose to 826 aircraft against 2,094 aircraft in 2023.
05:08This is the end of our edition today, excellent program follow-up on our antenna.
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