Keywords: Reconstruction
Nearly two years after the devastating Al Haouz earthquake, Moroccan authorities report that 85% of damaged houses in Marrakech have been rebuilt or rehabilitated. The large-scale reconstruction program, launched in February 2024 under Royal Directives, has allowed thousands of families to return to......
Saudi Arabia announced on Sunday the launch of a large-scale humanitarian and reconstruction program in Syria, starting with the removal of more than 75,000 cubic meters of war debris from Damascus and surrounding areas. The initiative, unveiled during an event in the Syrian capital, comes weeks after......
A high-level Saudi delegation composed of more than 100 investors arrived in Damascus on Wednesday, signaling a new era of economic cooperation between Saudi Arabia and post-Assad Syria. According to Saudi state television Al-Ekhbariya, the delegation, led by Investment Minister Khalid bin Abdulaziz......
More than 46,000 families in Morocco’s Al Haouz province have rebuilt or rehabilitated their homes following last year’s devastating earthquake. The reconstruction efforts, supported by a national recovery program, have been backed by significant financial allocations exceeding MAD 4.2 billion......
The European Bank for Reconstruction and Development (EBRD) has announced a $25 million loan to Canadian mining company Aya Gold & Silver Inc., aimed at advancing the exploration of the Boumadine polymetallic mine in Morocco’s Drâa-Tafilalet region. This marks a significant step in the......
Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......
The European Bank for Reconstruction and Development (EBRD) has made a significant move to bolster green finance in Morocco by providing a €70 million loan to Bank of Africa (BOA). This strategic partnership, announced recently, aims to promote sustainable lending practices within the Moroccan private......
Aya Gold & Silver has secured final approval from the European Bank for Reconstruction and Development (EBRD) for a $25 million secured credit facility. This funding will be directed towards the development of the Boumadine polymetallic project, enhancing the company's financial flexibility as......
The European Bank for Reconstruction and Development (EBRD) has announced a significant $25 million equity investment aimed at supporting Dislog Group in Morocco. This strategic financing initiative seeks to fortify the company’s capital structure while advancing its mergers and acquisitions strategy,......
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