Keywords: Reconstruction
Morocco and the European Union (EU) have signed a €190 million (approximately 2 billion MAD) financing agreement aimed at accelerating the recovery of areas devastated by the 2023 Al Haouz earthquake. The deal, formalized in Rabat by Morocco’s Minister Delegate for the Budget, Fouzi Lekjaa,......
Morocco’s history of balancing diplomatic ties with both Israel and Palestine places it in a unique position to contribute to peace efforts in the Middle East. Israeli opposition leader Yair Lapid has unveiled a regional plan aimed at addressing ongoing crises in Gaza and Lebanon while fostering......
Morocco has secured a vital agreement with the European Investment Bank (EIB) to finance the recovery efforts for the regions affected by the Al Haouz earthquake. The Ministry of Economy and Finance, represented by Minister Delegate Fouzi Lekjaa, and EIB Vice President Ioannis Tsakiris, signed the deal......
Morocco's economy showed resilience in the third quarter of 2024, with growth reaching 2.8%, up from the 2.4% average recorded in the first half of the year. This uptick, reported by the High Commission for Planning (HCP), stems from a continued recovery in domestic demand and a robust increase in......
Palestinian Prime Minister Mohammed Mustafa has unveiled a national initiative aimed at the reconstruction of Gaza, a region devastated by recent hostilities. In a live address from Ramallah, Mustafa emphasized that the Palestinian Authority has already extended aid to over 400,000 individuals in Gaza......
Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......
Today marks the one-year anniversary of the devastating Al Haouz earthquake that struck Morocco on September 8, 2023. This seismic event, measuring 6.4 on the Richter scale, was centered about 70 kilometers southeast of Marrakech and resulted in profound human and material losses. Official reports indicate......
In a significant move to bolster economic development across North Africa, the European Bank for Reconstruction and Development (EBRD) has announced a substantial $40 million investment in the newly established SPE REF III fund. This strategic financial injection, revealed on Thursday, underscores the......
The history of human evolution has been dramatically reshaped by the discovery of 300,000-year-old human remains in Morocco, which have pushed back the origins of Homo sapiens by a significant 100,000 years. This landmark finding has not only extended our understanding of the timeline of our species......
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