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Keywords: Reconstruction


Israeli airstrikes violate truce, killing nine Palestinians in Gaza

Israeli occupation forces (IOF) have reportedly carried out airstrikes in Gaza, killing at least nine Palestinians between Monday night and Tuesday morning. The strikes, which occurred despite a ceasefire announced last week, have further exacerbated an already dire humanitarian crisis in the region. According......

Saudi Arabia boosts aid and investments in Syria to expand regional influence

Saudi Arabia has stepped up its efforts to expand its influence in Syria by pledging significant financial and humanitarian support. In July, Riyadh announced $6.4 billion in investments aimed at rehabilitating the country’s war-ravaged infrastructure, along with commitments to rebuild schools......

EBRD grants €10M loan to boost youth entrepreneurship in Morocco

The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan to Fondation Arrawaj, one of Morocco’s leading microfinance institutions. The financing aims to empower young entrepreneurs and small businesses, particularly in regions affected by the Al Haouz 2023......

Al Haouz earthquake: Most damaged homes in Marrakech rebuilt

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 launches major reconstruction project in Damascus

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......

Saudi delegation visits Syria with major investments on the horizon

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......

Post-earthquake recovery: Over 46,000 families rebuild homes in Al Haouz

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......

EBRD invests $25 million in Morocco’s Boumadine mine to boost exploration

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 launches WE Finance Code to empower women entrepreneurs

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......