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Keywords: Reconstruction


World Bank estimates rebuilding Syria will cost $216 billion

The World Bank has released a report estimating that the cost to rebuild Syria is approximately $216 billion. This figure comes in the wake of over 13 years of turmoil, including a civil war, the emergence of the Islamic State, and an ongoing refugee crisis, all of which have severely damaged the nation’s......

EBRD praises Morocco’s progress in renewable energy and industrial expansion

The European Bank for Reconstruction and Development (EBRD) has commended Morocco for its remarkable achievements in sustainable development, highlighting its growing role as a regional leader in the green transition and industrial modernization. A model of strategic vision and sustainability In an......

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......