Keywords: Infrastructure


Morocco strengthens its global role in road safety through national strategy

Morocco is strengthening its position as a leading regional and international actor in road safety, with its approach increasingly focused on reducing traffic fatalities and promoting safer mobility. The country’s efforts are being supported by a long-term national strategy that places the protection......

US banks poised to support Japan’s $550 billion investment initiative in the United States

Major U.S. banks, including JPMorgan, are nearing agreements to help finance projects under Japan's $550 billion investment commitment in the United States, marking a significant step in implementing one of the largest cross-border investment initiatives between the two allies. According to sources......

BlackRock prepares $12 billion-plus bond sale to finance major Texas data center project

BlackRock, the world's largest asset manager, is preparing to raise more than $12 billion through a major bond offering to help finance the development of a large data center campus in Texas, highlighting the growing flow of investment into infrastructure supporting artificial intelligence and advanced......

Tunnel collapse at Indian hydropower project kills at least nine, rescue efforts continue

At least nine people have died and 15 remain missing after a tunnel under construction collapsed at a hydroelectric project in the northern Indian state of Sikkim, prompting an extensive rescue operation under hazardous conditions. The accident occurred on Monday at a construction site on the Teesta......

South Africa secures $1.5 billion World Bank loan to modernize key infrastructure

South Africa has secured a $1.5 billion loan from the World Bank to finance structural reforms aimed at improving critical infrastructure, reducing economic bottlenecks and supporting long-term job creation, the country's National Treasury announced on Tuesday. The financing will be directed toward......

Casablanca launches €465 million flood protection project for eastern districts

The Casablanca-Settat Regional Multiservice Company (SRM) is advancing a major infrastructure project designed to strengthen flood protection in the eastern areas of Casablanca, with an investment exceeding 465 million Moroccan dirhams. Known as the Eastern Reinforcement System (SRE), the project aims......

Morocco plans major hotel expansion ahead of the 2030 FIFA World Cup

Morocco is preparing for a significant expansion of its tourism infrastructure as part of its long-term strategy for the 2030 FIFA World Cup, with plans to add approximately 60,000 new hotel beds across the country before the tournament begins. The initiative is expected to increase Morocco's accommodation......

Google develops new AI chip to boost Gemini performance and ease computing constraints

Google is developing a new generation of artificial intelligence server chips designed to run its Gemini models more efficiently, a strategic move aimed at expanding computing capacity as demand for AI services continues to accelerate. According to people familiar with the project, the Alphabet subsidiary......

Portugal and Morocco seek EU backing for strategic electricity interconnector

Portugal and Morocco are stepping up efforts to advance a long-discussed electricity interconnector, seeking financial support from the European Union while also exploring private-sector investment to accelerate the strategic cross-border energy project. The two countries announced they will jointly......