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Keywords: Reconstruction


The Five-Year Reconstruction of Notre-Dame Cathedral A Journey of Resilience and Revival

The road to reopening Notre-Dame Cathedral was long and demanding, requiring the tireless efforts of nearly 1,000 workers to meet the ambitious five-year deadline set by French President Emmanuel Macron. Yet, despite the challenges, the monumental task was completed in record time, including the restoration......

he Economic and Social Impact of Catastrophic Floods in Southern Brazil  

Devastating floods in the state of Rio Grande do Sul, southern Brazil, have caused estimated losses of 88.9 billion reals (14.7 billion USD), according to a comprehensive report analyzing the disaster's impact. This report, produced collaboratively by the Inter-American Development Bank, the Economic......

Morocco and EU Partner to Advance Earthquake Recovery with €190 Million Investment

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 Role in Yair Lapid’s Vision for Middle East Stability

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 and EIB Sign $532 Million Deal for Al Haouz Earthquake Recovery

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 Q3 2024 Economic Pulse: Industrial Boom Offsets Agricultural Decline

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......

Rebuilding Gaza: A National Initiative Amidst Ongoing Conflict

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 Economic Resilience Tested: Mixed Sector Performance in Q2 2024

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......

One Year After Al Haouz Earthquake, High Atlas on Slow but Steady Recovery Path

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......