Keywords: Reconstruction


Gaza’s reconstruction requires over $53 billion, says UN

The United Nations has estimated that Gaza will need more than $53 billion to recover from the ongoing war with Israel, which has also impacted other Palestinian territories. According to a report released on Tuesday, at least $20 billion will be required within the first three years of reconstruction.......

Moroccan railways secure 2bn dirham green funding

The National Railway Office of Morocco (ONCF) has successfully completed a landmark green bond issuance of 2 billion dirhams (MMDH), marking a significant step toward its 2035 carbon neutrality goal. This latest financial operation, managed by CDG Capital, garnered exceptional market interest with a......

U.S. moderates Trump's remarks on Gaza reconstruction

Following the dramatic announcement by U.S. President Donald Trump that the United States would "take control" of war-torn Gaza and relocate its inhabitants temporarily, American officials appeared to soften the president's statements on Wednesday. The White House clarified that the U.S.......

Moroccan enterprises launch innovative AI training program for 1,000 small businesses

The General Confederation of Moroccan Enterprises (CGEM) has unveiled a groundbreaking initiative called "Generation AI: Boosting 1000 Moroccan SMEs" in collaboration with the European Bank for Reconstruction and Development (EBRD) and LinkedIn. The program aims to support 1,000 small and......

Syria's interim president begins first official foreign visit to Saudi Arabia

Syria's interim president, Ahmed al-Sharaa, embarked on his first international trip to Saudi Arabia on Sunday, marking a significant moment since the overthrow of Bashar al-Assad. The announcement came from his office, which shared a picture of Sharaa and his foreign minister on what seemed to be......

Syria Sanctions Easing: EU Maps Path to Recovery

The European Union has paved the way for easing sanctions against Syria following the fall of the former regime. EU foreign policy chief Kaja Kallas announced on Monday that ministers have agreed on a roadmap to gradually lift restrictions. The EU currently imposes a wide range of sanctions on Syria,......

€20 million EU-backed loan boosts young entrepreneurs in Morocco’s earthquake-hit regions  

The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU), has announced a €20 million loan to support young entrepreneurs in Morocco. The funding, provided in local currency, will primarily target micro, small, and medium-sized enterprises (MSMEs)......

Palestinian Authority signals readiness for Gaza control as ceasefire deal advances

A significant diplomatic development unfolded Friday as Palestinian President Mahmoud Abbas declared the Palestinian Authority's preparedness to assume "complete responsibility" in Gaza, coinciding with Israel's cabinet approval of a ceasefire agreement with Hamas scheduled to begin......

Morocco secures €530 million in landmark EBRD funding for 2024

In 2024, Morocco achieved a milestone by receiving €530 million in funding from the European Bank for Reconstruction and Development (EBRD) for 12 strategic projects. A significant 59% of this funding was directed toward initiatives promoting a green economy. Among these projects, the EBRD provided......