Egypt gets $500m from World Bank to finance vulnerable classes support program

The World Bank has granted Egypt a new development financing of $500 million to support the “Takaful and Karama” program according to the Arab country’s Minister of International Cooperation Rania Al-Mashat. Takaful and Karama program supports the most vulnerable classes against the implications of the global economic crises and external shocks. The financing will support […]

Morocco raises insurance tax to bolster natural disaster fund

Morocco’s government will implement a significant increase in the parafiscal solidarity tax on insurance contracts, raising the rate from 1 percent to 1.5 percent. The amendment, scheduled for approval by decree at this Thursday’s Council meeting, aims to strengthen the nation’s disaster response capabilities following recent catastrophic events. The additional revenue will flow directly into […]

British Airways launches new route from London to Rabat

British Airways has launched a new route from London Gatwick to Rabat, Morocco, starting November 5, 2025. Rabat has become the third Moroccan destination for British Airways, alongside Marrakech and Agadir, reflecting Morocco’s growing tourism appeal, with a 68% increase in visitors compared to 2019. Morocco’s capital city is renowned for its rich cultural heritage, […]