guerguerat-morocco

Morocco receives $275 million in Solidarity Fund against catastrophic events

A parametric insurance pool, facilitated by reinsurance broker Gallagher Re, paid out $275 million to Morocco’s Solidarity Fund against Catastrophic Events (FSEC), responding to the 7-magnitude earthquake that rattled Al-Haouz region on September 8, 2023, Middle East Insurance Review reported earlier this month. The insurance broker confirmed last year that it was in touch with […]

Jordan : Regional tensions prompt King to reactivate Defense Ministry

Jordan has decided to increase its security alert level by activating its defense ministry. The order came from His Majesty King Abdullah II as part of a move to assure that the military will be in a position to defend the Kingdom in case it comes under attack from the different militias in the region. […]

Morocco, Saudi Arabia call for combating terrorism, separatist movements in Sahel

Morocco and Saudi Arabia have called for more efforts to support stability, promote sustainable development and fight extremism, terrorism and separatist movements in the Sahel region. This came in the minutes of the 13th session of the Morocco-Saudi Arabia Joint Commission convened in Rabat this week under the co-chairmanship of the two countries’ Foreign Ministers […]