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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 […]
Peruvian MPs get informed about development progress in Dakhla Oued-Eddahab
A Peruvian parliamentary delegation paid a visit to Dakhla on Tuesday to learn about the development momentum in the region across various areas. The visit of the Peruvian delegation, led by Speaker of the Peruvian Congress Eduardo Salhuana Cavides, provided opportunity to discover the region’s potential and infrastructure in various economic and social sectors. In […]
Recent rainfall bodes well for Morocco’s farming output
Moroccan farmers are breathing a sigh of relief after recent rainfall that dissipated the prospect of extreme drought and helped improve dam filling rates. Moroccan dams are on average 34% full on December 28 after the filling rate dropped to near 20% leading to a halt of irrigation in many key agricultural regions. Rainfall is […]



