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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 […]
Morocco’s King calls on pilgrims to adhere to Islamic values of tolerance & solidarity
King Mohammed VI, Commander of the Faithful, has called on Moroccan pilgrims to represent their country in the best way possible during the great Hajj season, by adhering to the quintessential values of Islam, including sincere brotherhood, unwavering tolerance, and effective solidarity. In a message he addressed Thursday to the first group of Moroccan pilgrims […]
Mauritania signs “win-win” fishing agreement with EU
Mauritania and the European Union (EU) have signed the fourth implementing protocol to the EU’s Sustainable Fisheries Partnership Agreement (SFPA) in a deal described by both partners as a “win-win” agreement. The implementation of the SFPA started in December 2006. After 16 months of intense negotiations, Nouakchott’s chief negotiator Cheikh Ould Baya said apart from the economic gains and […]



