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Tag: Earthquake
New study estimates Morocco earthquake damage at $300mln
A new assessment by the Policy Center for The New South put the material damage of Sept 8 earthquake at 3 billion dirhams ($300 million), ... Read More
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 ... Read More
Morocco/Earthquake: EBRD earmarks €250 Mln for reconstruction
The European Bank for Reconstruction and Development (EBRD) announced Wednesday a €250 million funding for Morocco to help the country to rebuild its economy in ... Read More
Morocco, Spain to mobilize €11.6 Mln for reconstruction of earthquake-affected areas
Morocco and Spain have agreed to mobilize €11.6 million from the Debt Conversion Program to finance reconstruction and rehabilitation projects in the areas hardest hit ... Read More
EIB lends Morocco 1 billion euros to back reconstruction efforts
The European Investment Bank plans to lend Morocco 1 billion euros over the next three years in support of a reconstruction plan following the earthquake ... Read More
Despite earthquake, Morocco’s tourism industry shows resilience on path to new record
Morocco is on course to break its tourist arrivals record with 11.5 million people visiting the country up to September this year, a figure that ... Read More
Morocco’s earthquake solidarity lessons
The Moroccan King, government and people set an example of national solidarity following the devastating earthquake that killed 3000 in the Atlas Mountains. Few hours ... Read More
UNSG Guterres applauds as “exemplary” the solidarity that prevailed in Morocco during earthquake
The Secretary-General of the United Nations, António Guterres, commended the exemplary spirit of solidarity that prevailed in Morocco, under the leadership of King Mohammed VI, ... Read More
Morocco’s Army deploys two additional field medical-surgical hospitals in earthquake-hit areas
On the high instructions of King Mohammed VI, Supreme Commander, and Chief of the General Staff of the Royal Armed Forces, the FAR have deployed ... Read More
Morocco/Earthquake: Emergency aid to be disbursed to affected families by End of September
Junior Budget Minister, Fouzi Lekjaa, announced that the emergency aid to the families affected by Al Haouz earthquake will be paid by the end of ... Read More