Tag: Earthquake

New study estimates Morocco earthquake damage at $300mln

May 7, 2024

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

February 24, 2024

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

October 26, 2023

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

October 15, 2023

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

October 12, 2023

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

October 11, 2023

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

October 9, 2023

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

October 7, 2023

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

September 30, 2023

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

September 23, 2023

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