Morocco's Poor Left Behind by Development Boom

 Mohammed Akki's wife works in the kitchen of their home that has no electricity and is lit by a gas lamp in the community of Ait Hammou Ouhmad on the edge of Azrou in Morocco, November 6, 2019. REUTERS/Abdelhak Balhaki
Mohammed Akki's wife works in the kitchen of their home that has no electricity and is lit by a gas lamp in the community of Ait Hammou Ouhmad on the edge of Azrou in Morocco, November 6, 2019. REUTERS/Abdelhak Balhaki
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Morocco's Poor Left Behind by Development Boom

 Mohammed Akki's wife works in the kitchen of their home that has no electricity and is lit by a gas lamp in the community of Ait Hammou Ouhmad on the edge of Azrou in Morocco, November 6, 2019. REUTERS/Abdelhak Balhaki
Mohammed Akki's wife works in the kitchen of their home that has no electricity and is lit by a gas lamp in the community of Ait Hammou Ouhmad on the edge of Azrou in Morocco, November 6, 2019. REUTERS/Abdelhak Balhaki

Mohammed Akki left his home in Morocco’s Middle Atlas mountains to seek regular work and a better life in the town of Azrou, but he still lives on the margins in a country enjoying an investment boom.

Every morning, Akki walks miles into Azrou, where he may or may not find work as a day laborer. His ramshackle house down a muddy lane has no electricity or running water and his school-age daughter has to study by candlelight.

He is part of a large class of impoverished Moroccans left behind by the rapid development that has transformed much of the northwestern coastline with multi-billion-dollar infrastructure projects.

“It is inconceivable. How can we live in a city but we still need candles? We hear slogans but there is no transparency. We never get any help,” said Akki, standing in his dark kitchen, where a storm lamp lit a few pans hanging from nails on the wall.

Morocco’s rampant inequality is stirring some unease in the country’s political class, particularly after protests in the northern Rif mountain region in 2017-18 and the mass demonstrations in neighboring Algeria this year.

Signs of public frustration include political chanting by football fans in Casablanca and a popular rap song that decried inequality.

“More than poverty, social disparities create frustrations that may trigger protests. These disparities are often viewed as a result of an illegitimate accumulation of wealth,” said Ahmed Lahlimi, head of Morocco’s official statistics agency.

The government said this month it had allocated 7.4 billion dirhams ($770 million) to combating social and regional disparities this year as part of a longer program.

King Mohammed VI, who sets the policy direction in Morocco, though it is implemented by an elected government, is appointing a commission to oversee a new phase of development aimed at tackling such disparities.

Mohammed’s two-decade reign has mostly focused on upgrading infrastructure needed for business, such as a high-speed rail link connecting Casablanca to Tangier, now transformed into Africa’s busiest port.

Economic growth averaged 4.5% from 2000-2012, but only 3% since then, a relatively low figure for an emerging market. A quarter of Moroccans are either poor or at risk of poverty, a recent World Bank report said, and the kingdom ranks 123rd in the UN’s human development index.

In Azrou, located in the Middle Atlas mountains east of Rabat, Akki and his family spend their evenings in the dark. He and his neighbors have to collect drinking water by donkey from a well a mile away.

Their community, Ait Hammou Ouhmad, is entirely populated by people who have left the mountains to settle near Azrou. They have built their homes cheaply without official permits and are unable to gain access to government utility services.

Country folk fleeing the poverty and uncertainty of an agricultural sector utterly dependent on variable rainfall have swelled the poor districts of Moroccan cities.

HARSHER CIRCUMSTANCES
Agriculture employs about 40% of Moroccan workers but a dry year can cut overall economic growth by more than a percentage point and leave many without work, statistics chief Lahlimi said.

The austere circumstances of Akki and his neighbors point to the even harsher conditions endured by those they left behind in the remote mountain regions, many working as shepherds, often tending flocks that belong to absentee owners.

In the high cedar forests of the Middle Atlas, where troupes of macaques lurk along the gloomy treeline, some former nomads still live in tents roofed with plastic sheeting on a barren plateau far from the nearest school or hospital.

Fadma Safsaf, whose tent and thorn animal enclosure lie in a wide meadow ringed with cedar forest, looks after two daughters and a son while her husband grazes the flock in the high pastures.

Most of the sheep and the tent they live in are owned by a landlord in France. Their annual payment is a quarter of the lambs born to the flock each year, Safsaf said.

“We lack water and electricity and suffer from snow and extreme cold. We lack clothes and shoes,” she said.

“We often have access only to muddy water. I want to go to the city, but my husband does not have a job. What could we do there? My husband has no skills,” she said.



Saudi Arabia’s flynas, Syrian Civil Aviation Authority Partner to Launch 'flynas Syria'

The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)
The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)
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Saudi Arabia’s flynas, Syrian Civil Aviation Authority Partner to Launch 'flynas Syria'

The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)
The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)

Saudi budget carrier flynas has signed an agreement with the Syrian General Authority of Civil Aviation and Air Transport to establish a new commercial airline under the name "flynas Syria," with operations scheduled to begin in the fourth quarter of 2026.

Saturday’s agreement comes within the framework of bilateral cooperation between Saudi Arabia and Syria, as well as the strategic investment agreements between the two countries, coordinated with the Saudi Ministry of Investment and the Syrian General Authority of Civil Aviation and Air Transport.

The new airline will operate commercial air transport services in accordance with approved regulations and standards, meeting the highest safety and aviation security requirements. All licensing and operational procedures will be completed in coordination with the relevant authorities.

The carrier will be established as a joint venture, with 51% ownership held by the Syrian General Authority of Civil Aviation and Air Transport and 49% by flynas.

The new airline will operate flights to several destinations across the Middle East, Africa, and Europe. This expansion aims to bolster air traffic to and from Syria, enhance regional and international connectivity, and meet growing demand for air travel.

"This step is part of our commitment to supporting high-quality cross-border investments. The aviation sector is a key enabler of economic development, and the establishment of 'flynas Syria' serves as a model for constructive investment cooperation,” said Saudi Minister of Investment Khalid Al-Falih.

“This partnership enhances economic integration and market connectivity and supports development goals by advancing air transport infrastructure, ultimately serving the mutual interests of both nations and promoting regional economic stability,” he added.

President of the Syrian General Authority of Civil Aviation and Air Transport Omar Hosari also stated that the establishment of flynas Syria represents a strategic step within a comprehensive national vision aimed at rebuilding and developing Syria's civil aviation sector on modern economic and regulatory foundations.

“This will be achieved while balancing safety requirements, operational sustainability, investment stimulation, and passenger services. The partnership reflects the state's orientation toward smart cooperation models with trusted regional partners, ensuring the transfer of expertise, the development of national capabilities, and the enhancement of Syria's air connectivity with regional and international destinations, in line with global best practices in the air transport industry."

flynas Chairman Ayed Al-Jeaid stated that the company continues to pursue strategies aimed at growth and international expansion, describing the agreement as a historic milestone in the company's journey and a promising investment model in partnership with Syria.

flynas CEO Bander Al-mohanna said the step represents a qualitative leap in the company's strategy and financial performance, highlighting the transfer of the company's low-cost aviation experience to the Syrian market to support regional and international air connectivity.

flynas currently operates 23 weekly flights from Riyadh, Jeddah, and Dammam to Damascus, including two daily direct flights from Riyadh, one daily flight from Jeddah, and two weekly flights from Dammam.

The airline made history on June 5, 2025, by adding the Syrian capital to its network, becoming the first Saudi carrier to resume scheduled flights to Damascus.


Egypt to Establish Middle East’s 1st Sodium Cyanide Plant for Gold Extraction

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed el-Gawsaky, received a delegation from DrasChem Specialty Chemicals (Egyptian Cabinet)
CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed el-Gawsaky, received a delegation from DrasChem Specialty Chemicals (Egyptian Cabinet)
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Egypt to Establish Middle East’s 1st Sodium Cyanide Plant for Gold Extraction

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed el-Gawsaky, received a delegation from DrasChem Specialty Chemicals (Egyptian Cabinet)
CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed el-Gawsaky, received a delegation from DrasChem Specialty Chemicals (Egyptian Cabinet)

The Egyptian government has announced the establishment of the first sodium cyanide production plant in the Middle East in Alexandria Governorate on the Mediterranean coast, with an annual production capacity of 50,000 tons and investments of $200 million in the first phase.

In a statement, the cabinet said on Saturday that CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed el-Gawsaky met with a delegation from DrasChem Specialty Chemicals, a Private Free Zone company, to discuss the steps required to establish the company’s sodium cyanide production facility at the Sidi Kerir Petrochemicals Complex in Alexandria.

The DrasChem project plans to begin production in 2028 following the completion of the facility’s first phase, with initial investments estimated at $200 million. This phase targets the production and export of 50,000 tons of sodium cyanide annually, a key input in gold extraction.

The second phase will focus on either doubling production capacity or manufacturing additional sodium cyanide derivatives, while a third phase will target the production of sodium-ion battery components.

El-Gawsaky said the project aligns with the country’s developmental priorities, particularly those related to increasing exports, transferring and localizing advanced technology, deepening local manufacturing and creating sustainable job opportunities.

The CEO also noted that the plant would benefit from the results of Egypt's economic reform program, which has caused significant improvements in investment, trade, and logistics indicators.

El-Gawsaky urged Egyptian companies, including DrasChem, to adopt integrated, export-oriented industrial strategies, with a particular focus on African markets.

He said the Ministry of Investment and Foreign Trade aims to increase exports by $4 billion. The focus will be on sectors with high competitive advantages, particularly the chemicals sector.

He also highlighted that DrasChem’s sodium cyanide products are of strategic importance to gold mines in Africa, which account for about a quarter of global gold production.

Bassem El-Shemmy, Vice President for Strategic Partnerships at Austria-based Petrochemical Holding GmbH, the largest shareholder in DrasChem, said project partner Draslovka of the Czech Republic will, for the first time, transfer its proprietary technology - developed at its facilities in the US - to Africa and the Middle East.

This move, he said, will help position Egypt as a regional hub for gold extraction technologies and sodium-ion battery manufacturing, a more sustainable and cost-effective alternative to lithium-ion batteries.

For his part, Andrey Yurkevich, Deputy Managing Director for Strategy and Business Development at Petrochemical Holding GmbH, said the DrasChem facility will create up to 500 direct jobs and generate approximately $120 million in annual foreign-currency revenues.

He said that the project will enhance the stability and sustainability of local supply chains and strengthen Egypt’s regional standing as home to the first sodium cyanide production facility in both Egypt and the Middle East.


Türkiye Says to Maintain Tight Monetary Policy, Fiscal Discipline

FILE PHOTO: People shop at a green market in Istanbul, Türkiye, October 22, 2025. REUTERS/Dilara Senkaya/File Photo
FILE PHOTO: People shop at a green market in Istanbul, Türkiye, October 22, 2025. REUTERS/Dilara Senkaya/File Photo
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Türkiye Says to Maintain Tight Monetary Policy, Fiscal Discipline

FILE PHOTO: People shop at a green market in Istanbul, Türkiye, October 22, 2025. REUTERS/Dilara Senkaya/File Photo
FILE PHOTO: People shop at a green market in Istanbul, Türkiye, October 22, 2025. REUTERS/Dilara Senkaya/File Photo

Türkiye will maintain its tight monetary policy and keep fiscal discipline in order to further lower inflation, Vice President Cevdet Yilmaz said on Saturday.

Turkish consumer price inflation leapt to a higher-than-expected 4.84% month-on-month in January, official data showed on Tuesday, driven in part by new year price adjustments and a jump in food and non-alcoholic drinks prices. Annual inflation dipped to 30.65%.

Speaking at an event in the southeastern province of Siirt, Yilmaz said ⁠the 45-point fall in inflation since May 2024 was not enough, adding the government was on a path to further lower consumer prices.

"We will maintain our tight monetary policy, we will keep our disciplined fiscal policies, we are determined to do this. But ⁠these are not enough either. On the other hand, we have to contribute to our battle with inflation through our supply-side policies," he added, according to Reuters.

Last month, Türkiye's central bank lowered its key interest rate by a less-than-expected 100 basis points to 37%, citing firming inflation, pricing behavior and expectations that threaten the disinflation process.

After a brief policy reversal early last year due to political turmoil, the bank's ⁠rate-cutting cycle resumed in July with a 300-basis-point cut, followed by more subsequent cuts.

The bank has eased by 1,300 points since 2024, when it held rates at 50% for most of the year to wrestle down inflation expectations.

Last month, the head of the Turkish Exporters Assembly told reporters late that Türkiye's extended period of tight economic policies had hurt manufacturers, with high interest rates and costs posing risks to the country's official $282 billion export target.