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Tangier, the gateway to Morocco, is a vibrant city where the Mediterranean meets the Atlantic. Known as Tingis in antiquity, this...

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News 09 May 2013 3 min read

Gulf countries promise 100 billion dollars of investments in Morocco

Gulf countries promise 100 billion dollars of investments in Morocco
The meeting of investors from Gulf countries in Morocco "GULFINVEST", whose 3rd edition closed its work on Tuesday evening in Tangier, announced good news for the future of investment in Morocco.On this occasion, the president of the Union of Chambers of Commerce of the Gulf countries, Khalil Abdalah Al-Khounji, noted that, according to his organisation's future projections, the volume of direct and indirect investments from Gulf countries in Morocco should reach 100 billion dollars in the next 10 years.According to him, Mr. Al-Khounji, who was speaking before an audience of high officials and 155 businessmen and investors from the Gulf alongside their Moroccan counterparts, noted in this sense the importance of the investment opportunities offered by Morocco in several sectors such as industry, tourism, agriculture and energy.Held under the theme "A strategic partnership for an economy…

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