Held in Sharjah of the first Moroccan-Emirates Arabic Business Council
This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
The first Morocco -Morocco – United Arab Emirates Affairs Council was held on Wednesday in Sharjah, marking a new stage in strengthening economic and commercial relations between the two countries, linked by a solid friendship and advanced economic cooperation.
This meeting, in which the President of the General Confederation of Morocco Companies (CGEM), Chakib Alj, as well as the Ambassador of the Kingdom, took part in the United Arab Emirates, Ahmed Tazi, made it possible to reaffirm the strategic role of this council as a catalyst of investment and dialogue platform between economic actors in the two countries.
The council is co-chaired, on the Moroccan side, by the vice-president of the CGEM International Committee, Anas Guennoun, and, on the Emirati side, by the president of the Sharjah Chamber of Commerce and Industry, Abdallah Sultan Al Owais.
Speaking on this occasion, Chakib Alj underlined that the creation of this council is part of a joint initiative between the CGEM and the Federation of Chambers of Commerce and Industry of Emirates, highlighting the important prospects for bilateral cooperation, especially in key sectors such as tourism, infrastructure, agrifood industry, renewable energies, finance and tip technologies.
Alj also welcomed the increase in the number of Moroccan companies who chose Emirates as Hub for their activities, as well as the significant increase in Emirati investments in Morocco, which reflects the dynamism of bilateral economic relations.
The President of the CGEM also praised the development dynamics that the Kingdom of Morocco is experiencing under the leadership of the King who erected the country with a privileged destination for international investments.
For his part, Mr. Al Owais said that the holding of this first session constitutes a major advance in exceptional bilateral relations between the two nations, marked by an increased evolution in all areas.
He highlighted the concrete opportunities that this council will offer to companies and investment institutions, thanks to the active support of the Federation of Water Chambers, CGEM, as well as ministries, administrations and institutions concerned from the two countries.
The Emirates, he added, have proven expertise and offer multiple investment opportunities, promoting more cooperation and economic exchanges with Morocco.
He added that the work of the Business Council is called upon to lay the groundwork for a new impetus of collaboration between the business communities of the two countries, especially since the Council brings together a host of entrepreneurs, investors and representatives of the main economic and commercial enterprises.
