“Dubai Chambers” reveals the worth of non-oil commerce with Morocco

Dubai – The worth of Dubai’s non-oil commerce with Morocco through the previous 12 months amounted to three.2 billion dirhams, whereas the variety of lively Moroccan firms registered as members of the Dubai Chamber of Commerce reached 850 firms.

Director Common of Dubai Chambers, Mohammed Ali Rashid Lootah, mentioned yesterday, Sunday: “We efficiently concluded the enterprise discussion board between the Emirates and Morocco, which was organized in cooperation with the Chamber of Commerce, Business and Companies in Casablanca, the Common Confederation of Moroccan Enterprises, and the Chamber of Commerce, Business and Companies in Rabat.”

He added: “The discussion board offered Emirati firms with the chance to find out regarding promising funding alternatives in Morocco. It additionally contributed to bringing the views of entrepreneurs from the 2 nations nearer collectively, and strengthening bilateral financial and commerce relations.”

The Director Common of Dubai Chambers identified that the primary three months of this 12 months witnessed the becoming a member of of 99 new Moroccan firms to the Chamber’s membership, and Moroccan firms additionally are available in fourth place on the listing of African firms lively within the Chamber’s membership, by way of quantity by the top of the primary quarter of this 12 months.

He defined that funding alternatives in new sectors equivalent to renewable vitality and the digital financial system had been mentioned through the discussion board, and the significance of strategic partnerships with chambers of commerce to reinforce these alternatives was emphasised.

Supply: Al Khaleej