CGEM welcomes Dubai Chambers and indicators a MoU

Mr. Chakib Alj, President of the Basic Confederation of Moroccan Enterprises (CGEM), welcomed on Wednesday June 5 a delegation of financial operators from Dubai Chambers, led by its Director Basic, Mr. Mohammad Ali Rashed Lootah. This assembly is a part of the continuity of the historic ties between Morocco and the United Arab Emirates in addition to the strong financial and business relations between the companions, in response to a press launch revealed on the event. The target was to look at funding and partnership prospects in varied sectors equivalent to business, tourism, renewable power, actual property, well being companies, in addition to innovation and know-how. It additionally served as a platform to advertise exchanges between Moroccan corporations and people of Dubai, thus exploring present alternatives and creating new synergies.

On this event, Mr. Alj declared: “The Kingdom of Morocco is at present experiencing very optimistic dynamics by way of funding, due to the outstanding progress made underneath the enlightened management of His Majesty King Mohammed VI, might God assist him, which have made Morocco an African chief, significantly within the vehicle, aeronautics, textile, agri-food, pharmaceutical industries, in addition to in renewable energies. The economies of Morocco and Dubai current numerous complementarities in numerous sectors. By becoming a member of forces, our respective enterprise communities can speed up their progress and conquer new markets collectively, significantly in Africa, the place Moroccan financial operators have appreciable expertise to share. »

For his half, Mr. Mohammad Ali Rashed Lootah burdened that “the Kingdom of Morocco occupies a number one place as a serious gateway to African markets. We sit up for collaborating with CGEM to strengthen bilateral cooperation and are assured that the actions of this commerce mission, involving 18 corporations working in Dubai, will assist create new alternatives and promising partnerships, thereby selling elevated commerce and funding tasks with Dubai. »

This financial assembly was marked by the signing of a Memorandum of Understanding (MoU) between CGEM and Dubai Chambers. This MoU goals to ascertain a framework of cooperation between the 2 organizations to be able to take concrete measures to speed up the funding dynamic between Morocco and Dubai and to make sure its monitoring.