UAE-Morocco Business Council Inaugurates Stronger Bilateral Ties
Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), proudly welcomed the inaugural session of the UAE-Morocco Business Council, hosted in Sharjah.
This significant meeting was attended by Ahmed Al Tazi, Ambassador of the Kingdom of Morocco to the UAE, and Chakib Alj, President of the General Confederation of Moroccan Enterprises (CGEM), along with key representatives from the UAE Ministries of Foreign Affairs and Economy.
In his address, Al Owais celebrated the event as a pivotal moment in the flourishing relationship between the UAE and Morocco, emphasizing the rapid expansion of ties across various sectors. He highlighted the UAE's wealth of expertise and attractive investment opportunities, pointing out that the newly formed Business Council would foster enhanced cooperation and create promising prospects for businesses and investment institutions from both countries.
Al Owais also underlined the critical role of the Federation of UAE Chambers, CGEM, and governmental bodies in supporting the Council's initiatives. The meetings, he noted, will lay the groundwork for a future of deeper collaboration within the business community, particularly involving key figures in business, investment, and commerce from both nations.
Chakib Alj echoed Al Owais's sentiments, noting that the Council is a result of a joint effort between CGEM and the UAE Chambers, with a focus on key sectors like tourism, infrastructure, agri-food, renewable energy, finance, and advanced technology. He commended the increasing number of Moroccan companies establishing operations in the UAE, as well as the growing Emirati investment in Morocco.
The session also outlined future plans for the Council's activities, emphasizing ongoing collaboration to strengthen the economic ties between the two nations.
News Source: Emirates News Agency
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