Kuwait places in 3rd spot among Arab in investments in morocco with over USD1.2B


(MENAFN) Moroccan Ambassador to Kuwait Ali Ibn Issa showed that Kuwait is the third in the Arab world and 10th globally in relations of the amount of investments in Morocco with over USD1.2 billion as at the end of 2019.

Al-Anba daily mentioned in a report that while emphasizing that the exchange ties among the two nations has yet to reach the wanted target.

In an exclusive talk with the daily, Ibn Issa stated that there are 110 deals, diplomatic documents of understanding and executive agendas that ease ties among the two nations in several sectors.

He quoted as an example the 10th meeting of the Combined Higher Committee in Morocco to reinforce organization on joint, local and global matters he also stated that Kuwait has been financing numerous businesses in Morocco for nearly 60 years

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