The First Vice-President of Qatar Chamber, Muhammad bin Ahmed bin Towar Al-Kuwari, discussed with the head of the Moroccan side in the Qatari-Moroccan Joint Business Council, Muhammad Baida, ways to enhance cooperation relations between Qatari and Moroccan companies, investment opportunities available in the two brotherly countries, and the possibility of establishing alliances between companies from both sides.
Al-Kuwari noted the growth of the volume of trade exchange between the two countries in the year 2021 by 130 percent, to reach 754 million riyals, compared to 330 million riyals in 2017, considering that despite the rise, it is still below ambitions, expressing his hope to increase trade exchange between the two countries through Cooperation between the Qatari and Moroccan private sector. He pointed out that Morocco is a large and promising market that includes many investment opportunities that attract the interest of Qatari businessmen. He indicated that there are more than 80 Moroccan companies operating in the Qatari market in partnership with Qatari companies in various fields, most notably hospitality, trade, contracting, fashion, beauty and business solutions.
For his part, Baida pointed out that "there are many Moroccan companies that wish to invest in Qatar, which is characterized by an attractive investment climate, and there are many investment opportunities in Qatar that attract the interest of Moroccan companies."
Source (Al-Raya Qatari Newspaper, Edited)
