Saudi-Morocco Talks to Boost Economic and Investment Cooperation

Saudi-Morocco Talks to Boost Economic and Investment Cooperation

 

Saudi Minister of Investment, Eng. Khalid Al-Falih, held talks during an official visit to the Kingdom of Morocco to explore ways to enhance investment cooperation between the two countries and discuss challenges facing Saudi and Moroccan investors. The accompanying delegation was attended by the Chairman of the Board of Directors of Rasi Investment Company, Meshary AlAli AlDehashi.

 

According to a statement by the Ministry, the visit aims to support economic relations between Saudi Arabia and Morocco and explore promising opportunities in sectors such as renewable energy, industry, tourism, agriculture, transportation, and infrastructure. This reflects the depth of relations between the two countries.

The agenda includes signing an agreement to protect and encourage mutual investment between Saudi Arabia and Morocco, a strategic step that will enhance confidence among investors, facilitate the flow of quality investments, and provide a secure and stable investment environment for both parties.

The cooperation between Saudi and Moroccan companies has seen tangible development in recent years, and both sides are looking to stimulate joint investments, double bilateral trade, and expand areas of cooperation.

The Saudi investment system continues its efforts to enhance the presence of international companies and enable them to enter the promising Saudi market, in line with the objectives of “Vision 2030” aimed at diversifying the economy, attracting global investments, and increasing the contribution of non-oil sectors to the GDP.

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