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FINANCIAL NEWS
Qatari investments in Morocco on the rise
19 Nov 2013
(MENAFN) The Ambassador of Morocco to Qatar said the Gulf nation’s direct investment in the Kingdom went up by USD800 million in the period between 2000 and 2009, The Peninsula reported.
“Morocco is free-market and highly competitive economy which is blessed with political as well as economic stability,” the ambassador said.
In 2010, trade volume between the two countries was around USD105.3 million, according to statistics, which point out the potential sectors for the development of Moroccan-Qatari trade.
The sectors include real estate, pharmaceuticals, IT business, value-adding solutions, program and content development for television and textile, in particular for home design fabrics.
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