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EXCLUSIVE: Dubai investments in Morocco top $2 billion, with 37% growth in non-oil bilateral trade over 5 years

By Stella 

Dubai firms have poured $2.1 billion into Morocco over the past decade, the President and CEO of Dubai Chambers exclusively told Arabian Business on the sidelines of a trade mission in Casablanca last week.

This cements the emirate’s status as a preeminent source of investment for the North African country as it prepares to host the African Cup of Nations and the 2030 World Cup.

The sizeable investment figure spanning 2012-2023 was revealed exclusively to Arabian Business by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, during the New Horizons event in Morocco last week.

Source: AB

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