Riyadh, January 20, 2024, The Federation of Saudi Chambers, in partnership with the General Confederation of Moroccan Enterprises (CGEM), is set to host a significant event in Riyadh tomorrow. This event will welcome a delegation from Morocco, comprised of more than 100 companies spanning 15 diverse economic sectors. The primary focus of the visit is to foster discussions on potential trade and investment partnerships between Morocco and the Kingdom of Saudi Arabia.
Throughout the visit, the Moroccan delegation will actively participate in various economic engagements alongside representatives from both the private and public sectors of the two nations. A pivotal component of the agenda involves the hosting of the Saudi-Moroccan Economic Forum at the Federation of Saudi Chambers. This forum aims to delve into the investment climate and opportunities existing in both the Kingdom and Morocco. Furthermore, discussions will cover the roles played by funds and financing bodies in these opportunities.
The forum is also set to incorporate a joint meeting of the Saudi-Moroccan Business Council, facilitating bilateral interactions between representatives of Saudi and Moroccan companies. The objective is to explore avenues for cooperation, partnership, and investment across a spectrum of sectors, including agriculture, industry, finance, renewable energy, real estate, construction, services, health, and technology.
In essence, the visit by the Moroccan business delegation underscores a concerted effort to assess and tap into investment possibilities between companies in Morocco and Saudi Arabia, spanning a wide array of industries.