The Middle East News Agency reported that the Federation of GCC Chambers expected that Gulf investments in Morocco will grow from the current $5 billion to $120 billion over the next ten years. The Federation of Gulf Chambers based its expectations on the fact that Morocco has become an attractive investment destination for Arab and Gulf investors, especially in the real estate, tourism, industry and agriculture sectors, benefiting from the economic reforms taken by Morocco to support investment.

The Federation of GCC Chambers, in cooperation with the Moroccan government, the International Food and Agriculture Organization (FAO) and the Arab Gulf Agency for Media and Communication, will organize the fourth Gulf-Moroccan Investment Forum and the accompanying exhibition in Casablanca on November 28-29, under the patronage of King Mohammed VI, to discuss ways to enhance cooperation between the two sides in a number of economic sectors.

According to the agency, the fourth Gulf-Moroccan Investment Forum will be held in Casablanca on November 28-29. The agency noted that the forum seeks to highlight the opportunities available in the Gulf Cooperation Council countries and the Kingdom of Morocco, enhance communication channels between Gulf nationals and their Moroccan counterparts, increase the volume of trade exchange between the two sides and open new horizons for partnership and investment.

The forum will be held on November 28-29 in Casablanca, under the patronage of King Mohammed VI.