First Morocco–UAE Business Council Convenes in Sharjah

 

In a significant step towards deepening economic and diplomatic relations between Morocco and the United Arab Emirates, the first-ever Morocco–UAE Business Council convened in Sharjah this week. The event brought together key government officials, prominent business leaders, and investors from both nations, signaling a shared commitment to expanding bilateral trade, investment opportunities, and innovation-driven partnerships.

A New Chapter in Arab-African Cooperation

Held under the patronage of key economic ministries and supported by chambers of commerce from both countries, the Business Council aimed to lay a strategic foundation for future cooperation. The platform encouraged dialogue on trade facilitation, technology exchange, renewable energy, tourism, infrastructure, and agriculture — sectors where both Morocco and the UAE hold strong potential.

Speaking at the opening ceremony, delegates emphasized the importance of Arab-African economic integration, with Morocco seen as a vital gateway to both North and Sub-Saharan Africa, while the UAE continues to be a powerhouse in the Gulf and global markets.

Key Outcomes and Announcements

Several important developments emerged from the council’s sessions:

  • Bilateral Trade Expansion Plan: A roadmap was unveiled to double trade volume over the next five years through reduced trade barriers, enhanced logistics cooperation, and support for SMEs.

  • Investment Partnerships: Emirati investors expressed strong interest in Morocco’s renewable energy sector, especially solar and wind projects. Conversely, Moroccan companies explored opportunities in UAE’s real estate, logistics, and agri-tech markets.

  • Tourism and Cultural Exchange: Initiatives to promote cultural tourism and shared heritage experiences between the two nations were proposed to boost people-to-people ties and diversify tourism portfolios.

  • Business Incubator Initiative: A cross-national incubator program was launched to support young entrepreneurs from both countries, focusing on fintech, sustainability, and AI.

Voices from the Council

"This council is more than an economic platform; it's a symbol of brotherhood between our nations," said one senior official from the Moroccan Ministry of Industry and Trade.

An Emirati delegate added, “With our combined strengths — Morocco’s strategic location and green energy ambitions, and the UAE’s capital and global connections — we can build a prosperous future together.”

Looking Ahead

The Morocco–UAE Business Council is expected to convene annually, with rotating locations between the two nations. It will also form joint working groups to ensure follow-up on the agreements and to provide continuous support for cross-border ventures.

This inaugural meeting sets the tone for a dynamic partnership — one that not only strengthens economic ties but also reflects a shared vision for a more interconnected, prosperous Arab world.

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