Emirati economist Nile Al Jawabra stressed that relations between the UAE and Morocco are based on solid foundations and integrated positions. The leaders of the two countries remained keen to strengthen bilateral relations in all fields.
Al-Jawabra pointed out, in a special statement to 24, that the Emirati-Moroccan relations are based on political, economic, security and social factors that develop day after day under the wise directives of the two wise leaderships in the two sister countries. . .
He said: “The UAE is the first partner of Morocco in the volume of Arab investments, since its investment exceeds 20 billion dirhams in various sectors, including tourism, telecommunications, agriculture, real estate, infrastructure, services and energy, and the The UAE were chosen as the guest of honor of the fifteenth session of the Arab League. The Energy Conference was held in the capital, Rabat, and the delegation was led by the Minister of Industry and Advanced Technology and Special Envoy of the United Arab Emirates for Climate Change, Dr. Sultan bin Ahmed Al Jaber.
He added: “The main objective of the UAE is transformation in the energy sector, that is, sustainable development that coincides with the reduction of emissions through the establishment of Masdar, the leading renewable energy company, as it has invested in projects of solar and wind energy in 40 countries around the world, and has a partnership in Morocco through the National Office of Electricity Drinking Water, a solar energy system project for the home in more than 1,000 villages, and there are investments from the Fund of $2.45 billion Abu Dhabi Development, which finances 82 development projects in Morocco, and the Emirati Taqah Company project for the National Office of Electricity and Water, which covers more than 50% of the energy localities of the Jorf Lasfar region, all of which confirms the existence of many great partnership opportunities in many projects that open up new areas of cooperation between the two countries.