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MrRight

According to press sources, the three investment groups Gulf revealed its intention to invest 250 million dollars this year in Morocco, including the Kuwait Fund for Arab Economic Development and the Group of Kuwait Finance House (KFH).

Newspaper (the newspaper) on one of the officials of the Kuwait Fund for Arab Economic Development, saying that the fund plans to pump between 60 to 100 million dollars to contribute to the financing of one of the most important investment transactions carried out by the Kuwaiti group in Morocco.

The newspaper said, quoting the Kuwaiti official, who preferred to remain anonymous, said "that Morocco is one of the most important investment destinations for Kuwaiti businessmen."

The newspaper added that the group Kuwait Finance House (KFH) is currently a series of studies of the market in Morocco to discuss investment opportunities, saying that this group is able to expand their investment in Morocco.

In the same context, said an official from the group (ENOC) Emirates saying that "the group decided to invest 150 million dollars to set up an investment project in the northern city of Tangier."

The Executive Director of the Group (ENOC) Said Khoury said the investment will be to build the first phase of the plant in (Tangier), and scheduled to enter service in the first quarter of next year.

The number of institutions active in the Kuwaiti investment in Morocco, including the Group's strong - the Moroccan administered by Walid Fuhaid of the State of Kuwait, a group active in the field of tourism and real estate and financial