The UAE and Morocco review strengthening economic cooperation
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The United Arab Emirates (UAE) and Morocco have reviewed their bilateral relations to strengthen areas of financial and economic cooperation between the two countries.
His Excellency Mohamed Bin Hadi Al Hussaini, the UAE’s
Minister of State for Financial Affairs and Nadia Fettah Alaoui, the Minister
of Economy and Finance of Morocco, met on the sidelines of the “Joint Annual
Meeting of Arab Financial Institutions” on Saturday in Rabat, the capital of
Morocco.
During the meeting, the two leaders discussed ways to boost
economic cooperation between the UAE and Morocco. Khaled Mohammed Balama, the
Governor of the Central Bank of the UAE and Mohammed Saif Al Suwaidi, Director
General of the Abu Dhabi Fund for Development (ADFD), UAE, also attended the
meeting. Senior officials from the UAE and Morocco also participated in the
meeting.
The Minister of Economy and Finance of Morocco expressed
hope to further strengthen bilateral relations between the UAE and Morocco. The
UAE minister expressed keenness to boost cooperation with the Kingdom of
Morocco in various sectors.
Nadia Fettah Alaoui said, “This meeting is a continuation of
both parties’ efforts to improve cooperation and partnership in various sectors
of common interest and support sustainable economic growth, in order to serve
the future aspirations of the two countries.”
Mohamed Bin Hadi Al Hussaini led the UAE delegation at the
Joint Annual Meeting of Arab Financial Institutions. The UAE delegation
consisted of Khaled Mohammed Balama, Younis Haji Al Khoori, Undersecretary of
the Ministry of Finance of the UAE, and Ibrahim Obaid Al Zaabi, Central Bank of
UAE's Assistant Governor of the Monetary Policy and Stability Department.
During the meeting, Mohamed Bin Hadi Al Hussaini thanked His
Majesty King Mohammed VI Ibn Al Hassan, the King of Morocco, for hosting the
“Joint Annual Meeting of Arab Financial Institutions” in Rabat.
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