Moroccan Embassy commemorates 'Throne Day'; Ambassador Ben Issa cites Kuwait partnership as an exemplar for Arab collaboration in regional affairs.
The Kingdom of Morocco is making strides in modernizing its economic infrastructure to attract more investors, particularly from Kuwait. This is according to the Moroccan Ambassador to Kuwait, Ali Ben Issa, who spoke to reporters during a reception hosted by the Moroccan Embassy in celebration of Throne Day.
Ben Issa highlighted the broad scope of cooperation between the two countries, spanning political, economic, and cultural fields. He expressed a need for increased efforts to elevate economic, trade, and investment relations to match the strong political ties.
The relationship between Morocco and Kuwait has a long-standing presence, with Kuwait Airways operating four weekly flights to the Kingdom, signaling increased demand. This has led to a significant increase in the number of Kuwaiti tourists in Morocco, with over 23,000 Kuwaiti visitors last year out of approximately 17.5 million tourists that visited Morocco in total.
Ben Issa praised the strength and depth of Moroccan-Kuwaiti relations, stating that a favorable environment and clear incentives are offered to Kuwaiti investors from both the public and private sectors. He believes that economic, trade, and investment cooperation between the two countries should rise to meet the same level of engagement as political relations.
Significant growth in bilateral trade has been noted, and both sides are working to further enhance commercial exchange. Opportunities lie in expanding Kuwaiti investments beyond the capital market, which currently represents 63.7% of Kuwaiti investment revenues in Morocco, to other sectors such as real estate, trade, and potentially new areas encouraged by Morocco’s ongoing financial reforms reflected in its 2025 Finance Law.
The political and diplomatic alignment, including Kuwait’s firm support of Morocco’s territorial integrity, further stabilizes the foundation for bilateral economic cooperation. Both countries are actively coordinating in international forums, which could facilitate new joint ventures and trade agreements that leverage their strategic partnership.
Ben Issa stated that the presence of Kuwait's Minister Al-Huwailah embodies the good, solid, and close relations between the Kingdom of Morocco and the State of Kuwait. He emphasized that this bilateral harmony serves as a model for successful Arab partnerships.
In summary, the key trends in economic, trade, and investment cooperation between Morocco and Kuwait focus on a strategic partnership featuring significant Kuwaiti direct investment primarily in Morocco’s trade and real estate sectors. The relationship is underpinned by strong political support from both sides, with high-level exchanges and mutual efforts to enhance cooperation at various institutional levels, including legal and judicial collaboration.
The prospects for diversification and deepening of cooperative economic projects between Morocco and Kuwait are promising, creating a favorable landscape for continued economic and investment cooperation.
- Politics and general news regarding Morocco and Kuwait could focus on the increasing efforts to elevate economic, trade, and investment relations between the two countries to match their strong political ties, as highlighted by the Moroccan Ambassador to Kuwait, Ali Ben Issa.
- In the realm of economic news, there is a growing interest among Kuwaiti investors in Morocco's real estate and trade sectors, as evident by the strategic partnership between the two nations, according to Ben Issa, who believes that this cooperation should rise to meet the same level of engagement as political relations.
