Egyptian Exports to Morocco Rise to $50m

Published December 13th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Egyptian exports to Morocco are expected to reach $50 million by the end of this year, the Middle East reported Wednesday, quoting Egypt's ambassador to Rabat Ahmed Fathalah as saying. 

According to the paper, this compares favorably with a meager $16 million in exports three years ago, prior to the inception of the Egyptian-Moroccan Committee.  

The ambassador added that Arab Contractors, Egypt's largest building company, has entered into the Moroccan market, with investments estimated at $36 million -- Albawaba.com

© 2000 Al Bawaba (www.albawaba.com)

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