Gulf investors spend big in Morocco


Issue 962 - 23 Jan 2014 | 2 minute read

Though now much less hands-on in domestic politics, King Mohammed VI (‘M6’) has been busy cultivating Gulf Co-operation Council (GCC) links that only a monarch can access, looking for financial flows that could prove essential in keeping the state budget afloat. GCC experts have suggested Gulf investment in Morocco could reach $100bn in the next decade (GSN 948/10) – and there are signs that a new wave of Gulf spending could help the beleaguered Parti de la Justice et du Développement (PJD) and cash-strapped parastatals to balance the books.

Tagged with:

Pin Economy & business

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News