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July 21st saw the signing of an international accord between Kuwait, Bahrain and Morocco in which key investments were outlined for the real estate and tourism sectors of Morocco.
The accord was signed in Morocco’s capital, Rabat, in the presence of the CEO of Kuwait's Commercial Real Estate Company Abdul-aziz Al-Mousa, the CEO of Projects at Bahrain's Venture Capital Bank (VCBank) and a number of directors of a Moroccan organisation.
In a press statement, Kuwaiti Al-Mousa was very optimistic about the accord that will inevitably strengthen Kuwaiti-Bahraini-Moroccan investment ties.
One of the Moroccan directors revealed this trilateral agreement will lay out specific directives for future residential and tourism investment projects in several Moroccan cities, causing further growth and a boost to this steadily emerging property market.
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