Economy: United Arab Emirates, Morocco’s Top Investor in 2024
The United Arab Emirates ranked as the leading investor in Morocco in 2024, accounting for 18.9 percent of total net foreign direct investment (FDI) inflows.
In its report “Balance of Payments and Morocco’s International Investment Position” for the year 2024, the Exchange Office stated that net inflows from the UAE rose by 57.8 percent to 3.1 billion dirhams (MMDH).
Net FDI inflows from Germany reached 2.1 billion dirhams in 2024, compared with 1.4 billion dirhams a year earlier, followed by China with 2.05 billion dirhams. Overall, Morocco’s net FDI balance showed an improved surplus of 5.6 billion dirhams, standing at 16.3 billion dirhams in 2024.
This performance is attributed to a sharp recovery in net debt instruments, which nearly quadrupled (+7.2 billion dirhams), combined with a 14.9 percent increase in net equity securities. Meanwhile, reinvested earnings declined by 0.6 billion dirhams, settling at 2.1 billion dirhams.
By sector, real estate activities topped the list in 2024, representing 45.4 percent of Morocco’s total net FDI inflows, followed closely by manufacturing industries with 45.2 percent.
The report also noted that FDI revenues in Morocco rose by 10.2 percent to 43.8 billion dirhams, while expenditures fell by 5.3 percent to 27.5 billion dirhams.
Editorial team/le7tv
