The UAE was reported as Morocco’s leading foreign investor in 2024, with inflows amounting to MAD3.1 billion (USD 310 million).
According to Morocco World News, citing data from the country’s foreign-exchange office, the UAE’s share represented 19 percent of total FDI, reflecting a 58 percent annual increase.
In May, the UAE pledged MAD130 billion in investments in Morocco, targeting projects in water security and energy infrastructure.
Germany followed as the second-largest investor with MAD2.1 billion, compared to MAD1.4 billion the previous year, while China ranked third.
Overall, Morocco’s net FDI inflows grew 53 percent year on year, reaching MAD16.3 billion.
The real estate sector attracted the highest proportion of foreign investment at 45 percent, with manufacturing ranking next. Combined, the two sectors accounted for nearly 90 percent of FDI in 2024.
By contrast, Morocco’s outward direct investment declined sharply, falling 45 percent to MAD6.9 billion in 2024 from MAD12.4 billion in 2023.
