The Exchange Office reported that the United Arab Emirates has become the top investor in Morocco for the year 2024, holding an 18.9% share of net foreign direct investment inflows.

The office’s report, “Balance of Payments and General External Position of Morocco” for 2024, indicates that net UAE investment flows increased by 57.8% to 3.1 billion dirhams.

Net foreign direct investment inflows from Germany rose to 2.1 billion dirhams in 2024 compared to 1.4 billion dirhams the previous year, followed by China with 2.05 billion dirhams.

Overall, net foreign direct investment inflows in Morocco showed a surplus increase of 6.5 billion dirhams, reaching 16.3 billion dirhams in 2024.

This development is attributed to a significant rise in net debt instrument flows during the past year, quadrupling to an increase of 7.2 billion dirhams, coupled with a 14.9% rise in net equity assets.

Reinvested earnings recorded a decrease of 0.6 billion dirhams, reaching 2.1 billion dirhams.

Regarding the sectoral distribution of net inflows, the real estate sector ranked first in 2024 with a 45.4% share of total net foreign direct investment inflows, followed by the manufacturing sector at 45.2%.

The report also shows that foreign direct investment revenues increased by 10.2% to 43.8 billion dirhams, while expenses decreased by 5.3% to 27.5 billion dirhams.